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REAL ESTATE AUCTION
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Lake House
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Boat & Boatlift
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Beautiful views of Lake Manitou
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All Appliances Stay!


REAL ESTATE AUCTION, Lake House
Lake Manitou, Rochester, Indiana, Fulton County
Owner: JB Ladd Sat, May 31, 2014 EASTERNAUCTION IS OVER
TOTAL SOLD: $150,000
Tract(s): 1 | @ $150,000 |
OPEN HOUSE/INSPECTION DATES
Saturday, May 10th from 10-12PM EST
Saturday, May 17th from 10-12PM EST
Or for a private showing, please call Jim at
888-808-8680 or 765-427-1913
PROPERTY LOCATION
2813 Barrett Road.
From the intersection of SR 25 & SR 14 (east side of Rochester); take SR 14 6/10 of a mile east to Barrett Road, then take Barrett Road 3/10 of a mile to the property on Lake Manitou.
AUCTION LOCATION
Held Onsite
PROPERTY DESCRIPTION
Imagine sitting on your deck with a morning cup of coffee enjoying the lake. A great place to invite family and friend for cook outs, water sports and relaxation.
Located on north shore of Lake Manitou, this two bedroom home has a great view, complete with a 12x24 upper deck facing the lake as well as an enclosed lower porch. This home has a family room, kitchen, bath and den. All appliances stay with the property: electric stove, dishwasher, double kitchen sink, garbage disposal and microwave.
Lower Level
The following items will be sold regardless of price:
AREA MAP
AREA MAP(S)
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 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 PRICE: The successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction. The final bid price is subject to the Sellers acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price.
DEED: Seller shall provide Warranty Deed.
CLOSING: Closing shall take place 15 days after proof of merchantable title.
POSSESSION: Possession is at closing.
REAL ESTATE TAXES: The Buyer will be responsible for the November 2014 real estate taxes and thereafter. $4,208/year.
EASEMENTS: The sale of the property is subject to any and all easements of record.
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 has 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.
SURVEY: A new survey will only be provided for good title policy.
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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