40+ Years in Business - Your Auction & Real Estate Experts.
Bidding Begins: Tuesday, April 13th at 12 Noon CT
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Along Darmstadt Road - Just South of Darmstadt, IN
Attention: Investment Land Buyers, Developers, and Restaurateurs. Large Commercial Building, Storage Warehouse on 5+ Acres, Potential Home Site
Notice: Tracts 1, 2, and 3 have been sold prior to the auction. Bidding will continue on Tract 4 through tomorrow at 12 NOON.
William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to Clearcrest, LLC, located in Sections 19 of Center Township, Vanderburgh County, IN.
PROCEDURE: The real estate will be offered in 4 tracts via
online bidding. Bids on individual tracts may compete. 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. BUYER’S PREMIUM: A 5% buyer’s premium will be added to the high bid to determine the contract sales price. 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 immediately following the close of the auction. A Purchase
Agreement will be sent via email for electronic signature. DEED: Seller shall provide a sufficient 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: Buyers will receive possession to the property at closing. REAL ESTATE TAXES: The real estate taxes will be the responsibility of the buyer beginning NOVEMBER 2021, 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. SURVEY: If a survey is deemed necessary to
establish a new legal description, the cost of the survey will be shared
50/50 between the seller and buyer. 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. TECHNICAL ISSUES: You understand that this auction
is online-only, and so relies on devices and programs that may
malfunction without warning. In the event there are technical
difficulties related to the server, software, internet or any other
auction-related technologies, William Wilson Auction Realty, INC
reserves the right to extend bidding, continue the bidding or close the
bidding. You agree that the Auctioneer will not be liable for any error
or inconvenience that may be the result of such a malfunction. Neither
the company providing the software, nor William Wilson Auction Realty,
INC shall be held responsible for the failure of the software to
function properly for any reason. BIDDING ONLINE: All
bidding in this auction is being conducted online. (If you need
assistance placing an online bid or prefer to submit a bid in person,
please call our office for assistance 1-812-682-4000). Online-only
auctions utilize the "Soft Close" feature that automatically extends the
bidding time if a bid is received in the last minute of the published
bidding period. The extensions will continue until a minute has lapsed
without any bidding activity, at which time the auction is concluded. Dynamic
Closing "Soft Close": The closing time of a lot is automatically
extended an additional five minutes any time a bid is placed on a lot
when that particular lot has less than five minutes left on its
countdown. This will continue until there are no longer any bids
submitted for that individual lot. It will stop extending when no bid
has been placed in the last five minutes of that lot. This only affects
lots with last minute bids. Any lot not bid on in the last FIVE MINUTES
will continue to close at their normal times, listed on the time left. Maximum
Bidding: This auction also features MAXIMUM BIDDING. If you enter a
maximum bid and are outbid by another bidder, the system will
automatically bid on your behalf at the established bid increments up to
your maximum. In the case of an auction with a reserve, if the max bid
amount entered is less than the reserve, the system will place the bid
at the max amount. Once the reserve is met, then the system will advance
the bid (by the bid increments) only when the bidder is outbid by
another bidder, up to the bidders max. The Auctioneer does not know any
bidder's maximum bid. The system will not advance a bidder's own bid.
Another bidder has to bid to increase the current price and the computer
will automatically bid up to your max in the increments specified. If
someone has already entered a MAX BID on a property you are bidding on,
the system will automatically bid for you until you are the current high
bidder or until you reach your MAX BID. If you have reached your MAX
BID and are still not the current high bidder, the system will give you
the opportunity to enter another MAX BID. If you are not able to be
around a computer/mobile device during the closing of the auction or
receive and/or read your outbid notices, we HIGHLY RECOMMEND you enter
your MAX BID when bidding. Please remember, you can always raise your max bid, but you CANNOT lower it. Be aware of this while bidding. If you have any questions [email protected] or call the office at 1-812-682-4000. When
You Have Been Outbid: If you are outbid during the course of this
auction, you will be notified by email, IF you have chosen this option
when you registered. If you are outbid approaching the time of the
auction beginning to end you may NOT receive your notification until
after the auction ends. You can see if you are high bidder at any time
using the "Watch List" feature; items which you have put on the Watch
List will show winning bidder or outbid. Do NOT believe you are the
winning bidder. If you are unsure of your bid status, before the auction
begins to end email [email protected] your name and lot number
and reason for the email or call 1-812-682-4000. Reporting
Bidding Errors: You should carefully review every bid you choose to
make before submitting that bid. The Auctioneer will not automatically
assume that any bid was made in error. If you mistakenly increase your
own bid at any time during the auction or make some other bidding error
(e.g. placing your bidder number in the price field or too many zeros
before the decimal point), you must immediately contact the Auctioneer
by email at [email protected], or call the office at
1-812-682-4000. The Auctioneer will NOT undo bidding errors reported
AFTER the auction has begun to close. CHOOSE WISELY: IF
YOU decide it is not suited for your intended use, our clients are not
willing to assume the cost of your mistakes. When in doubt about
condition, completeness, suitability for intended use, or exact location
please bid accordingly. When becoming the winning bidder
at auction, you have affected a contract and will be expected to pay
for the property or properties in which you were evidenced to be the
successful bidder. All announcements the day of the auction take precedence over printed material or any other oral statements made.