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Real Estate Auction - Great Opportunity! Come Bid Your Price.

Real Estate Auction - Great Opportunity! Come Bid Your Price.

Elkhart, IN

Owner: G. Evelyn Jarret Tue, Sep 20, 2011 EASTERN

AUCTION IS OVER

• Unique small home located in quiet neighborhood


OPEN HOUSE/INSPECTION DATES

Monday, August 22, 4-5 PM
Tuesday, August 30, 5-6 PM
Call for private inspections

PROPERTY LOCATION

Address: 1112 Bower Street, Elkhart, IN 46514
Located east of SR 19 (Nappanee Street) on W Lexington Ave. to Ward St. Then go north 5 blocks to Bower St., then west to 3rd house on right at 1112 Bower St., Elkhart, IN 46514.

AUCTION LOCATION

Held on site.

PROPERTY DESCRIPTION

Unique small home located in quiet neighborhood. Home includes 2 bedrooms, 1 bath, living room, dining room, kitchen/appliances, plus full basement with washer & dryer hookups, and full attic.
LOT SIZE: 50 X 138
HOUSE: 968 sq ft- main living area
2 bedroom, 1 bath
Full unfinished basement
Full unfinished attic
Brick exterior
Hardwood floors
Original woodwork
Gas high efficiency furnace/AC
Newer gas hot water heater
Appliances stay
100 amp electric
GARAGE: Unattached 16 X 20 garage
TAXES: $302.48/ year Parcel #06-06-262-014-012
Elkhart County, Concord Twp., Elkhart Community Schools

TRACT DESCRIPTIONS

Tract 1:


AREA MAP

Satellite area map of the auction location near Elkhart, IN

PROCEDURE: There will be open bidding on the home during the auction as determined by the auctioneer. The property will be bid in the manner resulting in the highest total sale price.

DOWN PAYMENT: 10% of the accepted bid as down payment on the day of the auction with balance in cash at closing. The down payment may be 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. APPROVAL 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. The final bid prices are subject to the Sellers acceptance or rejection.

DEED: Seller shall provide a Warranty Deed.

EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.

CLOSING: Closing shall take place 15 days after proof of merchantable title.

POSSESSION: At closing.

REAL ESTATE TAXES: Taxes shall be prorated at time of closing. Buyer pays all taxes thereafter.

DITCH ASSESSMENTS: Buyer shall pay all ditch assessments due after closing.

SURVEY: There is an existing legal description for the parcel. There will be no surveys.

EASEMENTS: The sale of the property is subject to any and all easements of record.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. Tract acreage has been estimated based on aerial photographs. The property is being sold on an 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. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company 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.

None at this time