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REAL ESTATE AUCTION, LAKEFRONT HOME PROPERTY OFFERED IN 3 TRACTS
Sat, Jul 26, 10:00 AM
Knapp Lake, Noble County, Indiana

Owner: The Melba Conrad Estate

SOLD FOR $92,000

• Lakefront Home Real Estate Auction offered in 3 Tracts
• Prime Knapp Lake Property
• Lakefront Home
• Potential Building Sites
• Fishing, Boating, Recreation
• East of North Webster
• South of Cromwell
• West of Wolf Lake

OPEN HOUSE/INSPECTION DATES
Saturday, June 28 & Sunday, June 29th from 1-3PM

PROPERTY LOCATION
809 S Circle Drive East, Cromwell, IN, 46732.
From SR 13 at North Webster turn east on Backwater Rd. changes to (CR 200 S in Noble County) 4.5 miles to CR 950 W turn north 1.25 miles to circle Drive, turn right to property, or 5.5 Miles south of Cromwell on SR 5 to CR 200 S then turn east to 950 W, or from US 33 at Wolf Lake turn west 3 miles on CR 100 S to Gilbert Lake Rd. turn left and follow 2.5 miles to CR 950 W then right to Circle Dr.

AUCTION LOCATION
Held Onsite

TRACT DESCRIPTIONS
Tract 1: 0± ac Scenic views of Knapp Lake. Enjoy 50 ft. of lakefront. fishing and recreation. 1.5 Story, 1656 square foot, three or four bedroom home, eat in kitchen, one bath, attached 22 ft.x30 ft. two car garage and a 16 ft.x28 ft. shop or storage building on the lot across the street.

Tract 2: 0± ac 50 ft. Potential lakefront building site or combine with Tract #1 for 100 ft. of lakefront.

Tract 3: 0± ac Consists of 3 lots great potential building sites all with lake access from Lot 18 on Little Bause Lake.

Buy any tract, combination of tracts or buy the entire property!

1. 10% Cash down payment at close of auction. Cash or cashiers check or a personal or corporate check immediately negotiable is satisfactory for the down payment.

2. Balance of purchase price is due in cash at closing, which will take place within 15 days of presentation of insurable title. The cost for an insured closing at Fidelity National Title Company, 108 W. Main St., Warsaw, IN. will be shared 50/50 between Buyer and Seller.

3. Seller shall provide a Trustee Deed and Owners Title Insurance Policy.

4. Taxes shall be pro-rated to date of closing.

5. Possession is at closing.

6. Your bids are to be based solely upon your inspection. All real estate is sold as is without physical warranty. Seller and agent are not assuming any responsibility for warranty of any specific zoning classifications, location of utilities, assurance of building permits, driveway permits or water and septic permits. There is no warranty of wells or septic systems on the property.

7. All real estate is being sold subject to any existing recorded easements. Existing recorded leases, if any will be assigned to the Buyer. 8. At the close of the auction, Buyer(s) will be required to execute an Agreement to Purchase Real Estate and Addendum. This agreement is available for your review in your Bidders Packet. The terms of this agreement and addendum are non-negotiable.

9. The Lead Base Paint form for the home is on display with the auction information and will be executed at the end of the auction.

10. Schrader Real Estate & Auction Company, Inc. and its representatives are the exclusive Agent of the Seller.

Thank you for your interest in this offering. If you have any questions, please feel free to talk to one of our representatives.

ANY ANNOUNCEMENTS MADE BY THE AUCTIONEER TAKE PRECEDENCE OVER THIS PRINTED MATERIAL.