Property Address: 6120 East Thompson Road, Indianapolis, IN 46237
Bid your price to own 8.5 acres of commercial development ground at the intersection of two main traffic arteries, Thompson Rd. & Arlington Ave., with an approved PUD allowing use as C-1 & C-3. Bid your price to own this land adjacent to a CVS anchoring the corner of the development and Dollar General as a second.
Additional due diligence, approved PUD documents and Auction Terms can be downloaded below. To discuss the property or auction process, please reach out to Seth Seaton at email@example.com or (317) 450-6469.
Online Bidder Registration: To participate via our online bidding platform/mobile app you 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: 1) 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); 2) You will be required to remit the $10,000 down payment (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.
|General Property Details|
|Address||Intersection of Thompson Rd. & Arlington Ave. (NE Quarter)|
|Zoning||Planned Unit Development (individual lots approved for C-1 & C-3)|
|Lot Size||8.5 acres total|
|Frontage Area||550′ on Thompson Rd. / 540′ on Arlington Ave. / 300′ on Franklin Villas|
|Assessed Tax Value||$258,200 (2019 pay 2020)|
|Annual Taxes||$7,745.98 (2019 pay 2020)|
|Other Pertinent Data||Overall development anchored by CVS & Dollar General.|
|Potential to plat into 4-6 lots.|
|Most sale ready outlot is 1 acre of C-3 land on Thompson adjacent to CVS & Dollar General.|
|Acreage (estimated)||3.5 acres|
|Frontage Area||270′ on Thompson Rd. / 340′ on Arlington Ave.|
|Acreage (estimated)||3.25 acres|
|Frontage Area||280′ on Thompson Rd. / 200′ on Arlington Ave. / 300′ on Franklin|
|Acreage (estimated)||1.75 acres|
General Auction Terms
Required Down Payment: $25,000 cashier’s check prior to online registration being approved.
Total deposit to be increased to 10% of bid price within 3 days.
Closing Time: 30 days after auction (November 20, 2020)
Tax Administration: Prorated to date of closing.
10% Buyer’s Premium
Licenses: Seth Seaton: AU10900115 Auction Co: AC30900124
Seller: Thompson & Commerce Properties, LLC