Bank-Owned Development Property to Be Sold to Highest Bidder

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United Country – Coffey Realty & Auction to Conduct Online-Only Auction Now through April 12

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United Country – Coffey Realty & Auction to Conduct Online-Only Auction Now through April 12

Today’s market conditions and the auction format allow sellers and buyers to come to a meeting of the minds quickly with a competitively achieved fair market value

Qualified buyers will have the opportunity to purchase a roughly 45-acre bank-owned parcel with development and investment potential during an online-only auction. Conducted by Jimmie Dean Coffey, founder, president and CEO of United Country – Coffey Realty & Auction of Bloomington, Ind., the online-only event will take until Thursday, April 12 at 2 p.m.

This approximately 45-acre property is located directly across the street from the new Parkview North Hospital and less than a mile from Exit 116 off Hwy 69 just north of Fort Wayne, Ind. It is also located adjacent to the new “Park Place Senior Living Center,” which is scheduled for expansion. Sewer systems have been installed on the property, and water is available.

“Our seller recognizes the value of using an accelerated method of marketing – in other words, an auction – to sell their property,” said Coffey. “What does this mean for buyers? It means they have the opportunity to purchase a great development property at the price of their choosing. Today’s market conditions and the auction format allow sellers and buyers to come to a meeting of the minds quickly with a competitively achieved fair market value. In times like these, an auction is the best way to establish what real market value is.”

Detailed information about the property for sale, as well as details about the auctions, can be found online at http://www.INPropertyAuction.com or by calling 812-824-6000.

About United Country

United Country Real Estate is the largest fully integrated network of conventional and auction real estate professionals in the United States. The company has been an innovator in real estate marketing since 1925. United Country supports nearly 550 offices across the U.S., Costa Rica, Panama and resort areas of Mexico, with a unique, comprehensive marketing program that includes one of the largest portfolios of property marketing websites (more than 3,000 separate sites and traffic of approximately 3 million visitors per month), multiple United Country real estate catalogs with national distribution , an extensive buyer database and national advertising of local properties that reaches more than 90 million homes per week. United Country has recently been recognized by AllBusiness.com, The Land Report, Entrepreneur and The Wall Street Journal as one of the top U.S. real estate companies.

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