LIVE ONSITE REAL ESTATE AUCTION, ALLEN COUNTY, INDIANA

11518 Hoagland Rd, Hoagland, IN 46745

Thursday, October 28 @ 6pm

Excellent 3 bedroom all brick home * Full basement * 2 full bathrooms * Updated kitchen * New forced air furnace and central air unit * 1,920 Square Feet * 2 car attached garage * 28x40 detached garage/workshop * .79 acre lot

Jared Sipe

Phone: 260-750-1553

Email: [javascript protected email address]


OWNER

Kevin Bradtmueller Estate, Barry Bradtmueller P.R.


AUCTION DATE AND TIME

Thursday, October 28th @ 6pm


PROPERTY LOCATION

11518 Hoagland Rd, Hoagland, IN 46745
Take Hoagland Rd East of Minnich Rd over the railroad tracks (property is on the Southside just past the pavilion entrance)


OPEN HOUSE DATES AND TIMES

Sunday, October 3rd from 2pm-4pm and Monday, October 11th from 5pm-7pm


AUCTION LOCATION

Held Onsite


PROPERTY DESCRIPTION

Excellent 3 bedroom ranch home * All brick * Full basement with all kinds of potential * 2 full bathrooms * Updated kitchen * New forced air furnace and central air unit * 1,920 Square Feet * Asphalt shingle roof * 2 car attached garage * 28x40 detached garage/workshop * .79 acre lot * 2020 pay 2021 taxes: $1,350.44 (taxes are for 2 tax parcels, property has been surveyed and will become 1 tax parcel. Current taxes shown will most likely change when the new tax parcel is recorded after closing and reassessed) * R1 zoning * East Allen County Schools (Heritage) * City sewer, propane gas to workshop, well * Shared asphalt driveway * Great location in Hoagland, close to Monroeville, New Haven, and Fort Wayne!


Terms & Conditions:

PROCEDURE: The property will be offered at oral auction. There will be open bidding during the auction as determined by the Auctioneer.

DOWN PAYMENT: $5,000 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, cashier's check, personal check or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, & 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 auction site immediately following the close of the auction. Seller reserves the right to reject any & all bids.

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

DEED: Seller shall provide a personal representative's deed.

CLOSING: The balance of the purchase price is due at closing. The targeted closing date will be approximately 30 days after the auction. Costs for an insured closing shall be shared 50:50 between Buyer(s) & Seller.

POSSESSION: Possession shall be on day of closing, immediately following the closing.

REAL ESTATE TAXES: Seller to pay the fall payment for the 2020 payable 2021 taxes. The 2021 Real Estate taxes due in 2022 shall be pro-rated to the day of closing. Buyer to pay all taxes thereafter.

ACREAGE: The lot size has been determined by a new survey.

SURVEY: A new survey has been completed by Donovan Engineering LLC and the cost shall be shared 50:50 between the buyer and the seller.

AGENCY: Schrader Real Estate & Auction of Fort Wayne, LLC & its representatives are exclusive agents of the Seller.

DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in this brochure & all related materials are subject to the terms & conditions outlined in the Purchase Agreement. The property is being sold on "AS ISWHERE IS" basis, & no warranty or representation, either express, or implied, concerning the property is made by the Seller or the Auction Company. All sketches & dimensions in the brochure are approximate. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquiries, & 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 & increments of bidding are at the discretion of the Auctioneer. The Seller & Selling Agents 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.