Would you like to receive updates on other auctions in this area? Join our free mailing list! (Already on the list? Change your settings)

Estate Land Auction, 20+/- Acres offered in 1 Tract
Mon, Oct 6, 6:00 PM
Northeast Fort Wayne, Allen County

Owner: The Marshall Thimlar Estate, Attorney: Douglass Runyan

SOLD FOR $240,000

• Estate Land Auction, 20+/- Acres offered in 1 Tract • Development • Investment • Farmland

OPEN HOUSE/INSPECTION DATES
CALL OFFICE TO MEET AT THE PROPERTY OR FOR MORE INFORMATION!

PROPERTY LOCATION
8700 Block of Maysville Road, Fort Wayne, Indiana

AUCTION LOCATION
Held at Goegleins Catering - 7311 Maysville Road

TRACT DESCRIPTIONS
Tract 1: 20± ac Zoned Residential
Fort Wayne Public Water & New Haven Public Sewer
Approx. 650 feet of road frontage along Maysville Rd.
Approx. 700 feet of road frontage along Parent Rd.
Located adjacent to Landin Meadows subdivision
Located just east of Golden Years Communities
Annual Taxes: $792.20

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 Kevin Jordan at Schrader Auction Co. - 800-451-2709.


SOIL INFORMATION

• 
  (Click to enlarge)

PROCEDURE: The property will be offered in 1 Tract. There will be open bidding during the auction as determined by the Auctioneer.

DOWN PAYMENT: 10% down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, 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 PRICES: The successful bidder will be required to enter into a purchase agreement at the auctions site immediately following the close of the auction. Seller reserves the right to reject any and all bids.

EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.

DEED: Seller shall provide a Personal Representatives Deed.

CLOSING: The balance of the purchase price is due at closing, which will take place on or before November 7. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession subject to 2014 crop harvest. Seller shall receive the Owners share of 2014 Cash Rent.

REAL ESTATE TAXES: The Real Estate Taxes shall be Pro-rated to the date of closing. Buyer shall pay all ditch assessments due in 2014.

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

SURVEY: Solely the Seller shall determine any need for a new survey. Seller and successful bidder shall each pay half (50:50) of the cost of the survey if necessary. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance. AGENCY: Schrader Real Estate & Auction of Fort Wayne, LLC. 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 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. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information 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 and increments of bidding are at the 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.