Name TBD Jessup St., Huntington, IN 46750
Auctioneer Ness Bros.
Type Online-Only Auction
Date(s) 9/8/2015 - 10/8/2015
To See Current Bid Amount Click on the Green Button... "Bidding Open" BIDDING STARTS: Thursday, September 10th, 2015 @ 3:00pm BIDDING ENDS: Thursday, Ocotober 8th, 2015 @ 3:00 pm VACANT LAND: Walk property anytime.
Preview Date/Time VACANT LAND: Walk property anytime.
Checkout Date/Time The successful bidder will be required to execute an irrevocable written Agreement to Purchase Improved Real Estate Contract immediately following the close of the auction. Buyer's offer expires 11:59 P.M. (Local time) seven days after the online auction date, unless seller timely accepts it; the earnest money will be returned if Seller does not accept the successful bid.
Location TBD Jessup St
Huntington, IN 46750
Buyer Premium Lot #2-5 = 5% or $2500; Lot #1 = $1,500
ABSOLUTE AUCTION 3.5 Acres +/- Offered in 3 Tracts Tract 1: 88' x 132' lot Tract 2: 180' x 490' irregular lot Tract 3: 150' x 490' lot Bid on Individual Tract - Combination of Tracts - Or as a Whole Unit ------------------------------------------------------------ * THIS IS AN ABSOLUTE AUCTION AND THE PROPERTY WILL SELL EITHER IN INDIVIDUAL, COMBINATION OR AS A WHOLE UNIT, AT WHICH EVERY PRICE WILL YIELD THE HIGHEST OVERALL SELLNG PRICE. PLEASE WATCH YOUR PERSONAL BID IN CONJUNCTION WITH ALL OTHER LOTS BEING SOLD THAT ARE LINKED, IN ORDER TO GET YOUR HIGHEST & BEST BID IN BEFORE CLOSE OF AUCTION. LOT # 1: Tract 1 - Jessup St, Huntington LOT # 2: Tract 2 - Jessup St, Huntington LOT # 3: Tract 3 - Jessup St, Huntington LOT # 4: Combination of Tract 2 & 3 - Jessup St, Huntington LOT # 5: Unit as a Whole - Jessup St, Huntington
Auction Terms & Conditions ONLINE AUCTION NOTICE - BIDDING PROCEDURE BUYER'S ARE TO FOLLOW WITH NO WAIVER ----BIDDERS COPY OF PURCHASE AGREEMENT AND TERMS: All bidders who have registered for the online auction can view copies of the offer to purchase and terms that they will be signing at, on the specific property Auction Detail Page. ----ONLINE REGISTRATION: Registration for this auction (online) finalizes each bidder's agreement to the terms and conditions of sale as stated in the purchase agreement which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. In order to bid on the Real Estate, all Bidders must be signed in through There is no fee to register, but a valid credit card will be required to verify identity. By bidding you are representing to Ness Bros ("Broker" and/or "Auctioneer") and the seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. If you do not agree with any of the terms and conditions stated DO NOT BID or you will be bound by those terms and conditions. By bidding you agree to all disclosures. ----CONDUCT OF THE AUCTION: The seller and selling agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness to bid, financial ability to buy, etc. All decisions of the Auctioneer are final. THE SALE WILL BE CONTROLLED BY THE AUCTIONEER PROGRAM. Ness Bros is not responsible for malfunctions or system errors which cause a bid or bidder to fail to be recognized or registered. If there is a dispute, the Auctioneer may re-open the bidding at the Auctioneer's sole discretion and shall serve as the sole arbiter as to who is or is not allowed to bid. ----BIDDING: Bidding starts at the nominal Opening Bid(s) indicated and is open to all who registered and are approved. The bidding will be open for minimum of 19 days. The auction ends at a predetermined time with an Overtime Period if necessary, which is defined as follows: if a bid is placed within five (5) minutes of the close of bidding, then another five (5) minute period commences from the time of the last bid until no bids are placed within the next five (5) minutes. The last bid shall be made final. ----AGENCY DISCLOSURE & GENERAL OFFICE POLICIES: Ness Bros. Auction Staff and Auctioneers will represent the Seller exclusively unless Ness Bros. Agent has a signed buyer agency agreement with buyer, then that agent has a limited agency with buyer. ----DISCLAIMER & ABSENCE OF WARRANTIES: All information contained online or in the brochure and related material is subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis. No warranty or representation, either expressed or implied, concerning the property, its condition, or the condition of any other components on the property, is made by the Seller or the Auction Company. All sketches and dimensions online or in the brochure are approximate. The information contained online or in the Brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or Ness Bros Auctioneers. