REAL ESTATE AUCTION, 39+/- Acres offered in 3 Tracts

Kosciusko Co., Indiana, Harrison Twp., Tippecanoe Valley Schools

Owner: Rosalie Lee Wed, Sep 3, 2014 EASTERN

AUCTION IS OVER

REAL ESTATE AUCTION
• 39+/- Acres offered in 3 Tracts

• Country Home with Outbuildings on 10+/- Acres
• Potential Building Sites
• Pasture
• Tillable Land
• Wildlife, Hunting, Recreation
• Online Bidding Available


OPEN HOUSE/INSPECTION DATES

Sun., August 3, 3-5 PM & Wed., August 6, 4:30 - 6 PM
or Call the Sale Manager for Private Inspections.

PROPERTY LOCATION

6131 W 200 S, Warsaw, Indiana. South of Warsaw on SR 15 to CR 200 S turn west 4.5 miles on 200 S and 600W or North of Mentone on SR 19 to CR 200 S then turn east 4,5 miles

AUCTION LOCATION

At the Atwood Community Building, 213 Hovey St. Atwood, Indiana.

TRACT DESCRIPTIONS

Tract 1: 20± ac Pasture or tillable, small wooded area and great potential building site with road frontage on CR 200 S and CR 600 W.

Tract 2: 10± ac Secluded 1970 Country home, 1576 square feet of living space with 3 bedrooms and 1 and half baths on a slab. Kitchen with appliances, living and family rooms with decorative fireplace. Laundry with washer and dryer, electric heat, 200 amp electric service. Built on carport also used as a covered patio for 3 seasons, barns for, livestock, workshop, storage or 4-H projects. Combine with Tracts 1 and or 2 for additional acreage. 60 ft. of frontage on CR 200S.

Tract 3: 9± ac Great for pasture or scenic rolling potential building site. Frontage on CR 200 S.
Parcel ID# - 013-128-001

ONLINE BIDDING AVAILABLE: You may bid online during the auction at www.schraderauction.com. You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Kevin Jordan at Schrader Auction Co. - 800-451-2709.


AREA MAP

TRACT MAP(S)

SOIL INFORMATION

PLAT MAP(S)

AREA MAP(S)

PROCEDURE: Bid on individual tracts, any combination of tracts or on the entire property. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. The property will be sold in the manner resulting in the highest total sale price.

DOWN PAYMENT: 10% of the accepted bid as down payment on the day of the auction with balance in cash at closing. The down payment may be 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.

APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection. Purchase agreements will be signed by the registered bidder only. If you choose to share the purchase with another party, you will be required to do so after the completion of closing as indicated on the signed purchase agreement.

DEED: Seller will provide a warranty deed.

EVIDENCE OF TITLE: Sellers will provide title insurance in the amount of the purchase price.

CLOSING: Closing shall take place within 15 days of proof of marketable title. Sellers shall not be responsible for any closing costs incurred due to the Buyer(s) securing financing.

POSSESSION: At closing

REAL ESTATE TAXES: The Seller shall pay the 2014 real estate taxes, due in 2015.

DITCH ASSESSMENTS: The Buyers shall pay the 2015 ditch assessments.

SURVEY: There shall be a new survey. Buyer and Seller to share survey costs 50:50. Any new survey(s) provided shall be for the perimeter only, when tracts are combined. Closing prices shall be adjusted to reflect any difference between advertised and surveyed acres, except on Tract 2 or combinations including Tract 2.

EASEMENTS: The sale of the property is subject to any and all easements of record.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. The property is being sold on an 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. No guarantee as to location of septic and well, or condition of septic and well is made by the Auction Company, its agents or Sellers. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company 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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