LOOK WHAT IS COMING TO AUCTION - SEPTEMBER 9TH @ 6:30 PM ET

Turn-Key Mobile Home Community in Springville, IN! Located on 1.4 acres in tranquil Lawrence County, this well-maintained mobile home community presents a solid investment opportunity with consistent income and long-term tenants. The property features four pads, all currently occupied by tenants who wish to remain under new ownership-ensuring immediate cash flow and stability. Two of the pads include mobile homes owned by the seller, which will convey with the purchase. These units have been thoughtfully cared for, with HVAC systems serviced annually, a new hot water heater installed in one unit this year, and roofs that are under five years old-offering peace of mind and minimal upkeep. All pads are connected to municipal water, and the septic system is professionally serviced each year. Tenants are responsible for trash and lawn maintenance, keeping operating costs low and management simple. This is a clean, quiet community with a strong rental history and reliable tenants-perfect for investors seeking a low-maintenance, income-generating property. Detailed income and expense breakdown available upon request. Property will be offered onsite at public auction on September 9th, at 6:30PM. To be a bidder, valid ID & proof of funds or preapproval letter. 10% BP due the day of auction from the winning bidder. 30 days to close. Schedule a private showing today!

TO SCHEDULE SHOWING CALL BROKER BAY: 317-218-0600

Live Onsite Bidding

Terms of the Sale

Procedure:    Each bid will constitute an offer to purchase and the final bid, if accepted by the Sellers, shall constitute a binding contract between the Buyers(s) and the Sellers. The auctioneer will settle any disputes as to the bids and his decision will be final. The buyer will pay all closing costs except for the owner’s title insurance which will be paid for by the seller.

Down  Payment: A non-refundable deposit ( if the buyer cannot close) of 10% of the final bid price or $10,000.00 whichever is greater  is required on the day of the auction if you are the winning bidder.  Deposit must be in the form of a cashier’s check, wire transfer, or personal check with bank letter of guarantee or cash.  Bidding is NOT contingent upon financing.

Buyers Premium: A 10% buyer's premium will be added to the final bid. For example, if you bid $100,000.00 the total sale price will be $110,000.00.

Approval of Bids: The sellers reserve the right to accept or reject any and all bids. All successful bidders must enter into a purchase agreement the day of the auction, immediately following the conclusion of the bidding.

Possession: Closing will take place no more than 30 days from day of auction. The seller at closing will convey good and marketable title. The buyer will be responsible for all closing costs, surveys, etc.

Real Estate Taxes: Real Estate taxes shall be prorated to date of possession.

Terms: The property is being sold 'AS IS, WHERE IS' without warranty or guarantee of any kind. Each potential buyer is encouraged to perform his/her own independent inspections, investigations, inquiries and due diligence concerning the described property.

Disclaimer:  The Auctioneer reserves the right to cancel the auction or change its terms without prior notice. All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the purchase agreement. All sketches and dimensions in this brochure are approximate All decisions made by the auctioneer are final. 

Possession at closing.