Auction Terms, Conditions and General Information

Buyer’s Premium:  A 10% buyer’s premium will be added to the high bid to determine the final contract selling price.

Down Payment:  The buyer shall make a down payment of $50,000 immediately following the auction.  The down payment may be made by certified check or a good personal check.

Closing:  Closing shall occur on or before April 25, 2008.

Inspections:  The real estate will be open for inspection Wed. March 19th from 1-3 PM or at other times by appointment.

Conditions of Sale:  The property is being sold in “as-is” condition with no conditions or contingencies of any kind.  Any inspections, etc. are welcome but should be completed prior to auction and are not a condition of sale.

Realtor/Broker Participation Welcome: A broker or realtor whose client is the buyer of the real estate may be entitled to a  3% broker participation fee.  Agents must register their clients at least 12 hours prior to the auction.  Brokers and agents may obtain the registration by clicking on this link or by calling Wardlow Auctions Inc. at (502) 489-5515.

Directions: From Louisville, take I-65 North to Exit 4 (Hwy. 31 / Lewis & Clark Pkwy.), turn left onto Lewis and Clark Pkwy., right at Cedar St., right at Madison St., left at Broadway, right at Bales Blvd., right at Leisure Way.  From Indianapolis, take I-65 South to Exit 5, right on Veterans Pkwy., left on Broadway St., left at Bales Blvd., right at Leisure Way.

Auction Location:  On the premises       Seller:  R. H. McGavok

Seller reserves the right to accept offers prior to the date of auction.

 

Related links:

Clark Co., IN population & economic profile:  www.stats.indiana.edu/profiles/pr18019.html

Southern IN Chamber of Commerce economic development & regional profile:  www.1st.org

Zoning information:  www.town.clarksville.in.us/zoning/veterans_pkwy.pdf

                                 www.town.clarksville.in.us/zoning/veterans_pkwy_guidelines.pdf

US Hwy. 131

Text Box: I-65

«

Œ

Ž

Bales Blvd.

Text Box: Broadway

Legend of nearby commercial businesses

 

«- Subject Property                 7 – Walmart & Sams Club

1 – Outback Steakhouse           8 – Waterford Park South

2 – Hampton Inn                       9 – Coyle Chevrolet

3 – Best Western Inn                10– Lowes Hardware

4 – River Falls Shopping         Plus numerous restaurants

        Bass Pro Shop                   and other businesses

        Dicks Sporting Goods      in the immediate area.

5 – Green Tree Mall

6 – Home Depot                       

 

View of subject property from I-65 access road heading south.

 

Points of reference

Hampton Inn

Outback Steakhouse

Subject

Property

3.384 Acres

The property will be open for inspection on

Wednesday,  March 19th, 1-3 PM. 

Any other times shall be by appointment.

Veterans Memorial      Pkwy.

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