LANESVILLE REAL ESTATE AUCTION
5 AC & HOUSE ON I-64 LANESVILLE EXIT
RESIDENTIAL & COMMERCIAL POTENTIAL
ON-LINE ONLY ENDS JUNE 18
ADDRESS: 4221 Wismann Road NE, Lanesville, IN
Located on the NW corner of the Lanesville I-64 #113 ExitJust 10 min west of Louisville & 10 min east of Corydon!
CLICK ON THE "FILES" TAB ABOVE FOR ADDITIONAL INFORMATION (PROPERTY ASSESSMENT, TAX BILL, AERIAL, ETC.)
REAL ESTATE INFO: An excellent offering of fresh to the market Lanesville real estate! This property lends itself to a variety of uses and has endless potential uses. A rare opportunity to purchase 5.14 +/- acres of land on the recently approved for sewers-Lanesville I-64 Interchange.
HOUSE DETAILS: Includes an immaculate 1979 built brick ranch style home. Interior features: 1822 sf of finished living space, 3 bedrooms (all with closets), 2.5 baths, massive brick fireplace, dining room, large bay window, kitchen with bar area, & large walk-out doors to rear patio. Downstairs is an unfinished 1040 sf poured wall basement with an eight ft ceiling. Appliances include a Whirlpool side by side refrigerator, double oven, dishwasher, microwave, washer/dryer, & Nu-Tone central vac-system. Exterior features: attached two-car garage, recent 30-yr dimensional asphalt shingle roof, beautiful rear patio with 28’ diameter pool and massive deck, & a recently sealed black top driveway. Note, doors/windows/roof are less than three years old!
BUILDING DETAILS: A 2005 built 40’x150’ covered arena (6000 square feet-unlimited potential usage-currently used as calf-roping facility); a metal sided 50’x50’ shop/barn (30x50 shop & 20x50 area that includes 5 horse stalls & tack room with asphalt alleyway); and a detached 34’x36’ three-car garage
LAND DETAILS: The 5.14 +/ ac site is divided by Wismann Road and includes 430’ +/- of frontage. South parcel contains 1.4 ac +/- with 230’ +/- of frontage on I-64. North parcel contains 3.7 ac +/- and all improvements. Majority of property is currently fenced pasture area, great for a small horse or cattle farm. Zoned PEC: B4 & I-1B, great investment potential!
ZONED: B-4 & I-1B
UTILITIES: Harrison Co REMC electric, Ramsey Water, septic system, LP tanks (sells with property), recent LP forced air furnace/central air unit (90% efficiency)
SCHOOLS: Lanesville School System
INSPECTION: Tues June 4 5-6 pm or by appointment.
LEGAL DESCRIPTION: PT SW1/4 EXCEPTING ROAD EASEMENT 7-3-5 5; PT SW QR 7-3-5 0.139
TAXES: $637.07 per installment
PARCEL ID: 31-11-07-300-013.000-005
DIRECTIONS: From I-64 Lanesville Exit 113, north on Crandall Lanesville Road NE 0.3 miles, left to stay on Crandall Lanesville Rd. NE 0.2 miles, then left on Wismann Road NE 0.3 miles to site.
OWNER: Terry T. & Sandra L. Haller
Exhibit A <br>
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Terms and Conditions of Online Only Real Estate Auction<br>
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1. Conditions of Sale: This online only auction is selling subject to owner&#65533;s confirmation and is not contingent on or subject to financing, appraisal, survey, or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Agreement to Purchase Real Estate. Seller and Buyer(s) shall pay their share of the costs of closing. Buyer acknowledges they are buying property &#65533;as-is&#65533;, &#65533;where-is&#65533;, without inspections or contingencies. Buyer(s) will rely on his/her own judgment and inspection. By signing an offer, Buyer(s) will be waiving the 10-day lead based paint test.<br>
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2. Closing: A Buyer&#65533;s Premium of 5% is added to the high bid. Please take this into consideration when bidding. At the close of the auction, the successful Bidder will be emailed an Agreement to Purchase Contract to be executed and returned to Beckort Auctions, LLC within twenty-four (24) hours of the completion of the auction along with 10% deposit of the total contract price. If method of payment of the 10% earnest deposit is made by credit card, there will be a 3% fee charged. The entirety of the remaining balance is due at closing on or before Thirty (30) days from Auction Day. Purchaser will be responsible for all wire transfers. Per the Contract, time is of the essence; you should proceed to closing within Thirty (30) days. Possession shall be given to the successful Buyer(s) at closing, seller will provide deed preparation.<br>
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3. Liquidated Damages: Successful Bidders not executing and returning their Contract with Earnest Money deposit within Forty Eight (48) hours of the conclusion of the auction will be considered in default. If your closing is delayed for any reason, by you, as purchaser, or other parties working on your behalf, including any lender you involve, you may be declared in breach of this contract, forfeit all deposits made and could additionally be liable for any and all costs incurred by Seller and Beckort Auctions, LLC incurred in a subsequent resale of the property. If such action occurs, Beckort Auctions LLC hereby has the right to disperse the deposit as stated in the listing agreement and the buyer has no claims to such money or property being sold. Liquidated damages are to cover cost of auction, cost incurred by seller, labor cost and additional cost of auction as not defined in this agreement. These liquidated damages do not restrict the seller from suing the buyer for performance damages and/or any additional damages the seller suffers by the default of the buyer.<br>
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4. Back-Up Bids: If you are not the successful bidder on the real estate and wish to make a back-up bid in case of default by the high bidder, please see Brian Beckort to receive a Back-Up Bidder Form.<br>
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5. Other Conditions: There are no contingencies to this sale (i.e., financing, appraisal, repairs, or inspections). Therefore, you should be pre-qualified by a lender prior to bidding if you require financing. <br>
Beckort Auctions, LLC reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Beckort Auctions LLC will reject the registration, and bidding activity will be terminated.<br>
All Beckort Auctions, LLC Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. Example: If an auction scheduled to end at 6:00 p.m. receives a bid at 5:59 p.m., the close time of the auction automatically extends to 6:10 p.m. The auto-extend feature remains active until no further bids are received within the 10 minute time frame.<br>
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6. 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.<br>
