• 1.76+/- Acre Commercial Property • Approx. 3000 Sq. Ft. Building • Metal Working & Shop Tools • Parts & Repairs • Office Equip. & Supplies • Trucks, Autos, Bicycles • Lawn & Estate Care • Online Bidding Available • AUCTIONEERS NOTE: Real Estate will sell at 10:00 AM. Personal Property at approx.10:30 AM.
REAL ESTATE & PERSONAL PROPERTY AUCTION IN ELKHART CO., INDIANA
Elkhart, Indiana - Elkhart County, Indiana
Owner: HEILMAN HEATING & AIR, Nancy Havens Real Estate Mon, Sep 11, 2017 EASTERNEquipment & Personal Property at 10:30 AM EASTERN
AUCTION IS OVER
TOTAL SOLD: $80,000
| Tract(s): 1 | @ $80,000 |
PROPERTY LOCATION
911 Plum St. Elkhart, IN 46514 - Northwest side of Elkhart.
DIRECTIONS: West of Michigan St. and East of Oak St. on Beardsley Ave. to Plum St., go north to sale site.
AUCTION LOCATION
Held On Site
PROPERTY DESCRIPTION
Commercial Property - 1.76+/- Acres: 282.5 ft. Frontage on Plum St. and 312.88 ft. deep, zoned M-2. Building approx. 3,000 sq.ft. w/ office, warehouse, work area, 2 rest rooms. Lots of electric available, 3 phase and single phase.
EQUIPMENT & PERSONAL PROPERTY
METAL WORKING & SHOP TOOLS
PARTS & REPAIRS
OFFICE EQUIP. & SUPPLIES
TRUCKS, AUTO & BICYCLES
LAWN & ESTATE CARE
AREA MAP
TRACT MAP(S)
AREA MAP(S)
TERMS AND CONDITIONS - Real Estate:
PROCEDURE: The property will be offered in 1 tract. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. The property will be bid in the manner resulting in the highest total sale price.
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 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 Warranty Deed.
CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days after the auction. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
POSSESSION: Possession at closing.
REAL ESTATE TAXES: Real Estate Taxes will be pro-rated to the day of closing.
Property Inspection: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries, and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel.
SURVEY: A new perimeter survey will be completed if necessary for closing. 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 Co. 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 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.
PERSONAL PROPERTY: Cash, check, Mastercard & Visa. 4% convenience fee charged on all credit card purchases.
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