Sweetwater Lake Property for Sale | Nineveh, Indiana
Online Only Auction
Sweetwater Lake Property for Sale | Nineveh, Indiana

United Country Coffey Realty & Auction

Internet Only Auction
Nineveh, IN 46164
 

Date(s) 5/24/2022 - 6/28/2022

Bid now through Tuesday June 28, 2022 at 6:00pm EDT (soft close)

Past Auction
Online-Only Auction
Shipping Not Available
Catalog
View Catalog (1 Lots)
Bidding Notice:

This is an internet-only auction. All bidding activity will take place online. 11% Buyer's Premium will be added to your bid.

Auction Notice:

A down payment of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to Meridian Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at ... Show More

Auction Information
Name Sweetwater Lake Property for Sale | Nineveh, Indiana
Auctioneer
United Country Coffey Realty & Auction
Type Online-Only Auction
Date(s) 5/24/2022 - 6/28/2022
Auction Date/Time Info
Bid now through Tuesday June 28, 2022 at 6:00pm EDT (soft close)
Preview Date/Time By appointment
Checkout Date/Time The property will be sold at Public "Online Only - Internet Auction", ending Tuesday June 28, 2022 at 6:00pm EST (soft close)
Location
Internet Only Auction
Nineveh, IN 46164
Buyer Premium 11%
Description
Sweetwater Lake Property for Sale | Nineveh, Indiana | Brown County Indiana | 1.37 acres lot Located in a small lake community in south central Indiana, this property includes 1.37± acres on the lake. It backs up to Sweetwater lake in Nineveh, Indiana (Does NOT have lake access) Selling at online auction - Bidding ends June 28, 2022 at 6pm. Bid online now! Sweetwater lake is centrally located in beautiful Brown County Indiana with easy access to Indianapolis, Nashville, Columbus and Franklin Indiana. The lakes are manmade with 125 feet of dams. Sweetwater lake is 3.5 miles long and includes 379 acres and neighboring Cordry lake is 2.5 miles long and includes 259 acres. While both lakes are private, property owners can access both Sweetwater and Cordry regardless of their property location. NOTE: There is a 2 story recreation cabin with a 1 car garage. The cabin has not been occupied for several years and would require considerable renovation and remodel.
TERMS & CONDITIONS "Jump Start" Highest and Best Offer - Rules 7828 Fox Court Nineveh, IN 46164 Legal Description SWEETWATER ADD PLAT 77 LOT OES 311 & OES 312 - The property will be offered via a Public Online - Internet Bidding Platform All bids / offers must be entered prior to Tuesday, June 28, 2022 - 6:00EDT (soft close) - All bidders must submit a current pre-approval letter from their lender or a Bank letter of Proof of Funds to be approved as a bidder. - This property will be sold subject to seller's approval (sells with reserve). - Property sells As-Is with no warranties expressed or implied - This property is Subject to prior sale (the property can be purchased prior to June 28, 2022 6:00pm) All offers must be made and presented to the Listing Broker based on these "Jump Start Bidding Rules" - Buyer's Premium A 11% buyer's premium will be added to the final bid / offer and charged to the buyer, the final bid plus the 11% Buyer's premium will establish the final sales price. Example: " $100,000 (Bid) + $11,000 (BP) = $111,000 (Sale Price) - An Escrow Deposit of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the purchase agreement by the sellers. The Escrow Deposit will be deposited to Meridian Title Co. - 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 will be prorated to the day of closing. - Closing shall take place at the office of: Meridian Title Co. 1675 West Smith Valley Rd. Ste. E4. Greenwood, IN 46142 - Closing fee will be split equal between the buyer & seller. - Closing will be on or before August 12, 2022. - Possession will be at time of final closing. - The successful Bidder shall execute electronically a "Real Estate Purchase Agreement" for the property immediately after being declared the Successful Bidder. - United Country Real Estate and their representatives are exclusive agents of the Seller. - All announcements made up to the final close of the bidding take precedence over all advertising, oral or printed material. - All information was gathered from reliable sources and believed to be correct as of the date all marketing material; however, the seller, Broker or agent do not guarantee any published information about the property. VIEWING OPORTUNITIES: Preview Dates: TBD For questions call or text Jimmie Dean Coffey or Cody Coffey at United Country Real Estate (812) 360-6005 Jimmie Dean's cell or (812) 360-8383 Cody's cell. I do hereby agree to these Highest and Best Rules Buyer's Signature
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 11%
Payment Terms
A down payment of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to Meridian Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before August 12, 2022.
A down payment of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to Meridian Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before August 12, 2022.
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Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.