• Big Barbee Channel Front Home • Spacious 2,500 square feet • 4 Bedrooms and 2.5 Baths • Open Lake Views with 345+/- feet of Water Front • 2 Car Attached Garage • Detached 24ft x 24ft Garage

Sealed Bid Auction - 3 Channel Front Lots with Open Lake Views & 2,500 sq. ft. Home
Pierceton, Indiana - Barbee Chain of Lakes
Owner: Paul Waugh Mon, Jun 21, 2010 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Saturday, May 22, 10-11:30 AM
Sunday, May 23, 1-2:30 PM
Call for private inspections.
PROPERTY LOCATION
51 EMS B25 LN Pierceton, IN 46562 Directions: From the intersection of US 30 & SR 13 in Pierceton, turn North on SR 13, 4.5 miles or 3.5 miles South of North Webster on SR 13 to S. Barbee Drive. Turn west on S. Barbee Dr. and follow .7 mile to EMS B25 LN, then turn right to property.
AUCTION LOCATION
Sealed Bid Deadline
(Call or e-mail to request a bidder information packet)
Monday, June 21 • at Noon
The top 3 acceptable high bidders may return for competitive live bidding on
Saturday, June 26 at 9 am
PROPERTY DESCRIPTION
Great channel front property on Big Barbee Lake includes 3 lots with open lake views and 345’+/- of water front. This ranch home has approximately 2500 sq. ft. with attached 2 car garage, attached 2 car/boat storage area and additional 24x24 detached garage (all 3 areas are heated).
The home has 4 bedrooms, 2.5 baths, kitchen with appliances, laundry room (washer & dryer included), dining area, and living and 4 season rooms with lake views. Deck for cookouts and relaxing. Two gas forced air furnaces, two 40-gal. gas water heaters, and water softener. Parcel #005-129-042
Enjoy boating, fishing and skiing on Big Barbee Lake and the Barbee Chain of Lakes!
Main fish species are largemouth bass, bluegill, crappie, yellow perch, rock bass and pumpkinseed red ear.
AREA MAP
TRACT MAP(S)
AREA MAP(S)
PROCEDURE: Sealed bid with top 3 acceptable bids returning for a live verbal auction. To obtain a bidder information packet, call the Auction Managers. Bidding instructions and delivery information are included in the bidder information packet.
DOWN PAYMENT: 10% 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.
APPROVAL OF BID PRICES: The final bid prices are subject to the Sellers acceptance or rejection.
DEED: Seller shall provide a Warranty deed.
EVIDENCE OF TITLE: Seller shall 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
DITCH ASSESSMENTS: Buyer shall pay all ditch assessments due after closing if any.
ACREAGE LOT SIZE: All acreage or lot sizes are approximate and have been estimated based on current legal descriptions and/or aerial photos.
SURVEY: There will be no surveys as the property has an existing legal description.
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. Lot dimensions have been estimated based on aerial photographs and Kosciusko County assessor information. 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.
None at this time