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Developments Lots in Plainfield, IN

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Live Auction (Online Bidding Available)

Wednesday, November 28th
1:00 PM (ET)

Auction Details

Property Address: 5561 & 5675 Cambridge Way, Plainfield, Indiana 46168
Auction Location: Key Office – 5520 S Harding Street, Indianapolis, IN 46217

Bidder Registration:  All auction participants must be registered and approved to bid by Key Auctioneers.  All bidders will be subject to fulfilling the following requirements prior to being approved to bid. Bidders must execute the Auction Terms and return them to Seth Seaton, sseaton@keyauctioneers.com, along with a copy of a Government-issued Photo ID for the individual registering.

Due Diligence: In addition to the documents posted below, the following documents will be available upon request; Preliminary Title Commitment and Purchase Agreement which the high bidder will be required to execute upon conclusion of the auction.  Requests for these documents can be sent to Seth Seaton at sseaton@keyauctioneers.com or by calling our office at (855)353-1100.

Address 5561 & 5675 Cambridge Way, Plainfield, Indiana 46168
Zoning GC (General Commercial)
Parcel Numbers 32-15-01-477-001.000-012; 32-15-01-477-002.000-012;                            32-15-01-477-003.000-012
Lot Sizes 5561 – 1.04 AC; Common Area – 0.99 AC; 5675 – 1.5 AC
Frontage Area 720′ on Cambridge Way (Total amongst all 3 parcels)
Traffic Count (Avg. Daily) Hwy 267 – 28,027; Perry Rd. – 11,689  (2017 per INDOT Traffic Count Database System)
Assessed Tax Value $5,100 (2017 pay 2018)
Annual Taxes $114.78 (2017 pay 2018)
Other Pertinent Data 0.5 mile from I-70 & Hwy 267 interchange (Exit 66)
  Monument Signage on Hwy 267 for the Plainfield Business Center
  Less than 5 miles from the Indianapolis International Airport
General Auction Terms
Required Down Payment $25,000 cashier’s check, brought up to 10% within 3 days.
Closing Time 30 days (December 28, 2018)
Tax Administration No Proration.  Buyer’s first tax liability to be May 2019 installment.
Buyer’s Premium 10%

Licenses: Seth Seaton: AU10900115 Auction Co: AC30900124
Seller: Opus Development Co. 

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