12477 Big Indian Road, Callisburg Texas
Lot Number:1
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End Time:7/9/2024 6:00:00 PM
Bid Count:1
Current High Bidder:S****r
Starting Bid:$500,000.00
Bid Increment:$250.00
Current Bid:$500,000.00

A 10% 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.

12477 Big Indian Road, Callisburg Texas

There are no bids for the lot at this time

No donations for this lot

SELLING AT ONLINE AUCTION! A 20 Acre Ranchette in a Prime Location!

12477 Big Indian Road, Callisburg TX 76240

OPEN HOUSE on Sunday, June 23rd and 30th and July 7th from 2 pm to 4 pm. 

Shown by appointment only

Directions: From I 35 and State Hiway 82 in Gainesville go east approximately 8 miles to Big Indian Road (678) then north approx. 2.5 miles. Or, go south of  Thrasher Rd in CallisburgWatch about 1/4 miles on Big Indian Road. Watch for signs! 

Auctioneers Note:  The owner has recently closed one of his businesses and will be moving away to start a new chapter! He has decided to offer this property at auction and it will be sold subject to seller confirmation 

The value shown is STARTING BID ONLY, not a reserve. 

For sale at online auction is this 2,160 sq. ft. spacious and beautiful 3 bd 2 bth ranchette barndominium sitting on 20 pristine acres.  The house has a large primary suite and bath as well as a huge full entry closet. There are also two bedrooms with a dual entry bathroom in between.  Also featured is a large open kitchen area with oak cabinets, hardwood floors, granite countertops and breakfast bar, and a carpeted living room with rich wood trim and accents. The ceiling is wooden tongue and groove and is vaulted.  The front entry is in the living room and the rear entry is directly across in the kitchen.  There is a laundry/mud room at the rear of the house with a third entry. Across the front, back and south side of the house there is a wrap around covered porch totaling 1,376 sq. ft. with a double carport and circle drive on the south end. There is also a pool, hot tub and gazebo just off the south end of the house. 

The entire property is fenced with an electric entry gate and the home has a perimeter fence with its own cattle guard.  This property would be excellent for raising any kind of livestock with a 1,700 sq. ft. barn with an attached implement shed along with pens and a loafing shed. There is a 240 sq. ft. storage building as well. Trees on the property have been trimmed and underbrush has been cleared leaving lush grass and beautiful sunset views!

SOLD “AS IS”  and a 10% Buyers Premium will apply to the high bid.

Example: High bid:      $100,000                                                                                                        

Buyers Premium:         $  10,000                                                                                                    

Total Purchase Price:  $110,000

At the completion of the auction a $10,000 escrow deposit will be required when the contract is signed, and the buyer will have up to 45 days to close.  This property is not contingent on financing or qualification for financing and considered a cash only sale.  If financing is needed, get pre-approved now and make your financing arrangements in advance, as this property will be sold “As Is, Where Is” without contingencies. Closing will be held at Gainesville Title. 

For complete terms visit masonauctioneers.com or call 405-293-3131

Selling in cooperation with Mike Jones Auction Group Inc.9012850

Jerry M. Jones 339614 Ken "Whitey" Mason 13644

 

 

 

TERMS AND CONDITIONS

 Buyer Registration: By registering and accepting a number, all bidders agree to abide by all of the Terms of Sale.

Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Mason Auctioneers LLC. will reject the registration and bidding activity will be terminated.

Bank Letter of Guarantee: To be approved for bidding you will be required to provide a bank letter of guarantee or bank pre-approval letter stating you have the means to purchase and close or your registration will be canceled. 

Auctioneer Rights: All decisions of the Auctioneer are final. The Auctioneer reserves the right to reject any bid or bidder and has the right to accept back-up contracts the day of sale. Mason Auctioneers, LLC. has the sole authority to resolve any bidding disputes as they may arise. Mason Auctioneers, LLC. reserves the right to remove or cancel the bids and or bidding rights and privileges of any party, deemed not to be in the best interest of the seller, at any time.

Online Only Earnest Money Deposit: At the close of the auction, the successful high bidder will be emailed, faxed or delivered the contract package to execute and return to Mason Auctioneers, LLC.  within 24 hours.  The successful bidder will also be required to submit an Earnest Money Deposit of Ten Thousand Dollars ($10,000) of the total contract price via certified check or wire transfer to the designated Closing Agent for Escrow within 24 hours. The entirety of the remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees. Deposit funds are non-refundable unless title cannot be transferred

Buyers Premium: A 10% buyer’s premium will be added to the high bid price to determine the Total Contract Price.

10% Buyer’s Premium Example:                                     Bid Price:  $100,000
                                                            Plus 10% Buyer’s Premium:   $  10,000
                                                                        Total Contract Price:   $110,000


Contracts: A Contract Package will be sent by e-mail, fax or overnight to the successful high bidder, who must execute and email or overnight mail back to Mason Auctioneers, LLC. within 24 hours of receipt. If the successful high bidder does not execute and return the contract along with an earnest money deposit within 24 hours of receipt they will be considered in default and subject to legal action. This is a legal binding contract.

Technical Issues: Neither the company providing the software nor the auction company shall be held responsible for a missed bid or the failure of the software to function properly for any reason. The online bidding will begin to close at the specified time as per advertised. Please call 405-293-3131 if you need assistance with the online bidding platform.

Bidding Process: The Auctioneer reserves the right, but has no obligation, to bid on behalf of the Seller up to the undisclosed reserve price, unless the property is declared “Absolute” or the “Reserve has been met”. The bidder’s number is nontransferable.

