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SOLD

TIMED ONLINE ONLY ABSOLUTE REAL ESTATE AUCTION - KOSCIUSKO COUNTY, INDIANA

Kosciusko County, Warsaw, Indiana

Owner: The Joyce A. Bush Rev. Trust Wed, Dec 1, 2021

AUCTION IS OVER

TOTAL SOLD: $152,047

Tract(s): 1 @ $152,047

Online Bidding is available for this auction. Click on the link(s) below to view more photos, catalog and to bid online.
** Click here for online Ring 1 **

Bidding Opens on Monday, November 29th at 9am - Bids Close Wednesday, December 1st at 6pm • Sells Absolute Regardless of Price • Zoned Commercial


OPEN HOUSE/INSPECTION DATES

Call the sale manager for private inspections

PROPERTY LOCATION

2 miles north of US 30 in Warsaw on SR 15 or 2 miles south of Leesburg on SR 15.

AUCTION LOCATION

TIMED ONLINE ONLY

TRACT DESCRIPTIONS

Tract 1: 2.6± ac Commercial zoned, with approximately 400' of road frontage on SR 15. High visibility and great location on the north side of Warsaw. There is an older two story country home (needs major renovations) or tear down for new improvements or business location, there is also a 125' x 20' older lean-to / tool shed and a 28' x 20 shed on the property.


AREA MAP

TRACT MAP(S)

AREA MAP(S)

PROCEDURE: The property will be offered at online only auction. Minimum bidding increments will be predetermined.

DOWN PAYMENT: 10% down payment on the day of auction w/ 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, & are capable of paying cash at closing.

BUYERS PREMIUM: A 7% buyer's premium will be added to the final bid price.

ACCEPTANCE OF BID PRICE: Sells regardless of Price

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. The targeted closing date will be approximately 30 days after the auction. Costs for an insured closing shall be shared 50:50 between Buyer(s) & Seller.

POSSESSION: Possession shall be on day of closing, immediately following the closing.

REAL ESTATE TAXES: The Seller will pay the 2021 Taxes. The Buyer will pay all taxes thereafter.

ACREAGE: The lot size, dimensions & proposed boundaries are approx. & have been estimated based on current legal descriptions and/or aerial photos.

SURVEY: No survey shall be provided.

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

DISCLAIMER & ABSENCE OF WARRANTIES: All info contained in this brochure & all related materials are subject to the terms & conditions outlined in the Purchase Agreement. The property is being sold on "AS IS, WHERE IS" basis, & no warranty or representation, either express, or implied, concerning the property is made by the Seller or Auction Company. All sketches & dimensions in the brochure are approximate. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquires, & due diligence concerning the property. The info 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 & increments of bidding are at the discretion of the Auction Company. The Seller & Selling Agents reserve the right to prelude 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.