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REAL ESTATE AUCTION - 4.73+/- ACRES OFFERED IN 3 TRACTS IN WHITLEY COUNTY, INDIANA
Tue, May 14, 6:00 PM
1160 S Wolf Road, Columbia City, IN 46725 - Whitley County, IN

Owner: Carolyn Chapple



• Home • Storage Building • Potential Building Site


OPEN HOUSE/INSPECTION DATES
Saturday, April 13th from 1-3 PM
Sunday, April 14th from 1-3 PM

PROPERTY LOCATION
1160 S Wolf Road, Columbia City, IN 46725
From US 30 & Lincolnway in Columbia City travel west on US 30 1.3 miles to Wolf Rd. turn south 1.8 miles to the property on the right.

AUCTION LOCATION
1160 S Wolf Road, Columbia City, IN 46725
From US 30 & Lincolnway in Columbia City travel west on US 30 1.3 miles to Wolf Rd. turn south 1.8 miles to the property on the right.

TRACT DESCRIPTIONS
Tract 1: 2.4± ac Home, 2030 +/- Sq. ft finished area and a full basement ready to be finished, with plumbing for an extra bath there is a sink and bathtub to be installed, two bedrooms, Master bath, shower, and jetted tub, walk in Closet. 2 & 1/2 baths, living room, kitchen with custom cabinets, appliances, formal dining room, screened, porch, utilities in the basement, geothermal heat, Culligan softener & attached garage.
Tract 2: 2.1± ac Possible site for a new home or build a storage building or buy this lot with the home.
Tract 3: 0.1± ac Swing Tract, 24ft x 32ft Storage building. this tract can only be be purchased, with Tracts # 1 or #2, or with the entire property and cannot be purchased by itself.


TRACT MAP(S)



AREA MAP(S)



PROCEDURE: Bid on either tract, or either tract with the swing tract or on the entire property. There will be open bidding on all tracts and the entire property during the auction as determined by the auctioneer. The property will be sold in the manner resulting in the highest total sale price.

DOWN PAYMENT: 10% of the accepted bid as down payment on the day of the auction with balance in cash at closing. The down payment may be 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, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

BUYERS PREMIUM: A 3% Buyers Premium will be added to the final bid price and included in the contract purchase price.

APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection. Purchase agreements will be signed by the registered bidder only. If you choose to share the purchase with another party, you will be required to do so after the completion of closing as indicated on the signed purchase agreement.

DEED: Seller will provide a Warranty deed.

EVIDENCE OF TITLE: Sellers will provide title insurance in the amount of the purchase price.

CLOSING: Closing shall take place within 30 days of proof of marketable title. Or as soon as possible after the survey is completed, Sellers shall not be responsible for any closing costs incurred due to the Buyer(s) securing financing.

POSSESSION: At closing.

REAL ESTATE TAXES: Prorated to Date of closing.

DITCH ASSESSMENTS: The Buyers shall pay any ditch assessments due after closing if any.

SURVEY: Buyer and Seller to share survey cost 50/50. if necessary.

EASEMENTS: The sale of the property is subject to any and all easements of record.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an "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. No guarantee as to location of septic and well, or condition of septic and well is made by the Auction Company, it's agents or Sellers. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, 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. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude 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.