Multi-Parcel Real Estate Auction - Saturday, August 11th - 12:00 Noon
Tract 2: 1,600 SF Home on 2 Acres
5492 E 600 N
Kendallville, IN 46755 - (View Map)
Owner: Robert and Mary Van Ryn
Sale Manager: Josh Lewis
Purchase Any Individual Tract or Combination of Tracts
Selling from Tract 1 - 5521 E 600 N, Kendallville, IN
Call Sale Manager to schedule a private inspection. (260) 426-0633
Real Estate Open House: Thursday, July 26 - 4:00 to 6:00 PM
Personal Property Inspection: Friday, August 10 - 12:00 Noon to 4:00 PM
10:00 AM: Personal Property Auction- Antiques, Household, Collectibles, Furniture
12:00 Noon: Multi-Parcel Real Estate Auction
Tract 1: 5521 E 600 N - 1,200 SF Home on 1.48 Acres - View Details Here
Tract 2: 5492 E 600 N - 1,600 SF Two-Story Home on 1.7 +/- Acres
Tract 3: 35 +/- Acres on E 600 N - This tract features a perfect setting for nature lovers, hunters, fishermen, or those looking to build their country dream home. The property is heavily wooded, and also includes tillable ground and clearings for an ideal home site. This land is also bordered on the west by a beautiful lake, and offers over 1,000 feet of lake frontage. - View Details Here
Real Estate Description - Tract 2
Explore the potential that this 2-Story county home offers! Situated on approximately 1.7 acres, this 1,900 SF home offers a quiet country setting while only minutes from the city. Combine with tract 3 for a country paradise of over 36 acres, dense woods, and over 1,000 feet of lake frontage on Sacarider Lake! Don't miss your opportunity to purchase this remarkable property at auction.
Lot Size: 1.7 +/- Acres
Style: 2 Story
Year Built: 1900
Living Area: 1,900 SF
Garage: 2 Car Detached
Air Conditioning: CA
Roof: Asphalt Shingle
Bedroom 1: 16x16
Bedroom 2: 12x12
Bedroom 3: 12x12
Dining Room: 18x15
Living Room: 15x15
Terms & Conditions
Buyer's Premium: In order to determine a final sales price of the real estate, a 2% buyer's premium will be added to the winning bid.
Method of Payment: A non-refundable earnest money deposit of 10% of the purchase price on Tracts 2 and 3, and $2500 on Tract 1, will be required day of sale with the balance due the day of final closing. Closing to be within 30 days of the 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.
Acceptance of Bid: Successful bidder will be required to enter into a purchase agreement immediately following the 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 the title. Seller will provide buyer with a fully executed warranty deed conveying title to the buyer.
Possession: Possession shall be given the day of final closing on tracts 1 and 2. Possession on tract 3 shall be given 60 days from the auction, subject to tenant's rights.
Taxes: The Real Estate taxes will be prorated to the day of final closing.
Survey: AT THE SELLERS'S OPTION, the buyer will provide 50:50 of the cost of any parcel where there is no existing legal description or where new boundaries are created by the tract divisions in the auction. Any need for a survey shall be determined at the sole discretion of the Seller. The type of survey prepared shall be determined by the Seller as long as it is sufficient for issuance of a title policy. Combination purchases will only receive a perimeter survey. Only the boundary corners of the respective tract sold shall be marked. All auction tracts are approximate and have been estimated based on aerial photographs or current legal descriptions. TRACT # 1 will not be provided a new survey.
Property Disclosure: This property is being sold as is with no warranty being expressed or implied as to the physical condition, specific zoning or available permits.
Agency: The Steffen Group Inc. and its agents are the exclusive agents to 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 the increments of bidding are at the direction and discretion of the Auctioneer. All decisions of the Auctioneer are final. Announcements made the day of sale take precedence over any and all printed material.