• 4 BEDROOMS • 2 1/2 BATHROOMS • 4,000 SQ FT • SHADY LOT
REAL ESTATE AUCTION OFFERED IN 1 TRACT IN KOSCIUSKO COUNTY, INDIANA
507 W Emeline St, Milford, IN 46542 - Kosciusko County, Indiana
Owner: Eudora Hurd Tue, Jul 15, 6:00 PM EASTERN
OPEN HOUSE/INSPECTION DATES
Tuesday July 8, 2025 from 4-6pm
Thursday July 10, 2025 from 4-6pm
PROPERTY LOCATION
507 W Emeline St, Milford, IN 46542
Travel West of SR 15 two blocks from the stoplight at South side of town.
AUCTION LOCATION
507 W Emeline St, Milford, IN 46542
Travel West of SR 15 two blocks from the stoplight at South side of town.
PROPERTY DESCRIPTION
Beautiful home located on a shady lot in the west part of Milford, IN. Close to school, but in a quiet area, not far from the country. All brick exterior, with a brick two car garage. Home has 2 bedrooms and 1 1/2 baths, plus a large living room and office on 1st floor. Home features a full finished basement with 2 bedrooms and a full bath, plus wood burning fireplace, and lots of room to entertain. The main floor and basement offer 4,000 sq. ft. of possibilities! The home needs some updating, but is a very solid well-built house. Home will fulfill many dreams for all age groups!
TRACT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered in 1 individual tract. There will be open bidding on the tract during the auction as determined by the Auctioneer.
DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of 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.
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. All final bid prices are subject to the Sellers' acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide an owner's title insurance policy in the amount of the purchase price.
DEED: Seller shall provide Warranty Deed(s).
CLOSING: The targeted closing date will be approximately 30 days after the auction.
POSSESSION: Possession is at Closing.
REAL ESTATE TAXES: Real estate taxes will be the responsibility of the Buyer(s) beginning w/ taxes due in November & prorated to the day of closing & beyond.
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries & due diligence concerning the property. Inspection dates have been scheduled & will be staffed w/ auction personnel. Further, Seller disclaims any & all responsibility for Bidder's safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.
ACREAGE: All tract acreages, dimensions, & proposed boundaries are approximate & have been estimated based on current legal descriptions and/or aerial photos.
SURVEY: The Seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. Seller & successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Seller's option & sufficient for providing title insurance.
AGENCY: Schrader Real Estate & Auction Company, Inc. & its representatives are exclusive agents of the Seller.
DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in this brochure & all related materials are subject to the terms & conditions outlined in the Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis, & no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches & dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, & due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction & increments of bidding are at the direction & discretion of the Auctioneer. The Seller & Selling Agents reserve the right to preclude 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.
