• REAL ESTATE @ 10AM • PERSONAL PROPERTY @ 11AM • Northeast Indiana Horse Training Facility • 4 Bedroom Home, Barn & 28 Acres! • Online Bidding Available
REAL ESTATE & PERSONAL PROPERTY AUCTION
703 E. 1100 N., Roanoke, IN, Huntington County
Owner: Jim & Betty Wilson Real Estate Sat, May 2, 2015 EASTERNEquipment & Personal Property at 11:00 AM EASTERN
AUCTION IS OVER
TOTAL SOLD: $365,000
| Tract(s): 1 | @ $200,000 | ($25,000/acre) |
| Tract(s): 2+3 | @ $165,000 | ($8,250/acre) |
OPEN HOUSE/INSPECTION DATES
To preview the Real Estate
Monday, April 6 from 5-7 pm
Sunday, April 12 from 2 -4 pm
Call the office for private showing.
PROPERTY LOCATION
703 E. 1100 N., ROANOKE, IN
(2 Miles east of State Road 9 and 2 miles south of State Road 114)
AUCTION LOCATION
Held Onsite
TRACT DESCRIPTIONS
Tract 1: 8± ac CUSTOM BUILT 4 BEDROOM RANCH HOME, 40 X 80 BARN. The home features split bedroom style with over 2100 square foot of living space. There are 4 bedrooms, and 2 baths. Open kitchen with spacious dining area, woodburning fireplace and bright sunroom. There is a 2 car attached garage and patio out the back. Home has gas forced air and central air. The barn features 6 horse stalls, a wash stall, and open area for storage. There is upper hay loft, plus a private office with bath room and a tack room. There are two 8 foot sliding doors and a 12 foot sliding door. There are 4 fenced paddocks plus additional 3.5 acre hay or pasture field. Fencing is pipe and vinyl fencing.
Tract 2: 4± ac SWING TRACT; This tract is adjacent to tract 1 to the east. It is currently hay field. It can be combined with Tract 1 or purchased separately by an adjacent land owner.
Tract 3: 16± ac SWING TRACT, INCLUDING 5/8 MILE TRACK. This tract can also be combined with Tract 1 or purchased separately by an adjacent land owner. The track is rock, sand and limestone. There is also hay outside and inside the track.
EQUIPMENT & PERSONAL PROPERTY
TRACTOR, TRUCKS, TRAILERS
HORSE EQUIPMENT:
EQUIPMENT & IMPLEMENTS:
TOOLS & SHOP EQUIPMENT:
ANTIQUES & COLLECTIBLES:
FURNITURE:
Country Blue sleeper sofa and loveseat
HOUSEWARES:
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
AREA MAP(S)
PROCEDURE: The property will be offered in 3 tracts, and combination of the tracts, subject to Swing Tract rules. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on each tract and the combination may compete.
DOWN PAYMENT: $2500 down payment on Tract 1 and any combination with Tract 1. 10% down payment on all other tracts on the day of auction with the balance in cash at closing. The down payment may be made in the form of 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: All successful bidders will be required to enter into purchase agreements at the auctions 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 owners title insurance policy in the amount of the purchase price.
DEED: Seller shall provide a Warranty Deed(s).
CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of the auction. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
POSSESSION: Possession shall be on day of closing, immediately following the closing.
REAL ESTATE TAXES: The Real Estate taxes shall be pro-rated to the day of closing.
ACREAGE: All tract acreage, dimensions and proposed boundaries are approximate and 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 the tract divisions in this auction create new boundaries. Solely the Seller shall determine any need for a new survey. 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 Sellers option and sufficient for providing title insurance. Combination purchases will receive a perimeter survey only.
AGENCY: Schrader Real Estate & Auction of Fort Wayne, LLC., 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.
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