• 1,400 Sq. Ft. • Full Basement • 2 Car Garage • Pasture Potential • East Allen Schools
Auction - 24.5 Tillable Acres and Home on 5 Acres
East of New Haven
Owner: Frances Bruns Estate •Attorney: Carl Miller Mon, Oct 4, 2010 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Sunday, September 12 4-4pm or call office of private viewing
PROPERTY LOCATION
15635 Slusher Road New Haven, IN 46774
AUCTION LOCATION
On site.
TRACT DESCRIPTIONS
Tract 1: 5± ac A well cared for 3 Bedroom, 1400 Square Foot Story and a half on full basement! The home and 2 car detached garage is situated on a long 5 acres. There is over 1000 feet of road frontage along Slusher Road. Good pasture potential! The home features a large country kitchen with updated oak cabinets. There is a very large living room area and a bonus room which could be a den or even 4th bedroom. There are 3 bedrooms and 1 bath on the main level. There is an additional room on the front that could be a 4th bedroom or a den or study with an outside entrance. There is a stairway off of the kitchen to a full floored attic area. There is a spacious and dry full basement for lots of storage space. The home is heated by electric baseboard heat but there still remains a large wood burning furnace with duct work to the upstairs. The garage is a two-car, plus additional bay for storage. There are fruit and mature shade trees in the yard. The property is services by well and septic.
Tract 2: 24.5± ac This tract lies between the original U.S. 24 and the new U.S. 24. There is over 1700 feet of frontage along original 24 and over 200 feet of frontage on Berthaud Road. The tract corners at original U.S. 24 and Berthaud Road with access off of Berthaud Road. This tract is level with mostly Hoytville silty clay soils.
AREA MAP
TRACT MAP(S)
PROCEDURE: The property will be offered in 2 tracts, and as a total unit. There will be open bidding on both tracts and the combination during the auction as determined by the Auctioneer. Bids on tracts, and the total property may compete.
DOWN PAYMENT: TRACT 1 - $1500 down payment on the day of auction with the balance in cash at closing.
TRACT 2: 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: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. Seller reserves the right to reject any and all bids.
EVIDENCE OF TITLE: Seller shall provide an owner’s title insurance policy in the amount of the purchase price.
DEED: Seller shall provide a Personal Representative’s Deed.
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 insured closing shall be shared 50:50 between Buyer(s) and Seller.
POSSESSION: Possession on day of closing, immediately following the closing subject to the tenant farmer’s soybean crop.
REAL ESTATE TAXES: The Seller shall all of the 2010 Real Estate Taxes due in 2011. The Buyer(s) shall pay all thereafter.
ACREAGE: All tract acreage, 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 the tract divisions in this auction create new boundaries. 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 of Fort Wayne, LLC. 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 “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. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure is subject to verifications 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 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.
None at this time
