REAL ESTATE AUCTION BUYER INFORMATION & TERMS AND CONDITIONS

ESTATE OF DEBORAH DYER

Property:
14156 Upper Jim Run Rd.
Laurel, IN 47024

Auction:
Tuesday, October 27, 2026 at 6:00 PM

White�s Auctions, Est. 1922


PROPERTY

The real estate consists of approximately 1.29� acres located at 14156 Upper Jim Run Rd., Laurel, Franklin County, Indiana. Parcel No. 24-03-07-100-005.000-002. The property is improved with a 1994 manufactured home containing approximately 1,296 square feet of main-level living area, a full unfinished basement, and a detached garage.


1. METHOD OF SALE

The real estate will be offered at live public auction on location on Tuesday, October 27, 2026 at 6:00 PM.

The highest bid will be presented to the Authorized Representative for the Estate of Deborah Dyer for confirmation. The sale is also subject to court approval. Acceptance by the Estate�s representative does not eliminate the requirement for court approval.


2. PURCHASE PRICE & DOWN PAYMENT

The successful bidder shall be required to pay 10% of the final accepted purchase price on auction day and execute the applicable Real Estate Purchase Agreement and related auction documents.

The remaining balance of the purchase price shall be due at closing.


3. NO BUYER�S PREMIUM

There is NO BUYER�S PREMIUM charged on the purchase of this real estate. The successful bidder�s final accepted bid will constitute the purchase price of the property.


4. FINANCING

Prospective bidders are responsible for making any necessary financial arrangements prior to bidding.

The auction and closing are not intended to be delayed while a successful bidder arranges financing. Any financing obtained by Buyer shall be Buyer�s responsibility and shall not alter the terms of the sale as set forth in the Real Estate Purchase Agreement.


5. PROPERTY SOLD AS IS, WHERE IS

The real estate is being sold AS IS, WHERE IS, subject to all disclosed conditions.

Prospective bidders are encouraged to inspect the property and conduct any inspections, investigations, or due diligence they deem necessary prior to bidding.

No warranties or guarantees regarding the condition of the real estate, improvements, mechanical systems, well, septic system, pool, deck, or other components are made by Seller or Auctioneer except as may be expressly stated in writing.

The condition of the above-ground pool is unknown. Portions of the deck require repair. Interior basement stairs are very steep. Exterior walk-out access to the basement is available.


6. INSPECTION

OPEN HOUSE:
Sunday, October 18, 2026
1:00 PM � 2:00 PM

Prospective bidders should use this opportunity to inspect the property prior to bidding.

7. TITLE

Seller shall provide clear, marketable title, free of liens and encumbrances except permitted exceptions.

Mullin, McMillin & McMillin will serve as the title company for the transaction.


8. CLOSING

Closing shall occur approximately 45 days following the auction, subject to court approval and any additional time reasonably required to obtain such approval.

The successful bidder shall remain bound by the purchase terms while court approval is pending. Closing will not occur unless and until the required court approval has been obtained.


9. CLOSING COSTS

Buyer shall pay all closing costs except expenses incurred for preparation of Seller�s deed, unless otherwise specified in the Real Estate Purchase Agreement.


10. REAL ESTATE TAXES

Fall real estate taxes shall be paid by the Estate. Spring real estate taxes shall be paid by Buyer. Buyer shall be responsible for all real estate taxes thereafter.


11. POSSESSION

Possession of the real estate shall be delivered to Buyer at closing.


12. COURT APPROVAL

This is an estate sale. The auction is expressly subject to confirmation by the Authorized Representative and court approval.

Authorized Representative for the Estate of Deborah Dyer, will have the opportunity to accept or decline the final auction bid. If accepted, the successful bidder remains obligated under the purchase terms while court approval is obtained.


13. PROPERTY INFORMATION

All dimensions, acreage, square footage, photographs, descriptions, tax information, and other information provided by White�s Auctions are believed to be accurate but are provided for informational purposes only.

County records indicate approximately 1.29 acres. Prospective purchasers are responsible for independently verifying any information material to their decision to purchase.


14. AUCTIONEER�S AUTHORITY

The Auctioneer shall have the authority to conduct the auction and resolve questions concerning the bidding process.

Any announcements made by the Auctioneer at the auction that modify these written terms should be reflected in the final purchase documents.


15. BUYER�S DUE DILIGENCE

Each prospective bidder is responsible for conducting their own due diligence prior to bidding.

By bidding, Buyer acknowledges having had an opportunity to inspect the property, review available information, ask questions, and conduct any inspections or investigations Buyer considers necessary.

Buyer acknowledges that the property is being offered AS IS, WHERE IS.


16. BINDING PURCHASE

Upon acceptance of the successful bid by the Estate�s authorized representative, and subject to required court approval, the successful bidder shall execute the Real Estate Purchase Agreement and provide the required 10% down payment.

The successful bidder shall remain bound by the purchase terms while court approval is pending.

Real Estate Auction 3 Bedroom, 2 Bathroom, Full Basement, Detached Garage 14156 Upper Jim Run Rd. Laurel, IN 47024 Auction held on location Tuesday, October 27th � 2026 6 PM REAL ESTATE: This 3-bedroom, 2-bath home is situated on 1.29 acres in Blooming Grove Township. Built in 1994, the home features approximately 1,296 sq. ft. of main-level living space plus a full unfinished poured-concrete basement. The main level features a spacious kitchen with abundant cabinetry, living area, three bedrooms, two full baths, and laundry area. The primary bath includes a large corner soaking tub. The home is served by well and septic and features central air. The full unfinished basement provides substantial additional storage and utility space and includes convenient exterior walk-out access. Interior basement stairs are steep. Outside, the property features a 24' � 30' detached two-car garage with a concrete floor and electric, front porch, rear deck, and an existing above-ground pool. Portions of the deck are in need of repair, and the condition of the pool is unknown. The property offers a country setting surrounded by mature trees. TERMS: 10% of the final accepted purchase price due on auction day. Balance due at closing. No buyer�s premium. Property sells AS IS, WHERE IS with no warranties or guarantees expressed or implied. Sale is subject to confirmation by the Personal Representative and court approval. Closing approximately 45 days following the auction, subject to court approval. Possession at closing. Open House � Sunday, October 18th 1-2 PM Estate of Deborah Sue Dyer � OWNER