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Absolute Auction - Devils Lakefront Property

Absolute Auction - Devils Lakefront Property

Manitou Beach, MI - Lenawee County

Owner: Marcella M. Brink Trust Sat, Oct 23, 2010 EASTERN

AUCTION IS OVER

• Prime Lakefront Property on Devils Lake • Within walking distance of the Devils Lake Golf Course. • The lake bottom has a naturally sandy base and is ideal for swimming.


OPEN HOUSE/INSPECTION DATES

Sunday, October 3rd from 2-4 pm
Monday, October 11th from 4-6 pm
Or contact the auction company for your private showing.

PROPERTY LOCATION

4708 Round Lake Highway Manitou Beach, Michigan 49253 Lenawee County - Woodstock Township Parcel ID: WDO-575-8022-00 From intersection of Highways 12 & 127 near Somerset, MI, travel south on Hwy 127 to Hwy 223. Follow Hwy 223 southeast to Round Lake Hwy. Turn south (right) on Round Lake Hwy to the property. Watch for signs. From intersection of Highways 23 & 223 (Just north of Toledo, OH) travel northwest on Hwy 223 approximately 36 miles. Turn south (left) on Round Lake Hwy to the property. Watch for signs.

AUCTION LOCATION

Auction to be held at the property.

PROPERTY DESCRIPTION

Enjoy the great views of Devils Lake from the quaint covered patio of the 1,479 square foot, 2-story, 3 bedroom, 1 bath home. The main level has an open concept with kitchen, dining room, living room, bath, and bedroom. There are also 2 large bedrooms upstairs for all those summer guests.

Devils Lake is a natural lake located approximately
13 miles northwest of Adrian, Michigan.
This beautiful lake is the largest lake in
northwest Lenawee County as it covers
approximately 1,300 acres. Devils Lake has a maximum
depth of 63 feet. Its aquatic plant growth is quite limited.
Devils Lake has the reputation as one of the better fishing lakes
in Michigan. The lake contains a good population of largemouth
and smallmouth bass, bluegill, yellow perch, and pumpkinseed
fish as well as a fair population of walleye.
Devils Lake is also perfect for the power boat, skier, and jet-ski enthusiasts. Whether you want to fish, boat, ski, relax, or all of the above, come bid your price on this prestigious lake-front property!!

This is truly a rare opportunity to bid at an absolute auction on this great lake property that will sell to the highest bidder regardless of price. Consider the investment potential!!

TRACT DESCRIPTIONS

Tract 1: 0.5± ac


AREA MAP

Satellite area map of the auction location near Manitou Beach, MI - Lenawee County

TRACT MAP(S)

Tract map - Absolute Auction - Devils Lakefront Property

AREA MAP(S)

Area map - Absolute Auction - Devils Lakefront Property

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 cashier’s 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.

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 and Seller.

POSSESSION: Possession day of closing, immediately following the closing.

ABSOLUTE AUCTION: The successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction. The property will be sold absolute to the highest bidder.

EVIDENCE OF TITLE: Seller shall provide an owner’s title insurance policy in the amount of the purchase price.

DEED: Appropriate deed will be delivered at 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 closing. The seller and 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 and sufficient for providing title insurance.

AGENCY: Schrader Real Estate & 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 an â€

None at this time