A two percent (2% variable) bid price commission, not to include any buyer&#65533;s premium if applicable, is available to properly registered Brokers/Agents. 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>
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7. Beckort Auctions LLC Involvement in this Contract: The seller and buyer hereby agree that Beckort Auctions LLC is a part of this contract and shall receive compensation as stated in the agreement hereto or as stated in the listing agreement hereby made a part of.<br>
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8. Restrictions: Real Estate is sold subject to any and all existing matter of record, and all easements, building use or zoning laws and regulations. Taxes and assessments will be pro-rated to the closing date.<br>
<br>
9. Additional Auction Information: All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the seller or the auctioneers. Personal on-site inspection of all property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer or deposit money after its opening tender. This includes but is not limited to public information such as easements, restrictions, zoning, right-of-ways, or any other information that can be obtained as public record in the appropriate county court house concerning subject properties. <br>
<br>
<br>
<br>
REVISED 05/06/2013
<br>
Terms and Conditions of Online Only Real Estate Auction<br>
<br>
1. Conditions of Sale: This online only auction is selling subject to owner&#65533;s confirmation and is not contingent on or subject to financing, appraisal, survey, or inspections of any kind, as agreed to by bidders at registration prior to bidding and specified in the attached Agreement to Purchase Real Estate. Seller and Buyer(s) shall pay their share of the costs of closing. Buyer acknowledges they are buying property &#65533;as-is&#65533;, &#65533;where-is&#65533;, without inspections or contingencies. Buyer(s) will rely on his/her own judgment and inspection. By signing an offer, Buyer(s) will be waiving the 10-day lead based paint test.<br>
<br>
2. Closing: A Buyer&#65533;s Premium of 5% is added to the high bid. Please take this into consideration when bidding. At the close of the auction, the successful Bidder will be emailed an Agreement to Purchase Contract to be executed and returned to Beckort Auctions, LLC within twenty-four (24) hours of the completion of the auction along with 10% deposit of the total contract price. If method of payment of the 10% earnest deposit is made by credit card, there will be a 3% fee charged. The entirety of the remaining balance is due at closing on or before Thirty (30) days from Auction Day. Purchaser will be responsible for all wire transfers. Per the Contract, time is of the essence; you should proceed to closing within Thirty (30) days. Possession shall be given to the successful Buyer(s) at closing, seller will provide deed preparation.<br>
<br>
3. Liquidated Damages: Successful Bidders not executing and returning their Contract with Earnest Money deposit within Forty Eight (48) hours of the conclusion of the auction will be considered in default. If your closing is delayed for any reason, by you, as purchaser, or other parties working on your behalf, including any lender you involve, you may be declared in breach of this contract, forfeit all deposits made and could additionally be liable for any and all costs incurred by Seller and Beckort Auctions, LLC incurred in a subsequent resale of the property. If such action occurs, Beckort Auctions LLC hereby has the right to disperse the deposit as stated in the listing agreement and the buyer has no claims to such money or property being sold. Liquidated damages are to cover cost of auction, cost incurred by seller, labor cost and additional cost of auction as not defined in this agreement. These liquidated damages do not restrict the seller from suing the buyer for performance damages and/or any additional damages the seller suffers by the default of the buyer.<br>
<br>
4. Back-Up Bids: If you are not the successful bidder on the real estate and wish to make a back-up bid in case of default by the high bidder, please see Brian Beckort to receive a Back-Up Bidder Form.<br>
<br>
5. Other Conditions: There are no contingencies to this sale (i.e., financing, appraisal, repairs, or inspections). Therefore, you should be pre-qualified by a lender prior to bidding if you require financing. <br>
Beckort Auctions, LLC reserves the right to remove or cancel the bids and or bidding rights and privileges of any party at any time deemed not to be in the best interest of the seller. The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Beckort Auctions LLC will reject the registration, and bidding activity will be terminated.<br>
All Beckort Auctions, LLC Online Only Real Estate Auctions are timed events that have an auto-extend feature. Any bid placed within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. Example: If an auction scheduled to end at 6:00 p.m. receives a bid at 5:59 p.m., the close time of the auction automatically extends to 6:10 p.m. The auto-extend feature remains active until no further bids are received within the 10 minute time frame.<br>
<br>
6. 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.<br>
A two percent (2% variable) bid price commission, not to include any buyer&#65533;s premium if applicable, is available to properly registered Brokers/Agents. 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>
7. Beckort Auctions LLC Involvement in this Contract: The seller and buyer hereby agree that Beckort Auctions LLC is a part of this contract and shall receive compensation as stated in the agreement hereto or as stated in the listing agreement hereby made a part of.<br>
<br>
8. Restrictions: Real Estate is sold subject to any and all existing matter of record, and all easements, building use or zoning laws and regulations. Taxes and assessments will be pro-rated to the closing date.<br>
<br>
9. Additional Auction Information: All information published, announced or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the seller or the auctioneers. Personal on-site inspection of all property is recommended. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer or deposit money after its opening tender. This includes but is not limited to public information such as easements, restrictions, zoning, right-of-ways, or any other information that can be obtained as public record in the appropriate county court house concerning subject properties. <br>
<br>
<br>
<br>
REVISED 05/06/2013