9294 W 950 N Middletown, IN - Burgess Auctions LLC

9294 W 950 N Middletown, IN

Lot Number:1
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Start Time:11/21/2025 3:00:00 PM
Bid Count:0
Current High Bidder:
Starting Bid:$250,000.00
Bid Increment:$2,000.00
Estimate:$450,000.00
Current Bid:$250,000.00
Watching:0
Bed:3
Bath:2
Square Footage:2,500

A Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.

Buyers Premium (based on winning bid amount): 10%

 

IMPROVED REAL ESTATE

Property Address: 9294 W County Road 950 N, Middletown, IN 47356
Legal Description: PT W1/2 NE1/4 25-19-8 12.741A
Parcel ID: 003-00538-00
Total Acreage: 12.74 Acres
County: Henry County, Indiana
Township: Fall Creek Township


PROPERTY OVERVIEW

A well-maintained country estate featuring a 2,548 square foot home with substantial outbuildings on 12.74 acres of prime Henry County land. This property offers the perfect blend of comfortable living space, functional workshop facilities, and usable acreage in the desirable Fall Creek Township area. The property showcases beautiful fall colors and scenic rural views with mature evergreens and hardwoods throughout.


THE HOME

Year Built: 1960
Style: 1.5-Story Traditional American
Total Living Area: 2,548 Square Feet

  • Main Floor: 1,524 sq ft
  • Upper Floor: 1,024 sq ft
  • Full Basement: 1,024 sq ft (unfinished)

Room Configuration:

  • 3 Bedrooms (1 main floor, 2 upper level)
  • 2 Full Bathrooms (1 main, 1 upper)
  • Living Room: 13' x 17'
  • Family Room: 27' x 19'
  • Formal Dining Room: 15' x 13'
  • Kitchen: 15' x 12' with eating area
  • Laundry Room: 9' x 11' on main floor

Interior Features:

  • Updated vinyl plank flooring in main living areas
  • Vinyl flooring in kitchen
  • Hardwood in laundry room
  • Carpet in bedrooms
  • Fireplace in living area
  • Good natural light throughout
  • Functional floor plan with main floor bedroom option

Heating & Cooling:

  • Geothermal system - energy-efficient forced air heating and central electric cooling
  • Significantly lower utility costs compared to conventional systems
  • Environmentally friendly operation

Foundation & Exterior:

  • Block foundation with full basement
  • Aluminum siding exterior
  • Traditional architectural style
  • Covered front porch
  • Mature landscaping with shade trees

OUTBUILDINGS

Bank Barn:

  • 1,200 square feet (approximately 30' x 40')
  • Classic bank barn design built into natural grade
  • Metal siding with distinctive peaked roof
  • Multi-level construction utilizing hillside
  • Electric service available
  • Drive-in access on main level
  • Perfect for equipment storage, workshop, agricultural use, or hobbies
  • Ample height clearance and multiple access points
  • Traditional "Shay's Barn" signage
  • Excellent condition for age and style

4-Car Detached Garage:

  • 1,200 square feet
  • Multiple overhead doors
  • Excellent for vehicle storage or additional workshop space

Total Outbuilding Space: 2,400 square feet


THE LAND

Acreage: 12.74 acres (554,998 sq ft)
Topography: Rolling terrain with natural grade changes (ideal for bank barn construction)
Character: Beautiful mature evergreen and hardwood trees throughout with open usable areas

Features:

  • Private well water system
  • Septic system
  • Good county road access with paved driveway
  • Natural drainage utilizing terrain
  • Scenic rural views with excellent privacy
  • Neighboring farmland and rural homes
  • Ample space for livestock, gardens, recreation, or future expansion
  • Wooded areas and open pasture/lawn areas

Potential Uses:

  • Family homestead
  • Hobby farm (animals, gardens, orchards)
  • Workshop and craftsman space
  • Recreational property
  • Investment opportunity
  • Additional building sites available

LOCATION

School District: Shenandoah School Corporation

  • Shenandoah Elementary, Middle, and High Schools

Convenient to:

  • Middletown: 3 miles
  • New Castle: 10 miles
  • Anderson: 20 miles
  • Indianapolis: 45 miles

Peaceful country setting with easy access to local services and larger communities. This property offers true country living without isolation, surrounded by working farms and rural residences.


UTILITIES & INFRASTRUCTURE

  • Water: Private well
  • Sewage: Septic system
  • Electric: Connected and active
  • Heating: Geothermal (electric)
  • Access: Paved county road frontage with concrete driveway and good year-round access

ASSESSMENT & TAXES

2024 Assessed Value: $286,700

  • Land: $55,700
  • Improvements: $231,000

2024 Annual Taxes: $2,026 (semi-annual payment: $1,013)

Tax Responsibility:

  • Seller has paid 2025 taxes due November 2025
  • Buyer responsible for 2025 taxes due May 2026 and all subsequent taxes

CONDITION & INSPECTION

This property is being sold "AS-IS, WHERE-IS" with no warranties.

