ABSOLUTE LACONIA 91 ACRE LAND AUCTION
SELLS TO HIGH BIDDER - NO RESERVE
TUES. APRIL 9 6 PM-LIVE EVENT
PROPERTY ADDRESS: 9055 S. Hwy 11 SE, Laconia, IN 47135
Approx. 2 miles north of Laconia, IN
AUCTION LOCATION: Laconia Civic Center-11539 Jackson Alley, Laconia, IN
SELLS TO HIGH BIDDER - NO RESERVE
TUES. APRIL 9 6 PM-LIVE EVENT
PROPERTY ADDRESS: 9055 S. Hwy 11 SE, Laconia, IN 47135
Approx. 2 miles north of Laconia, IN
AUCTION LOCATION: Laconia Civic Center-11539 Jackson Alley, Laconia, IN
CLICK ON "FILES" TAB ABOVE FOR ADDITIONAL INFO (AERIALS, TAX INFO, TIMBER INFO, ETC)
REAL ESTATE INFO: Family/Estate owned, first time on market! Sells ABSOLUTE-NO RESERVE. Will be offered separate and together. Adjoins historic Boone Family Cemetery & minutes from Horseshoe Casino/Resort.
TRACT #1: Includes a 1920 recently remodeled two story frame home sitting on 1.0* +/- acres with approx. 210’ frontage on Hwy 11. Interior features: 2020 sf, 3BR, large updated 1BA, & partially remodeled kitchen w/oak cabinets. Exterior features: attached garage (480 sf), new windows/doors, metal roof (3-4 yrs old), new concrete front porch, new insulation/siding, 24x36 metal sided detached garage, (4) grains bins (potentially income producing) & large lighted horseshoe pitching area. Utilities: like new forced air LP furnace, Hardy outdoor wood furnace, like new central air, & well water (SH water available).
TRACT #2: 70* +/- acres with approx. 1150’ frontage on Hwy 11. Per FSA 52* tillable acres, small creek on corner
TRACT #3: 20* +/- acres with approx. 1480’ of frontage on Old Goshen Rd. Property lays flat & is entirely wooded. Timber appraised at $17K on 3/13.
UTILITIES: South Harrison Water Available on Hwy 11 & Old Goshen Rd, Harrison REMC Electric, South Harrison School Corp
INSPECTION: Tuesday March 26 4-6 pm (Auction Co representatives will be located on Tract #1-House)
LEGAL DESCRIPTION: 002-00342-00 PT NW ¼ 21-5-4 1.25; 2; 342 PT NW ¼ 21-5-4 1; PT NW ¼ 21-5-4 and 002-00916-00 PT NW QR; 21-5-4; 90.658; SURVEY ON FILE; 02
TAXES: $474.59/per installment (based on Tracts 1-3)
PARCEL ID: 31-18-21-100-007.000-003 & 31-18-21-100-002.000-003
DIRECTIONS: From Corydon, south on SR 337 10 miles, turn right (south) on Hwy 11 1.0 mile to site. From Laconia, north on Hwy 11 2.3 miles to site. Watch for auction arrows.
OWNER: Estate of James L. May
ESTATE ATTORNEY: Marian M. Pearcy
TRACT #1: Includes a 1920 recently remodeled two story frame home sitting on 1.0* +/- acres with approx. 210’ frontage on Hwy 11. Interior features: 2020 sf, 3BR, large updated 1BA, & partially remodeled kitchen w/oak cabinets. Exterior features: attached garage (480 sf), new windows/doors, metal roof (3-4 yrs old), new concrete front porch, new insulation/siding, 24x36 metal sided detached garage, (4) grains bins (potentially income producing) & large lighted horseshoe pitching area. Utilities: like new forced air LP furnace, Hardy outdoor wood furnace, like new central air, & well water (SH water available).
TRACT #2: 70* +/- acres with approx. 1150’ frontage on Hwy 11. Per FSA 52* tillable acres, small creek on corner
TRACT #3: 20* +/- acres with approx. 1480’ of frontage on Old Goshen Rd. Property lays flat & is entirely wooded. Timber appraised at $17K on 3/13.
UTILITIES: South Harrison Water Available on Hwy 11 & Old Goshen Rd, Harrison REMC Electric, South Harrison School Corp
INSPECTION: Tuesday March 26 4-6 pm (Auction Co representatives will be located on Tract #1-House)
LEGAL DESCRIPTION: 002-00342-00 PT NW ¼ 21-5-4 1.25; 2; 342 PT NW ¼ 21-5-4 1; PT NW ¼ 21-5-4 and 002-00916-00 PT NW QR; 21-5-4; 90.658; SURVEY ON FILE; 02
TAXES: $474.59/per installment (based on Tracts 1-3)
PARCEL ID: 31-18-21-100-007.000-003 & 31-18-21-100-002.000-003
DIRECTIONS: From Corydon, south on SR 337 10 miles, turn right (south) on Hwy 11 1.0 mile to site. From Laconia, north on Hwy 11 2.3 miles to site. Watch for auction arrows.
