4 BED 1 BATH HOME W/ DETACHED 1 CAR GARAGE

Online Only Auction

Sohn & Associates Ltd

1624 Fountain Avenue

Evansville, IN 47710

Date(s) 12/2/2024 - 1/10/2025

Bidding Ends: FRIDAY JANUARY 10th at 6:00 PM (Soft Close)

Bidding Open

Online-Only Auction

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Auction Information

Name	4 BED 1 BATH HOME W/ DETACHED 1 CAR GARAGE
Auctioneer	Sohn & Associates Ltd
Type	Online-Only Auction
Date(s)	12/2/2024 - 1/10/2025
Auction Date/Time Info	Bidding Ends: FRIDAY JANUARY 10th at 6:00 PM (Soft Close)
Preview Date/Time	Preview: FRIDAY JANUARY 3RD from 12 NOON - 2 PM Property Location: 1624 FOUNTAIN AVENUE EVANSVILLE, IN 47710; From the Lloyd Expressway, go North on Fulton Ave to Left on Fountain (Corner of Grove St)
Checkout Date/Time	The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement. At this time, a 5% down payment will also be required. This deposit may be in the form of a personal or business check.
Location	1624 Fountain Avenue Evansville, IN 47710
Buyer Premium	NO BUYER'S PREMIUM!
Description	ONLINE ONLY REAL ESTATE AUCTION 4 BED, 1 BATH HOME with DETACHED 1 CAR GARAGE Property Location: 1624 FOUNTAIN AVENUE EVANSVILLE, IN 47710; From the Lloyd Expressway, go North on Fulton Ave to Left on Fountain (Corner of Grove St) Bidding Ends: FRIDAY JANUARY 10th at 6:00 PM (Soft Close) Bidding Link: www.SohnAndAssociates.HiBid.com - 1,172+/- Square Feet of Living Space! - Covered Porch and Half Basement! - Corner Lot with Detached Garage! - Guaranteed Good Clear Title! - Up to 60 Days to Close! - No Buyer's Premium! - Fantastic Opportunity for End User or Investor! This cute home was built in 1924 and would be perfect for the investor or end user. It offers approximately 800 square feet of living space on the main level. This includes a living room, kitchen, two bedrooms, and a full bath. There is a finished walk-up attic with two more nice sized bedrooms totaling approximately 372 more square feet. Other features and amenities include a half unfinished basement, large covered front porch, a 20'x22' detached garage, concrete patio and more. The property is currently leased through December for $500 Per Month. Please make your plans now to bid your price on this home! Approximate Rm Sizes: Living Rm 14.6x14.5; Kitchen 18.4x15; Bedroom 13.9x8.4; Bedroom 10.7x8.6; Upstairs Bedrooms 18.4x13.9 & 13.4x9 Parcel #: 82-05-24-028-032.001-029 Brief Legal: SPRINGDALE PT LOT 13 BLK 2 & PT VAC FOUNTAIN AVE Schools: Cedar Hall K-8; Central High School Lot Size: 32x154 Zoning: M-3 Industrial Approximate 2024 Pay 2035 Taxes: $500.26 Per Year w/ No Exemptions Preview: FRIDAY JANUARY 3RD from 12 NOON - 2 PM; or Call for Appointment. Please read all Terms & Conditions online before bidding. If you have any questions or do not wish to bid online, please call us, and we will be happy to assist! Terms: No Buyer's Premium will be charged. The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement and submit a 5% deposit. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days. While this does give you plenty of time to complete any financing that you may be considering, the sale is not subject to financing. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the Spring 2025 installment. The property is selling on an AS IS basis and subject to Seller approval. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. Sohn & Associates, Ltd and its representatives are agents of the seller. Seller: Bruce Houghton Auctioneer: Trent Sohn #AU19700067; AC#30000226 Auction Id: 1989

Terms and Conditions

NO BUYER'S PREMIUM WILL BE CHARGED. The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement. This contract is posted on the website for your review. At this time, a 5% down payment will also be required. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the SPRING 2025 installment.. The property is selling on an AS IS basis and subject to seller approval. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. Sohn & Associates, Ltd and its representatives are agents of the seller. NOTE: Unless noted as "ABSOLUTE" all auctions are with RESERVE and/or SUBJECT TO SELLER APPROVAL The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as the person's credentials, fitness, etc. All decisions of the Auctioneer are final. Please note, anyone participating in this auction is personally responsible for any bids placed on the auction site, whether bidding on behalf of their personal account or on behalf of a corporation or other third party. If you are bidding on behalf of a third party, you are responsible for obtaining the necessary documentation authorizing you to bid on behalf of the third party. Sohn & Associates, Ltd will look to the herein registered bidder for performance on any bid placed on this auction if you are the successful high bidder. If a technical problem occurs and you are not able to place your bid during the auction, Sohn & Associates Ltd, its affiliates, partners and vendors will not be held liable or responsible for any claim of loss, whether actual or potential, as a result of the technical failure. A "Soft Close" will be utilized for this auction. A Soft Close ending means that if a bid is placed in the last minutes, the bidding will be extended. This gives other interested bidders time to raise their bid before the lot closes.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 9,999,999.99	500.00 USD

Payment Information

Currency	USD
Buyer Premium	NO BUYER'S PREMIUM!
Payment Terms	NO BUYER'S PREMIUM WILL BE CHARGED. The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement. This contract is posted on the website for your review. At this time, a 5% down payment will also be required. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 60 days. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the SPRING 2025 installment.. Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as the person's credentials, fitness, etc. All decisions of the Auctioneer are final. Please note, anyone participating in this auction is personally responsible for any bids placed on the auction site, whether bidding on behalf of their personal account or on behalf of a corporation or other third party. If you are bidding on behalf of a third party, you are responsible for obtaining the necessary documentation authorizing you to bid on behalf of the third party. Sohn & Associates, Ltd will look to the herein registered bidder for performance on any bid placed on this auction if you are the successful high bidder.

Shipping / Pick Up

The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement. At this time, a 5% down payment will also be required. This deposit may be in the form of cash, cashier's check, personal or corporate check. The balance will be due & payable at closing within 60 days. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the SPRING 2025 installment.