Online Only Auction
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Date(s)
8/10/2023 - 9/28/2023
Bidding Notice:

All bidders must register through this online bidding website and contact auction company for approval to bid. By registering, you are acknowledging and accepting all buyer terms for this real estate auction. Call 812-320-0130 to speak with the auction company.


Information
Lot # 2
Group - Category Real Estate - Residential
Lead Real Estate: 518 S. Park Ave, Bloomington, IN
Description
(Note: see 3 Videos & 100 photos) This real estate is now open for bidding 24 hours a day & ending on Thursday, September 28, 2023 @ 10am EST (soft close). Note: this is a reserve price real estate auction with online bidding only (pre-auction day offers considered). Bidding is now open & ending on Thursday, September 28, 2023 @ 10 am EST (soft close) Auctioneer's Note: We are offering via this Online Only Public Auction the below mentioned real estate (no onsite bidding). Please contact us for info 812-320-0130. Pre-auction day offers considered. Bid at the below link to our online listing catalog: http://kennyblandauctions.hibid.com/auctions/current Property Address: 518 S. Park Ave, Bloomington, IN 47401 (Parcel #: 53-08-04-108-020.000-009) Currently a 3 BR, 1.5 Baths, 1920's two story home over full basement (full basement could be remodeled with a bath), 1,638 square feet over 810 square feet basement, property has a large side yard as well, taxes $5,258 per year (will be prorated to day of final closing). This home has been in the same family for over 20+ years with the last several being a rental. Currently rented through Aug 1, 2024 for $1,725 per month (new buyer must honor this lease until Aug. 1, 2024). Damage deposit of $1,650 will be forwarded to new buyer as well. Some of the Recent Upgrades: *New roof 2017 *Updated kitchen walls, counter and backsplash-2018 *New stove and fridge-2018 *Dining room-new drywall and floor in closet -2018 *New clothes dryer-2021 *Half Bath -updated floor, sink, vanity, toilet, light fixtures, drywall-2018 *Full Bath-updated shower, floor, vanity, sink, toilet, light fixtures -2018 *Refinished wood floor in entry-2018 *New floor in upstairs hallway-2018 *New shelf and sink upstairs sitting room(off medium bedroom). **Low opening bid price. A fantastic opportunity to buy real estate at auction and a great investment. **Note: The final bid price must be approved or denied by the owner/representative on auction day (sells with reserve price). Contact auctioneer with pre-auction day offers 812-320-0130. Terms: Real Estate sells as-is, where-is, and is NOT contingent upon financing by the buyer. 10% Nonrefundable down money of the purchase price on the auction day, Down Money payment by cash or certified funds or bank wire, 10% Buyer Premium will be added to the final bid price (the hi-bid price + buyer premium = total purchase price of the real estate). Closing to occur at closing company of Owner's choice on an accepted offer. Guaranteed clear title free of any debt at closing to the buyer. Final bid price must be approved or denied by owner/representative on the auction day (sells with reserve price). Please call with questions about this property 812-320-0130. Pre-auction day offers considered.
Name Thurs, Sept. 28 Online Real Estate: 518 S. Park Ave, Blgtn
Auctioneer
Type Online-Only Auction
Date(s) 8/10/2023 - 9/28/2023
Auction Date/Time Info
This real estate is now open for bidding 24 hours a day & ending on Thursday, September 28, 2023 @ 10am EST (soft close). Note: this is a reserve price real estate auction with online bidding only (pre-auction day offers considered).
Preview Date/Time Contact auction company 812-320-0130.
Checkout Date/Time Terms: Real Estate sells as-is, where-is, and is NOT contingent upon financing by the buyer. 10% Nonrefundable down money of the purchase price on the auction day, Down Money payment by cash or certified funds or bank wire, 10% Buyer Premium will be added to the final bid price (the hi-bid price + buyer premium = total purchase price of the real estate). Closing to occur at closing company of Owner's choice on an accepted offer. Closing to occur in approx. 30 days or less with guaranteed clear title free of any debt at closing to the buyer.