Available for Review:

  • Professional home inspection report (2024)
  • Lead-based paint disclosure (home built 1960)
  • Property disclosure statement
  • All documentation available in bidder information packet

Showings: Available by appointment through Jason Snider at (317) 507-1692 or preview on auction day starting at 8:00 AM.


PROPERTY HIGHLIGHTS

12.74 acres of prime Henry County land
2,548 sq ft home with 3 bedrooms, 2 full baths
Classic bank barn - 1,200 sq ft with multi-level design
4-car detached garage - additional 1,200 sq ft
Energy-efficient geothermal heating and cooling
Private setting with mature evergreens, hardwoods, and scenic views
Rolling terrain with natural beauty and usable acreage
Excellent location in Fall Creek Township
Top-rated schools in Shenandoah School District
Multiple uses - residential, hobby farm, workshop, or investment
Ready for your vision - solid property with great potential


AUCTION DETAILS

Date: Saturday, November 22, 2025
Time: 10:00 AM
Location: On-site at 9294 W County Road 950 N, Middletown, IN 47356

Bidding Options:

  • Live on-site - Register starting at 9:00 AM
  • Online via simulcast internet bidding - Pre-registration required

Opening Bid: $250,000
Buyer's Premium: 10% added to winning bid
Sale Type: Subject to owner confirmation

Example: Winning bid of $275,000 + 10% buyer's premium = $302,500 total offer to purchase


CONTACT INFORMATION

Real Estate Agent:
Jason L. Snider, Licensed Realtor
J. Snider Real Estate | License #RB14045952
Phone: (317) 507-1692
Email: [email protected]

Auctioneer:
Zack Burgess, CAI, AU19600029
Burgess Auctions LLC
Office: 765-445-7814 | Mobile: 317-508-5973


This well-maintained country estate offers comfortable living, a classic bank barn, and beautiful rolling acreage in a desirable Henry County location. Whether you're seeking a family homestead, hobby farm, or workshop paradise, this property provides an excellent foundation for your dreams.

No donations for this lot

Notice:

This is a simulcast auction. You can bid online or in-person @ our auction house.

We'll open simulcast console 15 - 30 min before the auction begins. Once the console is open, you'll see:

If you would like to attend the simulcast, please click on the "Enter Auction." It'll take you to a different screen.

Once you are in the Simulcast console, you can view the lot details by clicking the lot picture with "i" under "Current Lot."

 

If you are unable to attend the simulcast, you may use "Prebid Now" button:   . This is essentially for leaving absentee bids. This button will be disabled when it's turn for live bidding. You are NOT actively placing bid by utilizing this button.

 

Simulcast Chat feature:
1) We are unable to place bids on behalf of you through this feature. Please do not tell us your bidding amount.
2) If there is a significant error, please call us rather than utilizing this chat feature. We'll do our best, but depending on who is 
operating the clerk (a person who enters the data into our system) machine or how busy catching bids, we are unable to reply. Our phone # is: (765)445-7814.

AUCTION TERMS AND CONDITIONS

9294 W. County Road 950 N., Middletown, IN. 47356

Saturday, November 22, 2025 • 10:00 AM


BURGESS AUCTIONS "Trusted Auctions, Timeless Results"

AUCTION FORMAT

Live Auction with Simulcast Internet Bidding

• On-site bidding at property location

• Real-time online bidding platform available

• Internet bidding opens 24 hours prior (Thursday, November 22, 2025, at 10:00 AM)

• Opening Bid: $250,000

REGISTRATION REQUIREMENTS

Live Bidders

• Registration begins at 9:00 AM on auction day

• Valid photo identification required

• Bidder numbers assigned at check-in

Internet Bidders

• Pre-registration required online

• Valid photo identification and credit card verification

• Stable internet connection required

DEPOSIT AND PAYMENT TERMS

A 10% ten-percent buyer’s premium will be added to the final bid price, to determine the final offer to purchase price.

