ABOLUTE REAL ESTATE AUCTION
OF
WITMER LAKE CHANNEL FRONT COTTAGE
WITH 2 CAR GARAGE AND 2 ½ LOTS
7130 S 160 E, WOLCOTTVILLE, INDIANA
(1/2 mile north of Wolcottville on State Road 9 to CR 700 South, then 1 ½ miles west to 720 South, then east to CR 160 E, then south to property)
SATURDAY, AUGUST 13, 2011
Starting at 9:00AM
LOCATION – LOCATION – LOCATION
NO RESERVE
SELLS REGARDLESS OF PRICE
IMPROVEMENTS: Two bedroom cottage with living room, kitchen, utility, full bath with EBB heat, gas fireplace, 2 car garage, 2 storage sheds.
LEGAL DESCRIPTION: South ½ of Lot 29, Lot 30 and Lot 31 Taylors Cove 1st Addition to Witmer Lake, LaGrange County, Indiana. This lot has approximately 137’ of channel frontage on Witmer Lake and 137’ of frontage on CR 160 East.
TERMS: 10% down the day of the auction which in non-refundable. The balance will be due at final closing within 30 days. Buyer to pay taxes due in November of 2011. Annual taxes are approximately $498.00. Seller will provide title insurance and deed at closing. The closing fee of approximately $200 will be split 50/50 between the buyer and seller. The property is sold in “AS IS” condition.
POSSESSION: Day of Closing.
INSPECTION: Contact the auction company at 260-854-2859 for an appointment to view this property. The property will also be open 1 hour prior to the auction for inspection.
BUYER BROKERAGE: The seller will pay a 2% Buyer Brokerage Fee to any licensed real estate agent or auctioneer who registers the successful bidder at the auction. Agent must register their buyer with Strawser Auctions 48 hours prior to the auction. Contact the auctioneer for terms and details.
AGENCY: Strawser Auctions staff are exclusive agents of the seller.
DISCLAIMER: This property is being sold in “AS IS” condition. Prospective bidders are responsible for making their own inspections of the property with regards to condition, environmental, zoning, permits and any and all other inspections and approvals as may be necessary. All sizes and dimensions stated are approximate.
AUCTIONEERS NOTE: The sellers are motivated to sell this property. Don’t let this property sell for less than you would have paid.
FARMERS STATE BANK, OWNER
Auction Conducted By:
STRAWSER AUCTIONS