ABSOLUTE AUCTION – (2) MT. VERNON PROPERTIES


TRACT 1
House at 423 W. 6th Street, Mt. Vernon

TRACT 2
1.8 Acres at Corner of Sauerkraut Lane and Hwy 62 West

LIVE AUCTION
Began: 09/20/17 at 5:30 PM CDT
Location: 423 W. 6th St, Mt. Vernon, IN 47620
INSPECTION
Began: 09/14/17 at 5:00 PM EDT
Ended: 09/14/17 at 6:00 PM EDT
Location: 423 W. 6th St, Mt. Vernon, IN 47620


ABSOLUTE AUCTION

(2) MT. VERNON PROPERTIES

WEDNESDAY, SEPTEMBER 20, 2017 • 5:30 PM CT

William Wilson Auction & Realty, Inc. has been authorized to sell the real estate located in Posey County at 423 W. 6th St, Mt. Vernon, Indiana and at the corner of Sauerkraut Lane and Hwy 62 W.

DESCRIPTION

TRACT 1: 423 W. 6th Street, Mt. Vernon

  • 1970-Constructed Home
  • 950 SF w/ 3 Bedrooms, 1 Bath
  • 75′ x 135′ Lot
  • 1-Car Attached Garage
  • Fenced Yard

TRACT 2: Corner of Sauerkraut Lane and Hwy 62 West

  • 1.8 +/- Acres
  • Buildable Corner Lot 

AUCTION LOCATION: The auction will take place at 423 W. 6th St, Mt. Vernon, IN 47620 on Wednesday, September 20, 2017, at 5:30 PM CT.

INSPECTION:

Thursday, September 14 – 5-6:00 PM CT

or view one hour prior to auction

NOTE: Inspection location for the Sauerkraut Lane Lot (Tract 2) will be at 423 W. 6th Street

AUCTIONEER’S NOTE: Good investment opportunities in Mt. Vernon, selling at Absolute Auction.  Don’t miss it!

OWNER: Estate of Gerald Nurrenbern

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 (2) tracts.  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 bidders will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction.  The real estate will be sold at Absolute Auction, regardless of price.

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 Warranty Deeds conveying title to the properties.

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 real estate taxes will be the responsibility of the buyer beginning with taxes due and payable May 2018 and thereafter.

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 Main St in Mt. Vernon, turn west onto W. 6th St.  Watch for signs.

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