AUCTION IS OVER

• 3 Bedrooms • Spacious Livingroom • 1,750 Sq. Ft. Living Space • Open Porch • Grape Arbor

OPEN HOUSE/INSPECTION DATES

HOME INSPECTION DATES:
Wednesday, August 25, 4-6 PM
Thursday, September 9, 4-6 PM

PROPERTY LOCATION

318 North Line St., Columbia City, IN

AUCTION LOCATION

Auction Held On Site

PROPERTY DESCRIPTION

This 1.5 story, turn of the century home is waiting for you! The home consists of 1750 sq. ft. of living space. The 21ft x7ft open front porch invites you to enter the spacious 21ft x14ft living room as it welcomes you to this home. The combination dining room and kitchen has overall dimensions of 25ft x11ft. The kitchen has beautiful oak cabinets that were installed in 2000. There are 3 bedrooms, bathroom and an 8ft x11ft utility room, complete with washer and dryer. A concrete drive leads to the 15ft x20ft attached garage. The home has vinyl siding and some replacement windows. The 149ft x72ft lot provides a spacious back yard with a garden spot and grape arbor. Great starter or retirement home.

TRACT DESCRIPTIONS

Tract 1: 1± ac 1.5 story, turn of the century home, 1,750 Sq. Ft. 3 Bedroom, 1 Bath

AREA MAP

AREA MAP(S)

PROCEDURE: The property will be offered at oral auction.

DOWN PAYMENT: 10% down payment on the day of auction with the balance in cash at closing. The down payment may be made 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.

ACCEPTANCE 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. Seller reserves the right to accept or reject any and all bids.

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

DEED: Seller shall provide a Personal Representative Deed.

CLOSING: The balance of the purchase price is due at closing, which shall take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession will be at closing, immediately following the closing.

REAL ESTATE TAXES: Real estate taxes will be prorated to day of closing.

SURVEY: A new perimeter survey will be completed. The 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.

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. 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 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 personÃ¢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

1.5 Story Turn of the Century Home - Great Starter or Retirement Home