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Absolute Online Real Estate Auction - ABSOLUTE AUCTION, THESE PROPERTIES WILL SELL REGARDLESS OF PRICE!



Online Auction: Thursday, November 19th at 6 pm est


Open house/inspection:

Open House Tracts 1-3: Monday, November 9th from 5:30-6 pm

Silver Lake Open House Tracts 4-5: Mon., Nov. 16th from 5:30-6 pm est


Tract 1 -3 are Located in Monon Indiana with Tracts 4 & 5 in Silver Lake, IN 


Auction Highlights

4 Buildings, Extra Lot all with Endless Possibilities -- A Unique Opportunity to Reimagine, Repurpose & Invest

Online Auction: Thursday, November 19th at 6 pm est - Tract 1 -3 are Located in Monon Indiana with Tracts 4 & 5 in Silver Lake, IN 



Bid Online

Auction Information

Absolute Online Real Estate Auction!

ABSOLUTE AUCTION, THESE PROPERTIES WILL SELL REGARDLESS OF PRICE!

4 Buildings, Extra Lot all with Endless Possibilities -- A Unique Opportunity to Reimagine, Repurpose & Invest

Online Auction: Thursday, November 19th at 6 pm est - Tract 1 -3 are Located in Monon Indiana with Tracts 4 & 5 in Silver Lake, IN 


Tracts 1-3 located in Monon, IN - White County 6,972 total sq. ft.

Open House Tracts 1-3: Monday, November 9th from 5:30-6 pm

TRACT 1: 601 N Race St., Monon, IN 47959

This property offers a unique opportunity to reimagine a spacious building with an expansive main room, stage area, and additional lower-level space. The open layout provides a foundation for a variety of potential uses, whether envisioned as an event or gathering venue, meeting facility, creative studio, community space, or another concept entirely. With two bathrooms and multiple areas to work with, this property invites buyers to think creatively about how its layout could serve a new purpose.

TRACT 2: 603 N Race St., Monon, IN 47959

This property consists of multiple generously sized rooms and a practical layout, offering an opportunity for buyers seeking adaptable space for a future residential, business, or investment venture. Two large rooms provide flexibility for living areas, shared workspaces, meeting rooms, or other uses, while two additional smaller rooms offer possibilities for private offices, bedrooms, or specialty spaces. A kitchen, two bathrooms, and an attached two-car garage add functionality and versatility to the property. 

TRACT 3: 605 N Race St., Monon, IN 47959

This property presents a residential opportunity with a comfortable layout and features that offer flexibility for a variety of needs. The main level includes an open living and dining area, kitchen, three additional rooms, and one bathroom. The rooms could accommodate bedrooms, home offices, hobby areas, or other uses suited to the next owner's plans. A full basement provides substantial additional space for storage, recreation, or workspace, while the detached two-car garage adds valuable utility. 

 

Tracts 4-5 located in Silver Lake, IN - Kosciusko County

Open House Tracts 4-5: Monday, November 16th from 5:30-6 pm

TRACT 4: 106 W. Walnut St., Silver Lake, IN 46982

This property stands out with its expansive interior, multiple separate rooms, and distinctive architectural character. The large main room features a stage and beautiful stained-glass windows, creating a memorable focal point with potential for gatherings, events, performances, meetings, or other creative applications. Beyond the main area, several additional rooms provide opportunities for offices, studios, workspaces, classrooms, or specialized uses. Three bathrooms and a kitchen area further enhance the building's functionality. The full basement offers a large open area along with three additional rooms.

TRACT 5: Elm St., Silver Lake, IN 46982

This property consist of vacant lot of land, creating additional flexibility for parking, expansion, outdoor space, future development or support acreage for the adjoining improvement.


Bid on each tract individually, any combination, or the entirety! Schedule Your Private Showing Today! Call our office at 260.982.0238 or Come to the Open Houses: 

Monon Open House Tracts 1-3: Monday, November 9th from 5:30-6 pm | Silver Lake Open House Tracts 4-5: Monday, November 16th from 5:30-6 pm

Terms & Conditions

TERMS:

This will be a soft close, the end time continues to extend by a few minutes whenever a bid is placed within 2 minutes of the auction closing. This means it doesn't truly end until all bidding has stopped, providing a fair opportunity to all bidders!

This property will be offered at Online Auction on Thurs., November 19, 2026 - Bidding begins closing out at 6 pm! Your bid constitutes a legal offer to purchase, and the final bid shall constitute a binding contract between the Buyer and Sellers. ABSOLUTE AUCTION, this property will SELL REGARDLESS OF PRICE! The acreages and square footage amounts listed in this brochure and all marketing material are estimates taken from county records, FSA records and/or aerial photos. The sellers reserve the right to determine the need for, and type of survey provided. If completed, the cost of the survey will be shared 50/50 by the Seller and the Buyer. 

A 4% buyer's premium will be added to the winning invoice. An earnest money deposit of $5,000 per tract will be due within 24 hours of the auction with the balance due at closing. Said funds will be held in our Escrow account and will come off your balance due at closing. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. Buyers agree to sign the purchase agreement within 24 hours of the auction ending and submit their earnest money to Metzger Property Services within the 24-hour time period via cash, check or wire transfer. Buyer(s) agrees to pay an additional $25 wire transfer fee if wiring said funds. Buyers who fail to do so will be in breach of contract and are subject to damages &/or specific performance. 

The Sellers will provide a Warranty Deed & an Owner's Title Insurance Policy at closing. The closing(s) shall be on or before December 30, 2026. Possession will be at closing. Taxes will be prorated to the day of closing. Real estate taxes for the entirety in '25 due in '26 for properties are tax exempt. Metzger Property Services LLC, Chad Metzger, and their representatives, are exclusive agents of the Sellers. The auction company reserves the right to bid on behalf of the seller for the seller's reserve/minimum bid requirement. All statements made on auction day take precedence over printed materials. The property is being sold "AS IS, WHERE IS" with no warranties expressed or otherwise implied. All decisions made by the auctioneer are final. 

RE BROKERS: Must Register Clients 24 hrs. in advance of the auction & be present with them at any & all showings they attend to receive compensation. Client Registration form is in docs. 

Auction Photos

Auction Files

Client Registration Form

Disclosures + Utilities - All

Info Packet - upload

Property Information & Highlights

Real Estate Terms

Tract 1 - Aerial

Tract 1 - PRC

Tract 1 - Utilities

Tract 2 - Aerial

Tract 2 - PRC

Tract 2 - Utilities

Tract 3 - Aerial

Tract 3 - PRC

Tract 3 - Utilities

Tract 4 - Aerial

Tract 4 - PRC

Tract 4 - Utilities

Tract 5 - Aerial

Tract 5 - PRC

Tracts 1-3 - Aerial

Tracts 1-3 - Disclosures + Utilities - Monon

Tracts 1-3 - Listing Detail Sheet

Tracts 1-3 - Tract Map - White Co.

Tracts 4 & 5 - Disclosures + Utilities - Silver Lake

Tracts 4 & 5 - Listing Detail Sheet

Tracts 4 & 5 - Tract Map