ONLINE AUCTION INFORMATION

Buyer agrees to immediately enter into a Real Estate Auction Purchase Agreement approved by Seller, if declared the high bidder (winning bidder) by the Auctioneer during the following auction:

Property Address: 10480 N 700 E, Albany, IN

Auction Date: June 17th, 2026 @ 6PM

Auctioneer: Andrew Wagner of Wagner Auctioneering and Real Estate.
Auctioneer License: AU10200074

TERMS AND CONDITIONS

1) Seller Confirmation: The Property is being offered in a live simulcast with bidding available Live and Online, with all bids being subject to the Seller's approval with the Advertised Reserve Amount of $210,000.00.

2) Bidder Registration: Online bidder hereby agrees to properly register for the online auction via the HiBid platform or live on the night of the aution.. Contact Auctioneer for assistance.

3) Bidding Opens/Closes: The Online portion of bidding will be open until the completion of the live portion of the auction.

4) Property Previews: It is highly recommended that all Bidders personally inspect the property prior to placing any bids in the auction. Property visits can be scheduled through the Auctioneer or through the Bidder's Buyer's Agent, if employed.

5) Disclaimer: All information provided is believed to be accurate, however no liability for its accuracy, errors, and/or omissions are assumed. Photos, maps, measurements, etc. are approximate. Buyers to confirm accuracy. Property is being sold "As Is, Where Is" with no warranties expressed or implied. Personal Property to remain and convey with the Property. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller's reserve price, if applicable. Buyer acknowledges that any bid(s) placed is a binding agreement to purchase the Property, subject to the bid being approved by the Seller, if applicable.

6) Financing: By participating in this auction, bidders hereby agree that their bid shall NOT be subject to the ability to obtain financing. Sale is NOT subject to an appraisal. If a bidder decides to finance the purchase, they should ensure that they and the lender are capable of completing the sale on or before the closing date.

7) Buyer's Premium: No Buyer's premium will be assessed on this auction.

8) Purchase Agreement: The winning bidder hereby agrees to enter into a Real Estate Auction Purchase Agreement, which has been approved by the Seller, immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded an email with the Real Estate Auction Purchase Agreement to be digitally signed. A signed Purchase Agreement must be received by Wagner Auctioneering and Real Estate no later than 24 hours from the time sent to the winning bidder. A sample Real Estate Auction Purchase Agreement is available for review prior to placing any bids.

9) Earnest Money Deposit: A $10,000 non-refundable deposit will be wire transferred or hand delivered in the form of certified funds to Wagner Auctioneering and Real Estate no later than 24 hours following the close of the auction. These funds will be applied to the purchase at closing with the remaining balance due in full at that time.

10) Closing: Closing shall take place on or before July 31st, 2026 at the Seller's choice of Title Company.

11) Easements: The sale of the property is subject to any and all easements of records.

12) Survey: No survey is required to transfer title to the property. If Buyer desires a survey, it shall be at the Buyer's sole expense and shall not be a contingency or requirement in the purchase contract.

13) Inspections: Sale will NOT be contingent upon inspections. Property is being sold "As Is, Where Is."

14) Title Work: Title work will be ordered immediately by the Seller at IN Title who will also close the transaction. Closing fee charged by Title Company to be split 50/50. All other Buyer's closing costs to be incurred by Buyer.

15) Possession: Day of closing w/Tenant's Rights for the 2026 Growing Crop

16) Deed: Seller to provide title insurance policy and will convey property via a General Warranty Deed.

17) Taxes: Buyer to assume taxes due and payable in the Fall of 2026 and thereafter.

18) Online Auction Technology Disclaimer: Bidder shall not have any claim against Wagner Auctioneering and Real Estate, Broker of record, or anyone else if Internet service fails before or during the auction. Online bidding is subject to technology faults and issues which are outside of the control of the Auction Company. Bidders are encouraged to use the "Maximum Bid" feature on the bidding platform if there are Internet capability concerns during the auction. The Seller and the Auction Company reserve the right to PAUSE the online auction bidding in the event of internal or external technology failure in order to preserve the integrity of the auction event and maintain a fair and impartial bidding environment.

Andrew Wagner - Wagner Auctioneering and Real Estate
Phone: (765) 748-4509

104 N. Main Street
PO Box 212
Farmland, IN 47340

IN Auctioneer License: AU10200074
IN Real Estate Brokerage License: RC51000859

GUARANTEED SALE W/$210,000 STARTING BID We have the one that everybody calls for!! This propertyis almost 6 acres in the country in Delaware Community Schools. Conveniently located only a couple of minutes from Albany and 15 minutes from Muncie, this one deserves a look. The dwelling has had extensive remodeling completed including a new kitchen, new full and half baths, new roof, new paint, new flooring, new concrete drive/walks/back patio, new vinyl in the gables, replacement windows (and I am certain that I am missing something). The gas forced air and central airconditioning have been updated as well. This property is being offered at live auction (with online bidding available). The live portion of the auction will be held onsite June 17th @ 6pm.