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BANKRUPTCY- 7.8 Acres offered in 3 Tracts consisting of 2 Homes, Pond and Outbuildings

See Current Bid & Register
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See Current Bid & Register

Online Auction

Multi-Parcel Auction

  • Auction Time

    Wednesday, November 8 @ 03:00pm

  • Auction Location

    3224 E 300 N
    Decatur, IN 46733

  • Auction Manager

    Kurt Ness 260-417-1545 Kurt@NessBros.com

  • Seller Information

    Martin Siefert, Bankruptcy Trustee

    • 1st Open House

      Start time: 10/29/2023 1:00 PM | End Time: 2:00 PM

    • 2nd Open House

      Start time: 11/05/2023 1:00 PM | End Time: 2:00 PM

Auction Details

***The Bankruptcy Court has order the property to be offered at Online auction ending Wed., Nov. 8 at 3:00pm. The court has all intentions of selling the 7.8 acres offered in 3 tracts individually, combination or as a whole unit. There will be two Open Houses on Sun. Oct. 29 (1-2) and Sun. Nov. 5 (1-2).***This property was at one time was on the market for $949,000.

TRACT #1 is 2.64 +/- Acres and consist of a 3,800 sqft, 4 Bedroom Home with 2 car attached garage. The home features cathedral ceilings, large towering fireplace, a 3 room master bedroom suite not found in your typical home. Also, setting on this property is an inground pool with separate19x10 pool house w/bathroom. Starting bid on this tract is $100,000.

TRACT #2 is 2.44 +/- acres and consist of a 2 story, 3,326 sqft Stone Exterior Home with Cherry Wood Work throughout with an additional 800 sqft finished basement, and a 3 car attached garage. Some of the unique features on the main level include a theater room, weight room, a 1/2 bath and laundry. Upstairs is the 21×13 private bedroom suite w/fireplace, 1.5 Baths, a 35×32 Room with kitchenette area and over $100,000 of lighted glass display cases used for entertaining clients with a covered balcony that overlooks the property. The Lower Level boasts a 22×16 Conference Room, another Full Bath, a 10×5 Bomb Shelter, and Storage Rooms. Starting bid on this tract is $100,000.

TRACT #3 is a “swing lot” with 2.72+/- acres and consists of a 25×30 detached 2 car garage and 40×48 pole building on mostly wooded land with a Large Stocked Pond. This Vacant Parcel is ideal to build a new home for a private oasis. This lot may only be purchased in combination with Tract # 1 or Tract # 2. Starting bid on this tract is $30,000.

 

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