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**SOLD BEFORE AUCTION** TIMED ONLINE ONLY REAL ESTATE AUCTION - LAKE FRONT HOME ON LOON LAKE IN WHITLEY COUNTY, INDIANA
Thu, May 16, 6:00 PM
7518 Brown Rd, Columbia City, IN 46725 - Whitley County, IN

Owner: Kathy Sheets

SOLD FOR $0

• Bidding Opens: Sunday, May 12 at 12pm • Bidding Closes: Thursday, May 16 at 6pm

• Lake Front Home • Loon Lake • Boat, Fish and Ski • Summer Fun or Permanent Home • 3 Bedrooms, 2 Baths • Pier & 64 ft. +/- of Lake Frontage

OPEN HOUSE/INSPECTION DATES
Saturday, April 13 from 4-5:30pm and Sunday, April 14 from 4-5:30pm
or call the Auction Managers for private inspections

PROPERTY LOCATION
7518 Brown Rd, Columbia City, IN 46725 - From the intersection of SR 109 and CR 700 N (North of Columbia City), travel west on CR 700 N 2.8 miles to North Brown Rd. Turn north onto Brown Rd and travel .5 mile property on right.

AUCTION LOCATION
TIMED ONLINE ONLY

PROPERTY DESCRIPTION
Eat in-Kitchen, 3 bedrooms, 2 baths, living room, 1299+/- square feet of living space, 3 seasons room, deck, 20 ft. x 28 ft., detached garage with loft for storage, well and city sewer. Includes pier and beautiful lake views! Great summer getaway or retirement property. Fish, Swim or water sports.

PROCEDURE: Register online at Schraderauction.com

DOWN PAYMENT: 10% of the accepted bid as down payment on the day of the auction w/ balance in cash at closing. 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: The Seller has a right to accept or reject any bid. The successful bidder will be required to enter into purchase agreement immediately following the close of the auction.

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. Sellers shall not be responsible for any closing costs incurred due to the Buyer(s) securing financing.

POSSESSION: At closing.

REAL ESTATE TAXES: shall be pro-rated to the day of Closing

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

SURVEY: there will be no new survey

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, its 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 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.