“ABSOLUTE - SELLING TO THE HIGHEST BIDDER REGARDLESS OF PRICE”

Property Location

933 Cottage Ave. - Fort Wayne, IN (View Map)

Auction Location

On Site

Property Information

Square Footage: 1,422 SF
Bedrooms: 3
Bathrooms: 1
Bathrooms: 1
Lot Size: 5,445 SF
Garage: 1 Car Detached
Year Built: 1926
Zoning: R1 Single Family Residential
Basement: Full Basement

Cooling: Central Air
Heating: Forced Air

Dining Room: 16x11 - Hardwood Floor
Living Room: 22x16 - Hardwood Floor
Kitchen: 20x10
Master Bedroom: 16x11
2nd Bedroom: 12x10
3rd Bedroom: 11x10

Tax Information

Parcel #: 02-12-14-104-007.000-074
Taxes ('09 Payable '10): $1,074
Exemptions: None of Record

Real Estate Inspection

Call sale manager for a private showing.

Terms and Conditions

Method of Payment: A non-refundable earnest money deposit of  10% of the bid amount will be required the day of sale with the balance due the day of final closing. Closing to be within 30 days of auction.  This real estate is being sold for cash and your bidding is not contingent upon financing.  Have your financing prearranged prior to auction day.

Buyer’s Premium:  In order to determine the final sales price of the real estate, a 5% buyer’s premium will be added to the winning bid.

Acceptance of Bid: Successful bidder will be required to enter into a purchase agreement immediately following auction at the site.  THE PROPERTY WILL SELL TO THE HIGHEST BIDDER REGARDLESS OF PRICE.

Title: Seller will provide buyer with a commitment of title insurance in the amount of the purchase price insuring the transfer and marketability of title; Cost of said owners policy shall be split 50:50 between the Buyer and the Seller.  The cost for the insured closing fee shall be split 50:50 between Buyer and Seller.  Seller will provide buyer with a fully executed deed transferring title to the buyer.

Taxes: Taxes will be prorated to the day of final closing.

Possession:  Day of final closing.

Survey: The Seller will not provide buyer with a survey.  If buyer or buyer’s lender requires a survey it will be at the sole cost of the buyer.

Agency:  The Steffen Group is acting as the exclusive agent 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.  Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.