• 4 Bedroom 3,100 sq. ft. Home on the Lake • Potential Lakefront & Lakeview Building Sites • Great Location Close to SR 9 & Columbia City • Whitley County Consolidated Schools • 6+/- miles North of Columbia City • 25+/- miles Northwest of Fort Wayne
Shriner Lake Auction - 150+/- ft. on Shriner Lake Offered in 4 Tracts
Columbia City, IN - Whitley County
Owner: Eugene and Karen Heckman Sat, Jun 26, 2010 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Thurs., May 27 from 4-6 PM
Sat., June 12 from 11 AM - 1 PM
Meet a Schrader rep. at the home on Tract 2.
PROPERTY LOCATION
From the intersection of Hwy 30 and SR 9, on the north side of Columbia City, travel north on SR 9 6-1/2 miles to Poplar Road (just past CR 600N). Turn east (right) on Poplar Road and travel 1/8 mile to the property at the top of the hill.
AUCTION LOCATION
Auction Held On Site
PROPERTY DESCRIPTION
A very private setting with a unique view down the length of Shriner Lake. Beautiful country setting with mature trees, lake views and frontage and great location close to Columbia City and Fort Wayne.
In the Schrader Method of Auction, you can bid on a tract, combination of tracts or the whole property in the manner that fits your needs.
TRACT DESCRIPTIONS
Tract 1: 0.5± ac (20,000+/- sq. ft.) lake lot with approximately 70 ft. of lake front on Shriner Lake. Access from Poplar Road. This is an absolutely beautiful wooded building site. Sewer available.
Tract 2: 2± ac including a 4-bedroom, 3,100 sq. ft. home on Shriner Lake. Approximately 80 ft. of lakefront. Finished walkout basement with kitchenette. Beautiful mature trees and great views of the lake from an elevated deck. Come to an inspection date to see this home! 1600 E. Poplar Rd.
Tract 3: 0.8± ac potential building site. Road frontage on two sides! Includes lovely orchard. Sewer available. Consider building your dream home close to the lakes or a potential business.
Tract 4: 3± ac partially wooded potential building site with views of Shriner Lake. Great location close to SR 9 and Columbia City!
AREA MAP
TRACT MAP(S)
AREA MAP(S)
PROCEDURE: The property will be offered in 4 individual tracts, any combination of tracts, and as a total unit. There will be open bidding on tracts, tract combinations, and the total during the auction as determined by the Auctioneer. Bids on individual tracts and the total property may compete.
DOWN PAYMENT: 5% down payment on the day of auction. 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: All successful bidders will be required to enter into Purchase Agreements at the auction 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 owner's title insurance policy in the amount of the purchase price.
DEED: Seller shall provide Warranty Deed(s).
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 administered closing shall be shared 50:50 between Buyer(s) and Seller.
POSSESSION: Possession will be at closing on Tracts 1, 3 & 4. Possession on the home will be 30 days after closing.
REAL ESTATE TAXES: Taxes will be prorated to the date of closing.
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquires and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidder's safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.
ACREAGE: All tract acreages, 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 new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. 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 & Auction Company, 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 an 'AS IS, WHERE IS' basis, and no warranty or representation, either expressed 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 conducting his or her own independent inspections, investigations, inquiries, 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. Conduct of the auction and increments of bidding are at the direction and 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 person's 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.