All Sales are Final: By registering and bidding, the buyer acknowledges they understand and agree to the Terms of Sale. The Buyer acknowledges that they have read the Auction Purchase and Sale Agreement and the Terms and Conditions of the Auction Sale provided by Auctioneer and accept the Auction Purchase and Sale Agreement without any changes to the preprinted text.

Representation: Although information has been obtained from sources deemed reliable, the Auctioneers, Mason Auctioneers, LLC., its representatives, employees, firm, broker, their attorney’s nor the Seller make any guarantee or warranty of any kind expressed or implied as to the accuracy of the information herein contained.

Property: The property, offered for sale at the Auction is being sold “AS IS”, “WHERE IS”, WITH ALL FAULTS AND DEFECTS”, without warranty or guarantee of any kind, except as expressly provided for in the Auction Purchase and Sale Agreement and Terms and Conditions of the Auction Sale. Each potential Buyer is encouraged to perform his/her own independent inspections, inquiries and due diligence concerning the described property. The information is being furnished to bidders for the bidder's convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient's risk. It is the Buyer’s responsibility to inspect the property prior to bidding to make their determination as to the condition or seek professional inspection (at the Buyer’s expense) of the property. Buyer(s) agrees to accept property with its current zoning, easements, and any and all right-of-ways that carry with it. All information is taken from sources deemed to be accurate and reliable, all measurements are approximate and not to scale. The Seller and the Auctioneers, Mason Auctioneers, LLC., contractors, employees, firm, or brokers assume no liability in this matter. Any and all announcements made the day of auction take precedence over any and all previously written advertisements or any prior written or verbal terms of sale but shall in no event form the basis of any representation or warranty by Seller or Auctioneers. By bidding on the property, you are accepting all terms and conditions stated herein.

Financing: The purchase is not contingent on obtaining financing or qualification for financing.

Buyer Default: In the event a high bid is accepted and the Buyer fails to close or comply with the terms of the Auction Purchase and Sale Agreement, then the earnest money will be forfeited as liquidated damages, but such forfeiture shall not affect any other remedies available to Seller for such failure.

Indemnity: The Buyer assumes full responsibility and liability for any claim or actions based on or arising out of injuries, death, damage, loss of property, sustained or alleged to have been sustained by Buyer, its agent, principals, associates, friends, family and/or employees, in connection with or to have arisen out of or incidental to the auction including but not limited to the performance of this contract. Regardless of whether such claims or actions are founded whole or in part upon alleged negligence or negligent misrepresentation of Seller, Auctioneer, or the employees, agents, invitees, or licensees thereof, Buyer agrees to indemnify and hold harmless Seller, Auctioneer, and their representatives, and the employees, agents, invitees and licensees thereof in respect of any such matters and agrees to defend any claim or suit or action brought against Seller, Auctioneer, and their representatives, and the employees, agents, invitees and licensees thereof.

Environmental Disclaimer: The Seller and Mason Auctioneers, LLC., agents, contractors and employees do not warrant or covenant with Buyer(s) with respect to the existence or nonexistence of any pollutants, contaminants, mold, or hazardous waste prohibited by federal, state or local law or claims based thereon arising out of the actual or threatened discharge, release, disposal, seepage, migration or escape of such substances at, from or into the demised premises. Buyers are to rely upon their own environmental audit or examination of the premises.

Acreage and Square Feet: All acreages and square feet descriptions are approximate. If there is a discrepancy between Mason Auctioneers, LLC., or its representative and the actual acreage and/or square feet as determined by a surveyor or appraiser, the price will not be adjusted. The statements, while not guaranteed, are from reliable sources. Any costs incurred in establishing boundaries shall be the responsibility of the buyer(s). Each sale is subject to easements, right-of-way, reservation and/or restrictions of record.

Closing: TIME IS OF THE ESSENCE. The balance of the purchase price will be within 30 days from the Commencement Date, which is the date of mutual execution of the Purchase Sale Agreement by the Seller and Buyer. The Seller at closing will convey the real estate with a Special or General Warranty Deed, as specified by the Purchase Sale Agreement. Buyer is responsible for all customary closing costs associated with closing to include but not limited to all transfer and recording closing fees, financing expenses, title fees, title insurance, survey, easement and appraisal. Taxes will be prorated from date of closing.

BY REGISTERING TO BID, YOU HAVE ACKNOWLEDGED:

• I have read and agree to the Terms and Conditions of Auction Sale as set forth herein.

• I have read, understand and agree to all of the terms and conditions in the Auction Purchase & Sale Agreement and will sign the Auction Purchase & Sale Agreement without making any changes to the pre-printed text.

• I understand that I do not have an agency relationship with Mason Auctioneers, LLC., auctioneers, firm, broker and all parties employed by or associated with.

• I accept full responsibility for due diligence on the real estate I am bidding on.

• I understand that all real estate will be sold “As-Is, Where-Is”.

• I understand if I am the successful bidder the sale of this property is not contingent upon obtaining a Certificate of Occupancy.

• I understand that, in the event I am the successful bidder of real estate, that a 10% Buyers Premium will be added to the high bid and payable at closing as the Total Purchase Price.

• I understand that, in the event I am the successful bidder of real estate, and if I fail to close per the Auction Purchase & Sale Agreement, my earnest money deposit(s) will be forfeited.

• I understand these Terms and Conditions will become part of the Auction Purchase and Sale Agreement if I am the winning bidder.

• In the case of a conflict between the Auction Purchase and Sales Agreement and Terms and Conditions of Auction Sale for Real Estate, the Auction Purchase and Sale Agreement shall control.

 

12477 Big Indian Road
Callisburg, Texas 76240
United States