$1-Bid-(No Reserve)- Single Family on Large Lot close to Indiana Wesleyan University

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Few times we offer properties at very low starting bids ranging from $1 to $5000 with no reserve and let the market forces decide the final sale price

The city is the home of Indiana Wesleyan University, the largest evangelical Christian university in the Midwest and largest private university in Indiana. It was the location of the wedding of actress Julia Roberts and singer Lyle Lovett in 1993. Marion's manufacturing sector produces automotive components, paper products, foundry products, machinery, wire, and cable. The paper plate industry was born in Marion; in its infancy, five of the nation's nine plants were located in the city. The area surrounding Marion is part of the Corn Belt; as such, agriculture remains a significant component of the region's economy. Corn, soybean, and hog production are supplemented by specialty crops such as tomatoes.

Seller own the property outright. This bid is for the 100% of the purchase price of property. Seller has clear title. Property taxes are described below. There are no other liens or mortgage on the property as far as seller is aware. However, that should not be considered as any kind of warranty from the seller. Bidder should do own research and due diligence before making the bid. The seller will issue a quit claim deed. We are selling “As-is” and have not done any inspection of the house.

Potentially may need a lot of work inside and we do not have list of required repairs. The side roof gutters are missing. But, it seems to be a good location and there are nice houses around the property. This house is on relatively larger lot compared to other close by houses.

Address: 1639 W 1st St, MARION, IN
Bedrooms: 2
Bathrooms: 1
House Area: 928 Sq Ft
Lot Size: 66 x 132 Sq ft
Owner: SOCIAL INVESTMENTS LLC (An Indiana LLC)
Real Estate Type: Single Family House
Parcel ID: 27-06-01-103-174.000-008
County: Grant
Past Due Taxes in Spring 2021: $871
Annual Taxes: $332

Buyer pays = Winning bid +$500 for document processing + 10% of purchase winning bid as buyer premium ($100 minimum).

Property Taxes
Buyer is responsible for taxes that were due in Spring 2021 of $871. Taxes are not due at the time of closing. Buyer can pay taxes directly to county at later time.

Nonrefundable
This is a non-refundable sale. No refund will be issued. Mode of payment is wire transfer. No credit card payments.