HISTORIC HOME in DEADWOOD, SD – ONLINE AUCTION – LEVEL GROUND W/ PARKING

 

ONLINE REAL ESTATE AUCTION

HISTORIC HOME IN DEADWOOD, SD

ONLINE REAL ESTATE AUCTION

 

FOR: IRMA AUER & THE LATE BILL AUER

308 MAIN STREET, DEADWOOD, SD

 

REAL ESTATE OPEN HOUSE SCHEDULE:

SUNDAY MAY 24th 2025 1:00PM to 2:00PM

SUNDAY JUNE 1ST 2025 1:00PM to 2:00PM

SATURDAY JUNE 7th (time to be announced later)

SUNDAY JUNE 15th 1:00PM to 2:00PM

SUNDAY JUNE 22nd 1:00PM to 2:00PM

or by appointment anytime:

Call McPherson Auction & Realty @ 605-348-1369

or

Sarah Peterka LLC Keller Williams Realty-Black Hills 605-661-2802

 

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4 BEDROOMS

2 BATH

HISTORIC HOME IN NEED OF RESTORATION

LOCATED ON LEVEL GROUND BETWEEN THE FIRST GOLD HOTEL CASINO & CADILLAC JACKS

308 MAIN STREET

LARGE GARAGE / SHOP INCLUDED

APROX. ROOM TO PARK 10 CARS ON THIS PROPERTY ……PERFECT LOCATION, WITH It’s OWN PARKING IN DEADWOOD…DIRECTLY ACROSS THE ROAD FROM THE DAYS OF 76 RODEO GROUNDS

GREAT INCOME PRODUCING PROPERTY or PRIVATE HOME TO USE AS YOU WISH

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MORE INFORMATION WILL BE UPDATING ABOUT THIS HISTORIC REAL ESTATE OPPORTUNITY, THANK YOU FOR CHECKING BACK TO THIS WEBSITE.

 

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REAL ESTATE PAYMENT SCHEDULE:

EARNEST MONEY DEPOSIT ON EACH PROPERTY = $15,000.00. DUE @ THE SIGNING OF THE PURCHASE AGREEMENT FOR EACH PROPERTY

CLOSING WITHIN 45 DAYS AFTER THE AUCTION

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REAL ESTATE AUCTION TERMS: 

308 MAIN STREET, DEADWOOD, SD

THIS PROPERTY IS CO-LISTED WITH  Sarah Peterka LLC Keller Williams Realty-Black Hills 605-661-2802

 6% (six percent) buyer fee will be added to the winning bid/s to arrive at the total contract price being paid for the property. Buyer will be responsible for the SD Professional Fees tax that this state requires to be charged on professionals fees. This tax rate 6.2% as this property is located INSIDE of city limits.

1. McPherson Auction & Realty and its agents are representing the seller/s in the transaction, and are not responsible for statements made by other parties. Any third party agent is not a sub agent of McPherson Auction & Realty.

1A. Any person or persons interested in purchasing this property can do so by bidding from their own computer, via the internet. We will be happy to help you in any way possible if you are unable to bid online or from your smart phone, let us know how we can help.

2. All bids are in US dollars.

3. All auctions, either onsite or online are cash auctions. All prospective bidders must have their financial arrangements made prior to bidding on any real estate or personal property sold at our auctions. At no time will the sale of any property be contingent upon the high bidder’s ability to receive financing, unless otherwise stated in the terms of the sale for that auction. Each auction is different in many respects, therefore terms of the sale are developed to accommodate each auction, be certain to understand the terms for each auction before bidding.

4. An earnest money deposit of $15,000.00 will be required from the successful bidder/s day of auction. This earnest money deposit can be in the form of cash, personal or company check or visa/MasterCard (contact McPherson Auction & Realty Company prior to the conclusion of the auction if wish to use one of these credit cards).

This earnest money deposit is non refundable and will not be refunded to you should you not close on the transaction.

5. At the conclusion of the auction we will make arrangements to meet with you either in person or via the internet in order to sign the Offer and Agreement to Purchase, and to collect the earnest money deposit. If we are unable to meet in person, we must have a way of contacting you AND you must have a way of receiving emails or faxes in order to complete the Offer & Agreement to Purchase documents.

6. Should the high bidder not complete the Offer & Agreement to Purchase or not make the required earnest money deposit or not close on this transaction, McPherson Auction & Realty reserves the right to offer the property to the next highest bidders in their order of finish until a subsequent buyer has been identified, or to return the property to the open market.

7. Seller will furnish the deed.

8. Seller will pay the real estate transfer tax.

9. All real estate taxes will be prorated to date of closing.

10. Buyer will pay for the recording of the deed.

11. Seller and Buyer will equally share the cost of the title insurance and the closing fee charged by BLACK HILLS Title Company. This transaction will be closed @ BLACK HILLS  TITLE  Company, 245 N. Main St. Spearfish, SD 57783

12. This property sells “as is where is – with all faults.” This property is available for your inspection at any time.  Property condition disclosure statement is available for your inspection at any time. 

13. Possession will go to the buyer at closing. Closing to take place 30 TO 45 days after the conclusion of the auction OR SOONER. Seller and buyer may agree to a longer closing time frame. We would like to close this transaction as soon as possible, all necessary documents and procedures are in place, we are ready to close.

14. McPherson Auction & Realty are representing the seller’s interest in this transaction. Announcements, verbal or message, made during the auction take precedence over any and all other advertising and representations.

15. A (six percent) 6% buyer premium will be added to the winning bid/s to arrive at the total contract price being paid for the property. Buyer will be responsible for the SD Professional Fees tax that this state requires to be charged on professionals fees. This tax rate is the same as the sales tax rate where the property is located.

16. Buyer Broker participation is available to any current actively licensed South Dakota Real Estate professional. Contact our office for details, guidelines & fee schedule.

17. This is a public auction. This property is available to qualified purchasers without regard to race, religion, gender, familial status, national origin, or physical handicap.

18. Announcements made day of auction take precedence over any and all other advertising or representations, verbal, printed or delivered under any other media form.

Thanks-a-million for your interest in this property