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. ---TERMS: 10% down or minimum of $2,500, whichever is greater, within 24 hours of the online auction closing, balance due in full upon delivery of the merchantable title and deed free and clear of all liens and encumbrances except as stated herein and subject to easements or restrictions of record. For Tract 2 or 3 or the whole unit a 5% buyer's premium or minimum $2,500.00 whichever is greater will be added to final bid and included in the total contract price. If Tract 1 is sold separately there will be a Buyer's Premium of $1500. As selling Absolute, the final purchaser or purchasers will be the highest sale amount as individual lots or combinations or as a whole unit sale. ---SPECIAL NOTE: If Tract 1, 2, and 3 are Sold Seperately, Tract 3 Must Be an Adjoining Property Owner. ---TITLE POLICY: A preliminary title policy has been prepared by Meridian Title Co. and they will be preparing the final title policy plus conducting the closing. Seller and Buyer agree to use Meridian Title. ----CONDITIONS: No offer can be accepted that is contingent on financing. The earnest money will be totally forfeited in the event the Seller accepts the successful bidder's purchase agreement in writing and the successful bidder subsequently refuses to proceed to closing. ---EXECUTION OF PURCHASE AGREEMENT: The successful bidder will be required to execute an irrevocable written Agreement to Purchase Improved Real Estate Contract immediately following the close of the auction. Buyer's offer expires 11:59 P.M. (Local time) seven days after the online auction date, unless seller timely accepts it; the earnest money will be returned if Seller does not accept the successful bid. ----TAXES: The real estate taxes shall be prorated. Seller shall pay real estate taxes which are payable during the year in which closing occurs, and taxes payable during the succeeding year, prorated to the date of closing. Buyer shall assume and pay all subsequent taxes. If at the time of closing the tax bill for the Real Estate for the succeeding year has not been issued, taxes payable by either party shall be computed based on the last tax bill available to the closing agent. ----POSSESSION: The possession of the property shall be 15 days after the closing, subject to tenant rights, by 5:00 P.M. ----SURVEY: Buyer for Tracts 2 & 3 will pay for any new survey for any parcel where there is no existing legal description or where new boundaries are created by the tract division at the Auction or if seller determines a new survey if need unless sold together. Seller will furnish only one title policy on any combination of parcels that are purchased as one unit. Tract acreage's are estimated from aerial view. Closing prices shall be adjusted to reflect any differences between advertised and surveyed acres on Tracts 2 & 3. Any offers accepted by the seller herein will be subject to the final approval of the Huntington City Planning Commission. If above conditions are not approved, this agreement shall become null, void & of no force & effect & earnest money shall be refunded to buyers. ----CLOSING: Balance of the purchase price is due in cash at closing, which will take place on or before the thirtieth (30th) day following the Accepted Date. The fee charged by any closing agent, including an attorney acting as a closing agent for both parties, or Buyer's lender acting in such capacity, for closing services shall be paid equally by the parties. Buyer will be responsible for paying a $245.00 administration transaction commission. NOTE: Neither the Seller nor Ness Bros is responsible for any personal property left in the residence and buildings or on the land at time of possession. THANK YOU for your interest in this offering. If you have any questions, please feel free to talk to one of our representatives. STATEMENTS MADE THE DAY OF AUCTION TAKES PRECEDENCE OVER PREVIOUS PRINTED MATERIALS, OR ANY PREVIOUS ORAL STATEMENTS --------------------------------------------------------------------------------------- Sebae Data Solutions, Inc. SERVICE TERMS AND CONDITIONS ACCEPTANCE OF TERMS Sebae Data Solutions, (the makers of Auction Flex & HiBid (formerly Bidopia) hereafter referred to as "Sebae"), provides its service to you, subject to the following Terms & Conditions ("TAC"), which we may update from time to time without notice to you. The most current version of the TAC can be found found at any time by visiting the link: USE AND REGISTRATION Our services are available only to, and may only be used by individuals who can form legally binding contracts under applicable law. Without limiting the foregoing, our services are not available to children (persons under the age of 18) or to temporarily or indefinitely suspended members. If you are under the age of 18, you can use this service only in conjunction with, and under the supervision of your parents or guardians. If you