Name Chatham Arch Custom Residence
Auctioneer Wickliff & Associates Auctioneers, Inc.
Type Online-Only Auction
Date(s) 5/2/2019 - 5/21/2019
bidding online only, ends May 21, 6pm
Preview Date/Time Open Houses- Monday, May 13, 5:30-7pm, and Sunday, May 19, 1-2:30pm, or shown by appointment
Checkout Date/Time Closing to be conducted within 45 days
Location 614 N Park
Indianapolis, IN 46204
Buyer Premium 10% added to all winning bids
Description
Must see!!! This historic commercial property in Chatham Arch (corner of Mass Ave and N. Park St) was converted to a high-end luxury residence, and is convenient to all things downtown Indy. Bid your price!
Auction Terms & Conditions Method of Sale All bidding will be conducted online only, bidding will conclude at 6PM (EDT) on May 21, 2019, bidding link at www.bidwickliff.com. This is a bid confirmation sale; the seller has the right to accept/approve the final bid (seller is motivated to sell!) Buyers Premium: A 10% Buyers Premium will be added to the final bid price to determine actual sale/contract price. Addition of Buyer's Premium does not constitute an agency relationship between buyer and auctioneer/broker. Deposit: $50,000 deposit due from successful bidder, in certified funds or money order. Checks payable to "Wickliff & Associates Auctioneers, Inc.". Failure to enact closing and balance of funds to seller within 45 days of auction results in forfeiture of deposit. Closing, Title and Deed, Taxes: Property is not sold subject to buyer(s) ability to suitable financing or to meet lender's underwriting requirements, nor is sale subject to results of any professional inspection(s) relative to structure or grounds. Property sells "as-is" with full disclosure, with no warranties or guarantees expressed or implied by seller or seller's agent regarding suitability for any use or purpose. Title search and commitment obtained prior to auction date and made available to all prospective bidders/buyers. Buyer will receive an Owner's Title Insurance policy in the amount of the sale price at closing. Seller and buyer will split cash closing fee amount. Taxes will be prorated to day of closing. Possession: Possession at closing Disclosure and Inspection: No environmental studies have been conducted and findings of any such studies completed by purchaser will have no bearing on terms of the sale, and purchaser agrees to hold harmless auctioneers, sellers and sellers agents for findings of such studies. Purchaser makes buying decision based upon his/her own inspections and not upon representations made by others. Auctioneer is a sole agent of the seller. Broker Cooperation: Wickliff & Associates Auctioneers, Inc. offers compensation to any broker who represents the winning bidder at auction, and has properly registered bidder on forms provided by Wickliff. Please contact our office for bidder registration information. Only brokers acting as agents for bonafide bidders are eligible for cooperation. Broker as principal is not eligible for cooperation. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 24.99 2.50 USD
25.00 - 49.00 5.00 USD
49.01 - 99.00 10.00 USD
99.01 - 499.00 25.00 USD
499.01 - 999.00 50.00 USD
999.01 - 1,999.00 100.00 USD
1,999.01 - 4,999.00 250.00 USD
4,999.01 - 9,999.00 500.00 USD
9,999.01 - 49,999.00 1,000.00 USD
49,999.01 - 99,999.00 5,000.00 USD
99,999.01 - 799,999.00 10,000.00 USD
799,999.01 - 9,999,999.99 123.45 USD
Currency USD
Buyer Premium 10% added to all winning bids
Payment Terms
BUYERS PREMIUM SCHEDULE: Buyers Premium for Chatham Arch Real Estate is 10% (10% of winning bid will be added to bid to determine final contract price. Balance of funds due at closing within 45 days See complete terms and conditions and other details at: https://www.bidwickliff.com/auction-detail/?auctionGuid=70fe7ce0-9de1-4c18-88ab-9660c255515e under the 'Documents' tab