Round/Clear Lake - Online Real Estate Auction
Open House: Sunday May 17th, 24th and 31st from 1 pm- 3pm.
Click here to view this wonderful property
Public Online only Auction
280 Penner Drive, Fremont, In 46737
Clear Lake Township
Real Estate Sold in two tracts
Starts Friday, May 15th & ends Thursday, June 11th @ 7 pm
This is an ONLINE AUCTION by Bartkus Auctioneers. Auction starts to close on Thursday, June 4th at 7pm. Open house dates are on Sundays May 17th, 24th and 31st 1-3 pm. This lake home is ideally located on the north end of Round lake attached to Clear lake, one of northeast Indiana’s cleanest lakes. This location not only offers a range of beautiful views of the lake but also a pond and wildlife area as well! Do you need space for your toys? There is an attached 3 car garage with epoxy flooring and an additional detached 3 car garage with a 40 x 12 loft. Storage space galore! This open concept ranch features 3 bedrooms, 2 ½ baths, gas fireplace, vaulted and beamed ceilings in the family & great room, three season room, oak hardwood floors, walk in tiled shower in the master bath, newer black stainless appliances, Generac whole house generator, swimming pool, newer hot tub, composite decking, irrigation system, crawl space with concrete floor and lights. This home has been maintained and is so organized! The roof is 10 years young and home is heated and cooled by a closed loop geothermal system, newer water tank w/ 5” well, R/O system and corian counter-tops. Do not forget the lake! There is an owned access to the lake and it comes with an electric boat lift with a cover. This property is being offered in two tracts, (Tract A- the house w/ .77 acres and lake access.) (Tract B- the detached garage w/ .47 acres) Do not miss this opportunity to become a lake owner with low taxes, low utilities and plenty of space to relax! So go to Bartkusauctioneers.com to register and bid so you can be watching the Clear Lake 4th of July fireworks from your front yard!!!
Tract “A”- This impeccable 2544 sq.ft. ranch home with 3 bedrooms 2 ½ Baths on .77 acres. This tract will include an ownership in Cove 13, LLC that includes access to Round and Clear Lake. Enjoy views of the lake out front and pristine wildlife wetlands in the back.
Tract “B”- Superb .47 acre lot to build your home on including a 30’ X 40’ heated outbuilding. This outbuilding could be the start to it all. There is a 12’X 40’ loft that will give you a total of 1680 sq. ft. In storage. 100 amp electrical service and sewer hook up.
Seller: Michael & Patricia Long
Auctioneer: Steve Bartkus Lic. #AU11100072 Phone: 260-437-6555
Down Payment: $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 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.
Buyers Premium: There will be a 2% Buyers Premium added to the sale price.
Close of the Auction: Auction will start to close at 7p.m. June 11th with an extended close. This means if there is a bid that is submitted within 3 minutes before 7 p.m. there will be a 3 min time added and this will continue until all bidding stops.
Acceptance of bid: The Successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. The final bid is subject to the Sellers acceptance or rejection.
Evidence of Title: Seller shall provide an owners title insurance policy in the amount of the purchase price.
Deed: Seller shall provide a Deed.
Closing: The balance of the purchase price is due at closing which will take place within 30 days of presentation of insurable title. Closing costs shall be split by the Seller and Buyer 50/50.
Possession: Possession shall on or before 14 days after closing.
Real Estate Taxes: Real estate taxes of $988.20 will be prorated to the day of close for tract “A”. There are Homestead & Mortg. exemptions on tract “A”. Real estate taxes of $360.62 will be prorated to the day of close for tract “B”. There is a Homestead exemption on tract “B”.
Survey: A new boundary survey will be completed only if necessary for Title commitment or if both tracts are sold separately. The Seller shall determine any need for a new survey and shall order the survey. The cost of the survey will be split by the Buyer(s) and Seller 50/50.
Sellers Reserve: The Sellers reserve the right to accept or reject the final bid price(s) on both tract “A” and tract “B”. Tract “A” MUST sell before the Sellers will accept a final bid for tract “B” or a combo sale that meets the Sellers Reserve price.
NOT SUBJECT TO APRAISAL OR FINANCING. ALL SALES ARE FINAL AND SOLD AS IS.