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BIDDING STARTS AT $1
YOU ARE BIDDING ON THE DOWN PAYMENT ONLY.
THE TOTAL BID AMOUNT IS NOT THE PURCHASE PRICE.
PLEASE READ ENTIRE LISTING BEFORE BIDDING.
If you have an EBay score under (10) please email me before bidding, stating that you understand the terms of this agreement.
I have the right to cancel the bid if bidder does not respond to my email.
EXCELLENT INVESTMENT IN A GREAT NEIGHTBORHOOD
DISCOUNT SOLID PROPERTY WITH CASH FLOW AND EQUITY.
HOUSE IS ON A STABLE AND QUIET BLOCK
BUY WITH CONFIDENCE.
WE PURCHASE ONLY HOMES THAT ARE SOLID WHICH ONLY NEEDS BASIC REHAB. FOR OTHER HOUSES PLEASE GO TO:
Click Here To See Other Houses Available
About Indianapolis, Indiana
Indianapolis is in the Nine-County Region of Indiana, right at the center of the state. It is the state capital and largest city of Indiana, United States, and is in Marion County. The population within city limits is approximately 798,382 people, making it the 14th largest city in the US. The metropolitan area has about 2 million (23rd in the US).
Indianapolis has diversified its economy base in order to avoid relying solely on manufacturing. A large part of this diversification includes a hosting of events, especially sports events. The labels of The Amateur Sports Capital of the World, and The Racing Capital of the World, have both been applied to Indianapolis. The city has hosted the 1987 Pan American Games, both Men’s and Women’s NCAA Basketball Tournaments, Men’s and Women’s Big Ten Conference Basketball Tournaments, the Allstate 400 at the Brickyard, the United States Grand Prix (2000-2007), the World Basketball Championships, will host Super Bowl XLVI in February 2012, and perhaps is the most famous for the annual Indianapolis 500, known as the “Greatest Spectacle in Racing.” The attendance at the Indianapolis 500 and the Allstate 400 makes them the two largest single day sporting events in the works, with well over 250,000 fans in attendance at each. The city is the second only to Washington, D.C., for number of monuments inside city limits. There have been two United States Navy vessels named after Indianapolis, including the USS Indianapolis (CA-35) which suffered the worst single at-sea loss of life in the history of the U.S. Navy.
Indianapolis is the international headquarters of the pharmaceutical corporation Eli Lilly And Company, wireless distribution logistics provider BrightPoint, health insurance provider WellPoint, insurance company American United Life, airline Republic Airways, consisting of Republic Airlines, Chautauqua Airlines and Shuttle America. Real Estate companies Simon Property Group Hunt Construction Group, Finish Line, Inc., Duke Realty Corp. and Teleservices Direct. The U.S headquarters of Roche Diagnostics, Thomas SA, Conseco, Interactive Intelligence, First Internet Bank of Indiana, Peerless Pump Company and General Motors. Forbes magazine ranked Indianapolis 6th on list of "Best Cities for Jobs." (January 2008). Money magazine named Indianapolis one of the "Best Places to Live." (2007). Kiplinger's Personal Finance named Indianapolis the 14th smartest city in which to live (May 2006). Forbes magazine ranked Indianapolis the 10th best out of the 200 largest metro areas for business and careers (May 2006). Inc. magazine ranked Indianapolis 10th in the nation for production of fast-growth, super-achieving companies (2006). KMPG Competitive Alternatives Study ranked Indianapolis the 3rd least-costly large city to do business (2006). Expansion Management magazine named Indianapolis a 5-star metropolitan area for logistics (September 2005). Money magazine named Indianapolis one of five "up and coming cities" with a population over 1 million (June 2004). Site Selection magazine named Indiana #1 in competitiveness for business investment (May 2004). Monster.com magazine named Indianapolis one of the top 10 places to live in America (2004). The National Association of Homebuilders named Indianapolis the most affordable city over one million people (2004). ESPN.com magazine ranked Indianapolis the #1 Professional Sports City in North America (2003).
Purchase Price is $22,500
Single Family Home with a detached garage
3 Bedrooms / 1 Bathroom
864 Sq. Ft.
Rent : $700-$750
Rent Ready Repair Estimate: $12,000
Zillow Value $66,000
**Please Read Below**Please Read Below**
Note: You are bidding on the DOWN PAYMENT of the property. (Which does not include the non-refundable EMD of $1,500) that is taken off the purchase price of $22,500. This leaves balance of $21,000 due on the property paid at closing, (March 5, 2010).
Anything you bid goes towards the purchase of the property.
THE TOTAL BID AMOUNT IS NOT THE PURCHASE PRICE.
By biding in this auction you are agreeing to pay the bid amount IN ADDITION to the non-refundable EARNEST MONEY DOWN (EMD) of $1,500 via (PayPal) within 24 hours at the close of the auction, and then close on the property for the remaining balance on the closing date.
The balance due at closing is not seller financed; this is For Sale By Owner Property with free and clear title. This property is not condemned or deemed uninhabitable by local government.
DO NOT BID IF YOU DO NOT UNDERSTAND THIS LISTING AD OR CAN NOT CLOSE ON THIS PROPERTY
I welcome any and all questions. Please email me if you would like to see additional photos, copy of the inspection report and/or contractor repair bid.
Please ask any and all question prior to bidding.
Serious bidders only!
Please do not bid if you do not intend to buy.
By bidding on this property, you are agreeing to all terms and conditions in this listing and have done any due diligence required to make an informed decision to bid.
This property is being sold as is, where is, with NO guarantees whatsoever. It is the responsibility of the buyer to do any and all inspections BEFORE BIDDING AND THE AUCTION ENDS!
I have tried to describe this property the best I can, but if you still have questions or would like to go look at the house, you can contact me at anytime at sage.property.investor@gmail.com or call 866-669-7472 ext 24.
Bid with confidence and good luck!
IMPORTANT! IMPORTANT! IMPORTANT! IMPORTANT!
Please Note: You are bidding on the DOWN PAYMENT in addition to $1,500 non-refundable EMD.
Example = if you winning bid is $100
Upon Close of Auction you will pay:
$100 (your winning bid)
+ $1,500 (non-refundable EMD)
= $1,600 Total to be paid via Paypal within 24 hours.
At the time of closing you would owe the final payment of $20,900
Example of money due at closing
$22,500 purchase price
-$1,600 ebay auction
=$20,900 due at closing (plus closing costs)
Buyer must contact seller immediately to confirm. Buyer must remit EMD of $1,500 PLUS winning bid amount via PayPal within 24 hours. You will then close on the property with the remaining balance due at closing.
IF YOU HAVE ANY QUESTIONS PLEASE EMAIL BEFORE YOU BID.
Seller reserves the right to pull the auction at any time regardless of time left or bid status.
BID AMOUNT IS NOT THE PURCHASE PRICE OF THIS HOME. THE PURCHASE PRICE IS $22,500.
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