($1-Bid) (No Reserve) 50’ X 80’ Sq Ft Residential City lot near Indiana Wesleyan University

Full Description

50’ X 80’ Sq Ft Residential City lot near Indiana Wesleyan University About Marion: 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. Property Description: Address: 520 1/2 E Swayzee St, Marion, IN 46952 Coordinates: 40.563828, -85.653464 Lot Size: 50’ X 80’ Sq Ft (0.09 Acers) Parcel ID: 27-07-05-202-168.000-002 County: Grant Seller/Owner: First Indiana Investments LLC Selling "As-is": The seller owns the property and will issue a quitclaim deed, making the winning bidder the sole owner of the real estate. Buyer pays = Winning bid +$500 for document processing + 10% of purchase winning bid as buyer premium. ($100 Min) Property Taxes: The buyer will assumes the property taxes (2025 pay 2026) due this year. These taxes are not due at the time of closing and can be paid directly to the county at the later time. The payment deadline is two business days after the auction ends. The winning bidder must email the seller the buyer’s name and address exactly as they wish it to appear on the deed, immediately after the auction. The seller will then send the necessary paperwork for signature along with payment instructions. It is the seller’s responsibility to record the deed with the county.