do not qualify, please do not use our service. If you are registering as a business entity, you represent that you have the authority to bind the entity to the TAC. REGISTRATION OBLIGATIONS In consideration of your use of the Service, you agree to: (a) provide true, accurate, current and complete information about yourself as prompted by the Service's registration form (such information being the "Bidder Information") and (b) maintain and promptly update the Registration Data to keep it true, accurate, current and complete. If you provide any information that is untrue, inaccurate, not current or incomplete, or Sebae has reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, Sebae has the right to suspend or terminate your account and refuse any and all current or future use of the Service (or any portion thereof).  DESCRIPTIONS OF SERVICE Sebae provides the following services under the Auction Flex & HiBid trademarks: Integrated Web Service (for auctioneers), internet bidding (absentee, online-only, & webcast). You can learn more about these services in the following sections. HIBID INTERNET AUCTION PLATFORM & WEB SERVICE DESCRIPTION Sebae provides the HiBid (formerly Bidopia) Internet Auction Platform & Web Service ("HWS") under the HiBid trademark as a software solution for auctioneers wishing to extend the audience of their live auctions to the internet. The HWS provides various features including internet absentee bidding, internet-only auctions, and webcast auctions.  The HWS is able to changes its appearance to coincide with the website that it is powering. Accordingly, the HWS powers the website as well as numerous Auction Flex customer websites. This ability to change appearance is a feature of the HWS. Much like internet merchant account providers can host a secure web page for a vendor to easily process payments, the HWS hosts certain portions of the auctioneer's website to easily enable advanced features such as internet bidding.  INTERNET ABSENTEE BIDDING Internet absentee bidding allows you to place a bid for an item in advance of an auction. This allows you to place bids on lots without actually attending the auction. INTERNET-ONLY AUCTIONS Internet only bidding allows you to place a bid for an item prior to the auction lot closing online. In an internet-only auction there is no live auction. WEBCAST AUCTIONS Webcast auctions allow you to bid in real-time against other bidders or place pre-bids prior to a lot going "live". Lots are sold in accordance with the Auctioneer's terms and conditions which are accessible from each lot's page. It is your responsibility to read and accept the Auctioneer's terms and conditions prior to placing your bid. When you place a bid you are agreeing to be bound by the Auctioneer's & Sebae's terms and conditions. By placing a bid you are entering into a legally binding and enforceable contract. Please keep in mind that you are bidding against other internet bidders as well as floor bidders, phone bidders, and regular absentee bidders (this list does not constitute a complete list of bidder types but does highlight the common bidder channels). The auctioneer, at their discretion, can approve or deny bidders. The auctioneer reserves the right to accept or deny bidders for any reason. Prior to approval the auctioneer may contact you to determine your credit worthiness. If the auctioneer approves your bid, the auctioneer will then process your bid in accordance with their terms and conditions. Should your bid for a lot prove successful, the auctioneer may contact you to arrange for payment & shipping (if applicable). If the auctioneer required registration via a credit card, the auctioneer reserves the right to process your winning bids to the credit card provided during registration. Sebae, through the Auction Flex & HiBid products & services, facilitates the internet bidding process between the Auctioneer & the bidder. Sebae is in no way a party to the transaction. Because Sebae is not a party to the transaction, you accept that you will have no claim or cause of action against Sebae in respect of the sale (or non-sale) of any Lot. If you have a dispute with an Auctioneer or another user of the Service with regard to the sale (or non-sale) of any Lot you agree that Sebae, its officers, agents, employees will not be liable for losses (including, but not limited to, loss of profits, special loss, indirect loss and consequential los), costs, damages, liabilities, claims, demands and expenses of any kind arising out of or connected with such dispute. You also accept that none of the aforementioned are under any obligation to take any action to resolve any dispute between you and an Auctioneer Sebae is not responsible for any typographical, pictorial or technical errors in