Real Estate Auction Terms
5132 Willow Bluff Trail, Huntertown IN 46748

Procedure: The property is being offered with no reserve at public auction. There will be live and online bidding available. There will be a 3-minute stopwatch used at the end of the sale to determine when we end the sale.

Agency: Bartkus Auctioneers Company and its representatives are exclusive agents of the Seller.

Down Payment: A $5000 Down Payment on the day of auction with the balance in cash at
closing. The down payment may be made in the form of a cashier’s check, personal check, or
corporate check. Your bidding is not conditional upon financing so be sure you have arranged
financing if needed.

Acceptance of bid: This is an absolute public auction and will be sold to the highest bidder at
the close of the auction. The Successful bidder will be required to enter into a purchase
agreement at the auction site immediately following the closing of the auction.

Evidence of Deed and Title: Seller shall provide a deed and owners title insurance policy in the
amount of the purchase price at closing.

Closing: The balance of the purchase price is due at closing which will take place within 40 days
or 15 days of presentation of insurable title. Closing costs for an insured closing shall be split by
the Seller and Buyer 50/50.

Possession: Possession shall be the day of closing.

Real Estate Taxes: Real estate taxes will be assumed by the Buyer up to the day of closing.
Taxes will be prorated with the seller paying taxes up to closing date. Taxes are $3,367.92 for
2025 taxes. There is homestead, supplemental and 2% deduction currently on the property.
Survey: A new boundary survey will be completed. The Seller shall order the survey. The cost of
the survey will be paid by the Seller.

Septic: There is a septic on the property and has been pumped. Property is being sold as- is where- is.

Online Bidding Available: You may bid online during the auction atwww.bartkusauctioneers.com. You must register & submit a bank letter 24 hrs. in advance of
the auction for your bids to be approved. For online bidding information, call Bartkus Auctioneers at 260-715-9797.

BIDDER PRE-REGISTRATION STRONGLY ENCOURAGED!
NOT SUBJECT TO APRAISAL OR FINANCING. ALL SALES ARE FINAL AND SOLD AS- IS. ANY
ANNOUNCEMENTS MADE OF THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR
ANY OTHER ORAL STATEMENTS MADE.

Auction to be held at 5132 Willow Bluff Trail, Huntertown IN 46748
Saturday April 11th @ 11 am

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