• Fantastic Chapman Lake Views • One Bedroom Cottage • Enclosed & Insulated Deck • Enjoy Boating, Skiing, and Fishing • Great Opportunity to Purchase Frontage on one of Indiana's Cleanest Lakes
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Real Estate Auction - Big Chapman Lake - Lakefront Cottage
Big Chapman Lake - Warsaw, IN
Owner: Perry Morton Sat, Jun 26, 2010 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Saturday, May 22, 1-2:30 PM
Monday, May 24, 4-5:30 PM
Call for a private inspection
PROPERTY LOCATION
Big Chapman Lake
116 EMS C19 Ln, Warsaw, IN
Directions: From US 30 in Warsaw at Old 30 (Kmart) turn north then follow Old 30, 1 mile to CR 300 E (County Highway Garage) turn north 2.5 miles to the intersection of CR 250 N and Chapman Lake Drive. Stay left on Chapman Lake Drive .6 mile to EMS Ln 19, turn left approximately .1 mile to property on right.
AUCTION LOCATION
Auction Held On Site
PROPERTY DESCRIPTION
48ft +/- of lake frontage, sea wall and approximately 420ft of depth. One bedroom cottage with kitchen and bath. 20ft x14ft, enclosed insulated deck, with dual pane glass windows for great lake views and relaxing. Also enjoy the 20ft x 12ft open deck for grilling and entertaining. Enjoy boating, fishing and skiing on this all sports lake. Big and Little Chapman Lakes contain approximately 534 acres of water area. Bluegill, bass, perch, walleye and crappie are a few of the fish native to Chapman Lakes. Parcel #029-104-081.
41 miles to Fort Wayne
50 miles to South Bend
119 miles to Indianapolis
123 miles to Chicago
AREA MAP
TRACT MAP(S)
AREA MAP(S)
PROCEDURE: There will be open bidding during the auction as determined by the auctioneer, bidding will be on a lump sum basis. Bidding will remain open until the close of the auction. The seller reserves the right to accept or reject any bids.
DOWN PAYMENT: 5% 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, cashier’s check, personal check or corporate check.
APPROVAL OF BID PRICES: 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: 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: There will be no survey as the property has an existing legal description.
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. The lot size has been estimated based on aerial photographs and available Kosciusko County Assessors information. 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 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.
None at this time