• 12.5+/- Acres offered in 2 Tracts in Allen County. With Option to Purchase adjacent original farm homestead on 3 additional acres with home and 2 barns. • One of last large, rolling and wooded, land parcels in Aboite Township. • Private and secluded, great for executive home or multiple homesites with beautiful hillside creek views.
LAND AUCTION, 12.5+/- Acres offered in 2 Tracts in Allen County
Fort Wayne, Indiana, Allen County, Aboite Township
Owner: Edward Roth Estate, Nicholas Roth Personal Representative Wed, Jun 3, 2015 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Saturday May 30th 2-5pm - Day of auction it will be open at 4pm. This will be for the home and if people want to walk the Land
PROPERTY LOCATION
15000 Block Liberty Mills Rd., Fort Wayne, IN 46814.
Directions: The property sits on Liberty Mills Rd. just east of the corner of Liberty Mills Rd. and County Line Rd.
AUCTION LOCATION
15128 Liberty Mills Rd., Fort Wayne, IN 46814
TRACT DESCRIPTIONS
Tract 1:
9.5± ac
All wooded, approximately 154 ft. of road frontage on Liberty Mills Rd., great potential estate site.
Tract 2:
3± ac
Mostly wooded, approximately 75 ft. of road frontage on Liberty Mills Rd. Note: this tract does not meet the minimum requirement of road frontage to obtain a building permit. This tract is being offered to a potential buyer who wishes to exercise an option to purchase the property located at 15128 Liberty Mills Rd. Fort Wayne, IN 46814 (which borders Tract 2 to south and west).
OPTION TO PURCHASE: 15128 Liberty Mills Rd. is not an auction tract, but has an option to purchase by the high bidder of tract 2 or the whole bidder. Property features a 1660 Sq. Ft. 3 BR, 2 BA Craftsman home on basement, plus 62 ft. x169 ft. pole barn with interior riding arena and 36 ft.x 40 ft. stable barn, all sitting on 3 scenic acres with approximately 467 ft. of road frontage on Liberty Mills Rd.
Note: wonderful opportunity to purchase a 15.5 acre homestead with Craftsman home and outbuildings.
AREA MAP
TRACT MAP(S)
PROCEDURE: The property will be offered in 2 tracts, any combination of tracts, and as a total unit. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer.
DOWN PAYMENT: 10% 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, cashier's 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: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. Seller reserves the right to reject any and all bids.
EVIDENCE OF TITLE: Seller shall provide an owner's 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 shall be pro-rated to the day of closing.
ACREAGE: All tract acreage, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
SURVEY: A perimeter survey shall only be completed where tract divisions create new boundaries. The seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance. Combination purchase will receive a perimeter survey only. If the property sells as 1 unit, the buyer will receive a copy of the current survey.
PERIMETER DRAIN TILE EASEMENT: Easement access will be provided over tracts in this property for perimeter drain tile outlets if perimeter drain tile outlets beyond each individual tract are required by the Allen County Board of Health.
OPTION TO PURCHASE: The buyer of tract 2 or the whole shall have an option to purchase the home and outbuildings located on 3 acres located at 15128 Liberty Mills Rd. The buyer who exercises this option shall enter into a purchase agreement immediately following the auction and deposit an earnest money amount of $2,500 in the form of cash, cashiers check, personal or corporate check. Please contact Jared Sipe at 260-750-1553 for more details of the option and terms of the purchase agreement.
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 a 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 conducting 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.
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