SOLD

REAL ESTATE & PERSONAL PROPERTY AUCTION

Avilla, Indiana, Noble County

Owner: Forrest E. Parks Revocable Trust Mon, May 5, 2014 EASTERN

AUCTION IS OVER

TOTAL SOLD: $130,000

Tract(s): 1 @ $130,000 ($26,000/acre)

REAL ESTATE & PERSONAL PROPERTY AUCTION - 2 DATES
• Real Estate Auction on Monday, May 5 @ 6PM
• Farm Home, Barns & 5 Acres
• Personal Property Auction on Saturday, May 3 @ 9AM
• Cars, Trucks, Tractors, Tools, Antiques, Furniture & Collectibles
• 2 Auction Rings Going from Start to Finish!


OPEN HOUSE/INSPECTION DATES

Sunday, April 13 from 2 - 4pm and
Monday, April 14 from 5 - 7pm

or call Sale Manager to schedule private showing.

PROPERTY LOCATION

11062 E. 300 N., Avilla, IN
DIRECTIONS: From Highway 3, turn east on Weimer Road, Go 1/2 mile to 1100 E., turn north and go 1 mile to 300 N. OR From Highway 3, turn east on 300 N. and go 2-1/10 miles to property.

AUCTION LOCATION

Held Onsite

PROPERTY DESCRIPTION

Farm Home, Barns, 5 Acres:
Home is a large older, Country 2 story with 5 bedrooms and 1 bath.
Home features a large country kitchen, large living and family room with glass French doors dividing.

There is a large recreation room. The home has much old antique wood casing around the doorways. There are two enclosed porches, one on front, one on back of home.

The two barns are Morton pole barns. The first is 50 x 64 with part concrete and has electric. There are (2) 12 ft. wide x 14 ft. high sliders on the back, a 10 ft. w x 12 ft. h overhead and an 18 ft. w x 6 ft. overhead. The second barn is 44 x 68 with 22 ft. w x 15 ft. h slider on side and 18 ft. w x 16 ft. h front slider.

Home is heated with gas forced air and also has wood burner. There is an older Central air unit. There is a full basement.


AREA MAP

TRACT MAP(S)

SOIL INFORMATION

PLAT MAP(S)

PROCEDURE: The property will be offered at oral auction.

DOWN PAYMENT: $2500 down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashiers check, personal check or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.

ACCEPTANCE OF BID PRICES: The successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. The final bid is subject to the Sellers acceptance or rejection.

EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.

DEED: Seller shall provide a Personal Representatives Deed.

CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession day of closing, immediately following the closing.

REAL ESTATE TAXES: Real Estate Taxes will be pro-rated to the day of closing.

SURVEY: A new perimeter survey will be completed. The seller shall determine any need for a further survey and shall order survey. The cost of the new survey, shall be split 50/50 between Buyer and Seller. AGENCY: Schrader Real Estate & Auction Co. of Fort Wayne, LLC., Inc. and its representatives are exclusive agents of the Seller.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, and no warranty or representation, either express, or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure is subject to verifications by all parties relying on it. The Seller or the Auction Company assumes no liability for its accuracy, errors, or omissions. Conduct of the auction and increments of bidding are at the discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the Auctioneer are final. ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.

Auction Brochure

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