Recreational & Hunting Land for Sale in Bloomington, Indiana

Online Only Auction

United Country Coffey Realty & Auction

Internet Only Auction

Bloomington, IN 47401

Date(s) 4/16/2024 - 5/22/2024

Public "Internet Bidding Platform", Bidding / Offer Period will end Wednesday - May 22, 2024 at 6:00pm EDT(soft close).

Bidding Open

Online-Only Auction

Shipping Not Available

Catalog

View Catalog (1 Lots)

Bidding Notice:

Property being offered via a Public "Internet Bidding Platform", Bidding / Offer Period will end Wednesday - May 22, 2024 at 6:00pm EDT(soft close). 11% Buyer's Premium will be added to your bid.

Auction Information

Name	Recreational & Hunting Land for Sale in Bloomington, Indiana
Auctioneer	United Country Coffey Realty & Auction
Type	Online-Only Auction
Date(s)	4/16/2024 - 5/22/2024
Auction Date/Time Info	Public "Internet Bidding Platform", Bidding / Offer Period will end Wednesday - May 22, 2024 at 6:00pm EDT(soft close).
Preview Date/Time	By appointment
Checkout Date/Time	A down payment of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethel Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title closing will be on or before 45 days of accepted and executed purchase agreement.
Location	Internet Only Auction Bloomington, IN 47401
Buyer Premium	11%
Description	Recreational & Hunting Land for Sale in Bloomington, Indiana Welcome to a nature lover's paradise that is this rare acreage on Bloomington's East side. Nestled within the serene Lake Monroe Watershed area, this 72.83-acre woodland plot awaits its next steward. With frontage on E Lampkins Ridge Rd, the property boasts two picturesque ridgelines, offering potential building sites with breathtaking views. A tranquil creek scattered with geodes meanders through the property, which is home to morels and chanterelles in the spring. Imagine exploring unspoiled mature woodlands of diverse trees, wildflowers, and native plants. This land is habitat for a range of wildlife, including white tail deer, wild turkey, red fox, Eastern box turtles, owls, downy and pileated woodpeckers, and other migratory birds are commonly seen. The land has undergone timber stand improvements in the last half century, and a recent timber appraisal demonstrates impressive timber value on the property, including quality white oak, red oak, black oak, sugar maple, tulip poplar, wild cherry, beech, sycamore, shagbark and pignut hickory. The owners also planted a substantial black walnut grove in the 1990s. For those seeking solace in nature, this property is a rare gem, with Lake Monroe, Paynetown State Recreation Area, and Brown County State Park just 15 minutes away. You can also enjoy the amenities of city life, within a 5-minute drive to Bloomington's East side, 20 minutes from Nashville, 60 miles from downtown Indianapolis, and 100 miles from Louisville, KY. This is an opportunity to create your own secluded haven in the heart of Southern Indiana natural woodlands, that is nearby the art, music and cultural amenities of a major university.

Terms and Conditions

"BIDDING RULES" TERMS AND CONDITIONS 000 E Lampkins Ridge Rd Legal Description - The property will be sold at Public "Online - Internet Auction", ending May 22, 2024 @ 6pm EDT - The property will be sold subject to seller's confirmation (sells with reserve). - Property sells As-Is with no warranties expressed or implied - The auction is Subject to prior sale (the property can be purchased prior to the end of the auction) - The seller reserves the right to cancel the auction at any time prior to the final bid closing - Buyers Premium An 11% buyer's premium will be added to the final bid and charged to the buyer, the final bid plus the 11% Buyer's premium will establish the final sales price. - A down payment of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethell Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before July 8, 2024. A promissory note will be signed along with the down payment. - Final closing is NOT contingent upon financing. - The property will be conveyed by a Warranty Deed - The seller agrees to furnish buyer(s) with an owner's policy of Title Insurance Policy at closing. - Real Estate Taxes: the taxes will be prorated to the day of closing. - Closing: Closing shall take place at the office of: John Bethell Title Company - 2626 S Walnut St, Bloomington, IN 47401 Closing fee will be paid by the buyer. Closing will be held on or before July 8, 2024. - Possession will be granted at final closing. - The successful Bidder shall execute electronically an "Auction Real Estate Sales Contract" for the property immediately after being declared the Successful Bidder by the Auctioneer. - Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due diligence concerning the property. Further; Property sells as-is with no warranties expressed or implied. - JDC Group, INC dba United Country Coffey Realty & Auction and their representatives are exclusive agents of the Seller. - All announcements made up to the final close of the Auction bidding take precedence over all advertising, oral or printed material. All information was gathered from reliable sources and is believed to be correct as of the date this brochure is published; however the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on ad are for representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the sellers or auctioneer to update this information. SALE SITE: Internet Only VIEWING INSTRUCTIONS: By Appointment The viewing of the property will be at the viewer's own risk. The Seller, Auctioneer nor the Listing Agency may not be held responsible for accidents. For questions call or text Jimmie Dean Coffey or Cody Coffey at United Country Coffey Realty & Auction (812) 822-3200 office (812) 360-6005 Jimmie Dean's cell or (812) 360-8383 Cody's cell.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 174,999.99	5,000.00 USD
175,000.00 - 9,999,999.99	1,000.00 USD

Payment Information

Currency	USD
Buyer Premium	11%
Payment Terms	A down payment of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethel Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title closing will be on or before 45 days of accepted and executed purchase agreement.

Shipping / Pick Up

A down payment of $5,000.00 must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethel Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title closing will be on or before 45 days of accepted and executed purchase agreement.

Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.