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Contemporary Home, Pond & 14 Wooded Acres
Monday, October 20, 6:00 pm
Markle, IN · Allen County

Owner: Jane Miller and the Former Dr. Jacob Thomas Miller, Jr.
Contact Sales Manager:
Jerry W. Ehle
260-749-0445
260-410-1996 (cell)


Request a Brochure:
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Tract Map - Click to enlarge

  • Contemporary Home
  • Pond
  • 14 Wooded Acres
  • Offered in 2 Tracts or Combination

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    PROPERTY LOCATION:
    From I-69 - Markle exit, follow 116 Southeast out of Markle 4.5 miles to property on the left. From Bluffton, follow 116 Northwest 6 miles to property.


    AUCTION LOCATION:
    On site.

    PROPERTY DESCRIPTION:

    TRACT 1: 4.5 acres with a 25 year old nearly 3,000 sq. ft. contemporary home on a large basement. The home features a gorgeous galley kitchen with Jenn-Aire 4 burner range plus Jenn-Aire grill. An abundance of cupboard space. The kitchen opens into a family room with wood-burning fireplace flanked by built-in bookcases. Opposite the kitchen is an office/den room. There is a living room with large foyer entrance plus the entrance is enclosed within a solarium. There is also a dining area off of the kitchen plus an added 4 season room off of the back of the dining room. There is a bedroom plus a full bath on the main level. The upstairs has 2 bedrooms, a full bath plus a landing with sitting area. The basement is over 1500 sq. ft. and is partially finished. A beautiful stocked pond lies in front of the home with an aerator system. There is also a separate 2-car detached garage with fenced dog run.
    HOME MECHANICALS: Large Geothermal Furnace - new in '97, (2) 200 amp service boxes. The home is on a 4" well and septic. Pella windows throughout!
    TRACT 2: 9.5 ACRES OF WOODS. This tract is completely wooded with both mature timber and lots of young growth. There will be a 25' access along the West property line of Tract 1. A great potential building site or a piece of Hunting or Recreational land! Combine with Tract 1 for the complete 14+ acre package.
    ANNUAL TAXES: $2546. NORTHERN WELLS SCHOOLS
    AUCTION TERMS & CONDITIONS:

    PROCEDURE: The property will be offered in 2 tracts, and as a total unit. There will be open bidding on both tracts and the combination during the auction as determined by the Auctioneer. Bids on tracts, and the combination of the total property may compete.
    DOWN PAYMENT: TRACT 1 and the Combination - $5000 down payment on the day of auction with the balance in cash at closing.
    Tract 2: 10% 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.
    ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. Seller reserves the right to reject any and all bids.
    EVIDENCE OF TITLE: Seller shall provide an owner's title insurance policy in the amount of the purchase price.
    DEED: Seller shall provide a Warranty Deed.
    CLOSING: The balance of the purchase price is due at closing, which will take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
    POSSESSION: Possession on day of closing, immediately following the closing.
    REAL ESTATE TAXES: The Real Estate Taxes shall be pro-rated to the day of closing.
    SUBDIVISION OF LAND: The sale of Tract 2 as a separate parcel is subject to the Wells County Plat Committee approval. The Plan review meeting is on November 6.
    ACREAGE: All tract acreage, dimensions and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
    SURVEY: The Seller shall provide a new survey where the tract divisions in this auction create new boundaries. Seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Seller's option and sufficient for providing title insurance. Combination purchase will receive a perimeter survey only.
    PERIMETER DRAIN TILE EASEMENT: Easement access will be provided over tracts in this property for perimeter drain tile outlets if perimeter drain tile outlets beyond each individual tract are required by the Wells County Board of Health.
    AGENCY: Schrader Real Estate & Auction of Fort Wayne, LLC. and its representatives are 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. The property is being sold on "AS IS, WHERE IS" basis, and no warranty or representation, either express, or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure is subject to verifications by all parties relying on it. The Seller or the Auction Company assumes no liability for its accuracy, errors, or omissions. Conduct of the auction and increments of bidding are at the 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. ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE

    © 2008 Schrader Real Estate & Auction Co. of Fort Wayne, Inc.