WATERFRONT LAFAYETTE ESTATE FOR SALE AT AUCTION ON VERMILLION RIVER

LAFAYETTE, LA HOME SELLING TO THE HIGHEST BIDDER!!


4 bed 5 bath 8,000 sq.ft. waterfront home on the Vermillion River in the heart of Lafayette selling to the highest bidder!

LIVE ON-SITE AUCTION
Begins: 05/24/18 at 6:00 PM CDT
Location: 151 Teche Drive, Lafayette, LA 70503
INSPECTION
Begins: 05/06/18 at 2:00 PM CDT Ends: 05/06/18 at 4:00 PM CDT
Location: 151 Teche Drive, Lafayette, LA 70503

INSPECTION
Begins: 05/24/18 at 5:00 PM CDT Ends: 05/24/18 at 6:00 PM CDT
Location: 151 Teche Drive, Lafayette, LA 70503


4 bed 5 bath 8,000 sq.ft. on the Vermillion River in the heart of Lafayette selling to the highest bidder!

 

Features:

  • Prime location
  • Waterfront Property
  • Blocks from the hospital.
  • 8,000 sq.ft.
  • Spacious 4bedroom 5 bath
  • Study with mahogany panel walls / 2 bedroom apartment above garage
  • Expansive outdoor living
  • 12ft patio porch
  • Courtyard
  • 11ft ceilings
  • Huge crown molding
  • Cedar lined closets
  • Wood / Marble floors
  • Security system
  • Energy efficient windows
  • 2×6, 2×8, 2×10 construction
  • 4 car garage
  • Utilities average $350
  • $350,000 lot

 

Auctioneer’s Note: House did flood in 2016. 500 year flood but is not in a flood zone. This will be the deal of the century. Will easily be a million dollar plus home with minimal renovation. This house has great bones!

REAL ESTATE TERMS & CONDITIONS

REGISTRATION: In order to register at the live auction you must have a bank letter of guarantee, or a pre-approval letter from a finance company.

BUYERS PREMIUM: 10% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $110,000.00.

DEPOSIT: 10% down day of auction. Balance due at closing on or before 45 days. Guaranteed good title. For example if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction.

FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify.

DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. LA Lic#818

TAXES: Taxes will be pro-rated.

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Bonnette Auction Company

http://bonnetteauctions.com

3804 McKeithen Dr Alexandria, LA 71303

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