Online Bidding: Farm Equipment Real Estate

Home / Auction Info

SOLD

WOODED BUILDING LOTS - LIME LAKE AND LAKE GAGE ACCESS - TIMED ONLINE AUCTION OFFERED IN 6 TRACTS OR IN COMBINATION

Mill Grove Township - Steuben County, IN

Owner: Dean & Brenda Rummel Tue, May 17, 2022 EASTERN

AUCTION IS OVER

TOTAL SOLD: $60,500

Tract(s): 1-6 @ $60,500

• Building Lots Offered in 6 Tracts • Lime Lake and Lake Gage Access • 12ft Access Lots on Orland Rd • Frontage on N 675 W • There is County Sewer on East Side of N 675 W • Lime Lake has Access to Lake to Lake Gage, Which is Great for Recreational Use and Fishing • Lime Lake is a Great Fishing Lake w/ Limited Speed

BIDDING OPENS SUNDAY, MAY 1ST @ 8:00 AM EASTERN

BIDDING CLOSES TUESDAY, MAY 17TH @ 2:30 PM EASTERN


OPEN HOUSE/INSPECTION DATES

Wed, May 4th from 4-6PM

PROPERTY LOCATION

ST GEORGE BY THE LAKE ESTATES LOTS 1, 2, 3, 4, 8, 9 & WALDEN WOODS LOT 1504R Watch for signs.

Approximate address: 4805 N 670 W, Orland, IN 46776

Directions: From Orland, IN, go east 2 miles on State Road 120 to County Rd 675 W, then south 2 miles. From Fremont, IN, go 10 miles west on State Road 120 to County Rd 675 W, then 2 miles south.

TRACT DESCRIPTIONS

Tract 1: 0.4± ac .37+/- ACRES Lot #1-B, St. George by the Lake Estates, 65FTx250FT .37+/- acres. Partially wooded, property is rolling w/ frontage on 675 W.

Tract 2: 0.4± ac .37+/- ACRES Lot #2-B, St. George by the Lake Estates, 65FTx250FT .37+/- acres. Partially wooded, property is rolling w/ frontage on 675 W.

Tract 3: 0.4± ac .37+/- ACRES Lot #3-B, St. George by the Lake Estates, 65FTx250FT .37+/- acres. Partially wooded, property is rolling w/ frontage on 675 W.

Tract 4: 0.4± ac .37+/- ACRES Lot #4-B, St. George by the Lake Estates, 65FTx250FT .37+/- acres. Partially wooded, property is rolling w/ frontage on 675 W.

Tract 5: 0.7± ac Lots #8B & 9B, St. George by the Lake Estates, 130FTx250FT .74+/- acres. Partially wooded, property is rolling w/ frontage on 675 W.

Tract 6: 0.4± ac .37+/- ACRES Lot #1504-R, Walden Woods 80FTx200FT .37+/- acres w/ frontage on 675 W & 670 W.


AREA MAP

TRACT MAP(S)

AREA MAP(S)

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

BUYERS PREMIUM: A 10% Buyers Premium will be added to the winning bid price to establish final purchase price.

DOWN PAYMENT: 10% 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 PRICE: The Successful Bidder will be required to enter into a purchase agreement immediately following the close of the auction. The seller has a right to accept or reject any or 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. 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) and Seller.

POSSESSION: Possession at closing.

REAL ESTATE TAXES: The Buyer shall pay the 2022 Real Estate taxes due in 2023.

ACREAGE: The lot size, dimensions and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos and a previous survey

SURVEY: No new survey shall be provided.

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

DISCLAIMER and ABSENCE OF WARRANTIES: All info 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 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, inquires,and due diligence concerning the property. The info contained in the brochure is subject to verification 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 Auction Company. The Seller and Selling Agents reserve the right to prelude 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.