1544 N. Jefferson St. — Huntington, Indiana 46750

Auction Date and Time: June 28, 2008

  • Equipment: 10:00 AM
  • Real Estate: 11:00 AM

Auction located at: 1544 N. Jefferson St. — Huntington, Indiana 46750

Seller: Geraldine Christman

Open House Dates: June 1, 2:00 – 3:30 PM, June 14 1:00 – 2:30 PM

Well maintained building on the busy north side of Huntington. This property has a high traffic count and is located just down from the new Walgreens. There are many possible uses for this building. The newer roof and recently painted exterior should make the building low maintenance for some time. There is a storefront, large work or warehouse area, 2 overhead doors, and a 2 car attached garage on site. This property will be offered at a price that is affordable to many and represents an outstanding opportunity for a business owner or real estate investor.

High visibility location

High traffic count

Excellent location for small business owner or franchise

Equipment offered for Sale:

  • Building, Land
  • 1 Ton 230 Volt 3 Phase Yale Hoist
  • 2 HP Portable Compressor
  • 6 Inch Bench Grinder
  • 6 Inch Montgomery Ward Metal Lathe
  • 9 Inch Lennox Creaser
  • 12 Volt Battery Chargers
  • 13 to 31 HGP MR 200 Magnet Wire
  • 15 KVA 230-460 Volt Transformer
  • 24 Inch Paper Cutter
  • 24 Pail Rack
  • 30 Inch Metal Shear
  • 220 Volt GE Compensator - 3 Available
  • 1993 2500 GMC Truck
  • 1997 1500 Chevy Cheyenne – 26,000 Miles
  • Additional 1 & 3 Phase Motors
  • Assorted 1 & 3 Phase Motors
  • Assorted Essex Brand Magnet Wire
  • Assorted Fire Extinguishers
  • Assorted Hand Tools
  • Assorted Office Furniture
  • Assorted Tools
  • Balancing Ways
  • Bayco BB 42 Natural Gas Burnout Oven
  • Briggs and Stratton Generator
  • Brother Intellifax 1270
  • Clausing Model 6913 3 Phase Metal Lathe
  • Crocker Wheeler 3 PH DC Generator
  • Dayton 1.5 HP 1000 PSI Electric Washer and TPI Sandblaster
  • Delta Half Inch Drill Press
  • Dunmore 44 Oil Post Grinder
  • Economy 1,000 LBS 12 Volt Power Hoist
  • GE Refrigerator
  • Grand Special Model 4057 Manual Lift
  • Grieve Hendry Natural Gas Baking Oven
  • H. Press
  • Half Ton 230 Volt, 3 Phase Yale Hoist
  • Heavy Duty Parts Cabinet
  • Metro Spray Gun, and Wire Stand
  • New and Used Motor Parts
  • Oasis Drinking Fountain
  • Office Furniture
  • Oxygen Acetylene Guages
  • P&H 3 PH Arc Welder
  • Portable Hydraulic Pullers, 3 Phase 230 Volt Hoist
  • Porter Rayfield Model 5100 Coil Cutter
  • Porter Rayfield Winding 3 Phase Machine and Head
  • Porter Rayfield Winding Head Single Phase
  • Quarter Ton 230 Volt, 3 Phase Loadster Hoist
  • Second 6 Inch Bench Grinder
  • Star Machine Model 300 Engine Hoist
  • Wayne 10 HP 3 Phase Compressor

NAA Auctioneer

Auction Solutions International
Roanoke Office: (260)399-6179
Auctioneer: (260)433-2081
Toll Free: (866)863-8439
Facsimile: (260)399-6480
info@AuctionSolutionsInternational.com
www.AuctionSolutionsInternational.com

Terms and Conditions

TERMS:

  • Real Estate
    1. $5,000 down the day of Auction, balance due in full upon delivery of the merchantable title and deed free and clear of all liens and encumbrances except as stated herein and subject to easements or restrictions of record.
    2. A 5% Buyer's Premium will be added to the final bid and included in the total contract price.
    3. The seller will provide the buyer with a commitment of title insurance in the amount of the purchase price insuring the transfer and marketability of title.
  • Business Equipment
    1. 10% Buyer's Premium will be charged on everything except the real estate.
    2. Cash or good check will be accepted as payment.
    3. All equipment must be removed from the property by 5:00 p.m. on 6/30/08.

Offers will be considered and property may be sold prior to auction.

CONDITIONS: Bidding is not conditional upon financing. If financing is necessary it should be arranged prior to the auction. Buyer's obligation to purchase is not subject to financing or any other contingency.

TAXES: Buyer shall assume and pay real estate taxes due and payable in November, 2008

POSSESSION: Day of closing.

IMPROVEMENTS & FIXTURES: The Real Estate includes all improvements and permanent fixtures used in connection with it, now in or on the Real Estate.

SURVEY: Buyer may have a survey of the property prepared at Buyer's expense, but such survey shall not be a condition to the closing. Buyer acknowledges that Buyer is drawing solely upon Buyer's own judgment as to location, boundaries, area of the property and improvements thereon with no representations being made by Seller or its agents. The conveyance shall not be subject to any matters which are disclosed by a survey of the Property and any zoning or other statutes, ordinances, or regulations, and no representation or warranty is given as to zoning or any use of the property for any purpose.

AGENCY DISCLOSURE: Auction Solutions International, is the exclusive representative of the seller in this transaction.

DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in the brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an "AS IS, WHERE IS" basis and no warranty or representation, either expressed or implied, concerning the property is made by the Seller, or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the seller or the auction company. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and selling agents reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, etc. All decisions of the Auctioneer are final.

CLOSING: Balance of purchase price is due in cash at closing, which will take place within 30 days of proof of insurable title. The fee charged by any closing agent (including an attorney acting as a closing agent for either parties, or Buyer's lender acting in such capacity) for closing services shall be paid equally by the parties. Buyer will be responsible for paying a $195.00 transaction fee to be collected at closing.

NOTE: The successful bidder will be required to enter into a written agreement to purchase improved real estate contract irrevocable with earnest money deposited at the auction site immediately following the auction. By executing this agreement, buyer is making an offer to seller; buyer's offer expires at 11:59 P.M. (local time) __July 2, 2008__ unless seller timely accepts it.

THANK YOU for your interest in this offering. If you have any questions, please feel free to talk to one of our representatives.

STATEMENTS MADE THE DAY OF AUCTION TAKE PRECEDENCE OVER PREVIOUS PRINTED MATERIALS OR ANY ORAL STATEMENTS

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