Real Estate Auction Roundup

By William Flood 

 Illinois

Aledo - On May 21, Merit Auctions presented a ranch home on a large double lot. The 1998 built, 3-bedroom/2 ½ bath home was across from the Mercer County elementary and middle schools. It was outfitted with a 2-car attached garage, mostly-finished full basement, Generac 20kW whole-house generator, and gas log heat stove in the living room. Multiple updates in the last two years included a new roof and carpet. The property sold for $180,000.

Sesser - Joe Ollis Real Estate & Auction hosted an online-only auction of a one-story frame fixer-upper on May 21. The 964-square-foot 2-bedroom/1-bath home was built in 1920 and had aluminum siding, shingle roof, gas forced-air heat, electric water heater, and public water/sewer. While needing complete renovation, it was a good candidate for a first-time buyer or investor, with a functional floor plan that included an unfinished basement for additional space. The level 0.24-acre lot was fenced and had a 1-car detached garage. It sold for $28,250.

Indiana

Salem - Beckort Auctions held an online-only auction on May 28 of 15+ acres with a stone ranch home across the road from Western Hills Golf Course, offered in 3 tracts. Tract 1 consisted of 4+/- acres with a recently remodeled 2,076-square-foot, 4-bedroom/2-bath stone home featuring a walkout basement, 32 by48-foot detached garage/workshop, newer LP forced-air furnace with owned 1,000-gallon tank, central AC, and a one-year home warranty. The property was mostly open with some mature shade trees and a pond. Tract 2 had 5+/- acres with approximately 469 feet of frontage on Mt. Tabor Road. Located across from the golf course and with utilities available, it offered excellent building potential. Tract 3 was 6.29+/- acres with approximately 940 feet of frontage on Mt. Tabor Road, also across from the golf course, with utilities available, and strong building potential. Tract 1 sold for $305,000, Tract 2 for $70,000 ($14,000/acre), and Tract 3 for $70,000 ($11,129/acre).

South Whitley - On May 21, Schrader Real Estate and Auction held an online-only auction for a turnkey car wash business known as the Clearwater 24-Hour Car Wash. The facility featured a touchless, automatic system with one automatic drive-through bay and two self-serve bays, as well as vacuum islands and product dispensers. The bays operated via cash or credit. Housed in a good-condition block building, the property included a small office and restroom connected to a mechanical room containing the boiler, water heater, electronic equipment, and a newer soft water system. The current manager was willing to remain in place at the facility. The business sold for $195,040.

Kentucky

Crofton - Harris Real Estate & Auction held an absolute auction on May 29 of 25.81 acres with a home and outbuildings, offered as 5 tracts. Tract 1 was 3.01 acres. Tract 2 had 6.64 acres with a pond. Tract 3 included 7.80 acres with a two-bedroom/two-bath home, a five-bay equipment shed/garage, and a large livestock barn. Tract 4 held 4.90 acres and Tract 5 was 3.46 acres. Tracts 1 and 2 sold combined for $125,000 ($62,500/acre); Tract 3 sold for $160,000; and Tracts 4 and 5 sold for $105,000 ($52,500/acre).

Hartford - On May 14, Kurtz Auction & Realty auctioned 124.78 acres of timber/recreation land, originally consisting of three tracts, but sold as a single parcel. The property offered 3,113 feet of frontage on Rough River and was accessible via an old county road off Highway 69. The land was in mature timber, primarily oak and poplar. No mineral rights were conveyed. The parcel sold for $549,032 ($4,400/acre).

Michigan

Grand Junction - Miedema’s LastBid Real Estate auctioned a 5-acre parcel planted in organic blueberries on May 13. Planted equally with Jersey and Bluecrop varieties, it was a productive agricultural site or could serve as an excellent home location. The property included a 24-by-32-foot pole barn with two 9-by-8-foot overhead doors and electricity with a dedicated meter. There was no well on the parcel. It sold for $47,500 ($9,500/acre).

St. Charles - On May 13, Wegner Auctioneers offered a 0.6-acre commercial parcel located just outside of town. The parcel was improved with a 50-by-100-foot pole building with a concrete floor and a 30-by-60-foot pole building with five currently rented bays. It sold for $107,500.

Ohio

Caldwell - Kaufman Realty & Auctions held an absolute auction for 102 acres offered in two tracts. The property was primarily wooded with some open fields and featured a pipeline clearing along the western boundary and good road access extending to the property line. The elevated terrain provided excellent vistas. All hunting blinds and stands transferred to the buyer. Tract 1 comprised 58.66+/- acres of wooded recreational land. Tract 2 was 44+/- acres of both wooded and open land, featuring a hunting blind and a flood plot. The two tracts sold together for $460,000 ($4,510/acre).

Minerva - On May 17, KIKO Auctioneers presented in three tracts, a 113-acre “hideaway” farm, half tillable, half wooded with a home, barns, and other buildings. Mineral rights were not conveyed. Tract 1 included 60.3+/- acres with a two-story, 3-bedroom/1-bath home with an attached garage, LP gas heat, and a wood stove. It also had a 40-by-104-foot finished pole barn with in-floor heat, two overhead doors, and 200-amp electric service, plus an older 30-by-100-foot pole barn with a dirt floor and a 15-by-84-foot lean-to. Also onsite were several smaller sheds and a small cabin with a wood stove. The land was mostly tillable with woods to rear, with lake site possibilities. Frontage was on Ridge Road, with a driveway easement for access. Tract 2 had 24.5+/- acres with an older 3-bedroom/2-bath mobile home and a finished two-car garage. It offered two good fields and plenty of woods and wildlife. Frontage was on Major Road with a driveway easement for access. Tract 3 was approximately 28.9 predominantly wooded acres with a field in the front and lake site possibilities. An owned driveway to Ridge Road was shared with the other parcels. Tract 1 sold for $630,135, Tract 2 for $237,160, and Tract 3 for $238,425.