Real Estate Auction, Noble County, IN
466 N 375 W, Albion, IN 46701
Tuesday, March 19 @ 6pm
Modular home built in 2018 sitting on 29.82 recreational acres * 36x64 Pole Barn * Approximately 650' of lake front on Upper Long Lake
Jared Sipe
Phone: 260-750-1553
Email: [javascript protected email address]
Jerry Ehle
Phone: 260 410-1996
Email: [javascript protected email address]
Information
Property Maps
Files
Owners
Shawn and Julie Glassburn
Auction Date
Tuesday, March 19 @ 6pm
Open House Dates
Sun, Feb. 25 from 2-4pm
Sun, Mar. 3 from 2-4pm
Property Location
466 N 375 W, Albion, IN 46701
Auction Location
Held Onsite
Property Description
·
1 story
modular home built in 2018
·
29.82 beautiful
recreational acres w/ approx. 650’ of lake front on Upper Long Lake
·
1,829
above grade square feet
·
Full
walkout daylight basement framed and insulated
·
1,829
below grade square feet
·
3,658
total gross building area
·
Propane
gas forced air heat and central air
·
Oversized
29x38 attached 2 car garage w/ 12’ ceilings
·
Eat-In kitchen: 14x21
·
Family Room w/ gas fireplace and lake
views: 21x22
·
Master bedroom w/ master bathroom:
14x18
·
Guest bedroom 1: 11x14
·
Guest bedroom 2: 10x14
·
Laundry room: 8x9
·
2 full bathrooms
·
Laminate and carpet flooring
·
Can lights and 9’ ceilings
·
200 amp electrical panel
·
Water softener and sump pump in basement
·
Large concrete patio off basement
·
36x64 pole barn w/ electrical and
metal roof and siding
·
Well and septic system
·
Vinyl siding and asphalt shingle roof
·
Long gravel lane
·
Noble REMC electric
·
Propane tank is rented through
Suburban Propane in Albion
·
Hughes satellite internet
·
There is a county tiled drain in the
front half of the property with a 75’ easement
·
2022 pay 2023 taxes: $2,633.98 (2023
pay 204 taxes have not come out yet)
·
School district: Central Noble
Community School Corporation
Auctioneer’s Note: Fantastic opportunity to own a newer
home with recreational acreage and lake front. The property has an abundance of
deer and wildlife, trails, excellent fishing, and scenic views. The property
has approximately 650’ of lake front on Upper Long Lake. Upper Long Lake
consists of 86 acres with a max depth of 54’. The lake is a 10 mph fishing
lake. According to a DNR report, in 2017 the lake was stocked with 200 Muskie.
Other species include Largemouth bass, Crappie, Perch, and Bluegill. There is a
public access boat ramp and large parking area on the Northeast portion of the
lake. Very rare opportunity to own a slice of heaven in Noble County, be sure
to attend this auction!
Terms & Conditions:
PROCEDURE: This property will be offered at oral auction. There will be open bidding during the auction, until the close of the auction as determined by the auctioneer.
DOWN PAYMENT: A 10% down payment is due at the close of the auction with the balance in cash at closing. The down payment will be made the day of auction, immediately following the auction, with the balance in cash at closing. The down payment may be made in the form of a cashier’s check, personal check or corporate check. Your bidding is not conditional upon financing or lender appraisal, so be sure you have arranged financing, if needed, and are capable of paying cash at the closing.
ACCEPTANCE OF BID PRICES: Successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. All final bid prices are subject to the seller’s rejection or acceptance.
EVIDENCE OF TITLE: Seller shall provide an owner’s title insurance policy in the amount of the purchase price.
DEED: Seller shall provide a Warranty Deed.
CLOSING: The balance of the purchase price is due in cash at closing. A targeted closing date will be approximately 30 days after the auction, or as soon thereafter as applicable closing documents are completed by the seller. Costs for an administered closing shall be shared 50:50 between Buyer and Seller. Any costs associated with securing a mortgage shall be paid by the buyer(s).
POSSESSION: Possession given the day of closing, immediately following the closing.
REAL
ESTATE TAXES: Real
Estate Taxes will be pro-rated to the day of closing.
LOT SIZE: All dimensions, and proposed boundaries are approximate and
have been estimated based on current legal descriptions, county records, and/or
aerial photos.
SURVEY: A new perimeter survey will be completed only if necessary for closing. The 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 Seller’s option and sufficient for providing title insurance.
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 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 ORANY OTHER ORAL STATEMENTS MADE.
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