5.19 +/- Acres, 60’x40’ Storage Building, 3 BR Bungalow in Waterloo, Indiana


840 E. Van Vleek St. Waterloo, Indiana 46793

Thursday, July 21st, 2016 @ 5:30 pm

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5.19+/- Acres, 60’ x 40’ Storage Building & 3 bedroom bungalow located in Waterloo, Indiana.
Property features 12 parcels, zoned residential, highly visible from SR 6 & endless building potential.

Also Selling: John Deere Mower • Craftsman Radial Saw • Toro Mower • Tools & Outdoor

Monday July 11th @ 5-6:30 PM
Monday July 18th @ 5-6:30 PM

Property Features

  • Real Estate Details:

    5.19+/- acres of a combination of 12 separate platted parcels of land, all zoned residential with frontage on E. Marion St., N. Best St. and E. Van Vleek Streets. Cedar Creek runs the entire southeast to northwest property line. Rolling meadows, wooded, mowed fields all well drained. Highly visible from SR 6. Potential building lots or just make it a rental and your man cave.

  • Structures Details:

    On the southern half there is a 3 bedroom, 1+ bath, story and a half bungalow on a tall crawl. Handyman, flipper special. Needs total renovation. Sold as is where is. Partial asphalt drive to a 40’x60’ redwood storage building. Slab floor, open floor plan, 200 amp circuit breakers, rough plumbed for water and sewer, redwood siding inside and out, 2nd floor accessed by outside staircase in the rear of the building. Concrete pad and addition parking on south side of building.
    Taxes: 2015 pay 2016, $3,920.37 with no exemptions.

Personal Property


    Craftsman radial arm saw, table saw, John Deere 110 riding mower, scroll saw, Toro self-propelled mower, Werner 16’ fiberglass extension ladder, vintage Wurlitzer loud speakers, hand tools, rolling tool box, band saw, Glitter Glaze super polish.

Real Estate Terms

Buyer Brokers welcome (contact auctioneer for details).  $6,000 down day of auction, balance on closing.  Buyer(s) to pay winning accepted bid price plus a 2.5% buyers premium (2.5% of winning bid) due at closing.  Property sold subject to confirmation of the owner.  Property sold as-is, where-is.  Property sold for cash. (The sale of this property may be financed; however, the sale of this property IS NOT CONTINGENT to financing approval).  The information stated in this brochure are the opinions of the sellers, Scheerer McCulloch Auctioneers, Inc. and its agents, however, the decision to bid on the real estate property is entirely up to the individual bidders based on their own individual inspections, research and opinions. All statements, measurements, zoning and tax information are from reliable sources, however, are not guaranteed to be accurate. Statements made day of auction takes precedence over any and all previous oral or written matter.  Real estate closing within 30 days of auction.  *Real estate taxes: Real estate tax information stated indicates what the current owner is required to pay and is merely a guideline (the new buyer’s real estate taxes may or may not be the same as what the current owners is required to pay). Real estate taxes prorated to date of closing. 

Personal Property Terms

10% buyers premium on all items. Cash, MC/VISA. All items sold as-is. Statements made day of sale take precedence over printed matter. All sales are final. Not responsible for accidents.