3.4 Acres Offered in 2 Tracts - 3 Bedroom Ranch Home plus Additional Lot

Fort Wayne, Indiana

Owner: Barbara Moistner and The Late Jerry Moistner Tue, May 1, 2012 EASTERN

AUCTION IS OVER

• 3 Bedroom, 2-1/2 Bath, Country Ranch Home • 3.4 Wooded Acres • Barns • Stream

OPEN HOUSE/INSPECTION DATES

Meet a Schrader Representative
Sunday, April 1, 2-4PM & Thursday, April 12, 5-7PM
or call for a private showing

PROPERTY LOCATION

8118 Hartzell Road, Fort Wayne, Indiana
(From Tillman Road, go south on Hartzell 1/2 mile to property)

AUCTION LOCATION

On Site

TRACT DESCRIPTIONS

Tract 1: 2.7± ac Gorgeous, 3 Bedroom, 2-1/2 Bath Ranch, over 2,000 Square Foot!
Home Features:

Situated on scenic 2.72 Wooded Acre lot adjacent to large lake property

Spacious Front Living Room

Family Room with Fireplace

Master Bedroom with Walk-ins and Master bath

Large Kitchen with Bar, Plenty of Cupboards, and walk-in pantry

Dining Area off of kitchen

Bonus Den room

Laundry Room

French Doors out to large deck in back

2 Car Attached Garage with attic space

24 x 30 Detached Garage, heat & central air

Additional 20 x 14 Detached Garage Plus 8 x 10 Barn

5 in. Well, Asphalt Drive East Allen School District.
Approximate Annual Total Taxes w/exemptions: $1400.

Tract 2: 0.7± ac Separate Tax parcel to be offered to be combined with home or adjacent land owner!

AREA MAP

TRACT MAP(S)

Tract map - 3.4 Acres Offered in 2 Tracts - 3 Bedroom Ranch Home plus Additional Lot

PROCEDURE: The property will be offered at oral auction. The two Tracts will be offered separately and in combination!

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, cashierâ€™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(s) 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 ownerâ€™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 30 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession on or before June 15, 2012.

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 Sellerâ€™s option and sufficient for providing title insurance.

AGENCY: Schrader Real Estate & Auction Co. of Fort Wayne, LLC., 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 â€