Result: 1 of 1
Type Online-Only Auction
Price Realized Price Realized Confidential
Date Sold 12/13/2018

Lot # 1
Group - Category Real Estate - Residential Homes
Lead 12011 E. 37th Street S, Independence, MO 64052
Classic Missouri red barn lovingly restored and converted to a beautiful residence and studio for sale at online auction. One-of-a-kind 4BR, 3BA home in wonderfully restored 100-yr-old barn on picturesque 1.4 acre setting! Carefully preserved original features mingle w/modern amenities. Gracious living spaces, unexpected nooks, studio/workshop areas & more! THE BARN/HOME Built in 1907, the former barn still retains many original features. It currently sits on 1.4 acres with two street entrances and circle drive leading to the covered front porch. All wiring, plumbing, heat pump, etc. were put in new in 2005 when it was converted to a residence. As configured the main floor serves as the primary living areas, the large loft is unfinished, and the lower level is used as studio & workshop spaces. Main Floor – 2500sq ft A delightful open floor plan with 9ft ceilings, large exposed wooden beams, large double-pane vinyl windows, wood-burning stove, ceiling fans with lights, built-in book shelves, reading nooks, and original 2x6 tongue and groove yellow pine floors that have been hand sanded and varnished. Any wood removed during remodeling was salvaged and used for trim along the beams, around entryway windows, balusters on the stairs and railings, and for the raised beds in the greenhouse. Front Porch: Covered with 2 ceiling fans Entryway: Two coat closets and spiral staircase to upper floor/hayloft (Seasonal access). Accented with original salvaged glass panes. Kitchen: Walk-in pantry, counter seating, island, Hotpoint refrigerator, Whirlpool microwave, new Whirlpool stove, newer Bosch dishwasher, new garbage disposal, instant hot water dispenser under sink. Living Room: Includes deck access. Dining Room Family Room 4 Bedrooms 3 Bathrooms Laundry Room Utility Room Mother-in-law quarters (bedroom, sitting room, bathroom) Book Nook Upper Floor/Hayloft – 2100sq ft Awesome unfinished area with large display of windows on east end, wood floor, and exposed 8x10 structural beams. Ceiling reaches 19 feet at peak. A utility chase and an electrical subpanel are in place so it could easily be finished in the future. There are also underground wells in place and ready for putting in another heat pump system for this floor. Perfect for seasonal entertaining as configured. (The ceiling of the entry way can be removed for spiral stair access.) Future use could include bedrooms, living space, office, gym, home theater, apartment, event space, and more! Basement – 2100sq ft Basement stone walls are two feet thick. There are 4 distinct studio/workshop/living spaces, built-in shelves, hand-laid brick floor, 12x13 exposed beams, two 4x8 Dutch doors which open to south side and green house, 10x8 sliding barn door on west end, half-bath, sump pump, water cut-off for the whole house, breaker box, furnace room, greenhouse (18x7), and root cellar. Car Port (44x40) Parking for 3 vehicles plus additional space located on west end of home. Original house – 720sq ft The original house is attached to the barn under the car port with an external entry. Rough and unfinished with only electricity hooked up. It is currently used as a tool shed/storage space. FEATURES Beautifully restored and converted 100-year-old barn Lovely 1.4 acre setting with large space for gardening, landscaping, or room to plant fruit trees Several studio/work spaces 4 bedrooms, 3 baths (including Mother-in-law quarters with sitting room) Original 2x6 tongue and groove yellow pine floors (hand sanded and varnished) One-of-a-kind entry with removable ceiling for loft entry Versatile “hayloft” floor with access to utilities. Greenhouse Root cellar Front porch (32x8) covered with two ceiling fans Deck (12x8) 3 vehicle car port Lots of storage and nooks Full circle drive at front door. Two street exits and ample off-street parking for guests One-year home warranty! Heating & Cooling: Heat pump – Heats and cools the main floor. The system includes a 100-amp electric furnace to boost the heating capacity. (Per seller, the system cost $30,000 and significantly reduces utility bills.) Wood stove – Per seller, can heat entire main floor with room doors open and ceiling fans on. Greenhouse – Thermostat-controlled fans contribute to the heating and cooling. Auctioneer’s Note This is one of the most unique properties we’ve had the privilege of selling. The owners have done a masterful job converting the historic barn into a warm and inviting home with wonderful and unexpected features, all in a beautiful setting. There’s simply nothing like it. Come see for yourself at an open house then bid your price online or make a pre-auction offer.
Name Real Estate Auction: Unique 4 Bedroom Home in Restored Barn
Auctioneer Cates Auction & Realty Co., Inc.
Type Online-Only Auction
Date(s) 12/13/2018
Thursday, December 13, 2018 at 12:30PM
Preview Date/Time Wednesday, Nov. 28th; 4-6PM Sunday, Dec. 2nd; 2-4PM
Checkout Date/Time N/A
Location 12011 E. 37th Street S
Independence, MO 64052
Buyer Premium 10% of the High Bid
Classic Missouri red barn lovingly restored and converted to a beautiful residence and studio for sale at online auction. One-of-a-kind 4BR, 3BA home in wonderfully restored 100-yr-old barn on picturesque 1.4 acre setting! Carefully preserved original features mingle w/modern amenities. Gracious living spaces, unexpected nooks, studio/workshop areas & more!
