Bank Ordered Absolute Auction

Monday, October 28, 10 A.M. CST & 6 P.M. CST &
Wednesday, October 30, 10 A.M. CST
 
 


John Dixon & Associates has been commissioned to sell 9 bank branches in Illinois, Indiana, Missouri, Mississippi and Texas.  More information coming soon.

 
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BANK ORDERED ABSOLUTE AUCTION
MONDAY, OCTOBER 28, 10:00 A.M. & 6:00 P.M.
WEDNESDAY, OCTOBER 30, 10:00 A.M. CST
SEE SALE 1, 2 & 3 FOR SALE SITE
 
 
 
SALE 1
PROPERTY 6101
MONDAY, OCTOBER 28, 10:00 A.M. CST
SALE SITE: 1050 PARKWAY BOULEVARD
FLOWOOD, MS 39232
 

PROPERTY 6101

1050 Parkway Boulevard, Flowood, MS 39232

PHOTOGRAPH

County:

Rankin

191028_10AM_6101
 

 

ABSOLUTE

Property Type:

Former Bank Branch

Acreage:

0.55±

Square Feet:

2670

Year Built:

1995

Tax ID:

F10N000009 00010

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

PROPERTY INFORMATION

 
 
 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

 

SALE 2
PROPERTIES 6201, 6202 & 6203
MONDAY, OCTOBER 28, 6:00 P.M. CST
SALE SITE: PROPERTY 6203
1125 HIGHWAY 110 NORTH, WHITEHOUSE, TX 75791
 

PROPERTY 6201

110 East Spring Street, Palestine, TX 75801

PHOTOGRAPH

County:

Anderson

191028_6PM_6201
 

 

ABSOLUTE

Property Type:

Former Drive Thru Bank Branch

Acreage:

0.1693±

Square Feet:

540

Year Built:

1980

Tax ID:

6760-00168-01602

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

ASBESTOS SURVEY

PROPERTY INFORMATION

 
 
 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 6202

5126 Summerhill Road, Texarkana, TX 75503

PHOTOGRAPH

County:

Bowie

191028_6PM_6202
 

 

ABSOLUTE

Property Type:

Former Bank Branch

Acreage:

0.693±

Square Feet:

1600

Year Built:

1986

Tax ID:

08310000100

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

ASBESTOS SURVEY

PROPERTY INFORMATION

ROOF ABATEMENT REPORT
 
 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 6203

1125 Highway 110 N, Whitehouse, TX 75791

PHOTOGRAPH

County:

Smith

191028_6PM_6203
 

 

ABSOLUTE

Property Type:

Former Bank Branch

Acreage:

Square Feet:

6513

Year Built:

1986

Tax ID:

1-00000-0858-00-025030

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 ASBESTOS SURVEY

PROPERTY INFORMATION

 
 
 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

 

SALE 3
PROPERTIES 6301, 6302, 6303, 6304 & 6305
WEDNESDAY, OCTOBER 30, 10:00 A.M. CST
SALE SITE: PROPERTY 6305
9266 LEWIS & CLARK BOULEVARD, ST. LOUIS, MO 63136
 

PROPERTY 6301

534 Court Street, Fulton, MO 65251

PHOTOGRAPH

County:

Callaway

191030_6301
 

 

ABSOLUTE

Property Type:

Former Bank Branch

Acreage:

0.275±

Square Feet:

3067

Year Built:

1977

Tax ID:

13-04.0-17.0-40-003-002.000

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

ASBESTOS SURVEY

PROPERTY INFORMATION

2018 ROOF ABATEMENT REPORT
 
 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 6302

1503 West Kem Road, Marion, IN 46952

PHOTOGRAPH

County:

Grant

191030_6302
 

 

ABSOLUTE

Property Type:

Former Bank Branch

Acreage:

0.52±

Square Feet:

2896

Year Built:

1964

Tax ID:

27-03-36-401-002.000-023

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

ASBESTOS ABATEMENT EXTERIOR

ASBESTOS ABATEMENT REPORT

ASBESTOS SURVEY
LIMITED ASBESTOS SURVEY
PROPERTY INFORMATION

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 6303

107 E Schuetz Street, Lebanon, IL 62254

PHOTOGRAPH

County:

St. Clair

191030_6303
 

 

ABSOLUTE

Property Type:

Former Bank Branch

Acreage:

1.002

Square Feet:

2609

Year Built:

1991

Tax ID:

5190415006

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

PROPERTY INFORMATION

 
 
 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 6304

1625 S Elliot Avenue, Aurora, MO 65605

PHOTOGRAPH

County:

Lawrence

191030_6304
 

 

ABSOLUTE

Property Type:

Former Bank Branch

Acreage:

1.134±

Square Feet:

2840

Year Built:

n/a

Tax ID:

1.9601300401e+17

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

 

PROPERTY INFORMATION

 
 
 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

PROPERTY 6305

9260 & 9266 Lewis & Clark Boulevard, St. Louis, MO 63136

PHOTOGRAPH

County:

St. Louis

191030_6305
 

 

ABSOLUTE

Property Type:

Former Bank Branch

Acreage:

0.95±

Square Feet:

1780

Year Built:

1978

Tax ID:

13F541011; 13F541086

Open House/

Inspection Date:

Call for information

Listing Agent:

n/a

Listing Agent Company:

n/a

DOWNLOADS

ASBESTOS REPORT

PROPERTY INFORMATION

 
 
 

Listing Agent Number:

n/a

Listing Agent Email:

n/a

 

AUCTION TERMS & CONDITIONS

 

AUCTION LOCATION & TIMES:  SALE 1: Property 6101 will sell Monday, October 28 at 10:00 a.m. CST on site at 1050 Parkway Boulevard, Flowood, Mississippi. SALE 2: Properties 6201, 6202 & 6203 will sell Monday, October 28 at 6:00 p.m. CST on site at Property 6203, 1125 Highway 110 North, Whitehouse, Texas. SALE 3: Property 6301, 6302, 6303, 6304 & 6305 will sell Wednesday, October 30 at 10:00 a.m. CST on site at Property 6305, 9266 Lewis & Clark Boulevard, St. Louis, Missouri.

