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REAL ESTATE & PERSONAL PROPERTY AUCTION - 80+/- ACRES IN 3 TRACTS IN WHITLEY COUNTY, INDIANA
Real Estate Sat, Apr 15, 12:00 PM
Personal Property at 10:00 AM
1639 W. 600 N., Columbia City, Indiana - Whitley County, Indiana

Owner: Bernard Bernie Dahms

SOLD FOR $265,000

• 80+/- Acres in 3 Tracts • 1,400 Sq. Ft. Tri-Level home with multiple garage areas • Personal Property: • Large quantity of shop tools • Woodworking tools • Tractor & Lawn Equipment • Household Items • Auctioneers Note: Since Mr. Dahms has moved to retirement living, we will sell real estate, large quantity of shop tools, tractor and lawn equipment, and household items. Be prepared to bid your price.

OPEN HOUSE/INSPECTION DATES
Sunday, April 2nd from 1:00 - 3:00 PM

PROPERTY LOCATION
1639 W. 600 N., Columbia City, Indiana From SR 109 & Hwy 30, take SR 109 north approx. 6 miles to 600N turn left (west) then travel 1.5 miles to 1639 W 600 N, property on left.

AUCTION LOCATION
Held On Site

TRACT DESCRIPTIONS
Tract 1: 4.5± ac with approx. 1400 sq. ft. tri-level 3 bedroom home. Home includes kitchen, living room and family room/rec room. Property includes multiple work areas with 3 car garage. Also includes 24 ft. x 40 ft. corn crib with lean-to. Beautiful setting overlooking conservation easement land. Investigate for starter home or possible new construction with breathtaking views.
Tract 2: 3± ac wooded, possible building site. Investigate to combine with Tract 3 for endless recreation and income from woodland acres.
Tract 3: 73.5± ac (SWING TRACT) wooded and open water recreation land. Land has a permanent lifetime conservation easement. You can harvest timber with approved plan. Excellent hunting and wildlife. Investigate for wildlife and recreation purposes with low taxes.


PERSONAL PROPERTY
SHOP EQUIPMENT
Grizzly:

PROCEDURE: The property will be offered in 3 individual tracts, any combination of tracts and as a total 80+/- acre unit (Subject to Swing Tract Limitations). There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete.

DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of 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: 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.

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

DEED: Seller shall provide Warranty Deed(s).

CLOSING: The balance of the purchase price is due at closing, which will take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession is at closing

REAL ESTATE TAXES: Real estate taxes will be pro-rated to the date of closing.

PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.

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

SURVEY: The Seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. Seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance. Combination purchases will receive a perimeter survey only.

AGENCY: Schrader Real Estate & Auction Company, Inc. 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 an AS IS, WHERE IS basis, and no warranty or representation, either expressed 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 conducting his or her own independent inspections, investigations, inquiries, 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. Conduct of the auction and increments of bidding are at the direction and 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.