REAL ESTATE AUCTION
The Clyde W. & Barbara J. Frantzreb Property
10441 Hope Lane, Poland, IN 47868 - Maple Grove Estates
Jackson Township, Ownen County, Cloverdale School District
Thursday, August 5th @ 6:00 P.M.
Auction to be held on site at the subject property,
10441 Hope Lane, Poland, IN 47868
OPEN HOUSES:
Thursday, July 22, 5:00 - 7:00 p.m.
Monday, August 2, 5:00 - 7:00 p.m.
Property is located on the south side of State Road 42 at the northwest corner of Owen County, only 0.6 miles east of Poland and 11 miles west of US 231.
PARCEL ONE: Lote 2 in Maple Grove Estates consisting of approximately 2.44 acres. Includes a one-story house, built approximately 2008, with approximately 1615 sq. ft. of living area. House has vinyl siding, vinyl windows, asphalt shingled 3D roof, crawl space, covered porch, and rear deck. Interior includes a living room/dining room combo, kitchen, laundry room three bedrooms, and two full bathrooms. House has 200 amp electrical service, electric water heater, electric furnace and central air conditioning. House also has a two-car attached garage, approximately 22'x22'. Site pmprovements include a gravel drive, landscaping, septic system and public water.
PARCEL TWO: Lots 1, 4-8, 10, 13-15, 18-20 in Maple Grove Estates consisting of approximately 37.27 acres. The 13 platted lots range from approximately 2.04 to 4.18 acres, with public water available to each lot, as well as some woods and ponds. Restrictions and covenants available upon request. The majority of Parcel Two is tillable ground and could be used for either hay or row crop until the platted lots are sold.
TERMS OF AUCTION
TERMS:Â Successful purchaser to pay 10% down day of auction wth the balance due on or before September 7, 2010.
TAXES:Â Real estate taxes to be prorated to day of closing.
FINAL BID:Â Property to sell subject to the final confirmation of the owner.
POSSESSION:Â Purchaser to have possession day of closing.
IMPROVEMENTS:Â All improvements to be sold in "AS IS" condition.
INSPECTIONS:Â Inspections of the subject property can be made by calling Lawson & Co. at 317-745-6404, or visit the Open Houses.
