• 2 Auctions - Personal Property on Saturday, May 13 @ 9AM & Real Estate on Tuesday, May 16 @ 6PM • Waterfront 3 bedroom, 3 bath home on full basement • Personal Property on May 13 @ 9AM • Antiques & Collectibles • Shop and woodworking tools • Furniture & Household • Lawn & Garden
REAL ESTATE AUCTION IN ALLEN COUNTY, INDIANA
13120 Cherry Street, Leo, Indiana - Allen County, Indiana
Owner: Marcia Fritz Tue, May 16, 2017 EASTERNAUCTION IS OVER
TOTAL SOLD: $195,000
| Tract(s): 1 | @ $195,000 |
OPEN HOUSE/INSPECTION DATES
Open house to preview the Real Estate:
Sunday, April 23rd from 2 - 4pm, or call office for private showing!
PROPERTY LOCATION
13120 Cherry Street, Leo, Indiana
AUCTION LOCATION
Held On Site
PROPERTY DESCRIPTION
GREAT LOCATION IN LEO / CEDARVILLE!: Waterfront Property! A Gorgeous, Ranch style home with 3 Bedrooms, 3 Full Baths, on a Full finished walk out basement! Enter the home into spacious foyer area, then into a beautiful family room with hardwood floors and fireplace! There is a large window providing a scenic view over the backyard and water. The large kitchen with ceramic counter tops and back splash provides plenty of cabinets and pantry area. Located just off of the kitchen is a screened porch with deck, and a patio below. The master bedroom suite features a full bathroom with shower, jetted tub, double bowl sinks, and walk in closet. There is an open stairway to the lower level. The lower level has a great room with corner brick fireplace and a wall of windows overlooking the water. There is a large storage area plus a great workshop with outside access! A two car attached garage with pull down stairs to attic access adds convenience and storage, and there is a walking covered bridge over the water with additional outside landscape and amenities!
AREA MAP
AREA MAP(S)
PROCEDURE: The property will be offered at public oral auction.
DOWN PAYMENT: $1500 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. Seller reserves the right to reject any and all bids.
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Seller shall provide a Warranty 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 only if necessary for closing. 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.
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.
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