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Estate Auction - Great Investment Opportunity

Estate Auction - Great Investment Opportunity

Fort Wayne, Indiana

Owner: Robert Brooks Estate Thu, May 12, 2011 EASTERN

AUCTION IS OVER

• 3 Bedroom Duplex • Historic Williams/Woodland Park Historical District


OPEN HOUSE/INSPECTION DATES

Call Office for Showing

PROPERTY LOCATION

201 Woodland Avenue, Fort Wayne corner of S. Harrison and West Woodland Avenue, across from Simpson United Methodist Church

AUCTION LOCATION

On site.

TRACT DESCRIPTIONS

Tract 1: 1± ac > Main level with Living Room, Family Room, Large Kitchen, Bedroom, and Bath plus Bonus Room that could be 2nd Bedroom or Den

  • Upper has Family Room, Kitchen and Bedroom and Bath
  • Covered Front Porch
  • (2) Gas Forced Air Furnaces
  • Wood Burning Fireplace
  • New Carpet
  • New Exterior Paint
  • Foundation Updated
  • Good Roof
  • Small Off Street Parking Area Annual Taxes: $602.76


    AREA MAP

    Satellite area map of the auction location near Fort Wayne, Indiana

    • AREA MAP(S)

    Area map - Estate Auction - Great Investment Opportunity

    PROCEDURE: The property will be offered at public oral auction.

    DOWN PAYMENT: $1500 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, 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.

    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. Seller reserves the right to reject any and all bids.

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

    DEED: Seller shall provide a Personal Representative’s Deed.

    CLOSING: The balance of the purchase price is due at closing, which will take place within 15 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 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 and Auction Company 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 â€

    None at this time