Website Overview:

🏡 Exciting Online Auction: Premier Commercial and Residential Properties in Bloomington, IN

Discover an unparalleled opportunity with two prime tracts on offer, nestled along the vibrant corridor of W. State Road 46 in Bloomington, Indiana. Whether you're looking to expand your commercial footprint or invest in a versatile property with a plethora of commercial possibilities, this auction caters to all. With the online auction concluding on May 15, 2024 @ 6 pm EDT, seize the chance to bid on these properties individually or combined, presenting a rare 1 acre +/ commercial lot on a high traffic major Indiana highway.

Preview Dates:

• April 21st @ 1 pm
• April 29th @ 5 pm
• By Appointment

Tract 1: Southern Indiana Collision & Customs

• A staple in the automotive repair industry
• 4,940 sq. ft. building on approx. 0.5 acre
• Extensive road frontage
• Custom automobile body shop, office space, and versatile shop areas
• Ideal for businesses seeking a well-established location in a growing community

Tract 2: Versatile Residential or Commercial Property

• Freshly renovated two-bedroom, one bathroom home
• New roofing, siding, windows, and more
• Ideal for residential comfort or commercial repurposing
• Approx. 0.5 acre of land with significant road frontage

Key Dates:

• Auction Ends: May 15th @ 6 pm EDT
• Preview Dates: April 21st @ 1 pm, April 29th @ 5 pm, or By Appointment

Individual Description Options:

Tract 1: Southern Indiana Collision & Customs

• Prime Commercial Property in Bloomington, Indiana
• Located at 5685 W. State Road 46 in Ellettsville
• 4,940 sq. ft. concrete block structure
• Office area, two restrooms, kitchenette, and substantial shop area
• Approximately 240' of road frontage on Indiana State Highway 46 W
• Ideal for businesses seeking a strategic location in a bustling area

Key Features:

• Comprehensive shop and office space
• Strategic location with high traffic count
• Versatile for various business opportunities

Tract 2: Versatile Residential/Commercial Opportunity

• Newly Renovated Home with Commercial Potential
• Situated at 5675 W. State Road 46 in Ellettsville
• Freshly renovated two-bedroom, one bathroom home
• New roofing, siding, and modern finishes
• Potential for commercial use
• Close proximity to downtown Bloomington and IU campus

Key Features:

• Extensively renovated with modern finishes
• Potential for commercial use
• Close proximity to downtown Bloomington and IU campus

* Personal Property auction including items from this property will be listed soon! 

* Gas pump not included with property

Auction Links:

• Bidder's Packet

• Bidding Link 

• Interactive Map

• Terms & Conditions

• Bid Certification

• Sample Contract

• Realtor Client Registration - Shop

• Realtor Client Registration - House

5675 and 5685 W. State Road 46 
Bloomington, Indiana 47404 

Legal Description 

Tract 1 - 009-02890-00 PT NW 14-9-2W & PT SW 11- .49A; PLAT 74A See 009-02890-99 For part lot in11-09-2W 

Tract 2 - and 009-04480-00 PT NW NW 14-9-2W .323A & .323A 

• The property will be sold at Public “Online - Internet Auction”, ending Wednesday, May 15, 2024 @ 6:00pm ET 
• The property will be sold subject to seller’s confirmation (sells with reserve). 
• Property sells As-Is with no warranties expressed or implied 
• The auction is Subject to prior sale (the property can be purchased prior to the end of the auction) 
• The seller reserves the right to cancel the auction at any time prior to the final bid closing 
• Buyer’s Premium An 11% buyer’s premium will be added to the final bid and charged to the buyer, the final bid plus the 11% Buyer’s premium will establish the final sales price. 
• A down payment of $10,000.00 (Per Lot) must be paid by the successful bidder by direct wire transfer within 24 hours of acceptance of the auction contract by the sellers. Down payment will be payable to John Bethell Title Co. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before July 1, 2024 
• A promissory note will be signed along with the down payment. 
•  
• Final closing is NOT contingent upon financing. 
• The property will be conveyed by a General Warranty Deed 
• The seller agrees to furnish buyer(s) with an owner’s policy of Title Insurance Policy at closing. 
• Real Estate Taxes: the taxes will be paid by the seller and prorated to the day of closing. 
• Closing: Closing shall take place at the office of: John Bethell Title Co – 2626 S. Walnut Street, Bloomington, IN 47401 
• Closing fee will be paid by the buyer. 
• Closing will be held on or before July 1, 2024 
•  
• Possession will be granted on or by July 3, 2024 6:00pm EDT 
• A $250.00 Broker Admin fee will be paid by the buyer of each tract at closing 
• The successful Bidder shall execute electronically an “Auction Real Estate Sales Contract” for the property immediately after being declared the Successful Bidder by the Auctioneer. 
• Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due diligence concerning the property. Further; Property sells as-is with no warranties expressed or implied 
•  
• JDC Group, INC dba United Country Coffey Realty & Auction and their representatives are exclusive agents of the Seller. 
• All announcements made up to the final close of the Auction bidding take precedence over all advertising, oral or printed material. 
• All information was gathered from reliable sources and is believed to be correct as of the date this brochure is published; however, the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on ad are for representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the sellers or auctioneer to update this information. 

SALE SITE: Internet Only 

VIEWING INSTRUCTIONS: April 21st @ 1pm, April 29th @ 5pm, or By Appointment 

The viewing of the property will be at the viewer’s own risk. The Seller, Auctioneer nor the Listing Agency may not be held responsible for accidents. 

For questions call or text Cody Coffey (812) 360-8383 or Jimmie Dean Coffey (812) 360-6005 or at United Country Coffey Realty & Auction (812) 822-3200 office