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TIMED ONLINE ONLY REAL ESTATE AUCTION 1.84 +/- ACRES OFFERED IN 1 TRACT IN WHITLEY COUNTY, IN

Thorncreek Twp. - Whitley County, IN

Owner: Thomas and Viola Macy Trust Mon, Jun 13, 6:00 PM EASTERN
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• BIDDING OPENS: Friday, June 10th at 10am EST • BIDDING CLOSES: Monday, June 13th at 6pm EST


OPEN HOUSE/INSPECTION DATES

Sunday, May 15th 1PM to 3PM
Tuesday, May 17th 4PM to 6PM
or Call the Auction Manager for private appointments

PROPERTY LOCATION

2149 W 650 N, Columbia City, IN, 46725 From US 30 and SR 109 in Columbia City, turn north on SR 109, travel 5.5 miles to CR 600 N, then turn west, go 2.5 miles to CR 250 W, then turn north, go .5 mile to CR 650 N, then turn east .25 mile. Property on right.

PROPERTY DESCRIPTION

1 1/2 Story Country home, on 1.84+/- acres, 2155+/- square feet of living space: livingroom, 4 bedrooms, 1 bath, eat in kitchen with appliances, large mud room, and laundry. The home has a newer furnace, water softener, water heater, a new roof in 2019, replacement windows, and a large wood deck. Detached two car garage with plenty of work space and a 36ftx40ft pole building.

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, 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. 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 Trustees 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 shall be on day of closing, immediately following the closing.

REAL ESTATE TAXES: The 2022 Real Estate taxes shall be pro-rated to the day of closing. Buyer to pay all taxes thereafter.

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

SURVEY: No 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 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 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.