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96
Slip Marina,
9 Condominium Units,
Acreage Tracts & More
Saturday,
October 12 - 10:00 A.M.
1200
West Second Street
Madison,
Indiana 47250
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Selling
ABSOLUTE
By
Order of The Federal Bankruptcy Court |
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SALES LOT # 1
13
Acres; Marina with 96 Slips - 60 Open, 36 Covered,
Size 30’ - 40’ - 50’; Average
Depth
10’; 70 Fresh Water Wells; Ship’s Store;
Fuel Dock with Gasoline & Diesel; 30 and
50 AMP Electricity; Water; Pump-out;
Restrooms; Launch Ramp, Transient Dockage
For Boats to 750 Feet.
SALES LOT # 2
10.325 Acres Future Development
East Side of Marina
SALES LOT # 3
5.5
Acres Additional Development
Offered in Tracts, Combinations, & In Its Entirety
SALES LOT # 4
9 Condominium Units: Luxury Units - 1700+ square feet, 3 Bedroom, 2 Bath, Custom Kitchen, 1 Car Garage and Spectacular View of Ohio River. Penthouse Units - 2,000+ square feet, 3 Bedroom, 2 Bath, Spacious Master Suite and Bath. Bath features Large Garden Tub and Separate Shower, Lavish Custom Kitchen, 2 Car Garage, and Spectacular View of Ohio River.
Offered in Separate Units, Combinations, & In Its Entirety
SALES LOT # 5
Boat Marine Waste Pump
SALES LOT # 6
15-ton Travel Lift
SALES LOT # 7
Portable Marine Waste Pump
SALES LOT # 8
Office Equipment:
Reception desk, 3 Metal file cabinets-4 drawer, 1 File cabinet-2 drawer, Corner keyboard desk, 2 Table desks, 2- 4 shelf book cases, 3 office guest chairs, 3 office chairs, 1 metal desk, dining table with 6 chairs, 1 refrigerator, 1 microwave, 1 coffee pot, 1 wood anchor, 2 folding conference tables, Panasonic copier (leased), Phone system with 5 phones, Television , Radio, 2 Calculators
Sold As One Lot
SALES LOT # 9
Miscellaneous: Lights, 6-type R bath fan lights, 6- type m-1 century lights, 3 type V vanity lights, 9-type N-1 dining, chandelier, 81 Can light inserts , 11-type O ceiling lights for hall & bedroom, 7 Type P-4' florescent lights, 4 Type T-1 lights, 10- 4' florescent bulbs, 9- screen doors for patio's, 3- breaker box covers, 3-unit door frames, 3- steel interior door windows, 3 unit free exit doors, 3- unit entry base plats
Sold As One Lot
A MARINA AND
MORE: Located on the Ohio River in Historic Madison, Indiana, Rivercrest Marina offers an unsurpassed boating experience. At
Rivercrest, you can get away from the big city and onto the water, and enjoy the picturesque charm of more than 130 blocks straight out of the National Historic Register. Rivercrest Marina is a full-service, protected harbor marina with 125 wet slips and dedicated slips for transients. This state-of-the-art harbor features the very best floating docks, including a large number of covered slips, and can accommodate boats up to 70 feet.
FROM PAST TO
PRESENT: Rivercrest Condominiums, overlooking the Ohio River, offer the best of both old and new Madison. At
Rivercrest, you will live within Madison's Historic District with its array of shops, restaurants, and nightspots. These condominiums are newly constructed residences with large, spacious floor plans and beautiful views of the river. Six luxury units offer three-bedroom, two-bath units (approximately 1700 square feet) with a one car garage. Three penthouse units offer three-bedroom, two bath units (approximately 2,000 square feet) with a two-car garage.
FIRST-CLASS
AMENITIES:
Located on the western edge of downtown Madison, Rivercrest is within walking distance of the Madison Country Club. The club provides first-class golf, tennis, swimming, and dinning - all this in addition to the wineries, antique and specialty shops, and restaurants tucked into century-old buildings in the nearby downtown district.
A MIDWEST
MASTERPIECE: "Best Of The Midwest" is the description used to describe Madison, Indiana. Declared "Prettiest Small Town" in 1998 by the Ladies Home Journal and "Best Preserved Town" in 1997 by the Chicago Tribune, Madison is an ideal getaway from the big city. Settled in 1809, Madison was a major river port and supply town outfitting pioneers moving into the Northwest Territory. A great deal of the original architecture is still in place for tourist and residents to enjoy.
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LOCATION: Rivercrest Marina and Condominiums are located in Historic Madison, Indiana, on the north bank of the Ohio River at mile 557.6, 46 miles upstream from Louisville, Kentucky, and 88 miles downstream from Cincinnati, Ohio.
DIRECTIONS: By highway, Rivercrest Marina and Condominiums in Madison are 90 miles from Indianapolis the state capitol, 55 miles from Louisville. By air, the altitude is 815 feet above sea level on runway 213 or 3, with a heading of 210 or 030. Runway = 4400' x 75' - adequate for small business jets and most turboprops.
VOR/DME and NDB instrument approaches. By highway from the Ohio/Kentucky side, take Interstate 71 to Sligo exit. Travel east on Route 42 to Bedford, Kentucky, then take Route 421 north to Madison, Indiana. From the Indiana side, take Interstate 65 north to Scottsburg, Indiana, then Highway 56 to Madison.
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For a
map to this property click link below.
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maps.expedia.com |
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TERMS AND CONDITIONS
AUCTION: Held on site. There will be introductions and a explanation of the auction process and terms. All announcements made at the suction will take precedence over printed, advertised, or oral information.
REGISTRATION: Although there is no obligation to bid, all prospective buyers must register at the auction site. Registration will begin one hour prior to sale on the date of auction.
TERMS:
Real
Estate: 15 % down day of sale, balance with deed within 30
day or less. Personal Property: Cash or good check day of
sale. 6% sales tax charged on all applicable items. 10 %
Buyer's Premium.
TAXES: 2002 Real Estate Taxes will be prorated between the buyer and seller.
POSSESSION: Date of deed.
CLOSING REAL ESTATE: The balance of the purchase price will be due and payable at closing. Closing can be scheduled as soon as possible but in no event shall the closing date be later than 30 days after the auction.
CONDITIONS OF SALE: The property will be sold "as is, where is" without expressed or implied warranty. All information was derived from sources believed to be correct, but is not guaranteed. Buyers shall rely on their own information, judgment, and prior inspection of the property and records. All announcements made at each auction shall take precedence over any previously printed material or any other oral statements made. Seller will furnish good and marketable title to property.
BROKER PARTICIPATION: We welcome broker participation of other real estate professionals in this important auction. A fee equal to 2% of the top price will be paid from the auctioneer's commission to any licensed real estate broker of sales person whose prospect successfully closes on the property. To qualify for payment of commission, your prospect must be registered with RE/MAX Group Auctioneers 48 hours prior to the sale, the broker or sales person must attend and register his or her prospect the day of the sale, and must be present at the signing of the sales contract.
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Internet
Bids
Online bids will be accepted at www.BidRealEstate.com
at
any time prior to the auction
and throughout the
on-site bidding
process. |
BROKER
PARTICIPATION
We
welcome broker participation of other real estate
professionals in this important auction. A fee equal to 2%
of the top bid price will be paid from the auctioneer's
commission to any licensed real estate broker or sales
person whose prospect successfully closes on the property. |
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