AUCTION IS OVER

• Beautiful Custom Ranch Home • Ashford Lakes Subdivision

Auctioneers Note: Mr. Connerly took pride in his home and antique collection. The home and personal property items are in excellent condition. Dont miss out on this wonderful opportunity to purchase a beautiful custom built home and a lifetime collection of quality antiques.

OPEN HOUSE/INSPECTION DATES

Sunday, January 20, 2-4pm

For serious real estate buyers only.

PROPERTY LOCATION

9185 Lake Shore Ct. New Haven, IN 46774 Directions: Take Moeller Rd. just West of Werling Rd. to Ashford Blvd. (Ashford Lakes Subdivision) & turn South to Lake Shore Ct. (2nd St.) & turn West (Right) to auction site.

AUCTION LOCATION

Held on site.

PROPERTY DESCRIPTION

Custom built ranch home by Niemeyer Builders -1,800 Sq. Ft. on a slab

Built 2001

14x17 master bedroom with lighted tray ceiling

Master bathroom w/ jet tub, glass block window, built-in electric fireplace, double sinks, & walk-in closet

13x13 guest bedroom w/ cathedral ceiling

Full bathroom w/ tub/shower

9x6 Laundry room w/ half bathroom

20x20 living room w/ cathedral ceiling

14x14 kitchen w/ custom design ceramic tile floor, custom hickory cabinets, California lighting, Kenmore refrigerator, Spectra flattop range

11x14 Dining room w/ ceramic tile floor & cathedral ceiling

33x23 3 car attached finished garage w/ small workshop area

GFA heat & central air

Custom woodwork, 6 panel doors & Anderson windows

12x14 rear screened in porch & brick paver patio

Wood picket fenced backyard

Brick front & vinyl siding

Taxes: 2011 pay 2012 $1,450.64

East Allen County school district

AREA MAP

PROCEDURE: The property will be offered at 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 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 PRICES: The successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of the auction.

EVIDENCE OF TITLE: Seller shall provide an owner ft.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, which will take place within 30 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession day of closing, immediately following the 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 Title Insurance. The cost of the new survey, if necessary, shall be split 50/50 between Buyer and Seller.

AGENCY: Schrader Real Estate & Auction Co. of Fort Wayne, LLC., 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 AS IS, WHERE IS basis, and no warranty or representation, either express, or implied, concerning the property is made by the Seller or the 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, inquiries, and due diligence concerning the property. The information 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 Auctioneer. The Seller and Selling Agents reserve the right to preclude 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.

Personal Property TERMS & CONDITIONS

Cash, Check, Mastercard, Visa. 3% convenience fee on credit card purchases. Not responsible for accidents.