Real Estate Auction

Offered by Cornerstone Realty, Inc./Lutz Auction Service LLC

9488 SR 46, St. Leon, IN 47012

2 parcels recently surveyed and corners are identified 

Thursday March 26, 2025 at 6 p.m.

Call auctioneer to schedule a showing

Auction held at the Lutz Auction Center located at 25980 Auction Lane Guilford, IN

Tract 1: Clean brick low maintenance ranch home on 1 acre conveniently located at 9488 State Road 46, minutes from I-74 and East Central school. The home offers 3 bedrooms, living room, eat in kitchen, 2 full baths with one having laundry hookup, an attached 1 car garage, finished basement with WBFP with gas logs, bar, kitchen facilities and storage. Front & rear covered porches, circular concrete driveway with extra parking, another detached garage and a utility shed.  Home is connected to city sewer, city water and natural gas.  

Tract 2: Rare find: Adjoining level 1.09 acre building lot with utilities at the street and 148 feet of road frontage.

TERMS: Highest bidder of Tract 1 will require a $10,000.00 and Tract 2 will require a $5,000.00 non-refundable down payment. Buyer will sign a purchase agreement and close on the property before May 1, 2026. The purchase agreement has no contingencies so have your financing, inspections and due diligence arranged before the auction. Possession at closing.  Seller will pay the real estate tax installments due and payable in May and November 2026. The property is selling “As Is, Where Is”: no warranties or guarantees given by the Seller and/or Auctioneer/Broker. Final bid is subject to Seller’s confirmation but is very realistic.

AUCTIONEERS NOTE: One owner home and has been well cared for. Auction held at Lutz Auction Center, not on location. Call auctioneer to answer any questions.

Frances A. Hornbach Living Trust – Owners

Dale & Randy Lutz – Auctioneers

513-266-1859 / 513-266-1860 / lutzauctions.com

Announcements made day of auction take precedent over printed material.