Sunday, June 07,2009 01:00 PM  thru  04:00 PM
Saturday, June 20,2009 09:00 AM  thru  12:00 PM
Thursday, July 02,2009 05:00 PM  thru  08:00 PM

2390 N. Binkley Rd., Larwill, IN 46764

From Columbia City, IN, go west on Hwy 30 approximately 1 1/2 miles west of Larwill, turn right at Binkley Road. Go north to 2390 North Binkley Road (auction site).

Address: 2390 N. Binkley Rd., Larwill, IN 46764

2800 Sq. ft. custom built home on 10 acres

3 bedroom, 3 bath

3 Car garage

4" well

Geo Thermal Heat

Solid oak Woodmode kitchen cabinets w/ edges Formica tops

ceramic tile in kitchen

All appliances stay with home

Master suite 28'x15' w/ Whirlpool tub & large walk-in closet

Dining room plus breakfast nook

Sunken living room with fireplace

Family room with fireplace, built in entertainment center, 52" wide screen TV and wet bar

2 Covered porches and large brick patio

32'x64' Large workshop in brick, 2'x4' construction, fully insulated, sealed inside, concrete floor, 3-1 shingles

2 Additional pole barn buildings with steel siding, steel roof and concrete floor (24'x36' & 30'x36')

1 Large pole barn with steel siding and 2 open framed doors (51'x72')

Many possibilities contractor, landscaper, collector, with ample storage

PROCEDURE: The property will be offered in 1 individual tract.

DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of 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.

ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into Purchase Agreements at the auction site immediately following the close of the auction. Purchase agreements are available for review prior to the auction. All final bid prices are subject to the Sellers' acceptance or rejection in its sole discretion.

EVIDENCE OF TITLE: The Seller shall provide an owner's title insurance policy in the amount of the purchase price.

DEED: Seller shall provide proper deed conveying the real estate to the Buyer.

CLOSING: Closing shall take place within 30 days after auction day, or as soon thereafter as applicable closing documents and title insurance are completed. Costs for an insured closing shall be shared 50:50 between Buyer and Seller.

REAL ESTATE TAXES: Taxes shall be pro-rated to the day of closing.

POSSESSION: Buyer shall receive ownership 30 days after final closing.

SURVEY: The seller shall provide a survey of the property.

MINERAL RIGHTS: Seller shall convey its entire interest in the property including all mineral rights, if any, in the property owned by the Seller.

EASEMENTS: Sale of the property is subject to any and all easements of record.

AGENCY: Schrader Real Estate & Auction Company, Inc. and its representatives are exclusive agents of the Seller.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections or additions to the property information.

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 an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed 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 conducting his or her own independent inspections, investigations, inquiries, 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. Conduct of the auction and increments of bidding are at the direction and 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 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.