LENDER OWNED LEAVENWORTH REAL ESTATE AUCTION
SELLS ABSOLUTE! NO RESERVE!
14 TRACTS-HOMES-VACANT LOTS/LAND
TUES. JULY 10 6 PM
CLICK ON "FILES" TAB ABOVE FOR ADDITIONAL INFO (TO INCLUDE COUNTY INFO SHEET, AERIALS, TERMS, SAMPLE PURCHASE AGREEMENT, ETC)!
TRACT #3
Address: 1174 W St Rd 62, Leavenworth, IN
Property Info: Includes approx. 4.386 ac with frontage on SR 62. Partially open, but mostly wooded. Located directly across road from Historic Overlook Restaurant. Lots of potential.
Acreage: Approx. 4.386 (See Survey)
Legal Description: Bahr I Add Lots 15 & 16, Bahr I Add Pt Lot 56, Pt Lot 56, Lots 44-50
Taxes: $742/year
Parcel ID: 13-14-06-108-001.001-004
Directions: From I-64 exit #92, south on SR 66 2.8 miles, left (east) on SR 62 0.5 miles to
site.
Open House/Inspection: July 2, Mon. 5-6 pm (Visit Tract #1 for Property Info Packets!)
Auction Location: Annabelle’s, LLC-located at 602 W Plaza Dr, Leavenworth, IN.
Owner: JCB
“EXHIBIT A” - LIVE REAL ESTATE TERMS & CONDITIONS<br>
1. Conditions of Sale: Everyone must register for a bidder number. The owner does warrant that they have good merchantable title to the real estate and that they will convey the same with an appropriate deed, free from all encumbrances, liens or judgments at the time of closing.<br>
2. Restrictions: Subject to local county and state laws, ordinances and regulations; also selling to all easements of record. Seller is placing no restrictions on the property.<br>
3. Acceptance of Bid: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All real estate will be sold without reserve to the high bidder.<br>
4. 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>
5. Buyer’s Premium: A 3% buyer’s premium will be added to the high bid to determine the final contract selling price.<br>
<br>
6. Closing: The balance of the purchase price is due at closing, which will take place within 30 days of auction.<br>
7. Possession: Possession at closing.<br>
8. Real Estate Taxes: Real estate taxes will be prorated to the day of closing.<br>
9. Acreage: All tract acreages, dimensions, and proposed boundaries, are approximate and have been estimated based on current legal descriptions and/or aerial photos. <br>
10. Disclaimer and Absence of Warranties: All information contained in the 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 and 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 the 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>
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENT MADE.
1. Conditions of Sale: Everyone must register for a bidder number. The owner does warrant that they have good merchantable title to the real estate and that they will convey the same with an appropriate deed, free from all encumbrances, liens or judgments at the time of closing.<br>
2. Restrictions: Subject to local county and state laws, ordinances and regulations; also selling to all easements of record. Seller is placing no restrictions on the property.<br>
3. Acceptance of Bid: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All real estate will be sold without reserve to the high bidder.<br>
4. 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>
5. Buyer’s Premium: A 3% buyer’s premium will be added to the high bid to determine the final contract selling price.<br>
<br>
6. Closing: The balance of the purchase price is due at closing, which will take place within 30 days of auction.<br>
7. Possession: Possession at closing.<br>
8. Real Estate Taxes: Real estate taxes will be prorated to the day of closing.<br>
9. Acreage: All tract acreages, dimensions, and proposed boundaries, are approximate and have been estimated based on current legal descriptions and/or aerial photos. <br>
10. Disclaimer and Absence of Warranties: All information contained in the 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 and 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 the 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>
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENT MADE.