INSPECTION: Contact auctioneer for details 770.425.1141 or visit johndixon.com.

TERMS FOR LIVE BIDDING:  Pay 10% (of the purchase price) earnest money down at the time of signing the Contract of Sale. Balance will be paid in full at closing to be held on or before Monday, November 18, 2019. A copy of the sale contract may be reviewed prior to the auction by contacting the auctioneer.

TERMS FOR ONLINE BIDDING:  The online registration will need to be completed, including credit card information which will be verified and approved, and the credit card will be charged $1.00 for this process. If you are the successful bidder and do not deliver the earnest money as outlined in the terms for live bidding which must be by wire transfer within 24 hours, a charge of $5,000 will be placed on the account. The card is for verification purposes to ensure we have serious bidders. Balance will be paid in full at closing to be held on or before Monday, November 18, 2019. The successful online bidder will be notified immediately following the closing of the auction and emailed the purchase contract. The executed contract shall be submitted per the instructions received with the contract. For questions regarding online registration, contact Stephanie Dixon at 800.479.1763 or stephanie@johndixon.com.

BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid. Example: For each $10,000, a 10% buyer’s premium of $1,000 will be added to arrive at the total purchase price of $11,000.

AUCTIONEER’S AUTHORITY: The auctioneer shall make the sole and final decision as to the winning high bid amount. Acceptance by the online bidding platform does not necessarily constitute an accepted bid by the auctioneer.

AGENCY: John Dixon & Associates, auctioneer/broker, is acting exclusively as agent for the seller.

CLOSING ATTORNEY:   Closings will be handled by Chicago Title Insurance Company (412) 281-5566. Seller shall pay for the preparation of the Special Warranty Deed. Seller shall provide and pay for all other documents necessary to perform Seller’s obligations under the Contract, its attorney’s fees and for the Grantor’s Tax. Buyer shall pay for recording the Deed and for preparation and recording of all instruments required to secure the balance of the Purchase price unpaid at closing; all recordation and transfer taxes, other than the Grantor’s Tax, its attorney’s fees, all costs of the title examination, title report, title commitment and one or more title insurance policies, all other closing costs, including without limitation, fees to the Settlement Agent. For questions regarding closings or contracts, contact Danielle Foreman, Closing Coordinator at 800.479.1763 or closing@johndixon.com

BROKER PARTICIPATION: A 2% commission of the high bid, before adding buyer’s premium, will be paid to any qualified licensed real estate broker in the state where the property is located whose prospect is the successful bidder at the auction and closes on the property. To qualify for a commission, the broker must first register the prospect by email or fax the prospect’s name and address on John Dixon & Associates’ broker registration form. The registration must include the signature of the prospective purchaser, the signature of the broker and the broker’s real estate license number. The registration must be received at 200 Cobb Parkway North, Suite 120, Marietta, GA 30062-3585, Attention: Danielle Foreman at closing@johndixon.com, no later than 4:00 p.m. eastern time on the business day preceding the auction. Broker registration may be faxed to 770.425.4413 UNDER NO CIRCUMSTANCES WILL BROKER REGISTRATION BE ALLOWED ON THE DAY OF THE AUCTION. In addition, to qualify for a commission, the broker must attend the auction with the prospect. Commissions will be paid only if property closes. A commission on a property will be paid only to the first broker registering a prospect.

 
SPECIAL NOTE: Property is selling “as-is, where-is” with all faults and is selling subject to easements, leases, restrictions, covenants, conditions, zoning HOA and POA fees and all other matters which would be revealed by a current survey or an inspection of the property or which is contained in public records. Seller reserves the right to add or delete property, reject any bid unless selling absolute and/or cancel the sale. Contact auctioneer for deed type on individual properties. Information contained herein was obtained from sources deemed reliable.  The seller and their agents reserve the right to place bids on the property up to the seller’s reserve unless selling absolute at their sole discretion. The property will sell “as-is, where-is” with no warranty, expressed or implied, as to improvements, soil condition, environmental and wetlands, or zoning. No personal property conveyed with real estate unless denoted in contract. Neither the seller, John Dixon & Associates nor their agents will be responsible for any errors or omissions herein. Bidders should carefully verify all information and make their own decisions as to the accuracy thereof before submitting their bid. Purchaser or purchaser’s representative will acknowledge by signature of the Contract of Sale they have inspected the property. The terms of the Contract of Sale are controlling in the event of any perceived inconsistency between its terms and any statements in this brochure or other advertisement. Announcements made at the auction will take precedence over written matters.
 
 
Richard Dixon, Indiana Auction License #AU10500137; Thomas J. Tarpley, Licensed Mississippi Real Estate Broker and Mississippi Auction License #565; Thomas J. Tarpley, Licensed Texas Real Estate Broker and Texas Auction License #8158; Rick Levin & Associates, Inc., Licensed Real Estate Broker & Auctioneer
 
Accredited Auctioneer Real Estate aNAA Education Institute Auctioneers Association of North Carolina CCIM Institute Florida Auctioneers Association Georgia Auctioneers Association National Auctioneers Association Realtor.com
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