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Bloomington, IN commercial lot for sale, near IU campus

AUCTION
400 W. 17th Street, ,
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Indiana commercial lot for sale in prime location features all city utilities. Bloomington, IN commercial land covers .92 acres and has a clean environmental letter from the Indian Department of Environmental Management. Land for sale near Indiana University Bloomington offers a wide variety of commercial uses including student housing, convenience store or restaurant. Lot zoned for general commercial use can also be developed into apartments per the planning department. Prime corner location is just 7 blocks from IU Memorial Stadium, 12 blocks from downtown shopping and 14 blocks from Bloomington Square. Indiana commercial land offers access to and from I-69 making travel to Lake Monroe, Indianapolis, Indianapolis International Airport and Louisville, Kentucky convenient.

 

Bloomington is the seat of Monroe County known as the gateway to scenic southern Indiana. The region is home to industries including education, life sciences, advanced manufacturing and technology. Inc. Magazine, Entrepreneur Magazine and Forbes Magazine have recognized Bloomington for its thriving business sector.

 

For more information about this Indiana commercial lot for sale contact United Country Real Estate | Coffey Realty & Auction today.       

START: 6/1/2017 3:22 PM   END: 6/29/2017 2:00 PM

AUCTION TYPE: Real Estate

Bid now through Wednesday June 29, 2017 at 2:00pm (soft close)

Indiana commercial lot for sale in prime location features all city utilities. Bloomington, IN commercial land covers .92 acres and has a clean environmental letter from the Indian Department of Environmental Management. Land for sale near Indiana University Bloomington offers a wide variety of commercial uses including student housing, convenience store or restaurant. Lot zoned for general commercial use can also be developed into apartments per the planning department. Prime corner location is just 7 blocks from IU Memorial Stadium, 12 blocks from downtown shopping and 14 blocks from Bloomington Square. Indiana commercial land offers access to and from I-69 making travel to Lake Monroe, Indianapolis, Indianapolis International Airport and Louisville, Kentucky convenient.

Bloomington is the seat of Monroe County known as the gateway to scenic southern Indiana. The region is home to industries including education, life sciences, advanced manufacturing and technology. Inc. Magazine, Entrepreneur Magazine and Forbes Magazine have recognized Bloomington for its thriving business sector.

For more information about this Indiana commercial lot for sale contact United Country Real Estate | Coffey Realty & Auction today.

Call Auctioneer for viewing The viewing of the property will be at the viewer’s own risk the Seller, neither Auctioneer nor the Listing Agency be held responsible for accidents.

PROPERTY FEATURES:

In-town business site for sale
IN commercial land for sale
Indiana commercial lot
Commercial lot near IU campus
Vacant land near Lake Monroe
City lot for commercial use
Indiana development land

AUCTIONEER: Jimmie Dean Coffey

TERMS: Eva M Godsey Trust, Jeffrey R Godsey & Maureen M Garay – Real Estate Auction

400 W. 17th Street – Bloomington, IN
Monroe County – Bloomington Township

Legal Description
013-09000-01 PT SE SE 29-9-1W 0.92A; PLAT 316

· The property will be sold at Public “Online Only – Internet Auction” ending Wednesday – June 29, 2017 at 2:00pm (soft close)
· In the case of a tie bid, precedence is given to the earliest bid
· To be approved as an online bidder a signed copy of the terms and conditions along with a signed bidder’s certification must be received and approved by the auction office.
· The property will be Sold Subject to Court Approval.
· Property sells as-Is with no warranties expressed or implied
· Property included in the sale is the real estate only.
· The auction is Subject to prior sale (the property can be purchased prior to the end of the auction)
· The seller reserves the right to cancel the auction at any time prior to the final bid closing
· Buyers Premium
o An 11% buyer’s premium will be added to the final bid and charged to the buyer, the final bid plus the 11% buyer’s premium will establish the final sales price.
· A $25,000.00 Down payment must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the Sellers payable to John Bethell Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you are prepared to pay cash at closing or have arranged your financing prior to bidding. The balance of the purchase price including the buyer’s premium will be due via a wire transfer to the closing company, on delivery of insurable title on or before July 28, 2017.
o A promissory note will be signed along with the down payment.
· Final closing is NOT contingent upon financing.
· The property will be conveyed by a Warranty Deed
· The seller agrees to furnish buyer(s) with an owner’s policy of Title Insurance Policy at closing.
· Real Estate Taxes: the taxes will be prorated to the day of closing.
· Closing:
o Closing shall take place at the office of: John Bethell Title Company, Inc., 329 S. Walnut St., Bloomington, IN
o Closing fee will be paid by the buyer.
o Closing will be held on or before July 28, 2017
· Possession will be granted on day of final closing.
· The successful Bidder shall execute a “Real Estate Auction Sales Contract” for the property immediately after being declared the Successful Bidder by the Auctioneer.
· Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due diligence concerning the property.
o Further; Property sells as-is with no warranties expressed or implied
· United Country Real Estate | Coffey Realty & Auction along with REMAX, Acclaimed and their representatives are exclusive agents of the Seller.
· Seller: Eva M. Godsey Trust, Jeffrey R. Godsey & Maureen M. Garay
· All announcements made up to the final close of the Auction bidding take precedence over all advertising, oral or printed material.
· All marketing information and PIP materials were gathered from reliable sources and are believed to be correct as of the date they were published; however the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on and are for representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the sellers or auctioneer to update this information.

SALE SITE: Internet Only

VIEWING INSTRUCTIONS: Call Auctioneer for viewing
The viewing of the property will be at the viewer’s own risk the Seller, neither Auctioneer nor the Listing Agency be held responsible for accidents.

For questions call:
United Country Coffey Realty & Auction | Jimmie Dean Coffey (812) 822-3200 office | (812) 287-7016 cell
REMAX Acclaimed Properties | Gary Paine (812) 332-3001 office | (812) 322-1038

Address: 400 W. 17th Street
Area:
State/County:
Zip: 47401
Country: Monroe
Property Id : 138624
Start Date: 6/1/2017 3:22 PM
End Date: 6/29/2017 2:00 PM
Auctioneer : Jimmie Dean Coffey
Listing Number: 13055-70017
Lot Size (AC): 0.92000
Event ID: 72104
Event Type: Real Estate Auction
Office ID: 4481

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