725 W 1st Street Albany, IN  47320

Located at 725 W 1st, Albany, IN this 1958 square foot 4 bedroom 1 bath dwelling has INVESTOR SPECIAL written all over it. With a GUARANTEED SALE WITH A $20,000 starting bid there is a pile of upside. The exterior of the home is vinyl siding with a brick lower accent. The dwelling has 3 bedrooms upstairs and 1 bedroom on the main level. The dwelling has a shingle roof and replacement windows. Climate control to the property is via a gas forced air furnace with central air conditioning. The large 56x122 corner lot also boasts a 2 car detached garage. The interior of the home is missing most of the floorcoverings and has uneven floors in several areas so it does need some work. This property would not qualify for conventional style financing due to its current condition. This property is selling through an online real estate auction and can be viewed anytime leading up to August 25th @ 8pm. Terms for the Online Auction: Property sells with a guaranteed minimum starting bid of $20,000 or higher. A 10% non-refundable earnest money deposit will be due from the buyer within 48-hours of the conclusion of the auction and will be held in the auction company's escrow account. Seller agrees to furnish clean and clear title to the buyer. Any costs associated with the provision of title insurance and title search will be at the expense of the seller. The buyer will be responsible for any costs associated with the obtaining of funds to close the transaction. The closing fee charged by the title company will be split 50/50 between the buyer and seller. Property is to be sold in AS-IS condition with any and all faults. Bidding is not contingent upon inspection or financing. Closing of this transaction shall be on or before September 23rd @ Young's Title @ 3100 N Oakwood, Muncie, IN. Buyer is responsible for paying the taxes due and payable in the Spring of 2023 and the taxes thereafter. Possession will be handed over at closing. Buyer should rely on their own measurements.