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AUCTION ID #: 627992 Bookmark and Share
1297 W 17th Ave, Gary, IN 46407 & Adjacent Lot (1401 W 17th Ave)
Item 627992  
Final Bid: USD $0
Number of Bids: 0
Your Bid Status: Login to view status
Reserve: No Reserve!
Status: Closed
Auction Started: 01-10-14    09:00 AM ET
Auction Closed: 01-21-14    12:00 PM ET
Asset Details
Seller Information
Seller Name: Kirkwh11
Rating: Seller Rating - 4 (6)
Location: 297 W 17th Ave
Gary, IN    46407
View Seller's other items
Bid Increment: $100
Minimum Bid: $8,995
Auction Type: Regular Auction
Source: Private Auction
Deposit Required: $0
Overtime Period: 5 min
Buyer's Premium: 10.0%
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Asset Information Additional Details Your Bid History
Item Specifics
Residential Properties  
  Address 297 W 17th Ave
Gary, IN 46407
United States
  Lot Size 3136 acres
  Number Of Bedrooms 3.00
  Number Of Bathrooms 2.00
  Living Space 819.0
  Year Built 1949
  Parcel Number 45-08-09-303-022.000-004
  Display Maps Yes

Asset Description
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1297 W 17th Ave, Gary, IN 46407 -  and adjacent empty lot 1401 W 17th, Gary, IN

3 bedrooms, 2 bathrooms
Single family 819 SQFT built in  1949
Both lots are over L 3,000 SQFT
Parcels #45-08-09-303-022.000-004/45-08-09-303-021.000-004

The Seller offers these assets for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. All sales are with the understanding that the buyer cannot rely on any other representation, warranty or guaranty made by anyone.

All information derived from third party sources, including but not limited to appraisals, is deemed reliable but not guaranteed.

All buyers are deemed to have relied entirely on their own information, judgments and inspections of the assets in making the decision to purchase the asset.

Thanks for your interest. We buy properties in packages and, unfortunately, never get to visit these homes. Your best bet would be to contact the local tax office/utilities providers to get the most reliable information."

Thor Realty offers this property for auction with advisement of the winning bidder is responsible for all liens, encumbrances and back taxes we encourage the Winning Bidder to educate themselves in researching all Liens, encumbrances and back taxes before bidding.

Deposit Requirements
A Single 25% non-refundable deposit is required to participate for the auction due within 48 hours from the end of the said Auction.. Final payment 75% owed is due within 5 days from the end of the said Auction.. A quick claim deed will be given at time of settlement. There is a $295.00 deed preparation fee associated with this auction as well as a 10% Buyer's Premium with a $250 minimum.

End of Auction
After the close of the final listing for auction, all winning bidders are sent detailed instructions via e-mail on the settlement procedures and how to provide Thor Realty with the necessary deed transfer information.

Thor Realty requires that the winning bidder submit the deed transfer information to Thor Realty via e-mail within 48 hours of the close of the auction.

Settlement Requirements
Certified / Cashiers Check
Money Order
Credit or debit card (Visa / MasterCard Only) (3% fee applies)
Full Payment must be received by Thor Realty no later then 5 days (5:00 PM) from the end of the said Auction. if the payment policy is not adhered to, the winning bidder will forfeit their deposit and may be banned from future Bid4Assets Sales.

Maps & Area Information

Additional Details
For more information about this asset including photos, specs and more (when available), click here.

PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to,

  • A satisfactory inspection of the property
  • Completion of a title search
  • Investigating back property taxes and
  • Other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.

Settlement Requirements
  • This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
Payment Type
  • Certified/Cashier's Check
  • Money Order