6,480 SF CITY OWNED COMMERCIAL PROPERTY
REAL ESTATE AUCTION
TUESDAY, AUGUST 29, 2017 • 12:00 NOON CT
6,480 SF CITY OWNED COMMERCIAL PROPERTY AUCTION
William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to the City of Evansville, located in Pigeon Township, Vanderburgh County, at 315 Taylor Ave, Evansville, IN 47713.
- Zoned CO-2 (Commercial Office)
- Multiple Use Property
- Large Parking Lot in Rear
- Additional Lot across the Street
AUCTION LOCATION: The auction will take place on-site at 315 Taylor Ave, Evansville, IN 47713 on August 29 at 12:00 NOON CT.
INSPECTION: Tuesday, August 15, 12-1:00 PM CT
AUCTIONEER’S NOTE: Former South Sector Police office, this building has both offices and open spaces lending itself to a variety of potential uses. Plan to attend this auction and buy this property.
OWNER: City of Evansville
All announcements the day of the auction take precedence over printed material or any other oral statements made.
PROCEDURE: The real estate will be offered in one (1) tract. There will be open bidding during the auction as determined by the Auctioneer. Conduct of the auction and increments of bidding are at the discretion of the auctioneer. All decisions of the Auctioneer are final.
DOWN PAYMENT: A 10% down payment is due on the day of the auction with the balance due at closing. The down payment may be in the form of cash, cashier’s check, personal check or corporate check. Bidding is not conditional upon financing. Bidders should arrange for financing, if needed, and be capable of paying cash at closing.
ACCEPTANCE OF BID: Successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction. The final bid price is subject to the seller’s acceptance or rejection.
BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the high bid to determine the contract sale price.
DEED: Seller shall provide a Corporate Warranty Deed conveying title to the property.
CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of the presentation of insurable title.
POSSESSION: Possession of real estate shall be delivered to the buyer at closing.
REAL ESTATE TAXES: The property is currently tax exempt. Buyer will assume and agree to pay taxes beginning in May 2018 and thereafter.
ACREAGE: All tract acreages, dimensions, and proposed boundaries outlined on the auction plat and all advertising are approximate and are estimated based on current legal descriptions and/or aerial photos. Purchaser should make his/her own independent determination of acreage prior to bidding.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this ad and all related materials are subject to the terms and conditions outlined in the Purchase Agreement, which shall take precedence. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or WILLIAM WILSON AUCTION & REALTY, INC., including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities, assurance of building permits, driveway permits, or water and septic permits. All sketches and dimensions are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property.
From Fulton Ave in Evansville, turn east onto NW 2nd St, south onto Culver Dr, then take 1st left onto Taylor Ave. Watch for signs.