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Schrader conducts 200 to 250 auctions annually.
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21 Acre Building Site - Excellent Development Potential - SR 14 Frontage
Wednesday, July 9, 6:00 pm South Whitley, IN · Whitley County
Owner: Whitley County Abstract & Title Insurance Corporation
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Contact Sales Manager:
Ritter D. Cox
(260) 609-3306
Request a Brochure:
Mail me this Brochure
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Tract Map - Click to enlarge
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Excellent Building Site
Gently Rolling Terrain
Potential Pond Site
Easy State Raod Access from Ft. Wayne
3 Miles East of South Whitley
Southwest of Columbia City
Northwest of Huntington
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PROPERTY LOCATION:South of Columbia City, IN, at the intersection of St. Rd. 9 and St. Rd. 14, travel west on St. Rd. 14 approximately 4-3/4 miles. Property located on northeast corner of St. Rd. 14 & CR 350 W.
AUCTION LOCATION:Approximately 2-3/4 miles east of property to Washington Road, then south 2 miles. Auction held at Washington Township Community Center.
PROPERTY DESCRIPTION:Property will sell as 1 tract consisting of 21.4 acres. Excellent views with gently rolling building sites. Possible pond site. Property is currently grass. It also has tremendous road frontage off of St. Rd. 14 and also CR 350 W. Dont miss this chance for a property with a country setting or look at the possibility of development. It is adjacent to Southwest Passage Subdivision.
AUCTION TERMS & CONDITIONS:
PROCEDURE: The property will be offered as a total unit.
DOWN PAYMENT: 10% down payment on the day of auction. 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. All final bid prices are subject to the Sellers acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Seller shall provide Corporate 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.
REAL ESTATE TAXES: Real estate taxes will be pro-rated 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 Bidders 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: 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 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. 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 persons 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.
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