SOLD

Real Estate & Personal Property Auction

Churubusco, Indiana

Owner: Byron Zolman Equipment & Personal Property at 10:00 AM EASTERN
Real Estate Sat, Jan 26, 2013 EASTERN

AUCTION IS OVER

TOTAL SOLD: $115,000

Tract(s): 1 @ $115,000

• 7200 sq. ft. building on 2 acres, Woodworking Tools, Hand Tools, Hardware, Display Kitchen and Cabinets, Office Furniture, Equipment and Supplies, Appliances, Lumber, Miscellaneous.

Personal Property begins at 10 a.m. Real Estate starts at 12 p.m. Auction held indoors.Personal Property and all equipment will be offered ABSOLUTE. Real Estate offered with RESERVE.


OPEN HOUSE/INSPECTION DATES

Saturday, January 12, 1 p.m. - 6 p.m.

PROPERTY LOCATION

4582 East Anderson Road, Churubusco, IN 46723

AUCTION LOCATION

Auction will be held indoors, on site.

PROPERTY DESCRIPTION

Commercial Building:
7200 sq. ft. commercial building zoned GC General Commercial. Building dimensions are 60 ft. x 120 ft. with 12 ft. eve height. Dry wall interior, 2 half baths, office, break room, OSHA approved spray booth. This building is well insulated and is heated by hanging LP gas heaters. The building is serviced by a 4 in. well and a commercial septic system. This building sits on 2 acres with a 60 ft. wide stone drive adequate for semi traffic. The property has 324.3 ft. of frontage on Anderson Road and is 268.73ft. deep.

TRACT DESCRIPTIONS

Tract 1:

EQUIPMENT & PERSONAL PROPERTY


BUILDING CONTENTS:

  • AME drum sander
  • Delta dowel machine
  • Jet shaper, 2 hp
  • Jet shaper, 1.5 hp
  • Powermatic jointer
  • Accour planer, 15 in.
  • Jet crown molder
  • Shop Fox Oslat sander
  • Shop Fox drill press
  • Shop Fox band saw
  • Craftman radial arm saw
  • Dewalt miter box saw
  • (2) Jet side sanders
  • Kellog air compressor
  • Hvlp 2 gal. spray gun
  • (4) nail guns
  • (2) Delta table saws
  • Shop Fox fly sander
  • Dove tail jig
  • Raised panel arch set
  • Solid surface glue gun
  • Random shaper router bits
  • Dewalt lam. cutter
  • Bosch joint router
  • Powermatic 13-hole drill
  • Random clamps
  • (3) Powermatic feeders
  • 3-phase 25 hp converter
  • Dust collector & hoses
  • Indoor dust collector
  • Shop vac
  • Powermatic clamping table
  • Ritter 375 v. framing table
  • Powermatic spindle shaper
  • Floor fan
  • Kitchen
  • Barrels
  • Kart air compressor
  • Hardwood
  • Plywood
  • Hardware, 400 or more pieces
  • Glass
  • Vanity
  • China cabinet
  • Vanity
  • Desk
  • Lockers
  • Cabinets
  • Small fireproof safe
  • Outdoor sign
  • Countertops
  • Wide belts
  • Steel cabinet
  • Wood bins
  • Steel bins
  • Doors
  • Laminates
  • Spray racks
  • Benches
  • Marble tops
  • Light fixtures & drawer guides


    AREA MAP

  • TRACT MAP(S)

    SURVEY INFORMATION

    PLAT MAP(S)

    PROCEDURE: The property will be offered at public oral auction.

    DOWN PAYMENT: $5000 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, cashiers 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. Seller reserves the right to reject any and all bids.

    EVIDENCE OF TITLE: Seller shall provide an owners 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 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 Commitment. The seller shall determine any need for a new survey and shall order survey. The cost of the new survey, if necessary, shall be split 50/50 between Buyer and Seller.

    AGENCY: Schrader Real Estate and Auction Company, 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 persons 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.

    PERSONAL PROPERTY TERMS:

    Cash, Good Check, Visa, or MasterCard w/Photo ID. All items sold AS IS. Not responsible for accidents.

    Zolman2_BLANK.pdf

    Click to access

    Kentucky Licensed Real Estate Broker: Rex D. Schrader #222451