• Property photo 1 - SEALED BID Prime Commercial Real Estate AUCTION - 3 Tracts
  • Property photo 2 - SEALED BID Prime Commercial Real Estate AUCTION - 3 Tracts
  • Property photo 3 - SEALED BID Prime Commercial Real Estate AUCTION - 3 Tracts
  • Property photo 4 - SEALED BID Prime Commercial Real Estate AUCTION - 3 Tracts
  • Property photo 5 - SEALED BID Prime Commercial Real Estate AUCTION - 3 Tracts
SEALED BID Prime Commercial Real Estate AUCTION - 3 Tracts

SEALED BID Prime Commercial Real Estate AUCTION - 3 Tracts

Syracuse, Indiana

Owner: Doris Coburn & Charles Harris Thu, Aug 18, 2011 EASTERN

AUCTION IS OVER

• SEALED BID DUE: THURSDAY, AUGUST 18 AT NOON • TOP THREE BIDDERS TO RETURN FOR COMPETITIVE LIVE BIDDING ON THURSDAY, AUGUST 25 AT 11 AM. Tract 3 Sells Absolute Without Reserve • Frontage on SR 13 in Syracuse, Indiana • In the Heart of the Lake Wawasee Business District


OPEN HOUSE/INSPECTION DATES

Call for private inspections.

PROPERTY LOCATION

On State Road 13 (Huntington St.) in Syracuse. Tract 1 on the north side of Pizza Hut. Tract 2 behind Pizza Hut, turn east on Bowser Rd. Tract 3 from State Road 13, one block north of Bowser Rd. turn east on Lynwood Drive.

AUCTION LOCATION

On site.

PROPERTY DESCRIPTION

Note: Tracts 1 & 2 may be bid in combination or separately. Tract 3 cannot be bid in a combination.

TRACT DESCRIPTIONS

Tract 1: 0.5± ac Excellent location with frontage on State Rd. 13 (Huntington St.) and Bowser Rd. commercial or retail.

Tract 2: 1.5± ac Large lot approximately 1.5 acres, block storage building, with road frontage on Bowser Rd. and Lynwood Dr.

Tract 3: 0.3± ac Sells absolute regardless of price. On approximately 1/3 acre, building site, apartment, duplex or business with frontage on Lynwood Dr.


AREA MAP

Satellite area map of the auction location near Syracuse, Indiana

TRACT MAP(S)

Tract map - SEALED BID Prime Commercial Real Estate AUCTION - 3 Tracts

AREA MAP(S)

Area map - SEALED BID Prime Commercial Real Estate AUCTION - 3 Tracts

PROCEDURE: Sealed bid with top 3 high bidders returning for a live verbal auction. To obtain a bidder information packet Call the Auction Manager. Bidding instructions and delivery information are included in the bidder information packet.

DOWN PAYMENT: 10% is required with the sealed bid as down payment with balance in cash at closing. The down payment may be in the form of cash, cashier’s check, personal check or corporate check. APPROVAL OF BID PRICES: The final bid prices are subject to the Sellers acceptance or rejection. Except Tract #3 shall sell to the high bidder regardless of price.

DEED: Sellers shall provide a Warranty deed.

EVIDENCE OF TITLE: Sellers 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: Pro-rate to day of closing

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

ACREAGE LOT SIZE: All acreage or lot sizes are approximate and have been estimated based on current legal descriptions and/or aerial photos.

SURVEY: A new survey shall be prepared the cost shall be shared 50/50 between buyer(s) and seller(s).

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. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY included in the bidder information packet and AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. Tract acreage has been estimated based on aerial photographs. The property is being sold on an â€

None at this time