• This home is being offered at auction to settle the estate. It was appraised in 2007 at $90,500.00. It will sell to the highest bidder at $70,000.00 or higher. • • Take advantage of the first time home buyer opportunity. • • You may be able to own this home for less than rent!
Home Auction - 6513 Golden Lane, Fort Wayne, IN
Fort Wayne, IN
Owner: The Estate of M.J. Bennett Attorney for the estate: Timothy Bloom By Co-Executors: Dennis A. Bennett and Claude E. Bennett (For property information call Dennis at 260-433-2159) Sat, Nov 28, 2009 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
PROPERTY LOCATION
6513 Golden Lane, Fort Wayne, IN Directions: From the junction of Hwy 37 or Stellhorn Road at Maplecrest Rd., travel north approx. 1/2 mile to Golden Lake, turn east, follow auction signs.
AUCTION LOCATION
On site.
PROPERTY DESCRIPTION
This modified cape cod style home has a great St. Joe Township location. Just off Maplecrest Road on Golden Lane in the Golden Acres Subdivision.
Close to every need, shopping, groceries, drug stores, schools.
This home will sell to the highest bidder at or above $70,000.00
This 4 bedrom home has approximately 1,250 sq. ft. of living area, 1-1/2 bathes, with 2 bedrooms upstairs w/ hardwood floors. Master bedroom and bath downstairs and another bedroom that could be a den, office or sewing room. A 2-car attached garage, plus a 20ââ,¬TMx20ââ,¬TM shop or garden shed in backyard. A great home for that growing family.
The ââ,¬oeModified Cape Cod Styleââ,¬Â home has a brick face in front with aluminum siding on the balance.
The home has electric heat and a large wall mounted ac unit. Because this house was built and insulated for electric heat, the heating and cooling costs are very reasonable.
This home has city water, city sewer and garbage pick-up.
Schools: St. Joe Center or Croninger Elementary, Jefferson Middle School, Snider High School
EQUIPMENT & PERSONAL PROPERTY
TRACT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered at oral auction.
DOWN PAYMENT: $2500 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, cashierââ,¬TMs 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 less than $70,000.
EVIDENCE OF TITLE: Seller shall provide an ownerââ,¬TMs 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 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. 2008 taxes payable in 2009 with a homestead exemption was $711.96.
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 Sellerââ,¬TMs option and sufficient for providing title insurance.
AGENCY: Schrader Real Estate & Auction Co., 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 ââ,¬oeAS IS, WHERE ISââ,¬Â 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 personââ,¬TMs 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.
None at this time
