AUCTION IS OVER

TOTAL SOLD: $49,000

Tract(s): 1

@ $49,000

• Early 1900s Farm House • Garage • Small Barn • Set on 1.5 Acres

OPEN HOUSE/INSPECTION DATES

Monday, November 20th from 4-6pm
Tuesday, November 28th from 4-6pm
or call office for private showing

PROPERTY LOCATION

5665 E. 900 N., Decatur, Indiana - Approx. 1.5 miles east off of SR 101

AUCTION LOCATION

Held On Site

PROPERTY DESCRIPTION

EARLY 1900S FARM HOUSE with a garage and small barn, all set on 1.5 acres

3 Bedrooms with 1 full finished and 1 full unfinished BA

Full Bath on Main Level

Full Bath on Upper level unfinished.

Summer kitchen with closet and storage

Enclosed back porch area between summer kitchen and main house

Utility room and mud room with utility sink plus built in drawers and closet

Kitchen has plenty of cabinets, ceiling fan with lights

Living room with wood pillars and built in book shelves

Main level BR has double closets

Upstairs: 2 bedrooms and unfinished bath

Basement has new furnace 2 sump pumps, outside walk up entrance, daylight windows, newer 5 in. well, electric water heater, hot and cold water in basement, dry basement

Some newer replacement windows

Newer Metal Roof and newer gutters on House, Garage and Barn

Newer Front Stairs and railing and foundation on the newer unfinished enclosed wrap around porch

Newer Garage Door / Newer Barn sliding Door

Huge Garden Area / Plenty of Trees

1.51. Acres

2794 Sq. Ft. plus 1200 unfinished basement

Gas FA heat plus some baseboard electrical heaters

Asphalt Shingle siding and vinyl siding.

AREA MAP

TRACT MAP(S)

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.

Auction Brochure

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