TERMS & CONDITIONS
Martin Yates Real Estate Auction
E. Grissom Ave.
Mitchell, IN 47446
Legal Description
SEC 36 TWP 4 R1W SE SE .37A

The property will be offered at Public "Online - Internet Auction", ending Wednesday July 16, 2025 @ 6:00pm 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

Buyers Premium

An 11% buyer's premium will be added to the final bid and charged to the buyer, the final bid plus the 11% Buyer's premium will establish the final sales price.

A down payment of $2,500.00 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 John Bethell 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 August 15, 2025

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: John Bethell Title Co. 2626S. Walnut Street Bloomington, IN. 47401

Closing fee will be paid by the buyer.

Closing will be held on or before August 15, 2025

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 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 Cody Coffey (812) 360-8383 or at United Country Coffey Realty &

Land Auction Opportunity Mitchell, Indiana 0.37± Acre Residential Lot at the Corner of 3rd St. & E. Grissom Ave Don't miss this chance to own a corner residential lot in Mitchell, Indiana! Situated at the intersection of 3rd Street and E. Grissom Avenue, this 0.37± acre property offers a prime location with city utilities available, asphalt road frontage, and convenient access within the city limits of Mitchell. Whether you're planning to build or invest, this lot presents excellent potential in a well-established area.