Residential Real Estate Auction 121 W 4th Street Hermann, MO

Buyers Agents Welcome See Co-op Agreement for complete details! Open House Saturday, June 21st 10AM to Noon. Bidding Ends Wednesday, July 9th at 10AM. Fantastic auction opportunity on historic 4th Street in Hermann! This charming 575 sq ft historic brick home sits on a deep, nearly 7,000 sq ft lot with mature trees and alley access. Just steps from downtown, it's a rare find with location, character, and space to build. The seller is including engineered drawings for a renovation and addition concept featuring a 2 bed/2 bath main level with a 1 bed/1 bath apartmentperfect for extended family, guests, or income potential. Zoned R-1, it allows for owner-occupied bed and breakfasts or could be the perfect site for your custom dream home in Hermann. This is your opportunity to restore and expand while a lot of the planning and initial cost has already been taken care of. This is a great spot with room to grow and walkable access to shops, restaurants, and wineries. Dont miss your chance to invest in one of Missouris most beloved river towns. Properties like this are few and far between. For more information call or text Paul Diller (636) 262-6352. Auction Terms & Conditions 1. PROCEDURE: Bidding ends Wednesday, July 9, 2025, at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes. 2. BUYERS PREMIUM: 10% Buyers Premium will be added to the final bid price to arrive at the contract sales price. 3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Thursday, July 10, 2025 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason. 4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted. 5. BIDDING: Once submitted, a bid cannot be retracted. 6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, August 14, 2025. 7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any. 8. TITLE: Seller shall furnish the buyer(s) at Sellers expense an Owners Policy of Title Insurance in the amount of the purchase price and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s). 9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title. 10. REAL ESTATE TAXES: The 2025 Real Estate taxes to be prorated to the day of closing. 11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction. 12. The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. All announcements made day of sale take precedence over prior advertising either written or oral. This property is subject to prior sale.