SOLD

REAL ESTATE AUCTION POLE BUILDING ON .5+/- ACRES IN WHITLEY COUNTY, INDIANA

410 E Collins St, Columbia City, IN 46725 - Whitley County, IN

Owner: James Gambrell Mon, May 8, 2023 EASTERN

AUCTION IS OVER

TOTAL SOLD: $130,810

Tract(s): 1 @ $130,810

• 40'x80' Pole Building Built in 2014

UPDATED BUILDING DIMENSIONS 4/27/23


OPEN HOUSE/INSPECTION DATES

Monday, April 17 and Thursday, April 20 from 4:30-6pm

PROPERTY LOCATION

410 E Collins St, Columbia City, IN 46725
From the intersection of SR 9 South (Main St) & Chicago St in Columbia City, travel south on SR 9 approx. 1/8 mi. to Collins St. Turn east (left) onto Collins St, continue for approx. 1/4 mi., property on south (right) side of road (follow signs).

AUCTION LOCATION

Auction Held Onsite: 410 E Collins St, Columbia City, IN 46725

TRACT DESCRIPTIONS

Tract 1: 0.6± ac 40' x 80' x 14' metal pole building built in 2014, 3200 square foot shop area, 3 overhead doors, previously had welder and compressor hookups, insulated office area, there are two closed in work areas that can be easily removed if the new owner prefers one large shop area, great for hobbies or storage. Sets back off Collins St. This building is in like new condition.

TRACT MAP(S)

AREA MAP(S)

PROCEDURE: There will be open bidding on the property during the auction as determined by the auctioneer.

BUYER'S PREMIUM: A 3% Buyer's Premium will be added to the final bid price & included in the contract purchase price.

DOWN PAYMENT: 10% of the accepted bid as down payment on the day of the auction w/ balance in cash at closing. The down payment may be 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, & ARE CAPABLE OF PAYING CASH AT CLOSING.

APPROVAL OF BID PRICE: The successful bidder will be required to enter a purchase agreement at the auction site immediately following the close of the auction. The final bid price is subject to the Seller's acceptance or rejection.

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 30 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: Shall be pro-rate to day of closing.

DITCH ASSESSMENTS: The Buyers shall pay any ditch assessments due after closing if any.

SURVEY: There will be no new survey.

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

DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in this brochure & all related materials is subject to the Terms & Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an "AS IS, WHERE IS" basis, & 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 & well, or condition of septic & 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, & 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 & dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof & acknowledges that in consideration of the other provisions contained in the sale documents, Seller & the Auction Company make no warranty or representation, express or implied or arising by operation of law, including a warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, & in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction & increments of bidding are at the direction & discretion of the auctioneer. The Seller & Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's 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.