TERMS AND CONDITIONS

Moore Trust - Real Estate Auction
Phoenix Stables
115 West State Road 38
Pendleton, Indiana

Legal Description
NE 25/18/7 (19.519AC) & NE ADM PLAT 06-221 7.793 AC 7.7930Acres STR: 25187 SECTION: PLAT: IN: OUT:

- The property will be offered for sale via a Public �Online � Bidding Process� (Online Auction) with the bidding ending October 9, 2024 @ 3 pm EDT
- The property will be sold subject to seller�s confirmation (sells with a non-disclosed reserve).
- Property sells As-Is with no warranties expressed or implied
- The auction is Subject to prior sale (the property can be bought prior to the end of the auction)
The list price of $2,345,678.00 is provided solely for internet search filtering purposes. Interested buyers are required to review, agree to and sign the Terms & Conditions of the sale.
- 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 $50,000.00 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 Meridian Title Co. The down payment deposit will be nonrefundable; 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 November 22, 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 Trustee�s 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: Meridian Title Company � 9885 E 116 St. #600 - Fishers, IN 46037
- Closing fee will be paid by the buyer.
- Buyer will pay a $250.00 Broker transaction fee at closing.
- Closing will be held on or before November 22, 2024
- 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. (sample available on website)
- Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due diligence concerning the property. Any and all inspections must be completed prior to your bidding.
Further; Property sells as-is with no warranties expressed or implied
- United Country Coffey Realty & Auction 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: Open House: September 12, 2024 @ 4 pm and September 28, 2024 @ 10 am EDT or call for a private showing.

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 or Cody Coffey at United Country Coffey Realty & Auction (812) 822-3200 office (812) 360-6005 Jimmie Dean�s cell or (812) 360-8383 Cody�s cell.

Phoenix Stables - Premier Equestrian Estate in Pendleton, IN Luxury Living Meets Equestrian Excellence Nestled on 27.31 acres of prime equestrian land, Phoenix Stables offers a unique blend of historic charm and modern equestrian facilities. Located in Pendleton, Indiana, this exquisite property is a haven for horse enthusiasts and those seeking luxurious country living. Originally built in 1879, the Italianate-style main residence has been meticulously maintained and updated, offering 4 bedrooms, 2 bathrooms, and 2,434 sq ft of living space. The estate also includes multiple guest homes, state-of-the-art stables, arenas, and extensive pastures, all designed to provide an unparalleled equestrian lifestyle. Property Features: " Main Residence: o Historic Italianate architecture with modern amenities o Custom kitchen featuring a gas fireplace and high-end appliances o 2,434 sq ft of living space, including 1,433 sq ft on the main level and 1,001 sq ft on the upper level o 4 spacious bedrooms, 2 full bathrooms, and an unfinished basement (1,001 sq ft) offering potential for additional living space o Wrap-around porch providing picturesque views of the surrounding estate " Equestrian Facilities: o Barn 1: A 60' x 80' pole barn, constructed in 2005, featuring 12 horse stalls, a tack room, and ample hay storage. This barn is designed for efficient operations and easy access for both horses and equipment. o Barn 2: A 36' x 48' barn, built in 2008, equipped with 6 stalls and a wash rack. This barn is ideal for grooming and day-to-day care of the horses. o Barn 3: A newly built 60' x 175' indoor riding arena (2023), constructed to IEA standards, never before used. This arena is perfect for year-round training, with ample space for competitive events and practice. o Barn 4: A smaller, multi-purpose barn used for storage of equipment and feed, featuring 4 stalls and a tack room. o Barn 5: A secondary arena and stabling barn, with 3 additional stalls and a trailer storage area, ensuring your horses have the best care and comfort. o Outdoor Arena: A professionally lit outdoor arena, perfect for evening riding sessions and events. o Additional Equestrian Amenities: 21 paddocks, round pen, stable areas, trailer storage, and well-maintained boarding facilities. " Additional Residences: o Guest House 1: A 1,920 sq ft single-story home, perfect for guest accommodations or as a manager's residence. This home includes 2 bedrooms, 1 bathrooms, a spacious living area, and a modern kitchen. o Guest House 2: A cozy 1,008 sq ft single-story cottage, ideal for additional guests or rental income. This residence features 1 bedrooms, 1 bathroom, and an open-concept living space. o Pool House: Complementing the in-ground heated pool, the pool house includes a bathroom and changing area, making it perfect for summer entertaining. " Land and Amenities: o The property is a single, cohesive 27.31-acre estate with gently rolling terrain, level pastures, and scenic views. The land is ideal for both equestrian activities and peaceful rural living. o A private well, septic system, and modern utilities ensure comfortable living with a sustainable lifestyle. " Location: o Minutes from downtown Pendleton and just 45 minutes from Indianapolis o Proximity to Hoosier Park Racing & Casino and other local attractions o Convenient access to major highways, airports, and urban amenities Phoenix Stables is not just a home; it's a lifestyle. Whether you're a professional equestrian, an avid horse lover, or someone seeking a serene and luxurious countryside retreat, this estate has everything you need.