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Your Home on the River Awaits! - Online Real Estate Auction!
Welcome to this charming two-story home located in the heart of Chamberlain, South Dakota, perched above the scenic Missouri River-Lake Francis Case. This unique property, originally built in 1930 and a significant addition/remodel in 2008, offers nearly 2400 square feet of comfortable living space. The main floor boasts three bedrooms and two very nice bathrooms with tiled walk-in showers. The spacious galley-style kitchen, featuring granite countertops and abundant cabinets, flows into a living and dining area adorned with large windows that offer stunning views of the river and the historic Old Highway 16 bridge.
The second floor includes an additional bedroom, a full bathroom, and a versatile room that could serve as a bedroom with the addition of a closet. A highlight of this property is undoubtedly the impressive oversize two car garage. It is potentially the largest on River Street, divided into a heated main garage space and a workshop area, which is both heated and cooled. The overhead door separating the workshop from the garage can create a remarkable 60-foot-deep garage stall, perfect for any car enthusiast, boat owner or hobbyist.
The home also features a charming, covered porch, ideal for enjoying the picturesque views and tranquil surroundings. The overall layout and craftsmanship provide a welcoming and functional space. This home is perfect for those who appreciate a blend of charm, modern amenities, and an unbeatable location with breathtaking views.
Join us for the online real estate auction where your dreams of riverside living can become a reality. Place your bid and secure this great home with a view and garage that cannot be beat!
For more information or to schedule a private showing, contact us at 605-234-4214.
Owner: Larry & Mary Russell
All potential bidders will need to be approved by the Auction Company prior to bidding using the following requirements/terms.
1. Each party must register with their full legal name, current mailing address, telephone number and email address.
2. Each party must provide auction company with ONE of the following: 1) A bank issued pre-approval letter stating the buyer is approved for the starting bid of at least $390,000 and up to the respective bidder's maximum. 2) A bank/financial services company issued letter stating the buyer has cash and/or line of credit available for the starting bid of at least $390,000 and up to the respective bidder's maximum.
3. Buyer and Seller agree to execute a written purchase agreement within 24 hours of auction closing.
4. Buyer shall tender 10% (Ten percent) non-refundable earnest money at time of purchase agreement execution.
5. No Buyer contingencies of any kind are offered, nor will any be accepted. These include but are not limited to appraisal, financing, home inspection & home sale. Potential buyers are expected to have their financial arrangements secured prior to bidding. Buyers who are unable to close because of insufficient funds will be in default and the earnest money will be forfeited.
6. Property Inspection: Each potential bidder shall be responsible for conducting, at their own risk, independent inspections, inquiries and due diligence concerning the property. Each potential bidder shall be liable for any property damage caused by any such inspections or investigations. Seller makes no warranty whatsoever about the property and specifically disclaims all warranties of fitness for a particular purpose or or any warranty of habitability. Property sells in AS-IS condition.
7. Closing & possession date shall be on or before September 27, 2024 at Brule County Abstract, Chamberlain, SD. The closing fee shall be divided equally between the buyer and seller.
8. Merchantable title shall be conveyed by Warranty Deed. Owner's title insurance will be provided with the cost divided equally between buyer and seller.
9. Property is being sold by legal description only. Seller is not aware of any boundary issues.
10. 2023 Real Estate taxes due and payable in 2024 will be paid by the Seller at closing. 2024 Real Estate taxes Yourdue and payable in 2025 shall be pro-rated to the date of closing based on the most current county information.
11. Chisum E. Peterson, Broker and Peterson Land & Auction LLC, Brokerage Firm, represent the Seller Only in this transaction.
12. No Buyer's Premium on this auction.
13. The laws of the State of South Dakota governs this agreement. Any dispute arising from the terms of this auction shall be brought in a court of Brule County, South Dakota.
Chamberlain, South Dakota 57325
United States