“This Lake Home Will Fall In a Price Range Affordable To Many”
Inspect, Arrange Financing and Come Prepared to Bid your Price

Property Location

Lot 60 Lane 250 East Lake Pleasant, Orland, Indiana

Auction Location

On Site

Real Estate Description

Tract #1:

This year –round cottage must be seen to be appreciated. Completely remodeled, this home is trimmed in oak and has a bar, kitchen area and grand great room with soaring ceilings. The great room is further improved with an amazing stone fireplace that is absolutely beautiful. There are 2 bedrooms on the main level and a Large “Loft” style space that can be used for additional sleeping, family room or office. The master bath is large with a custom tiled walk in shower and whirlpool garden tub. The property is further improved with a detached storage shed that measures 10X20. The boat slip for this property is across the street, included in the sale is a boat lift with electric motor.

Tract #2:

There is a separate .47 acre back lot that will be offered separately from tract one. However, tracts can be combined for the opportunity to purchase the entire property.

“THE COTTAGE SELLS FULLY FURNISHED”

This property will sell fully furnished. Furnishings include bedroom suites, flat screen TV’s, Living Room Furniture and more…. Bring your suitcase and you're ready for the lake!

Real Estate Inspection

This Property will be open for inspection on Sunday, August 15th from 2-4pm or call agent or auction 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 Seller Reserves the Right To Accept or Reject any Bid.

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 provide the Buyer with a staked out survey of the property at closing.

Agency:  The Steffen Group along with Anchor Realty Inc. are acting as the 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.  Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.