Auction Terms & Conditions “ONLINE ONLY” REAL ESTATE BIDDING AUCTION TERMS AND CONDITIONS REGISTRATION: Proper and complete online registration is required to bid. All bidders must provide name, address, phone number, and email address to register. A credit card (MC, Visa or Discover) is required to actually place a bid on the property. The credit card will be validated before bidding access is granted, but is not a recognized form of payment of the deposit or purchase price. Should a Winning Bidder fail to complete the contract signing process, the required deposit will be charged to the credit card provided at registration. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions. Bidders may register prior to, or during the bidding period. At registration bidders are given the option of receiving emails confirming their individual bids and/or when they are outbid. BIDDING ONLINE: All bidding in this auction is being conducted online. (If you need assistance placing a bid or prefer to submit a bid in person, please call our office for assistance. 816-781-1134) To place a bid, bidders enter their “maximum” bid and click the “Place Bid” button. Each time that bidder is outbid by another bidder, the system will automatically bid on their behalf at the established bid increments up to their maximum. In the case of an auction with a reserve, if the max bid amount entered is less than the reserve, the system will place the bid at the max amount. Once the system displays that the reserve has been met, then it will advance the bid (by the bid increments) only when the bidder is outbid by another bidder, up to the bidders max. The Auctioneer does not know any bidder’s maximum bid. The system will not advance a bidder’s own bid. Online-only auctions utilize the “Soft Close” feature that automatically extends the bidding time if a bid is received in the last 2 minutes of the published bidding period. The extensions will continue until 2 minutes have lapsed without any bidding activity, at which time the auction is concluded. BUYER’S PREMIUM: A buyer’s premium of the greater of $2,500 or ten percent (10%) of the high bid shall be added to that bid and included in the total purchase price to be paid by the successful bidder(s). Sample calculation — High bid = $50,000 Buyer’s Premium = $ 5,000 (10% of 50,000) Total purchase price = $55,000 FINANCING: Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction. CONTRACT SIGNING: At the conclusion of the auction the Winning Bidder will receive an email and/or phone call confirming his or her winning bid status. In this or a subsequent email the Winning Bidder will receive a link to sign all documents electronically along with wiring instructions for submitting the required earnest money deposit to the named title company. Should the electronic processes described above be unavailable, alternative arrangements will be made. In any event, the contract signing and deposit payment process must be completed by close of business on auction day. A Winning Bidder whose documents and deposit are not received within the required time frame is subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future Cates Auction & Realty auction events. Note that property-specific purchase documents are available prior to the auction end date and any professional reviews of such documents should be undertaken PRIOR to bidding. All final bids are subject to Seller’s reserve, unless advertised otherwise. Any property with a high bid exceeding the Seller’s reserve will be declared “sold” by the Auctioneer. In instances where the seller’s reserve was not met in the auction, the signed contract and accompanying deposit will be presented to the Seller for approval, which shall be given or denied in the Seller’s sole discretion within 5 business days. If approval is denied, all documents and the deposit will be returned immediately. DOWN PAYMENT (DEPOSIT): The Winning Bidder shall be required to make an earnest money down payment equal to five percent (5%) of the total purchase price. This deposit must be received by wire transfer (or by certified funds), by close of business auction day. Winning Bidders whose documents and deposit are not received within the required timeframe are subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future Cates Auction & Realty auction events. CLOSING: The Winning Bidder shall close within 30 days of the auction date, unless stated differently in the Purchase Agreement. EVIDENCE OF TITLE: Seller shall furnish at seller’s expense an Owner’s Policy of Title Insurance in the amount of the total purchase price and shall execute a general warranty deed conveying the real estate to the buyer(s). REAL ESTATE TAXES & ASSESSMENTS: 2018 taxes are to be prorated as of the closing date. EASEMENTS AND LEASES: Sale of said property is subject to any and all easements of record and any and all leases. AGENCY: Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller. BROKER PARTICIPATION: A commission of 3% of the high bid (unless a different percentage is stated in the property’s MLS listing) will be paid to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement. This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction end date. DISCLAIMERS AND ABSENCE OF WARRANTIES: The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it. All sketches and dimensions are approximate. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). This property is available for and subject to sale prior to auction. PRE-AUCTION SALES: As exclusive agents for the Seller, the Auctioneer has a fiduciary obligation to present any and all offers to the Seller. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all auction terms and be submitted to the Auctioneer on the Real Estate Sale Contract along with the required deposit. Properly submitted offers will be presented to the Seller, who may accept or reject such offer in their sole and absolute discretion. We hope you enjoy bidding in the online auction! --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% of the High Bid
Payment Terms
See Terms and Conditions.