Sunday, July 12,2009 02:00 PM  thru  04:00 PM

3829 Cherrystone Ct., Fort Wayne, IN
Take Hobson Rd. north of Coliseum Blvd. to St. Croix Dr., turn East to Cherrystone Ct., turn south to property

Take Hobson Rd. north of Coliseum Blvd. to St. Croix Dr., turn East to Cherrystone Ct., turn south to auction site

REAL ESTATE - SELLS AT 6PM
Ranch home on a Slab, 1380 Sq. Ft., Enclosed sun room, Kitchen w/ Center Island and oak cabinetry, .48 acre lot, Large family room, Asphalt driveway, 3 bedrooms, 2 car att. garage, 2 full bathrooms, Wood/brick ext., Wood burning fireplace, Newer roof (2004), Vaulted ceilings, 8x12 utility shed, 200 amp breaker box, GFA/CA, Master suite w/ walk-in closet and full bath, Gas water heater 76 gal., Pella windows w/ built-in blinds, Close to IPFW, 6 panel doors
Taxes: $742.40

PERSONAL PROPERTY - SELLS AT 4PM
Vehicle:

• 2003 Pontiac Grand Prix SE, 4 door, power windows and locks, air, CD player, cruise control, charcoal color, 3100 SFI V-6 engine, ONLY 7,926 MILES!! (Rare opportunity to purchase a clean low mileage estate car. Will sell just before the Real Estate).

Furniture, Household, and Appliances:

• Kenmore flattop SS electric range (like new)
• Kenmore SS side by side refrigerator w/ water and ice dispenser (like new)
• Oval dining room table with 6 chairs
• Stanley lighted china cabinet
• Stanley server
• Oak kneehole desk
• Drexel Heritage sectional sofa
• Drexel Heritage tan chair and ottoman
• Pair of white swivel upholstered chairs
• Lazy Boy sofa
• 6 piece Thomasville bedroom suit
• 5 piece Burlington Furniture bedroom suit, 4 section bookcase
• Matching glass top coffee table and two end tables
• Oak TV stand
• Service of ten Lenox Hayworth china
• Lenox bird dish
• Phaltzgraff dishes
• 3 sizes of etched stemware
• Silver serving pcs, wine glasses, and candelabras
• Community Oneida flatware
• Crystal liquor decanters
• Art glass center bowl
• Table and floor lamps
• 3 footed glass covered candy dish
• Large Cheetah wall picture
• Brass cat figurines
• 4 teakwood wall plaques
• Pair of oriental signed pictures
• Glass and brass dresser tray
• Table linens
• Small kitchen appliances
• Kenmore microwave
• Miscellaneous knick knacks and home d￩cor
• Miscellaneous books
• CD player
• CDs, tapes, and records
• Panasonic TV
• Patio table and chairs
• Small hand tools and yard tools

PROCEDURE: The property will be offered at oral auction.
DOWN PAYMENT: $2500 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 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 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.