120 S Sheridan Street Kendallville, IN 46755 - Bartkus Auctioneers
120 S Sheridan Street Kendallville, IN 46755
Lot Number:1
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Start Time:9/22/2022 3:00:00 PM
End Time:10/11/2022 11:00:00 PM
Bid Count:4
Winning User:205
Starting Bid:$10,000.00
Bid Increment:$2,500.00
Current Bid:$15,000.00

Here is an investment opportunity waiting to happen! This historic over 1900 sq. ft. home with 3 bedrooms offers a large yard, 1 1/2 bathrooms, hardwood floors, large solid wood pocket doors, and an updated furnace to start. This home is being sold "As-Is" by Public Auction and online bidding is available. There is so much room on the front wrap-around porch and the back of the home has a patio as well as a framed porch. The open house will be on Sept. 25th and Oct. 2nd from 1-3.  The auction will be held on-site on October 11th at 6 pm.

No donations for this lot

Procedure: The property is being offered by public auction with reserve. There will be online bidding available and a live auction that will start on October 11th at 6:00 p.m. When the live auction starts the auctioneer will open with the online bidder’s highest bid. Online bidding shall continue until the end of the live auction.

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

Down Payment: a non-refundable $5,000 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.

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. 

Evidence of Deed and Title: Seller shall provide a deed and owner's 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 30-45 days presentation of the insurable title. Closing costs for an insured closing shall be split by the Seller and Buyer 50/50. 

Possession: Possession will be given at closing. 

Real Estate Taxes: Real estate taxes will be prorated to the day of closing. There are no exemptions on this property.  Taxes are $132.94. 

Survey:  If the lender requires a survey, it will be split 50/50 by the buyer and seller. 

Online Bidding Available: You may bid online now until the end of the Live auction at www.bartkusauctioneers.com. For online bidding information, call Bartkus Auctioneers at 260-433-8117. BIDDER PRE-REGISTRATION IS STRONGLY ENCOURAGED!

Technology Disclaimer: Bartkus Auctioneers and vendors, make no warranty or guarantee that the online bidding system will function as designed on the day of the sale. Technical problems can and sometimes do occur. If a technical problem occurs and you are not able to place your bid during an online auction, Bartkus Auctioneers and the vendor will not be held liable or responsible for any claim or loss, whether actual or potential, as a result of the technical failure.

NOT SUBJECT TO APPRAISAL OR FINANCING. ALL SALES ARE FINAL AND SOLD AS IS.  ANY ANNOUNCEMENTS MADE ON THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.

*There will be a 2% buyer’s premium to be paid at closing. *

120 S Sheridan Street
Kendallville, Indiana 46755
United States

Here is an investment opportunity waiting to happen! This historic over 1900 sq. ft. home with 3 bedrooms offers a large yard, 1 1/2 bathrooms, hardwood floors, large solid wood pocket doors, and an updated furnace to start. This home is being sold "As-Is" by Public Auction and online bidding is available. There is so much room on the front wrap-around porch and the back of the home has a patio as well as a framed porch. The open house will be on Sept. 25th and Oct. 2nd from 1-3.  The auction will be held on-site on October 11th at 6 pm.