Your Commercial and Industrial Auctioneer!

Your Commercial and Industrial Auctioneer!

RIVER FRONTAGE & VACANT LAND ONLINE ONLY AUCTION

by Beckort Auctions, LLC

When

Jul 24, 2018 - BIDDING ENDS 6:30 PM! Eastern

Where

Estate of Betty L. Seacat
Marengo & Milltown, IN

How

Online Only Auction

Notes

Tract #1: (E. Daughtery Lane, Milltown) a one acre wooded lot with frontage on Blue River. Tract #2: (SR 66, Marengo) 4 +/- wooded acres with frontage on SR 66.

Inspection: vacant land, view anytime!

Share this Auction

Conducted By

Beckort Auctions, LLC

115 E. Chestnut St.
Corydon, IN 47112

812-738-9476

http://www.beckortauctions.com

Auction Listing

.

CRAWFORD CO REAL ESTATE AUCTION

2 TRACTS-MILLTOWN & MARENGO

 BLUE RIVER FRONTAGE

 4 +/- AC WOODED ACRES ON IN-66

ONLINE ONLY-BIDDING ENDS JULY 24

CLICK ON “VIEW DOCUMENTS” ABOVE FOR AERIALS, TAX INFO, ETC.

TRACT #1 INFO (East Daughtery Lane, Milltown): Includes a 1.0 +/- acre wooded lot on Blue River with 200+/- ft of river frontage. Includes an early hand-hewn log cabin from the early 1800’s-cabin is in very poor condition. Hard to find river frontage, excellent weekend getaway location! Legal Description: Pt Sw 26-1-2e. Parcel ID: 13-04-26-402-001.000-013. Taxes: $172.00/per installment (based on current owner exemptions).

TRACT #1 CABIN HISTORY: Hand-hewn log cabin was built in approximately 1806 on Cider Fork on Whiskey Run Creek in Whiskey Run Township, northeast of Marengo. Built by Thomas Stroud who was the first permanent settler in Crawford County. It was moved to its current location in 1968 by the Seacat Family.

TRACT #2 INFO (IN-66, Marengo): Includes a 4.0 +/- AC wooded lot with 425+/- ft of road frontage on State Rd 66. Ideal for hunting or development. Legal Description: Pt Ne Se 12-2-1e 4AC. Parcel ID: 13-07-12-407-001.000-006. Taxes: $63.95/per installment (based on current owner exemptions).

INSPECTION: Vacant land, view anytime.

POSSESSION/CLOSING INFO: Possession at closing, seller to provide deed prep only at closing.

GAS/OIL/MINERAL RIGHTS: Includes sellers’ interest in gas/oil/mineral rights.

TRACT #1 DIRECTIONS: From Milltown, north in IN-66 3.1miles, then right on E Daughtery Lane approx. 0.7 miles to site. (NOTE: look for signs)

TRACT #2 DIRECTIONS: From Marengo, south on IN-66 approx. one mile. (NOTE: look for signs-located just south of the IN-66 & N Hardy Rd intersection)

ESTATE ATTORNEY: Harold E. Dillman

OWNER: Estate of Betty L. Seacat & Karen E. Seacat


Exhibit A Beckort Auctions Real Estate On-Line Only Auction

Terms and Conditions of Online Only Reserve Real Estate Auction

1. Conditions of Sale: This online only auction is selling subject to owner’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 “as-is”, “where-is”, 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.
2. Closing: A Buyer’s Premium of 10% 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. The down payment may be made in the form of cash, cashier’s check, personal check, or corporate check. 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.
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.
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.
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.
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.
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.
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.
A two percent (2% variable) bid price commission, not to include any buyer’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.
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.
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.
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.
10. Technical Issues: In the event there are technical difficulties related to the server, software, internet or any other online auction-related technologies, Beckort Auctions, LLC reserves the right to extend bidding, continue the bidding or close the bidding. Neither the company providing the software, nor Beckort Auctions, LLC, shall be held responsible for the failure of the software to function properly for any reason.
REVISED 05/21/2013
VIEW MAP
TRACT #1 - From Milltown west on Hwy 64 0.5 miles, turn right on Hwy 66 3.1 miles, turn right on E Daughtery Ln to site. TRACT #2 – From Milltown west on Hwy 64 3.2 miles to site on right.
Watch for signs!