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TIMED ONLINE ONLY REAL ESTATE AUCTION - WHITLEY COUNTY, INDIANA
Sat, Oct 16, 2:00 PM
311 E Morsches Rd. Columbia City, IN 46725 - Whitley County, IN

Owner: John and Diane Igney

SOLD FOR $500,000

• Bidding Opens on Thursday, October 14th @ 12pm - Bids Close Saturday, October 16th @ 2pm • Beautiful Lake Front Home • Crooked Lake • North of Columbia City • South of Wolf Lake

OPEN HOUSE/INSPECTION DATES
Thursday, September 16th from 4:30PM-6PM
Saturday, September 18th from 1:30PM-3PM
Sunday, September 19th from 1:30PM-3PM
Or call the Auction Manager for private appointments

PROPERTY LOCATION
311 E Morsches Rd. Columbia City, IN 46725 From US 30 and SR 109 in Columbia City turn north on SR 109, 6.5 miles or from Wolf Lake at US 33 and SR 109 turn south 5 miles to Morsches Rd. at Crooked Lake Golf Course turn east, drive past the golf course follow Morsches Rd. .4 mile keep left at sign.

AUCTION LOCATION
TIMED ONLINE ONLY!

TRACT DESCRIPTIONS
Tract 1: 0± ac Beautiful lakefront home, gorgeous views on Crooked Lake, with approximately 2184 square feet of living space. Open living room and loft views of the lake. 3 bedrooms and 2 and a half baths, this home is a must see! Open living room with fireplace, custom designed eat in kitchen with attractive counters and appliances. Master suite with walk in closet, jetted garden tub and shower. There is plenty of upstairs storage area or could be finished for an extra room. Lakeside open deck and screened in porch with hot tub. Attached two door 3 car garage. There is a 26ft x 36ft detached storage building, with two overhead doors, great for workshop and hobbies, the upper floor can be used for storage or converted to a potential living quarters. Both home and storage building have newer roofs. Don't miss your opportunity to buy this home on beautiful Crooked Lake!

PROCEDURE: The property will be offered at online only auction. Minimum bidding increments will be predetermined.

DOWN PAYMENT: 10% down payment on the day of auction w/ the balance in cash at closing. The down payment may be made in the form of cash, cashier's check, personal check, or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, & are capable of paying cash at closing.

ACCEPTANCE OF BID PRICE: The Successful Bidder will be required to enter into a purchase agreement immediately following the close of the auction. Seller has a right to accept or reject any or all bids.

EVIDENCE OF TITLE: Seller shall provide an owner's 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. The targeted closing date will be approximately 30 days after the auction. Costs for an insured closing shall be shared 50:50 between Buyer(s) & Seller.

POSSESSION: Possession shall be on day of closing, immediately following the closing.

REAL ESTATE TAXES: The 2021 Real Estate taxes shall be pro-rated to the day of closing. Buyer to pay all taxes thereafter.

ACREAGE: The lot size, dimensions & proposed boundaries are approx. & have been estimated based on current legal descriptions and/or aerial photos.

SURVEY: No survey shall be provided.

AGENCY: Schrader Real Estate & Auction Company & its agents are exclusive agents of the Seller.

DISCLAIMER & ABSENCE OF WARRANTIES: All info contained in this brochure & all related materials are subject to the terms & conditions outlined in the Purchase Agreement. The property is being sold on "AS IS, WHERE IS" basis, & no warranty or representation, either express, or implied, concerning the property is made by the Seller or Auction Company. All sketches & dimensions in the brochure are approximate. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquires, & due diligence concerning the property. The info 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 & increments of bidding are at the discretion of the Auction Company. The Seller & Selling Agents reserve the right to prelude any person from bidding if there is any question as to the person's 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.