Highest and Best Offer - Rules

9987 Drakes Ridge Rd.
Bennington, IN 47011

Legal Description
PT 16-3-3 12.023Acres + 3.229Ac

- The property will be offered via a Public Online - Internet Bidding Platform
All bids / offers must be entered prior to Thursday, July 7, 2022 at 6:00pm EDT (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
Everyone is welcome to see the seller provided "inspection report" (downloadable from website).
- This property is Subject to prior sale (the property can be purchased prior to July 7, 2022, 6:00pm)
No posted asking price is or will be given
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 $10,000.00 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 with Dearborn Title Insurance, Inc.
- 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: with Dearborn Title Insurance, Inc.
- Closing fee will be paid by the buyer.
- Buyer estimated closing cost based on a cash transaction;
Search: $175
Cash Closing fee: $200
Owners Policy: $1,500
TIEFF: $5
CPL: $25
Transaction Fee: $40
Recording: $55
- Closing will be within 45 days of accepted & executed purchase agreement
- Possession will be granted on or before August 31, 2022
- 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.

Seller: Ronald G. Kristina M. Martin
VIEWING OPORTUNITIES: Preview Dates: June 12, 2022 - 1:00pm EDT / June 27, 2022 - 6:00pm EDT or by private appointment.

For questions call or text: Cody Coffey or Jimmie Dean Coffey United Country Real Estate (812) 360-8383 Cody's Cell or (812) 360-6005 Jimmie Dean's cell.

Secluded 4,046 square ft two story Country Estate situated on 15.25 acres. The estate includes 4 Bedrooms, 3 Bathrooms, 20x30 Timber Framed Great Room with vaulted ceiling and an 8-foot-wide floor to ceiling wood burning fireplace, spacious exterior porches that extend your living space, a beautiful 2.5-acre stocked lake with a custom Brazilian walnut dock, and a large pole barn with all kinds of amenities. Sellers love: ~ Sunsets - gorgeous sunset views over the lake ~ Seclusion of being far from neighbors. Quiet - minimal road noise and few neighbors allow for all the sights and sounds of nature - it's so peaceful ~ Evenings on the outdoor porches or dock - grilling out, eating dinner, relaxing with a drink, enjoying a campfire, entertaining ~ Family and friends love to come and stay the weekend, provides a home away from home for them. So we get to spend time together and they can relax and get away from bigger city living ~ Hunting and Fishing ~ ATV Riding - The State of Indiana allows ATVs to be registered and then the can legally be driven on county roads. ATV rides to spend time together or go out for ice cream is so much fun ~ Kroger delivers groceries to our front door for $6.95 ~ Fairview Grocery is a small general store right up the road where you can easily grab essentials - bread, milk, lunchmeat, and they have hot lunches ~ "Hair Salon Pizza" Uptown Pizza is 20 minutes away in East Enterprise and has great pizza!! Uptown Pizza shares a building with a hair salon, our nieces and nephews look forward to "Hair Salon Pizza" every time they come out for a weekend visit ~ Vevay is 15-20 minutes away - small town amenities and great people: small grocery, CVS, gas station. Great little coffee shop called Swiss Perks, boutique shops, and restaurants - we love The Kooky Kokonut and Tequilas Mexican. In addition, the Switzerland County YMCA is located there with full workout facility, walking paths, indoor track, and indoor swimming pool. If you like wine the Swiss Wine Festival is an outdoor celebration in August each year. This is also where the Middle School and High School is located. ~ 30 Minutes to I-71 across the Markland dam, between Cincinnati and Louisville. ~ 30 Minutes to Madison, 35-40 to Aurora and Lawrenceburg; these are larger cities with more to do and a wider variety of options for restaurants, stores, movie theaters, etc. ~ Centrally located - Proximity to 3 major cities - 1 hr to Cincinnati, 1/1.5 hrs to Louisville, 2 hrs to Indianapolis