REAL ESTATE AUCTION


MONDAY - June 16, 2008 - 10:00 AM

201-205 S. Washington St, Marion, Indiana
(One Block North of the Courthouse)

Seller: Secured Party

Mark A. Grooms/Carol Ann Grooms
Case #27D01-0709-MF-688
The Real Estate is Being Sold
Absolute Regardless of Price!

    Office Building w/3 Office Condos
  • 3600 Total SF
  • 1200 SF each condo
  • 1 Condo Leased & Producing Income
  • Separate Utilities
  • Parking in rear & on street
  • Recently Remodeled
  • All condos have separate mens/womens restrooms
  • Gas Heat/Central Air
  • Phase I and II completed in Feb 2008 Call for details
  • Tax ID #016-01007-12
Scroll down to view photos



Front Exterior

Side Exterior

Rear Exterior

Condo #1

Condo #1

Condo #1

Condo #2

Condo #2

Condo #2

Condo #2

Condo #3

Condo #3

Condo #3


TERMS AND CONDITIONS: This property for sale is offered on an “as-is” basis only. Prospective bidders are encouraged to inspect the property before bidding on it. Inspection of the property is by appointment only by calling the auction company. Prospective bidders shall rely entirely on their own judgement and inspections. 10% earnest deposit for the real estate due on sale day with balance due at closing. Real estate is being sold for cash only. Not subject to any financing or loans. Closing is to occur as soon as applicable closing documents can be compiled. Highest bidder will be required to enter into a real estate purchase agreement immediately upon conclusion of bidding. Potential bidders will be able to inspect the purchase agreement prior to bidding. All announcements made sale day by auctioneer or its employees shall take precedence over any written material provided or previous oral statements made. QUALIFICATIONS: To bid, individuals should register with the auction company either prior to auction day or on auction day. Earnest checks should be made payable to AAA Auction Service, Inc. Earnest will be held in AAA Auction Service, Inc. escrow account until time of closing. TITLE INSURANCE/SURVEY/TAXES/CLOSING COSTS: Buyer will receive a sheriff’s deed, no title insurance will be provided, no survey, buyer pays all taxes (which are current). Closing within 3 to 4 days of Auction date.

Auctioneer: Ron Steinman, AU09200181



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