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Mousie’s Cafe & SFR’s in Connersville, IN

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Preview

Friday, November 8th
10am – 1pm (ET)

Live & Online Auction

Thursday, November 21st
10am (ET)

Auction & Registration Details

Property Address: 917 Western Avenue, Connersville, IN 47331

Mousie’s Cafe has been a Connersville institution since 1953. It is our pleasure to be able to offer it at auction to allow new owners to bid their price for the chance to bring new life to this retro bar and diner with as much character as it has history. At the same time, we will be offering a package of 2 houses and a vacant lot adjacent to Mousie’s parking lot. Bid your price to own this piece of Connersville history on November 21st at 10:00 AM.

Additional due diligence is available for download below. If you have additional questions, please contact Seth Seaton at sseaton@keyauctioneers.com or by calling/texting (317) 450-6469.

Onsite Bidder Registration: We will be at the auction site 1 hour before the auction begins. To register to be a bidder, please bring your photo ID and $5,000 deposit (per group). You can bring an executed copy of the auction terms or will have copies there for you to review and sign. 

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 info@keyauctioneers.com with your name or executing the Auction Terms in the documents below and returning them to Seth Seaton at sseaton@keyauctioneers.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/per group (in escrow) 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.

Mousie’s Cafe features a 3,430 square foot bar and restaurant building with an oversized parking lot. The bar, walk-in freezer and walk-in cooler will remain with the building. The property is 0.74 acre and has 70′ of frontage on Western Avenue and 140′ on Sycamore Street. The seating, kitchen equipment, beer signs & decor will be offered separately in an online-only auction which will end at Noon on November 21st to allow the real estate buyer the opportunity to bid on the pieces they want to keep with the property.

The single family homes and vacant lot at 906, 910 & 912 Sycamore Street will be offered as a package which will include 2 houses and a total of 0.40 acre. The houses are vacant and in disrepair. The property could be developed into multi-family housing with R-3 zoning or could serve as additional parking or a private/community garden.

                                                      General Property Details – Mousie’s Café
Addresses 917 Western Avenue, Connersville, IN 47331
914 & 926 Sycamore Street, Connersville, IN 47331
Zoning R-3 (Multi-Family Residential)
Parcel Numbers 21-05-24-309-009.000-003; 21-05-24-309-005.000-003; 21-05-24-309-004.000-003
Lot Size 0.74 +/- acre
Frontage Area 70′ on Western Avenue / 140′ on Sycamore Street
Building Size 3,430 square feet
Year Built 1952
Parking Lot Paved asphalt
Assessed Tax Value $83,600 (2019)
Annual Taxes $2,508.00 (2018 pay 2019)
Other Pertinent Data Storage shed for additional storage.
Walk-in cooler, walk-in freezer, exhaust hoods and bar to stay with property.  
                                                         General Property Details – 2 Houses
Addresses 906, 910 & 912 Sycamore Street, Connersville, IN 47331
Zoning R-3 (Multi-Family Residential)
Parcel Numbers 21-05-24-309-002.000-003; 21-05-24-309-014.000-003; 21-05-24-309-003.000-003
Lot Size 0.40 +/- acre
Frontage Area 120′ on Sycamore Street
Building Size 906 – Vacant; 910 – 916 SF (2 BD/1 BA); 912 – 1,984 SF (3 BD/1BA)
Year Built 910 – 1920; 912 – 1847
Assessed Tax Value $42,100 (2019)
Annual Taxes $891.00 (2018 pay 2019)
Other Pertinent Data Both houses vacant and in poor condition.
  912 has a concrete pad at rear of lot, formerly a garage/shop slab.

 

 General Auction Terms
Required Down Payment: $5,000 per property group, increased to 10% within 3 business days.
Closing Time: December 20, 2019
Tax Administration: November 2019 installment and past due paid by Seller from Closing.  Buyer to pay May 2020 installment and going forward.
10% Buyer’s Premium 

Licenses:  Seth Seaton: AU10900115      Auction Co: AC30900124
Seller: Kurz, Bunch and Vance Real Estate, LLC

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