Bedford Development, LLC - Real Estate Auction

Bedford Development Minor Subdivision Plat
Bedford, Indiana 47421

LEGAL DESCRIPTION:
Tract 1 - (5.11 Acres �) Part of the NW �, SEC. 15, T5N, R1W - City of Bedford, IN
Tract 2 - (2.99 Acres �) Part of the NW �, SEC. 15, T5N, R1W - City of Bedford, IN
Tract 3 - (5.66 Acres �) Part of the NW �, SEC. 15, T5N, R1W - City of Bedford, IN

-The property will be sold at Public "Online - Internet Auction", ending Wednesday, Dec. 20, 2023 @ 2:00pm ET
The property will be sold subject to seller's confirmation (sells with reserve).
-Property sells As-Is with no warranties expressed or implied
-The auction is Subject to prior sale (the property can be purchased prior to the end of the auction)
-The seller reserves the right to cancel the auction at any time prior to the final bid closing
-Buyer's Premium
A 10% buyer's premium will be added to the final bid and charged to the buyer, the final bid plus the 10% Buyer's premium will establish the final sales price.
A down payment of $10,000.00 (Per Lot) must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to Classic Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before February 9, 2024
A promissory note will be signed along with the down payment.
-Final closing is NOT contingent upon financing.
-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: the taxes will be prorated to the day of closing.
-Closing:
Closing shall take place at the office of: Classic Title - 1526 I St. Bedford, IN 47421
Closing fee will be paid by the buyer.
Closing will be held on or before February 9, 2024
-A $250.00 Broker Admin fee will be paid by the buyer of each tract at closing
-Possession will be granted at final closing.
-The successful Bidder shall execute electronically an "Auction Real Estate Sales Contract" for the property immediately after being declared the Successful Bidder by the Auctioneer.
-Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due diligence concerning the property.
Further; Property sells as-is with no warranties expressed or implied
-JDC Group, INC dba United Country Coffey Realty & Auction and Tim Ellis Realtors & Auctioneers and their representatives are exclusive agents of the Seller.
-All announcements made up to the final close of the Auction bidding take precedence over all advertising, oral or printed material.
-All information was gathered from reliable sources and is believed to be correct as of the date this brochure is published; however, the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on ad are for representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the sellers or auctioneer to update this information.

SALE SITE: Internet Only

VIEWING INSTRUCTIONS: By Appointment

The viewing of the property will be at the viewer's own risk. The Seller, Auctioneer nor the Listing Agency may not be held responsible for accidents.

For questions call or text Jimmie Dean Coffey (812) 360-6005, Tim Ellis (812) 322-3514 or Cody Coffey (812) 360-8383 or at United Country Coffey Realty & Auction / Tim Ellis Realtors & Auctioneers, Inc. (812) 822-3200 office

Prime Commercial Land Auction Opportunity in Bedford, Indiana Discover an exceptional opportunity in the heart of Bedford, Indiana! Located on John A. Williams Blvd, just east of Hwy 37, this prime commercial land is positioned in a busy retail and dining hub. Situated next to Aldi and across from Walmart, and surrounded by various thriving businesses, this property offers unrivaled visibility and access. With a total of 13.76 acres available, divided into three tracts, this auction presents a rare chance for entrepreneurs and investors to secure their foothold in this dynamic market. Tract 1: 5.11 Acres Tract 2: 2.99 Acres Tract 3: 5.66 Acres Auction Details: Don't miss out on this incredible opportunity! Our online-only auction will be live until December 20, 2023, at 2:00 PM. Act now to make this prime commercial land yours and capitalize on the thriving Bedford, Indiana market. Bedford, Indiana Commercial Land for Sale: Nestled in the heart of Lawrence County, Bedford is a vibrant and growing city with a rich history. Known for its limestone heritage, the city boasts a diverse economy and a welcoming community. With a population of approximately 13,000 residents, Bedford offers a mix of small-town charm and modern conveniences. Lawrence County, of which Bedford is the county seat, is a picturesque region characterized by rolling hills, forests, and scenic beauty. This area is renowned for its limestone quarries, making it a hub for the construction and building materials industry. Lawrence County is home to approximately 45,000 residents and is known for its strong sense of community and economic diversity. Opportunity Awaits in Lawrence County: Positioned at the heart of a thriving retail and dining area in Bedford, these commercial land tracts provide an ideal canvas for your business aspirations. Act now and seize the opportunity to establish your presence in Bedford, Indiana, and Lawrence County. For more information and to participate in the auction, please contact us today. Jimmie Dean Coffey - 812.822.3200 or Tim Ellis - 812-322-3514. Don't miss your chance to be a part of this thriving community! LEGAL DESCRIPTION: Tract 1 - (5.11 Acres �) Part of the NW �, SEC. 15, T5N, R1W - City of Bedford, IN Tract 2 - (2.99 Acres �) Part of the NW �, SEC. 15, T5N, R1W - City of Bedford, IN Tract 3 - (5.66 Acres �) Part of the NW �, SEC. 15, T5N, R1W - City of Bedford, IN -The property will be sold at Public "Online - Internet Auction", ending Wednesday, Dec. 20, 2023 @ 2:00pm ET