Tract 1 5.3 Acres - Bartkus Auctioneers

Tract 1 5.3 Acres

Lot Number:1
Start Time:10/22/2024 10:00:00 PM
Bid Count:0
Current High Bidder:
Starting Bid:$5,000.00/Acre
Bid Increment:$5,000.00
Current Bid:$0.00/Acre x 5.3 Acres
5.3 Acres

Tract 1:  5.3 +/- acres offering approximately 354’ of road frontage along Cedar Canyons Road. Comprised of all heavily wooded cover, this tract is approximately 662’ deep and offers a level lot with a slight slope with positive drainage to the north.

There are no bids for the lot at this time

No donations for this lot

REAL ESTATE DESCRIPTION

700 E Cedar Canyons Road, Fort Wayne, IN 46745

Imagine a 21+ acre nature haven located in Northwest Allen County, being auctioned off in four tracts, each one offering unique access to serenity, privacy, and an untouched natural environment. This property is ideal for a nature enthusiast, with opportunities for conservation, trails, or creation of wildlife habitat. What a perfect location for home sites that offer seclusion from the modern world. These tracts should have Fort Wayne City Sewer available in 2025.

Tract 1:  5.3 +/- acres offering approximately 354’ of road frontage along Cedar Canyons Road. Comprised of all heavily wooded cover, this tract is approximately 662’ deep and offers a level lot with a slight slope with positive drainage to the north.

Tract 2:  5.3 +/- acres offering approximately 354’ of road frontage along Cedar Canyons Road. Comprised of heavily wooded cover, this tract also offers approximately 662’ frontage along Coldwater Road. This tract offers a level lot with a slight slope for positive drainage to the north.    

Tract 3:  5.46 +/- acres offering approximately 331’ of road frontage along Coldwater Road. Comprised of all heavily wooded cover, this tract is approximately 707’ deep giving ample space for possible building site locations. This tract offers plenty of level ground in the middle and positive drainage to the north or south.

Tract 4:  5.46 +/- acres offering approximately 331’ of road frontage along Coldwater Road. Comprised of all heavily wooded cover and some lower wetlands, this tract is approximately 707’ deep giving ample space for possible building site locations. This tract offers plenty of level ground in the middle to the south and enough positive drainage to the north or east.

Real Estate Auction Terms

700 E Cedar Canyons Road, Fort Wayne, IN 46845 

Procedure: The property is being offered for public auction without reserve in 4 individual tracts, any combination of tracts or as a whole property. There is a total of 21.48+/- acres. There will be live bidding and online bidding available at the same time. Bidding will start with individual tracts, as a whole property and then offered in combinations. This property can be sold in any way to net the Seller the highest amount. 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: 5% Down Payment on the day of auction with the balance in cash or by financing at closing. The down payment may be made in the form of a cashier’s check, personal check, or corporate check. If financing is needed, bidders must be pre-approved.

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 on all tracts shall be the day of closing.

Real Estate Taxes: Real estate taxes will be prorated to the Buyer up to the day of closing. Taxes on the entire property are $2479.66 for 2024 taxes and are based on 35.12 Acres. There currently are no exemptions filed on this property.

Acreage:  All tract acreages, dimensions and proposed boundaries are approximate and have been estimated based on aerial photos and current survey with legal descriptions.

Survey:  A new boundary survey will be completed. The Auction Company shall order the survey. The cost of the survey will be split by the Buyers and Seller 50/50.

 

Showing Appointments:  All showings must be approved by the Auction Company and the Auction Manager must be present for all tours of the property. The driveway at the east end of the property must not be entered into, this is Private Property.

 

Declaration of Covenants and Restrictions:  There are covenants and restrictions that will be put in place for all of these tracts sold. These are put in place to protect the future owners of the property as well as the adjacent owners. There is a full copy of these restrictions listed on Bartkusauctioneers.com

 

Building Permits & City Sewer: Allen County Building department will issue only one building permit per year on these four tracts because they are being split off one parcel number. This will be a first come first serve basis. Fort Wayne City Sewer should be available in 2025. 

 

Online Bidding Available: You may bid online during the auction at www.bartkusauctioneers.com. For online bidding information, call Bartkus Auctioneers at 260-715-9797BIDDER PRE-REGISTRATION STRONGLY ENCOURAGED! 

NOT SUBJECT TO APPRAISAL 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.

THERE WILL BE A 2% BUYERS PREMIUM TO BE PAID BY THE BUYERS AT CLOSING. 

Auction to be held at

Lifehouse Church- Cedar Canyon Campus Oct 22nd @ 6 p.m.

1601 W Cedar Canyon Rd, Fort Wayne In 46845

1601 W Cedar Canyons Road
Fort Wayne , Indiana 46845
United States