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2 AUCTIONS - 2 DATES - REAL ESTATE & PERSONAL PROPERTY AUCTION IN ALLEN COUNTY, INDIANA
Tue, Jun 20, 6:00 PM
6310 Hollopeter Rd., Leo, Indiana - Allen County, Indiana

Owner: John & Judy Colgate

• Outstanding Home on Full Finished Basement and 10 acres with pond! • PERSONAL PROPERTY TO BE SOLD ON JUNE 22 @ 4PM • Beautiful Fine Furniture & Home Decor • Grand Piano • Truck • Mower • UTV • Guns • Police Collectibles • Large Disney Collection • Owners have retired and are hitting the road!! Selling everything that does not fit into motor home!!

OPEN HOUSE/INSPECTION DATES
Sunday, May 21 from 2-4pm and
Tuesday, May 30 from 5-7pm
or call office for private showing!



PROPERTY LOCATION
6310 Hollopeter Rd., Leo, Indiana

AUCTION LOCATION
Held On Site

PROPERTY DESCRIPTION
OUTSTANDING HOME ON FULL FINISHED BASEMENT & 10 ACRES W/POND!

This custom built home has nearly 5,000 square feet of living space including huge full finished basement! Custom built in 2005, this home boasts quality craftsmanship and owner pride throughout!
As you enter the gorgeous foyer, there is a study with glass double doors to the left and the Master and bedrooms to the right! The living room features tall ceilings highlighted by columns and a great view out the back. The kitchen is loaded with Grabill cabinetry and a center island then continues into the beautiful hearth room with a gorgeous gas fireplace and mantle area. Off of the hearth room is an open and bright sun room towards the back of the home with cathedral ceilings. The sun room overlooks the back yard and patio area.
There is a utility room next to the kitchen and also closet and pantry.
The spacious Master bedroom suite has treyed ceilings and then the large bath has garden tub and double vanity with pillars and large walk-in closet.
A large open stairway takes you to the lower level which is as impressive as you can imagine! There is a large wet bar with back bar, plus a very spacious family room area. Then, you proceed through double glass doors to a huge room that could have many uses from party room, possible additional bedrooms, or just a Great Rec Room!
There is a spacious two car garage plus a bonus single car garage with its own entrance which serves for a great lawn & garden and tool area!
The pond is approximately 3/4 acre with beach area and stocked with bluegill.
Lots of garden and forestation opportunities on this property!

PROCEDURE: The property will be offered at public oral auction.

DOWN PAYMENT: $10,000 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 of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession day of closing, immediately following the closing.

REAL ESTATE TAXES: Real Estate Taxes will be pro-rated to the day of closing.

SURVEY: A new perimeter survey will be completed only 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. of Fort Wayne, LLC., 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 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.