Schoolhouse Auctions - Live and Online Auctions

Schoolhouse Auctions license AU31400022 Patrick Marley license AU19700063 Jamie Ferry AU12300029 Please read ALL TERMS before bidding. Located at: 5912 E Country Club Rd Logansport, IN 46947 -Nestled on approximately 2.5 acres near the historic landmark, Rostrom Rock “Council Rock” Indian Gathering Place Main Features: -3 bed, 2 bath maintained manufactured home w/ permanment foundation with an addition of bonus room -2112 sqft with addition -Two access entrances to the property - River access -Covered front and back decks / patios -Two car garage with ADDITIONAL room w/ workshop space - LP Gas with 2 wall hanging electric heater and central air (recently updated AC) -Added Pellet stove to living room for cozy cabin feel - Updated Appliances - Master Suite with Bathroom Additional Terms Information: 1. IMMEDIATLY following the auction the winning bidder will be required to sign a real estate purchase agreement and pay a $10,000 ( non- refundable) earnest money deposit with remainder due within 30 days. 2. Must be pre-approved to bid in this sale. Contact Schoolhouse Auctions 574-965-2544 or 574-581-0049 Pat or 574-581-1199 Jamie 3. Property will only be offered for ONLINE bidding. Any questions call Pat @ 574-581-0049 4. 0% buyers Premium 5. Property is being sold "as-is, where is" Sale is not contingent on buyers financing, an appraisal, inspections, or any other contingencies. Absolutely NO refunds will be offered. 6. Real estate taxes and assessments. Sellers will be responsible for payment of 2023 taxes payable in 2024. Real estate taxes assessed in 2024 payable in 2025 shall be prorated between seller and buyer as of day of closing. 7. Closing shall be held at White County Abstract and Title Company, 111 West Broadway st, Monticello, in 47960. Closing shall be within 30 days of auction closing. Seller shal pay the cost of title insurance commitment . 8. The auction company shall not be held responsible for any "miscued" bids by bidder. IE: Decimal in the in wrong place, you bid on the wrong thing, etc. 9. All sales are final. Schoolhouse Auctions has put forth every effort in preparing the catalog for this auction to provide accurate descriptions of all items. All property is sold "as-is" and it is the bidder's responsibility to determine the exact condition of each item. You may call if you have any questions not covered in our descriptions or pictures. Printed statements or descriptions by staff are provided in good faith and are matters of opinion. Absolutely NO refunds will be offered. 10. By bidding on this property, the bidder shows acceptance of the terms of the online property auction. 11. The auction company reserves the right to refuse service or decline registration to any person. 12. Some or all items are sold with reserve: some or all items that are sold through this site are sold with reserve, regardless of whether "with reserve" is stated on the item. Auctioneer reserve the right to accept or reject the high bid at all times. ONLINE BIDDING PARTICIPATION 101: Steps: 1 - Click on the Register to Bid Button - Complete the Registration 2 - Agree to the Terms of the Auction 3 - After Submitting Registration click on View Catalog to place your bids 4 - Call to be approve for bidding 574-965-2544 or 574-581-0049 or provide bank note or letter. 5 - Live Online BIdding will start @ 6pm. *Enjoy bidding from the comfort of your Office, Home or on your Mobile Device* 6 - We will have a soft close 7 - Please place max bids asap so you can be approved for bidding 8- Do not wait til online auction is closing to bid or register. You will miss out! 9. Happy Bidding