911 LOCUST DR. RICHMOND, IN 47374

JOHN C. WHITED ESTATE TIMED ONLINE ONLY REAL ESTATE AUCTION

 

911 LOCUST DR. RICHMOND, IN 47374

RESERVE/MINIMUM BID OF $100,000

3 BEDROOMS 

1 BATHROOM

2 CAR ATTACHED GARAGE 

988 SQFT 

BUILT IN 1964

LOT SIZE-0.3040 ACRE

METAL ROOF - NEWER

BRICK EXTERIOR 

FOUNDATION-CRAWL

WINDOW TREATMENTS STAY

IMMEDIATE POSSESSION 

FURNISHINGS IN PICTURES AREN’T INCLUDED IN THE SALE

APPLICANCES INCLUDED

• ELECTRIC RANGE 
• REFIGERATOR 
• WASHER/DRYER

UTILITIES

• CITY WATER 
• CITY SEWER
• ELECTRIC- RICHMOND POWER & LIGHT 
• GAS- CENTERPOINT 

TAXES 

• A HALF-$490.00
• A YEAR- $980.00

FINANCING ACCEPTED 

• CASH 
• CONVENTIONAL 
• FHA
• VA

Real Estate: TERMS & CONDITIONS: PLEASE READ CAREFULLY!

By registering and bidding, you agree to follow all of the auction terms and conditions, make payment and take possession of Real Estate bid on.

1. Agreement to Terms

By registering and bidding, you agree to follow all of the auction terms and conditions.

2. Internet & Software Disclaimer

Although the auction company strives to provide the best internet connection and software available, please understand that internet speeds and reliability can vary.
The auction company is not responsible for lost connection or software failure resulting in unaccepted or lost bids.

3. Binding Offer

Any bid placed shall constitute a legally binding and enforceable offer to purchase the subject Real Estate.
Auctioneer reserves the right to reject or cancel any bid placed.

4. Buyer’s Premium & Fees

• A 5% Buyer’s Premium will be charged to the final/winning bid price, payable by the Buyer/Winning Bidder to Ryan Cate Auctions & Real Estate.
• A $117 Broker Compliance Fee will be charged to the Buyer/Winning Bidder at closing.

5. Purchase Agreement

The Winning Bidder will be notified upon close of auction.
Within 24 hours, the Buyer/Winning Bidder must execute a Purchase Agreement and any applicable documents including Addendums, Disclosures, Waivers, Agreements, Clauses, and/or Broker Forms.
These documents are non-negotiable, and time is of the essence.

6. Closing Location

Closing and title work will be completed by Abstracts of Richmond, located at 25 North 8th Street, Richmond, IN 47374.

7. Closing Deadline

The real estate transaction must close within 30 days of the auction close unless otherwise agreed upon by Seller and Buyer/Winning Bidder.

8. Possession

Possession of the real estate will be at closing. 

9. Closing Costs

Closing costs/fees will be split evenly between the Seller and Buyer/Winning Bidder.

10. Tax Proration

Property taxes will be prorated to the day of closing.

11. Financing Costs

Any financing-related costs/fees are the sole responsibility of the Purchaser/Buyer/Winning Bidder.

12. As-Is Sale – No Contingencies

The Property will be sold "AS-IS", with no contingencies including but not limited to financing, insurance, appraisals, surveys, and inspections.
Bidders are encouraged to inspect the property before bidding.

13. Financial Preparation

Bidders are advised to make necessary financial arrangements prior to bidding.

14. Earnest Money Deposit

A non-refundable earnest money deposit equal to 10% of the purchase price/winning bid is due from the Buyer/Winning Bidder within 48 hours of auction close.
This must be paid to the Title Company and held in escrow until closing.
The deposit is non-refundable unless the Seller defaults.

15. Final Payment

The balance of the purchase price is due in cash at closing, via wire transfer or as otherwise required by the Title Company.

16. Property Condition Disclosure

The property is sold in its “AS-IS” condition with all faults and limitations, with no warranties expressed or implied.
Buyer/Winning Bidder is advised to seek legal or professional counsel about purchasing "AS-IS".

17. No Warranty or Representation

The Seller, Auction Company, Real Estate Broker, and their representatives make no warranties or guarantees (express or implied) regarding property condition, zoning, suitability for use, easements, deed restrictions, or availability of permits or utilities.

18. Independent Verification Advised

Any property information provided is believed to be reliable but is not guaranteed.
Buyers are responsible for independently verifying all property information prior to bidding.

19. Agency Disclosure

Better Homes & Gardens First Realty Group and its representatives are exclusive agents for the Seller.

20. Contact Information

Call or Text Ryan Cate with questions or to schedule a showing: 765-960-5708

By clicking “Register” or placing a bid, you confirm that you have read, understood, and agreed to abide by these Terms & Conditions.

911 Locust Dr.
Richmond, Indiana 47374
United States