information about Lots on the Site as provided by Auctioneers. Sebae does not evaluate Lots and does not act as a specialist or expert on any related subject matter. Sebae makes no warranties or representation of any kind or nature with respect to Lots (including but not limited to representations or warranties as to the accuracy of description, genuineness, quality, authorship, attribution, provenance, period, culture, source, origin or safety). If you have any questions, e-mail the Auctioneer directly. In particular, make sure that you understand the Auctioneer's payment terms and shipping terms. BIDDING The Service requires you to login with your username and password prior to placing a bid on a Lot. Making bids with false information or with stolen credit card information is prohibited and illegal. Your user name and password are required in order to place internet bids. Making bids in a false name or with an invalid or stolen credit card is prohibited. Each bid carries the computer coding of the Internet provider which allows the individual user to be traced and Sebae may at its discretion release this information to enable legal action to be taken. Sebae may, in its entire discretion, refuse or remove bids where it suspects that bids contravene this prohibition. By placing a bid, you are making a binding and irrevocable offer to purchase the Item at any price up to the maximum bid amount you submit. If you win, you must complete the transaction, subject to any contractual right or other right at law to rescind the contract in certain circumstances. Failure to complete transaction without lawful reason is not only a breach of your contract with the Seller but also a breach of this User Agreement. The amount bid can be increased but cannot be decreased. The auctioneer may, at their discretion, allow you to withdraw and resubmit a bid in the case of bids containing an obvious typographical error. You may forward a request to withdraw a bid and resubmit a correct bid by immediately sending an email to the auctioneer, however, there is no guarantee that any bid will be withdrawn. Although Sebae will use best efforts to forward all bids, Sebae does not accept any responsibility for lost bids or problems with the recipient auctioneer's ability to process your bid. Moreover, Sebae cannot guarantee that bids received will be processed by the individual auctioneers. Please note that Sebae's role is limited to the provision of the Site for dissemination and publication of information provided by the Sellers. THE WINNING BID The winning bid in an auction will be the highest bid that exceeds any reserve (if a reserve exists). In the case of equal bids, the earliest bid received will be the winning bid. If a higher bid is subsequently withdrawn or removed then the auctioneer shall have the right to accept the next highest bid. NOTICE OF END OF SALE, PAYMENT & SHIPPING After the sale has ended, the auctioneer will notify the winning bidder via phone, fax or mail that they have won. If you do not receive notice that you have made the winning bid and think that you are the top bidder, you should check with the auctioneer directly. You will make all payment for Items to the auctioneer in accordance with their terms and conditions. BUYER'S PREMIUM, TAXES AND DUTIES If you are a successful bidder, you are responsible for paying any buyer's premium, taxes and duties (including any VAT, sales tax and import duties) that may be imposed on the final price paid for an Item. Accordingly, it is your responsibility to check the applicable taxes and duties that may be imposed on an Item prior to bidding for it. PRIVACY We do not sell or rent your personal information to third parties for their marketing purposes without your explicit consent and we only use your information as described in the Privacy Policy. 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Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.00 500.00 USD
9,999,999.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Lot #2-5 = 5% or $2500; Lot #1 = $1,500
Payment Terms
10% down or minimum of $2,500, whichever is greater, within 24 hours of the online auction closing, balance due in full upon delivery of the merchantable title and deed free and clear of all liens and encumbrances except as stated herein and subject to easements or restrictions of record. For Tract 2 or 3 or the whole unit a 5% buyer's premium or minimum $2,500.00 whichever is greater will be added to final bid and included in the total contract price. If Tract 1 is sold separately there will be a Buyer's Premium of $1500. As selling Absolute, the final purchaser or purchasers will be the highest sale amount as individual lots or combinations or as a whole unit sale.
This is real estate there is none.