Location
Buyer Premium 10% Buyers Premium on Real Estate
Description
Bidding is now open & ending on Thursday, September 28, 2023 @ 10 am EST (soft close) Auctioneer's Note: We are offering via this Online Only Public Auction the below mentioned real estate (no onsite bidding). Please contact us for info 812-320-0130. Pre-auction day offers considered. Bid at the below link to our online listing catalog: http://kennyblandauctions.hibid.com/auctions/current Property Address: 518 S. Park Ave, Bloomington, IN 47401 (Parcel #: 53-08-04-108-020.000-009) Currently a 3 BR, 1.5 Baths, 1920's two story home over full basement (full basement could be remodeled with a bath), 1,638 square feet over 810 square feet basement, property has a large side yard as well, taxes $5,258 per year (will be prorated to day of final closing). This home has been in the same family for over 20+ years with the last several being a rental. Currently rented through Aug 1, 2024 for $1,725 per month (new buyer must honor this lease until Aug. 1, 2024). Damage deposit of $1,650 will be forwarded to new buyer as well. Some of the Recent Upgrades: *New roof 2017 *Updated kitchen walls, counter and backsplash-2018 *New stove and fridge-2018 *Dining room-new drywall and floor in closet -2018 *New clothes dryer-2021 *Half Bath -updated floor, sink, vanity, toilet, light fixtures, drywall-2018 *Full Bath-updated shower, floor, vanity, sink, toilet, light fixtures -2018 *Refinished wood floor in entry-2018 *New floor in upstairs hallway-2018 *New shelf and sink upstairs sitting room(off medium bedroom) **Low opening bid price. A fantastic opportunity to buy real estate at auction and a great investment. **Note: The final bid price must be approved or denied by the owner/representative on auction day (sells with reserve price). Contact auctioneer with pre-auction day offers 812-320-0130. Terms: Real Estate sells as-is, where-is, and is NOT contingent upon financing by the buyer. 10% Nonrefundable down money of the purchase price on the auction day, Down Money payment by cash or certified funds or bank wire, 10% Buyer Premium will be added to the final bid price (the hi-bid price + buyer premium = total purchase price of the real estate). Closing to occur at closing company of Owner's choice on an accepted offer. Guaranteed clear title free of any debt at closing to the buyer. Final bid price must be approved or denied by owner/representative on the auction day (sells with reserve price). Please call with questions about this property 812-320-0130. Pre-auction day offers considered.
This is an Online Bidding Only auction format. Terms: Real Estate sells as-is, where-is, and is NOT contingent upon financing by the buyer. 10% Nonrefundable down money of the purchase price on the auction day, Down Money payment by cash or certified funds or bank wire, 10% Buyer Premium will be added to the final bid price (the hi-bid price + buyer premium = total purchase price of the real estate). Closing to occur at closing company of Owner's choice on an accepted offer. Closing to occur in approx. 30 days or less with guaranteed clear title free of any debt at closing to the buyer.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 49.99 2.50 USD
50.00 - 149.99 5.00 USD
150.00 - 999.99 10.00 USD
1,000.00 - 4,999.99 25.00 USD
5,000.00 - 9,999.00 50.00 USD
9,999.01 - 29,999.00 100.00 USD
29,999.01 - 97,500.00 250.00 USD
97,500.01 - 499,999.00 1,000.00 USD
499,999.01 - 999,999.00 2,500.00 USD
999,999.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Buyers Premium on Real Estate
Payment Terms
This is an Online Bidding Only auction format. Terms: Real Estate sells as-is, where-is, and is NOT contingent upon financing by the buyer. 10% Nonrefundable down money of the purchase price on the auction day, Down Money payment by cash or certified funds or bank wire, 10% Buyer Premium will be added to the final bid price (the hi-bid price + buyer premium = total purchase price of the real estate). Closing to occur at closing company of Owner's choice on an accepted offer. Closing to occur in approx. 30 days or less with guaranteed clear title free of any debt at closing to the buyer.
Real Estate Auction.