TERMS (Please read complete terms & conditions online prior to bidding)

A 5% Buyer's Premium will be added to your winning bid to determine the final Contract Selling Price. The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement and submit a 5% deposit. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 45 days. While this does give you plenty of time to complete any financing that you may be considering, the sale is not subject to financing. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the Spring 2023 installment. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. Sohn & Associates, Ltd and its representatives are agents of the seller.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on "AS-IS, WHERE-IS" basis. No warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Sellers or the Auction Company.

Please note, anyone participating in this auction is personally responsible for any bids placed on the auction site, whether bidding on behalf of their personal account or on behalf of a corporation or other third party. If you are bidding on behalf of a third party, you are responsible for obtaining the necessary documentation authorizing you to bid on behalf of the third party. Sohn & Associates, Ltd will look to the herein registered bidder for performance on any bid placed on this auction if you are the successful high bidder.

If a technical problem occurs and you are not able to place your bid during the auction, Sohn & Associates Ltd, its affiliates, partners and vendors will not be held liable or responsible for any claim of loss, whether actual or potential, as a result of the technical failure.

A two minute "Soft Close" will be utilized for this auction. A Soft Close ending means that if a bid is placed in the last two minutes, the bidding will be extended. This gives other interested bidders time to raise their bid before the lot closes.

Sohn & Associates, Ltd and its representatives are agents of the seller.

ONLINE ONLY "ABSOLUTE" REAL ESTATE AUCTION 2 BEDROOM, 1 BATH WEST-SIDE HOME in MT VERNON, IN Property Location: 1040 MILL ST in MT VERNON, IN 47620; From the square in Mt Vernon, go North on Main St, to Left on Brown St to Left on Mill. Bidding Ends: THURSDAY MARCH 23rd at 6:00 PM (Soft Close) Bidding Link: www.SohnAndAssociates.HiBid.com - Convenient Posey County Location - Seconds Away from Posey County Courthouse - Zoned M-1 Light Manufacturing - Great Investment Opportunity - Guaranteed Good Clear Title - Up to 45 Days to Close - Selling "ABSOLUTE" to Highest Bidder Without Reserve! Built in 1930, this one-story ranch home offers approximately 667 square feet of living space. This includes two bedrooms and one full bath. While it will require substantial remodeling and repairs, it offers an outstanding opportunity for both the investor and end user! The M-1 Light Manufacturing Zoning also opens more possibilities for this property! Please make your plans now to bid your price as it is selling "ABSOLUTE" to the highest bidder without reserve! Approximate Rm Sizes: Living Rm 18.7x8.7; Dining Rm 12.2x9.10; Kitchen 11.7x7.10; Bedroom 9.3x9.11; Bedroom 8.10x7.6 Parcel #: 65-27-05-342-009.000-018 Brief Legal: BROWNS PT LOT 4 Schools: West Elementary; Mt. Vernon Jr & Sr High Schools Lot Size: 44x50 or 0.0510 Acre Zoning: M-1 Manufacturing Light Approximate 2021 Pay 2022 Taxes: $292.00 Per Year w/ No Exemptions Total Finished Above Grade Square Feet Per Assessor: 667 Preview: FRIDAY MARCH 17th from 12 NOON - 2 PM You must read and agree to all Terms & Conditions online before bidding. If you have any questions or do not wish to bid online, please call us, and we will be happy to assist! Terms: A 5% Buyer's Premium will be added to your winning bid to determine the final Contract Selling Price. The successful online bidder will be required within 24 hours after auction close to sign a standard form purchase agreement and submit a 5% deposit. This deposit may be in the form of a personal or business check. The balance will be due & payable at closing within 45 days. While this does give you plenty of time to complete any financing that you may be considering, the sale is not subject to financing. Buyer will be guaranteed good merchantable title and will assume the real estate taxes starting with the Spring 2023 installment. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. Sohn & Associates, Ltd and its representatives are agents of the seller. Please read complete terms & conditions at the bidding link. SELLER: INKY, LLC AUCTIONEER: Trent Sohn #AU19700067; AC#30000226 AUCTION ID: 1615