Property Addresses: 4604 E. 16th St., Indianapolis, IN 46201
This property features over 4,000 square feet, (2) 12′ overhead doors & 3-phase power. The property is ideal for a small contractor, auto/tire shop or property management group who is looking to find a Central Eastside location in Indianapolis. You also have easy access to the interstate, as this property is just over a mile from the Emerson Ave. exit on I-70.
Online Bidder Registration: All auction bidders who want to participate via our online bidding platform must be registered and approved to bid by Key Auctioneers. All bidders will be subject to fulfilling the following requirements (same as onsite bidders) prior to being approved to bid. Bidders must execute the Auction Terms. You can do so by requesting a Docusign copy of the Auction Terms by emailing firstname.lastname@example.org with your name or executing the Auction Terms in the documents below and returning them to Seth Seaton at email@example.com, along with a copy of a Government-issued Photo ID for the individual registering. You will be required to remit the $5,000 down payment before you will be able to bid. Deposits will be returned within 2 hours of the auction ending if you were not the winning bidder.
For more information, see the property details and due diligence documents available for download below. If you have additional questions or inquiries, please contact Seth Seaton at firstname.lastname@example.org or (317)450-6469.
|General Property Details|
|Address||4604 E. 16th St., Indianapolis, IN 46201|
|Lot Size||0.14 acre|
|Frontage Area||40′ on 16th Street|
|Building Size||4,040 square feet (Shop = 3,600 + Storage Mezzanine = 440)|
|Construction Type||Concrete Block Masonry|
|HVAC Type||Ceiling-suspended heat|
|Clear Ceiling Height||12′|
|Parking||Parking in front & rear of building.|
|Assessed Tax Value||$55,200 (2018)|
|Annual Taxes||$1,716.10 (2018 pay 2019)|
|Other Pertinent Data||(2) Overhead Doors – 12′ tall x 10′ wide|
|3 Phase Electric Service & Air lines run through building.|
|Small office an restroom.|
General Auction Terms
Required Down Payment: $5,000 on auction day (or to be approved online), increased to 10% within 3 business days.
Deposit Return Policy for Non-Winning Bidders: Deposit returns will be initiated via ACH within 2 hours of the end of the auction in addition to an confirmation email.
Closing Time: 30 days after the auction.
Tax Administration: Prorated to date of closing.
10% Buyer’s Premium
Licenses: Seth Seaton: AU10900115 Auction Co: AC30900124
Seller: Multiple Sellers