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REAL ESTATE AUCTION OFFERED IN 2 TRACTS IN ALLEN COUNTY, INDIANA

Monroeville, Indiana - Allen County

Owner: Northeastern Indiana District Church of the Nazarene, INC. Tue, Oct 23, 6:00 PM

• Former Monroeville Nazarene Church • All brick structure built in 1914 with all original stained glass windows • 4 bedroom, 1.5 bath block parsonage with newer 2 car garage • Offered in separate tracts or a combination of both • Countless Possibilities for Re-purposing this Building! • Do not miss this opportunity to bid on these buildings with endless options for repurposing. This could be your new office space, floral shop, beauty salon, or residential home! • 10 mi. from New Haven • 10 mi. from Decatur • 15 mi. from Fort Wayne • 15 mi. from Van Wert, OH


OPEN HOUSE/INSPECTION DATES

Sunday, October 7 from 1-3PM

PROPERTY LOCATION

311 Elm Street, Monroeville, IN

AUCTION LOCATION

Held On Site

TRACT DESCRIPTIONS

Tract 1: 0.0± ac
Former Monroeville Nazarene Church @ 311 Elm Street

  • Built in 1914
  • 2000 square feet
  • Full basement, mostly finished
  • New roof in 2010
  • (2) Update high efficiency Rheem gas furnaces with CA
  • Choir loft area
  • Original historical bell
  • Main sanctuary area is 24 ft. x 44 ft. with additional alter area
  • Original historical trim and solid wood doors
  • (3) Sets 11 ft. x 18 ft. stain glass windows
  • (12) Additional smaller windows and transoms

    Tract 2: 0.0± ac
    House @ 401 Elm Street

  • Nearly 2200 square feet
  • (4) Bedrooms
  • First floor master with half bath
  • Full basement
  • Newer Rheem high efficiency gas furnace
  • Solid wood kitchen cabinets
  • 15 ft. x 11 ft. first floor office or utility area
  • 24 ft. x 24 ft. garage built in 1988


    INTERACTIVE MAP

  • TRACT MAP(S)

    AREA MAP(S)

    PROCEDURE: The property will be offered in separate tracts or a combination of both. 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: $2,500 down on each tract or $5,000 down if bought in combination, due 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(s).

    CLOSING: Targeted closing date will be approximately 30 days after the auction. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

    POSSESSION: Possession shall be at of closing.

    REAL ESTATE TAXES: Currently, taxes are exempt, buyer to start paying taxes in may of 2019.

    ACREAGE: All acreage, dimensions and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.

    SURVEY: A new perimeter survey shall be prepared only if necessary to complete Title Commitment. Seller and successful bidder shall each pay half (50:50) of the cost of any survey. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance.

    AGENCY: Schrader Real Estate & Auction of Fort Wayne, LLC 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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