Auctions

Tim Ellis brings personal service to the auction arena and has held a large number of very successful sales since 1996.

How does a real estate auction work?

There are many advantages to both buyer and seller in using the auction method of marketing to facilitate a property sale.  The auction normally requires about six weeks from date of contract to the actual sale followed by a two week period to close the sale.  Auctions have no contingencies affecting the sale so the buyer needs to do his or her research prior to auction day.  Costs to the seller are the direct marketing expenses and normal closing items-title, taxes, survey, etc., however, the commission is usually passed on to the buyer in the form of a buyer’s premium which is added to the high bid amount leaving the seller with that sum.  Real estate auctions usually have a reserve amount which must be realized at the sale or the property is not then sold.

Can’t make it to the auction? Bid online!


Thursday, September 8, 2016 at 10 am

2104 Woodstock Place, Bloomington, IN 47401

  • MLS#:  201634410
  • Bedrooms:  4
  • Full Bath:  2
  • Half Bath:  1
  • Square Feet:  3,544
  • Build Date:  1965
  • Acres:  0.296
  • Property Type:  Residential
Download Auction Packet

Friday, September 9, 2016 at 10 am

315 N Kimble Drive, Bloomington, IN 47404

  • MLS#:  201636002
  • Bedrooms:  3
  • Full Bath:  2
  • Square Feet:  1,900
  • Build Date:  1938
  • Acres:  1
  • Property Type:  Residential

Other Details:

OPEN HOUSE: Sunday, August 28th, from 1-3 pm
Leased for $650/month until June 2017.

Download Auction Packet

Friday, September 9, 2016 at 10 am

401 N Kimble Drive, Bloomington, IN 47404

  • MLS#:  201635995
  • Bedrooms:  2
  • Full Bath:  2
  • Square Feet:  1,800
  • Build Date:  1940
  • Acres:  1
  • Property Type:  Residential

Other Details:

OPEN HOUSE: Sunday, August 28th, from 1-3 pm
Leased for $800/month until October 2017.

Download Auction Packet

Friday, September 9, 2016 at 10 am

411 N Kimble Drive, Bloomington, IN 47404

  • MLS#:  201635991
  • Bedrooms:  2
  • Full Bath:  1
  • Square Feet:  1,940
  • Build Date:  1946
  • Acres:  0.7
  • Property Type:  Residential

Other Details:

OPEN HOUSE: Sunday, August 28th, from 1-3 pm
Leased for $670/month until April 2017.

Download Auction Packet