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Estate Auction - 4 Bedroom Ranch Home & Personal Property
Saturday, October 31, 12:00 pm
Warsaw, IN · Kosciusko County

Owner: Lowell & Susan Owens Estate. Lake City Bank, Personal Representative
Contact Sales Manager:
Gary Bailey
(574) 858-9759


Request a Brochure:
Mail me this Brochure




Tract Map - Click to enlarge

  • 4 Bedroom Ranch Home
  • Full Walk-out Basement
  • Tippecanoe River Frontage
  • 175' x 350' Lot with Mature Trees
  • Located in Melody Acres Subdivision
  • Warsaw Community Schools
  • Personal Property Also at 9:00 AM

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REAL ESTATE PREVIEW:

Sunday, September 27,2009 01:00 PM  thru  02:30 PM
Wednesday, September 30,2009 05:00 PM  thru  06:30 PM
Sunday, October 18,2009 01:00 PM  thru  02:30 PM

PROPERTY LOCATION:
1316 Rivercrest Drive, Warsaw, Indiana 46580 Directions: From US 30 & SR 15 in Warsaw, travel West 3.5 miles to CR 350 W. Turn South 1.5 miles to Old US 30 (Lincolnway), then turn East (Left) 1.5 miles to Meadowlark Blvd. at Melody Acres Subdivison. Turn North .4 mile to Rivercrest Drive, then Right to property immediately on the Left.


AUCTION LOCATION:
On site.

PROPERTY DESCRIPTION:
Well maintained 4 bedroom brick ranch home with a full walk-out basement including a lower level garage, asphalt drive and large concrete patio on the beautiful Tippecanoe River, conveniently located in Melody Acres. This property was updated in 2001. The main level of the home features 2 full baths, kitchen by Nappanee Wood Products with an island and newer appliances, master suite and two additional bedrooms, sun room, and a fireplace in the living room overlooking the river. The lower level features a studio style living area with full kitchen and bath. Home has several replacement windows, central air and gas hot water baseboard heat. Parcel ID #003-023-026
AUCTION TERMS & CONDITIONS:

PROCEDURE: There will be open bidding during the auction as determined by the auctioneer, bidding will be on a lump sum basis. Bidding will remain open on until the close of the auction. The seller reserves the right to accept or reject any bids. Subject to court approval.
DOWN PAYMENT: 5% of the accepted bid as down payment on the day of the auction with 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, AND ARE CAPABLE OF PAYING CASH AT CLOSING.
DEED: Seller will provide a Personal Representatives Deed.
EVIDENCE OF TITLE: Seller will provide title insurance in the amount of the purchase price.
CLOSING: Closing shall take place 15 days after proof of merchantable title.
POSSESSION: At closing.
REAL ESTATE TAXES: Pro-rate to day of closing.
SURVEY: The Seller shall be no new survey as the property has an existing survey.
EASEMENTS: The sale of the property is subject to any and all easements of record.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and 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, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and 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 and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and 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.

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