2 BEDROOM 1.5 BATH, ON FULL BASEMENT PARKVIEW AREA HOME

Fort Wayne, IN 2002 Lynn Ave. Near Parkview Hospital

Owner: Robert & Joan Morgan Equipment & Personal Property at 9:00 AM EASTERN
Real Estate Sat, Oct 9, 2010 EASTERN

AUCTION IS OVER

• Eat in kitchen • Large Living Room Gorgeous Hardwood Flooring throughout home • 2 very nice bedrooms with extras, Master has 2 closets • Enclosed Breezeway between home and garage • Full Clean and Dry Basement with extras • Nice One car garage and concrete drive • 150 amp electric services • Some replacement windows • Newer Gas Stove • Gas Forced Air and Central Air • 2 Floored attics for additional storage

OPEN HOUSE/INSPECTION DATES

Open House:
Sunday, Sept 19, 2-4PM

PROPERTY LOCATION

2002 LYNN AVENUE FORT WAYNE, IN (Located just behind Hall's, across from Parkvew Hospital. Turn north onto Woodward at Hall's and follow to property)

AUCTION LOCATION

at site

PROPERTY DESCRIPTION

Annual taxes: $556 with Exemptions
Located on a scenic corner lot, this is a very well maintained 2 bedroom, 1Ã

TRACT DESCRIPTIONS

Tract 1: 0.5± ac 2002 LYNN AVENUE, Fort Wayne, IN (Located just behind Hall's, across from Parkvew Hospital. Turn north onto Woodward at Hall's and follow to property) PERSONAL PROPERTY TO SELL AT 9:00AM & REAL ESTATE TO SELL AT 12:00 NOON Located on a scenic corner lot, this is a very well maintained 2 bedroom, 1.5 bath home on a full basement.

EQUIPMENT & PERSONAL PROPERTY

Shop, Woodworking, Hand & Garden Tools:
Delta bench model drill press, Black and Decker Industrial chop saw, Delta router shaper, Delta dust collector, Bosch 1608 trim router, 2 Craftsman 1, HP bench grinders, Home improvement books, Craftsman metric wrenches and other open and box end wrenches, Large Greenlee Nail Eater ll power bits, Irwin wood auger bit, other large bits, Various size smaller drill bits, Ratchets, sockets, swivel head sockets, extensions, all various sizes and makes, Electrical and plumbing supplies, copper fittings, Craftsman 5 piece wood chisel set, Craftsman 14 piece metric wrench set, Craftsman ignition gauge, Craftsman 3, 8 drive socket and wrench set, Many new saw blades various sizes and makes, Lots of hardware and parts, Levels; squares, Wagner power stripper, Machinist vise, Kennedy tool boxes and many other tool boxes, Craftsman 16 gallon shop vac, Hammers, Pliers, Files, Screwdrivers, Allen wrenches, Floor jacks, Hand saws, Bolt cutters, Large pipe wrench, Campbell Hausfeld 2 gallon air compressor, Craftsman 1, 2 HP air compressor, Painter's ladder, Yard tools and supplies, electrical cords, Quick Grip clamps and other clamps, Gas cans

Fishing Equipment:
Shakespeare Sea Wonder FC2080 fishing reel, Johnson Century model 100B fishing reel, Garcia Mitchell 30-B fishing reel, Johnson Century model 100 fishing reel, 2 Zebco 44 classic fishing reels, Quantam Hypercast fishing reel, Shakespeare 2062 fishing reel, Ted Williams 440 fishing reel, Shakespeare model 2065 QL fishing reel, Miscellaneous tackle boxes and tackle

Appliances & Household Items:
Kenmore dryer, White Westinghouse washer, Kenmore gas range (clean),Ã

REAL ESTATE AUCTION TERMS & CONDITIONS

PROCEDURE: The property will be offered at oral auction.

DOWN PAYMENT: $1500 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, 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: The successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of the auction.

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

DEED: Seller shall provide a Warranty Deed.

CLOSING: The balance of the purchase price is due at closing, which will take place within 15 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 Title Work. 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 Seller's 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 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.