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REAL ESTATE AUCTION IN WHITLEY COUNTY, INDIANA
Wed, Dec 5, 6:00 PM
1601 E. Sparrow Cove, Columbia City, Indiana - Whitley County

Owner: Gerald Boyd Revocable Trust



• Beautiful 3 Bedroom Home • New Kitchen • Completely Remodeled in 2018 • Corner Lot • Excellent Location • Online Bidding Available - You may bid online during the auction at www.schraderauction.com. You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Schrader Auction Co. - 800-451-2709.


OPEN HOUSE/INSPECTION DATES

Monday, November 12 from 4-6 pm
Wednesday, November 14 from 4-6 pm Sunday, November 18 from 12:30-2 pm


PROPERTY LOCATION
1601 E. Sparrow Cove, Columbia City, IN
From the intersection of US 30 and SR 205 at Columbia City take SR 205 northeast 1/3 mile to Eagle Glen Trail turn right to the first street and turn onto Sparrow Cove to the property.

AUCTION LOCATION
Held On Site

PROPERTY DESCRIPTION
BEAUTIFUL 3 BEDROOM HOME - NEW KITCHEN - COMPLETELY REMODELED IN 2018 - CORNER LOT - EXCELLENT LOCATION
It is our privilege to offer you this rare opportunity at auction! This home is NEW again! Beautiful 3 bedroom, 2 bath home is waiting for you. New kitchen cabinets with quartz counter tops in 2018. New natural gas fireplace with remote control for those cozy evenings in the great room. Natural gas furnace was new approx. 10 years ago. The home is equipped with an on demand water heater to fill the Safe-Step walk-in whirlpool tub with shower wand. New interior paint throughout. All new doors and windows 2 years ago. The 30 year roof was installed 10 years ago. New pergola and expanded patio in 2018. The 2 car garage floor has carpet square floor covering. Extra attic insulation creates an extremely efficient home. All new landscaping in 2017. Come inspect and bid your price!

AREA MAP(S)



PROCEDURE: The property will be offered as a total unit.

DOWN PAYMENT: 5% 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 an owners title insurance policy in the amount of the purchase price.

DEED: Seller shall provide Warranty or Trustees Deed.

CLOSING: The balance of the real estate purchase price is due at closing, which will take place on or before January 5, 2019.

POSSESSION: Possession is at closing.

REAL ESTATE TAXES: Real estate taxes will be pro-rated to date 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 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.

ACREAGE: All acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal description and/or aerial photos.

SURVEY: The Seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. 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. Combination purchases will receive a perimeter survey only.

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.