REAL ESTATE AUCTION
BRICK RANCH-4 WOODED ACRES-2 TRACTS
FIRST TIME ON MARKET
Location: 470 Hwy 64 NE, New Salisbury, IN
THURS JUNE 16 6 PM
BRICK RANCH-4 WOODED ACRES-2 TRACTS
FIRST TIME ON MARKET
Location: 470 Hwy 64 NE, New Salisbury, IN
THURS JUNE 16 6 PM
REAL ESTATE: Built in 1962, this brick ranch sits on 4 acres on Hwy 64 just west of New Salisbury on a beautiful wooded lot. Interior features: 1114 sq ft, 3BR, 2.5BA, full walk-out basement (half finished), stone fireplace, hardwood floors, & large breezeway connecting to two-car attached garage. Exterior feature: 30x40 metal shop w/concrete, completely wooded lot, current timber appraisal ($24K). Utilities: ceiling heat, REMC electric, & public water. Taxes: $386/installment
TRACT #1: Includes all improvements & approx. 2 acres, approx. 200 ft of frontage on Hwy 64.
TRACT #2: Includes no improvements & approx. 2 acres, approx. 200 ft of frontage on Hwy 64.
OPEN HOUSE: Tuesday June 7 6-7 pm
OWNER: Estate of Frederick L. Burnett
ATTORNEY: Harold E. Dillman
TRACT #2: Includes no improvements & approx. 2 acres, approx. 200 ft of frontage on Hwy 64.
OPEN HOUSE: Tuesday June 7 6-7 pm
OWNER: Estate of Frederick L. Burnett
ATTORNEY: Harold E. Dillman
NOTE: Click on "Terms" tab for detailed terms & conditions.
DIRECTIONS: From intersection of SR 135 & Hwy 64, west on SR 64 2.1 miles to site.
“EXHIBIT A”<br>
REAL ESTATE TERMS & CONDITIONS<br>
<br>
1) OFFERING: Real estate to be offered in one single tract.<br>
2) DOWN PAYMENT: 10% (non-refundable) 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, and are capable of paying cash at closing.<br>
3) 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. Real estate will be sold subject to the acceptance or rejection of the final bid price.<br>
4) CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of auction.<br>
5) POSSESSION: Possession at closing.<br>
6) REAL ESTATE TAXES: Real estate taxes will be prorated to the day of closing.<br>
7) ACREAGE: All tract acreages, dimensions, and proposed boundaries, are approximate and have been estimated based on current legal descriptions and/or aerial photos.<br>
8) 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.<br>
<br>
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENT MADE.
REAL ESTATE TERMS & CONDITIONS<br>
<br>
1) OFFERING: Real estate to be offered in one single tract.<br>
2) DOWN PAYMENT: 10% (non-refundable) 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, and are capable of paying cash at closing.<br>
3) 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. Real estate will be sold subject to the acceptance or rejection of the final bid price.<br>
4) CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of auction.<br>
5) POSSESSION: Possession at closing.<br>
6) REAL ESTATE TAXES: Real estate taxes will be prorated to the day of closing.<br>
7) ACREAGE: All tract acreages, dimensions, and proposed boundaries, are approximate and have been estimated based on current legal descriptions and/or aerial photos.<br>
8) 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.<br>
<br>
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENT MADE.