BURGESS AUCTIONS LLC
Trusted Auctions, Timeless Results.
www.burgessauctions.com • (765) 445-7814 • sold@burgessauctions.com • AU19600029
RESIDENTIAL REAL ESTATE AUCTION — TERMS & CONDITIONS
108 S Center St, Maxwell, IN 46154 (Hancock County)
Online Bidding Opens: Monday, August 17, 2026 at 6:00 PM • Live Auction: Wednesday, August 19, 2026 at 6:00 PM (On-Site)

1. Method of Sale
This property will be offered via a combined online/live auction format. Online bidding opens Monday, August 17, 2026 at 6:00 PM and continues through the live auction event on Wednesday, August 19, 2026 at 6:00 PM, at which time bidding will conclude at the live event location. Bidders may participate online through the bidding platform (bidburgess.com) or in person at the live auction.
2. Registration Requirements
All potential bidders must register prior to the start of the auction, either online or in person. A valid government-issued photo ID is required. Please refer to the Burgess Auctions Bidder Registration & Acknowledgment Form for complete registration requirements. Burgess Auctions LLC reserves the right to require proof of funds and to refuse registration to any prospective bidder.
3. Buyer's Premium
A 10% Buyer's Premium will be added to the final high bid to determine the total contract purchase price.
• Example: Winning Bid $30,000 + 10% Premium ($3,000) = Total Contract Price: $33,000
4. Down Payment
The winning bidder must deliver an earnest money deposit of $5,000 immediately following the close of bidding on auction day, payable to Fidelity National Title (to be confirmed). Accepted forms of payment are bank wire, certified funds, or cash (to be confirmed with Fidelity National Title). This deposit will be credited toward the total contract purchase price at closing.
5. Purchase Agreement & Contract Documentation
The winning bidder will be required to execute a Real Estate Purchase Agreement immediately following the auction. The sale will be completed using the standard Indiana Association of Realtors Purchase Agreement, along with an auction-specific addendum outlining all terms and conditions. Documents will be available for review at registration. Failure to execute the purchase agreement or deliver the deposit as required will constitute a default, and the property may be re-offered at the auctioneer's discretion.
6. Property Condition
Property is being sold “AS-IS, WHERE-IS” with NO inspection contingencies of any kind. Bidders are strongly encouraged to complete all due diligence prior to auction day.
7. Financing Contingencies
There are NO financing contingencies. Financing pre-approval is strongly recommended prior to bidding. If the winning bidder is unable to close within the required timeline for any reason, including inability to secure financing, the $5,000 deposit will be forfeited.
8. Possession
Possession will be given to the buyer at closing.
9. Closing
The winning bidder must close within 30 days of Seller's Confirmation, on or before September 18, 2026. Time is of the essence.
10. Title & Closing Costs
Seller will pay standard seller closing costs and will provide an Owner's Title Insurance Policy through Fidelity National Title (to be confirmed). Buyer is responsible for all additional closing costs.
11. Real Estate Taxes
Real estate taxes will be prorated to the date of closing, per Hancock County custom.
12. Broker Participation
A 3% commission will be paid by the Seller to Buyer Brokers at closing upon successful close of the transaction, calculated on the hammer price only (excluding Buyer's Premium). The Buyer Broker Participation Form must be completed and received no later than 5:00 PM on Tuesday, August 18, 2026 — no exceptions. Submit to Jason Snider at snidergroup@gmail.com or (317) 507-1692 (call or text to confirm receipt).
13. Seller's Confirmation
Sale is subject to Seller's Confirmation. The Seller reserves the right to accept or reject the final bid.
14. Auctioneer's Discretion & Announcements
Auctioneer's announcements on auction day, whether in person or via the online platform, supersede all printed materials and advertising and take precedence over any previously published information. Burgess Auctions LLC reserves the right to withdraw the property, reject any bid, resolve bidding disputes, remove disruptive individuals, and set bid increments at its sole discretion. Burgess Auctions LLC is acting as Seller's Agent only. This auction is governed by the laws of the State of Indiana. By registering to bid, each bidder acknowledges they have read, understood, and agree to be bound by these Terms & Conditions.

Auctioneer
Zack Burgess, CAI, AMM • Burgess Auctions LLC • (765) 445-7814 • sold@burgessauctions.com • AU19600029
Real Estate Agent — Showings
Jason Snider • J. Snider Real Estate • RB14045952 • (317) 507-1692 • snidergroup@gmail.com

Integrity in Every Lot. Care in Every Sale.
Burgess Auctions LLC • Zack Burgess, CAI, AMM • AU19600029 • www.burgessauctions.com • (765) 445-7814

How the Buyer's Premium Works: Winning Bid + 10% Premium = Total Purchase Price. Example: $30,000 winning bid + $3,000 premium = $33,000 total purchase price.