AUCTIONEERS/REALTORS
LINCOLN CRUM (812) 987-2830
VINCE HOPPER (812) 734-6048
  
 (Eastern Time)                Register

Great Fixer Upper
Watch this Listing
Listing ID: 111305 
Status: Deleted
2124 E Oak St ~ New Albany, IN Single Family | Urban Residential
Current Bid: $38,000  (No Reserve)
Number of Bids: 17 Bid History
High Bidder: Lyle
Time Remaining
DaysHoursMinutesSeconds
- - - -
 
Bidding Opens: Mar 13, 2009 3:21 PM
Bidding Ends: Apr 04, 2009 12:00 PM  (Eastern)
Starting Bid: $20,000
Contact: Lincoln Crum, Auctioneer
See Terms Below for Bidding Instructions
 
Contact Info Address Info Property Info Pictures Description Bidding History Questions Terms
Files Comparable Sales


Contact Information
Contact Type: Auctioneer
Contact Name: Lincoln Crum, Auctioneer
Agency Name: AuctionsRightNow.com
Contact Phone: 812-987-2830
Showings: Open House - See Description


Address Information
Street Address: 2124 E Oak St
City: New Albany
State/Province: IN
Postal/ZIP Code: 47150
Country: United States
Map:
Click for Expanded Google Map / Directions 

Property Information
Property Type: Single Family
Category: Urban Residential
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 0
Square Footage: 1,176 (Approximate)
Lot Size: 45x125
Basement: No Basement
Parking: Street
Year Built: 1929
Taxes: $331
MLS/FMLS ID:

Picture Gallery

Description

NO RESERVE ABSOLUTE AUCTION!

Great investment opportunity! Lots of Potential!

Two bedroom, 1 bath, living and dining rooms, eat-in kitchen, foyer, large covered front porch, side entrance.  Home has vinyl siding, roof is approximately five (5) years old, new water heater.  HVAC combined exterior unit.  All improvements approximately five (5) years old.
   Small concrete garage located at the rear of the property at the alley.
Call Craig Eberle, Realtor for more information,  812-987-1456 .

OPEN HOUSE INSPECTION TIMES: SUNDAY MARCH 29, 2-4 PM.


Files
File NameDescriptionFile Size
ATT002_Broker Cooperation Form.doc Broker Cooperation Form 135 KB
ATT003_Auction Purchase Agreement.doc Auction Purchase Agreement 60 KB

Comparable Sales
AddressSales PriceSales DateURL / Link
2122 Ekin Avenue, New Albany, IN$40,000 Jan 15, 2009
1930 Spring Street, New Albany, IN$42,000 Apr 11, 2008
2113 Beeler Street, New Albany, IN$47,000 Nov 19, 2008
2125 Reno Avenue, New Albany, IN$49,000 Aug 18, 2008
2517 East Oak Street, New Albany, IN$50,000 Dec 08, 2008
2305 East Market Street, New Albany, IN$55,000 Mar 17, 2008
2515 East Oak Street, New Albany, IN$56,000 Feb 28, 2008
1906 East Oak Street, New Albany, IN $56,000 Jun 25, 2008

Bidding History
BidderBid AmountBid TimestampAuto-Bid
Lyle$38,000 Fri - Apr 03, 2009 01:59:13 PM
panda$37,500 Thu - Mar 26, 2009 07:03:25 PM
johnjablonski$37,000 Thu - Mar 26, 2009 07:03:09 PM Auto-Bid
panda$37,000 Thu - Mar 26, 2009 07:03:09 PM
johnjablonski$36,500 Mon - Mar 23, 2009 09:48:30 AM
panda$36,000 Mon - Mar 23, 2009 09:48:30 AM Auto-Bid
panda$34,500 Mon - Mar 23, 2009 09:47:20 AM Auto-Bid
johnjablonski$34,000 Mon - Mar 23, 2009 09:47:20 AM
panda$30,500 Mon - Mar 23, 2009 09:46:16 AM Auto-Bid
johnjablonski$30,000 Mon - Mar 23, 2009 09:46:16 AM
panda$28,500 Mon - Mar 23, 2009 09:44:09 AM Auto-Bid
johnjablonski$28,000 Mon - Mar 23, 2009 09:44:09 AM
panda$27,500 Mon - Mar 23, 2009 09:43:55 AM Auto-Bid
johnjablonski$27,000 Mon - Mar 23, 2009 09:43:55 AM
panda$24,500 Sat - Mar 21, 2009 06:25:33 PM
johnjablonski$24,000 Sat - Mar 21, 2009 06:25:33 PM Auto-Bid
johnjablonski$20,000 Sat - Mar 21, 2009 10:40:27 AM

Questions
 
Question: What if the property has a title problem will the seller have to fix? or if seller is unable to fix is the buyer requied to buy anyway?
Answer: Good question. The home will be sold with a deed free and clear of all liens or encumbrances. The purchaser will also receive a credit of $250 to be used for purchasing a title insurance policy.

Terms
  1. To bid on our property, you must be of legal age to enter into contract to purchase real estate (18 in most states, 21 in others). If you're in doubt about the legal age to enter into contract in your state, please consult with competent legal counsel before bidding.
  2. Buyers Agent commission of 3% is being offered.
  3. Winning bid is subject to seller approval.
  4. All bids are placed in US Dollars.
  5. If you are outbid by another bidder, you will receive an email notice so you can return and increase your bid if you so desire.
  6. The bidding will be open and everyone will have access to the bid history during the auction.
  7. As the auction nears the ending time it will auto-extend until bidding is silent for 1 minute.
  8. If there is more than one high bid at the same level (a tying bid), the bid first submitted will be honored.
  9. The high bidder will be notified via email after the auction ends.
  10. Seller reserves the right to postpone or cancel this auction at any time for any reason.
  11. Sale is “as-is”, "where-is". Seller will not fix anything.
  12. Within 1 day of auction close, winning bidder will be asked to obtain loan pre-approval or show proof of funds and sign a sales contract at the winning bid amount and based on the terms described here.
  13. Closing will take place at seller's and winning bidder's agreed upon title company within 30 days of signing the contract.
  14. When contract is signed, winning bidder will pay $2,500 earnest money to be held at listing agency escrow account.
  15. Winning bidder may, at their option and expense order a title examination and insurance.
  16. Auction is NOT contingent upon financing, repairs, inspections or any other contingencies, please bid accordingly.
  17. If you are a Realtor and want to register your buyer please fill out the attached broker co-op form and fax to 812-282-7006 attention AuctionsRightNow.com 48 hours prior to the end of auction.  Call Lincoln or Vince if you have any questions. 
Buyer Premium: 10.0%
This fee is added to the winning bid amount and is paid by the Buyer.

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