OWNER: Estate of James L. May
ESTATE ATTORNEY: Marian M. Pearcy
EXHIBIT A-LIVE ABSOLUTE REAL ESTATE TERMS & CONDITIONS<br>
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1. Property Address: 9055 S Hwy 11 SE<br>
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2. Conditions of Sale: Everyone must register for a bidder number. The owner does warrant that they have good merchantable title to the real estate and that they will convey the same with an appropriate deed (via a personal representative&#65533;s deed), free from all encumbrances, liens or judgments at the time of closing.<br>
<br>
3. Restrictions: Subject to local county and state laws, ordinances and regulations; also selling to all easements of record. Seller is placing no restrictions on the property.<br>
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4. Acceptance of Bid: Real estate is being sold to the high bidder without reserve. All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. By signing an offer, Buyer(s) will be waiving the 10-day lead based paint test. This auction is absolute with no reserve and is a cash sale not contingent on or subject to financing, appraisal, survey, or inspections of any kind. <br>
<br>
5. Down Payment: 10% (non-refundable) down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashier&#65533;s check, personal check, or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.<br>
<br>
6. Closing: The balance of the purchase price is due at closing, which will take place within 30 days of auction.<br>
<br>
7. Possession: Possession at closing.<br>
<br>
8. Real Estate Taxes: Real estate taxes will be prorated to the day of closing.<br>
<br>
9. Acreage: All tract acreages, dimensions, and proposed boundaries, are approximate and have been estimated based on current legal descriptions and/or aerial photos. <br>
<br>
10. Real Estate Brokerage Services Disclosure: Beckort Auctions LLC and their representatives are Exclusive Agents of the Seller(s). We do not represent the buyer(s) in any manner and we must be completely loyal and faithful to our client. Beckort Auctions LLC has an exclusive right to sell listing for this transaction. All negotiations must be conducted through Beckort Auctions LLC. Properly registered Broker/Agents are eligible for a commission of 1%. Commission based on auction bid price not to include any buyer&#65533;s premium if applicable. You must pre-register your Buyers with Beckort Auctions, LLC twenty-four (24) hours before the end of the auction by filling out and recording with Beckort Auctions a Broker Registration Form. Agents who fail to pre-register their Buyer will not be recognized as Buyer Agents and will not be entitled to a co-op commission. Broker/Agent cannot act as a Buyer and Broker/Agent on the same transaction. Please review the Broker Registration Form for eligibility.<br>
<br>
11. Disclaimer and Absence of Warranties: All information contained in the brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an &#65533;AS IS, WHERE IS&#65533; basis, and no warranty or representation, either expressed or implied concerning the property is made by the seller or the auction company. All sketches and dimensions in the brochure and are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the seller or the auction company. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and selling agents reserve the right to preclude any person from bidding if there is any question as to the person&#65533;s credentials, fitness, etc. All decisions of the auctioneer are final.<br>
<br>
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENT MADE.
<br>
1. Property Address: 9055 S Hwy 11 SE<br>
<br>
2. Conditions of Sale: Everyone must register for a bidder number. The owner does warrant that they have good merchantable title to the real estate and that they will convey the same with an appropriate deed (via a personal representative&#65533;s deed), free from all encumbrances, liens or judgments at the time of closing.<br>
<br>
3. Restrictions: Subject to local county and state laws, ordinances and regulations; also selling to all easements of record. Seller is placing no restrictions on the property.<br>
<br>
4. Acceptance of Bid: Real estate is being sold to the high bidder without reserve. All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. By signing an offer, Buyer(s) will be waiving the 10-day lead based paint test. This auction is absolute with no reserve and is a cash sale not contingent on or subject to financing, appraisal, survey, or inspections of any kind. <br>
<br>
5. Down Payment: 10% (non-refundable) down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashier&#65533;s check, personal check, or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.<br>
<br>
6. Closing: The balance of the purchase price is due at closing, which will take place within 30 days of auction.<br>
<br>
7. Possession: Possession at closing.<br>
<br>
8. Real Estate Taxes: Real estate taxes will be prorated to the day of closing.<br>
<br>
9. Acreage: All tract acreages, dimensions, and proposed boundaries, are approximate and have been estimated based on current legal descriptions and/or aerial photos. <br>
<br>
10. Real Estate Brokerage Services Disclosure: Beckort Auctions LLC and their representatives are Exclusive Agents of the Seller(s). We do not represent the buyer(s) in any manner and we must be completely loyal and faithful to our client. Beckort Auctions LLC has an exclusive right to sell listing for this transaction. All negotiations must be conducted through Beckort Auctions LLC. Properly registered Broker/Agents are eligible for a commission of 1%. Commission based on auction bid price not to include any buyer&#65533;s premium if applicable. You must pre-register your Buyers with Beckort Auctions, LLC twenty-four (24) hours before the end of the auction by filling out and recording with Beckort Auctions a Broker Registration Form. Agents who fail to pre-register their Buyer will not be recognized as Buyer Agents and will not be entitled to a co-op commission. Broker/Agent cannot act as a Buyer and Broker/Agent on the same transaction. Please review the Broker Registration Form for eligibility.<br>
<br>
11. Disclaimer and Absence of Warranties: All information contained in the brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an &#65533;AS IS, WHERE IS&#65533; basis, and no warranty or representation, either expressed or implied concerning the property is made by the seller or the auction company. All sketches and dimensions in the brochure and are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the seller or the auction company. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and selling agents reserve the right to preclude any person from bidding if there is any question as to the person&#65533;s credentials, fitness, etc. All decisions of the auctioneer are final.<br>
<br>
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENT MADE.