3406 Abbott St Fort Wayne IN 46806 Parcel #021318185021000074. 960 Sq ft ranch on a slab with 3 bedrooms and one full bath, a one car detached garage. Rent is monthly, $725.00, there is not active lease currently, renter is month to month. There is a $725.00 security deposit being held that will be given to the buyer. Taxes are $730.61 for 2022, no exceptions. Possession on the Tract will be at closing.
Real Estate Auction Terms
7 Tract Multi Par Auction, Fort Wayne, IN
May 17th, 2022 @ 6:00 PM
Procedure: These properties are being offered by public auction with reserve in eight individual
tracts, any combination of tracts or all the properties to one buyer. Live and simulcast bidding
available during the auction. Bidding will start with individual tracts then as a whole and then
offered in combinations. These properties can sell in any way to net the Sellers the highest
amount. There will be a 3-minute timer used towards the end of the sale to determine when
the auction ends.
Agency: Bartkus Auctioneers Company and its representatives are exclusive agents of the
Down Payment: 5% Down Payment on the day of auction with the balance in cash at closing.
The down payment can be in the form of cashier’s check, personal check, or corporate check.
Your bidding is not subject to financing or condition of the dwellings so be sure you have
Acceptance of bid: This is an auction with reserve. The Sellers have the right to accept or reject
any bids. The Successful bidder or bidders will be required to enter into a purchase agreement
at the auction immediately following the close of the auction and be prepared to deliver the
Tenants Rights: The current tenants in these homes are under contract to rent. The new owner
will receive any deposits at closing. The Buyer will continue to rent until the contract date on
the lease at the contracted monthly rental amount. Refer to terms and conditions on each
Evidence of Deed and Title: Seller shall provide a deed and owners title insurance policy in the
amount of the purchase price on each individual tract at closing.
Closing: The balance of the purchase price is due at closing which will take place within 35 days
or 15 days of presentation of insurable title. Closing costs for an insured closing will be split by
the Seller and Buyer 50/50. If multiple tracts are purchased by a Buyer, the tracts will all still
have individual closings.
Possession: Possession shall be the day of closing on all tracts.
Real Estate Taxes: Real estate taxes will be prorated to the day of closing. 2022 taxes will be
listed on each individual tract’s terms.
Survey: A new boundary survey will be completed only if needed. The Seller shall order the
survey. The cost of the survey will be split by the Buyer and Seller 50/50.
Online Bidding Available: You may bid online during the auction at
www.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 260-433-8117. BIDDER PRE-REGISTRATION STRONGLY
NOT SUBJECT TO APRAISAL OR FINANCING. ALL SALES ARE FINAL AND SOLD AS IS. ANY
ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL
OR ANY OTHER ORAL STATEMENTS MADE.
*There will be a 3% buyer’s premium to be paid at closing. *
Auction to be held Trademark Title, 9625 Coldwater Road Fort Wayne
IN, 46825 on May 17th. Showing dates are May 3rd and 10th from 5-7
Fort Wayne, Indiana 46825
HUGE INVESTMENT OPPORTUNITY IN SOUTHEAST FORT WAYNE, IN
THESE 7 PROPERTIES ARE UP FOR AUCTION!
245 E Creighton Avenue Tract 1
346 Arcadia Court Tract 2
3406 Abbott Street Tract 3
4403 Winston Drive Tract 4
4405 Plaza Drive Tract 5
3309 E Paulding Road Tract 6
214 W Crown Lane Tract 7