Down Payment

• Amount: $25,000 (Twenty-Five Thousand Dollars)

• NON-REFUNDABLE under all circumstances

• Payment Method: Wire transfer to Fidelity National Title

• Due Date: Monday, November 24, 2025

Balance Payment

• Amount: Total purchase price minus $25,000 deposit

• Payment Method: Certified funds or wire transfer at closing

• Closing Deadline: (by January 6, 2026)

• Cash buyers may close within 1-2 weeks

PROPERTY CONDITION

AS-IS SALE

• Property sold in current condition "AS-IS, WHERE-IS"

• No warranties, guarantees, or representations regarding:

o Condition or habitability

o Fitness for any particular purpose

o Compliance with codes or regulations

o Systems functionality

INSPECTION ACCEPTANCE

• Buyers acknowledge having full opportunity to inspect property

• All defects accepted, whether known or unknown, visible or latent

• No repairs will be made by seller prior to closing

FINANCING AND CONTINGENCIES

NO CONTINGENCIES

• No financing contingencies - buyer must close regardless of loan approval/denial

• No inspection contingencies

• No appraisal contingencies

• No sale of other property contingencies

Financing Responsibility

• Buyers responsible for arranging all financing prior to auction

• Failure to obtain financing does not excuse buyer performance

• Cash purchases encouraged for faster closing

TAX RESPONSIBILITY

Seller's Obligation

• Seller has paid 2025 real estate taxes due in November 2025

• Seller current on all tax obligations through November 2025

Buyer's Obligation

• Buyer responsible for all taxes due after November 2025, including:

o 2025 taxes due in May 2026

o All subsequent annual tax payments

o Any special assessments levied after closing

No Tax Proration

• No proration of taxes between buyer and seller

• Clear division at November 2025 payment date

TITLE AND CLOSING

Title Requirements

• Title Company: Fidelity National Title

• Seller provides owner's title insurance policy

• Property conveyed free and clear of liens (except standard easements)

• Deed Type: General Warranty Deed

• Recording: At buyer's expense

Closing Costs

Seller Pays:

• Owner's title insurance premium

• Standard transfer taxes and recording fees

• Costs to cure any title defects

Buyer Pays:

• All loan-related costs and fees

• Recording fees for buyer documents

• Property survey (if required)

• Homeowner's insurance

• Attorney fees and closing costs

• Additional title insurance for lender

DEFAULT PROVISIONS

Buyer Default

If buyer fails to complete purchase, provide required documentation, or meet obligations:

Consequences:

• Seller retains $25,000 deposit as liquidated damages

• Seller may pursue additional legal remedies

• Seller may resell property

• Buyer liable for deficiency and additional costs

Seller Default

If seller cannot convey clear title:

• Buyer's sole remedy is return of deposit

• No further obligations for either party

AUCTION DAY PROCEDURES

Bidding Process

• Auctioneer conducts live bidding on-site

• Simultaneous internet bidding accepted

• Bidding increments determined by auctioneer

• Highest bidder becomes purchaser upon seller’s acceptance

Purchase Agreement Execution

• Winning bidder signs purchase agreement immediately

• Terms non-negotiable and binding upon execution

• Time is of the essence for all deadlines

PROPERTY DISCLOSURES

Lead-Based Paint

• Property built in 1960 (prior to 1978)

• Federal lead-based paint disclosure provided

• Buyer acknowledges receipt of required pamphlet

Property Knowledge

• All known property information disclosed

• Buyers accept property with all known and unknown defects

LEGAL PROVISIONS

Governing Law

• Agreement governed by Indiana real estate law

• Henry County jurisdiction for disputes

Assignment

• Purchase agreement may not be assigned without written consent

Modifications

• Agreement may only be modified in writing signed by all parties

Entire Agreement

• These terms constitute complete understanding

• No verbal agreements or representations binding

BIDDER ACKNOWLEDGMENTS

By participating in this auction, bidders acknowledge:

• Having read and understood all terms and conditions

• Understanding that a 10% buyer's premium will be added to the winning bid

• Understanding the non-refundable nature of the deposit

• Accepting AS-IS condition with no warranties

• Having adequate opportunity to inspect the property

• Understanding all financing must be arranged independently

• Agreeing that time is of the essence for all obligations

CONTACT INFORMATION

Real Estate Agent:

Jason Snider, Licensed Realtor

J. Snider Real Estate License: RB14045952

Phone: (317) 507-1692

Email: [email protected]

Auctioneer:

Burgess Auctions LLC

Zack Burgess CAI, AU19600029

45 W Carey St

Knightstown, IN

Office: 765-445-7814

Mobile: 317-508-5973


Title Company: Fidelity National Title


IMPORTANT NOTICE

This auction represents a binding sale upon acceptance of winning bid. The $25,000 deposit is NON-REFUNDABLE under all circumstances except seller's inability to convey clear title.

All bidders participate at their own risk and expense. These terms are non-negotiable and become binding upon participation in the auction.



"Integrity in Every Lot. Care in Every Sale."

BURGESS AUCTIONS

Trusted Auctions, Timeless Results

9294 W County Road 950 N
Middletown, Indiana 47356
United States