12.246 + or – acres: Zoned OC outdoor commercial and M2 Multi Family Residential. located in Section 1, Wayne County Township, Richmond, IN. Wayne County IN South 52nd St. is access to the property, located just south of Whitewater Ave. When viewing the lot on bidschmid.com click on documents to view uses for OC and M2.
No Reserve 12.246 Acre Online Only Auction (Commercial Property)
S. 52nd St. Richmond Indiana 47374
Starts Closing November Mon. 3rd 1:00PM Eastern Time (Indiana Time)
12.246 + or – acres: Zoned OC outdoor commercial and M2 Multi Family Residential. located in Section 1, Wayne County Township, Richmond, IN. Wayne County IN South 52nd St. is access to the property, located just south of Whitewater Ave. When viewing the lot on bidschmid.com click on documents to view uses for OC and M2.
Seller: SI RESOURCES, LLC
Subject to all easements, rights of way, covenants, ordinances, and restrictions of record. More commonly known as: Bare Ground South of Whitewater Avenue and S. 52nd St, Richmond Indiana 47374
Rights: All the Seller’s mineral, oil, and gas rights, if any, will transfer without warranty of title or title evidence.
Absolute Auction: Property sells with no reserve.
Bidding Method: By the acre. Final purchase price will equal the high bid multiplied by the total acres 12.246 Purchase agreements will reflect the total tract price (not per-acre price). FINAL BID IS MULTIPLIED X 12.246 FOR THE TOTAL TRAT PRICE.
Bidding Increments: $25.00 per acre.
Extended Bidding: Any bid placed within the final 3 minutes will extend bidding by 3 minutes.
Down Payment & Closing: 10% of the total purchase price is due on auction day. The remaining balance is due at closing, approximately 40 days following the auction. Down payment is held in escrow with the title company.
Purchase Agreement: Successful bidders must sign purchase agreements on Tues. November 4th in person or via DocuSign).
Condition: Real estate sells “As Is.” Buyers are encouraged to conduct independent inspections and due diligence. Maps, brochures, and field markers are approximate and for guidance only.
Announcements: Auction day announcements take precedence over printed materials.
Liability: Schmid Auction is not responsible for accidents.
S. 52nd St. , Richmond, Indiana 47374
NO RESERVE ONLINE ONLY AUCTION
ZERO BUYER PREMIUM
12.246 + OR - ACRES
ZONED M2 MULTI FAMILY RESIDENTIAL and CO Commercial Outdoors
When there is a bid with less than 3 minutes left 3 minutes will be added to the auction!
When there is a bid with less than 3 minutes left 3 minutes will be added to the auction!
Subject to all easements, rights of way, covenants, ordinances, and restrictions of record. More commonly known as: Bare Ground South of Whitewater Avenue and S. 52nd St, Richmond Indiana 47374
FINAL BID MULTIPLIED X 12.246
Rights: All of the Seller’s mineral, oil, and gas rights, if any, will transfer without warranty of title or title evidence.
Absolute Auction: Property sells with no reserve.
Bidding Method: By the acre. Final purchase price will equal the high bid multiplied by the total acres 12.246 Purchase agreements will reflect the total tract price (not per-acre price).
Bidding will be by the acre. An acre price will not be put in the purchase agreement. A total tract price will be put in the purchase agreement, and it will not change for any reason including future surveys.
Bidding Increments: $25.00 per acre.
Extended Bidding: Any bid placed within the final 3 minutes will extend bidding by 3 minutes.
Down Payment & Closing: 10% of the total purchase price is due on auction day. The remaining balance is due at closing, approximately 40 days following the auction. Down payment is held in escrow with the title company.
Purchase Agreement: Successful bidders must sign purchase agreements on Tues. November 4th person or via Docusign).
Condition: Real estate sells “As Is.” Buyers are encouraged to conduct independent inspections and due diligence. Maps, brochures, and field markers are approximate and for guidance only.
Announcements: Auction day announcements take precedence over printed materials.
Liability: Schmid Auction is not responsible for accidents.
Richmond, Indiana 47374
United States
Auction Documents:
