SOLD

REAL ESTATE AUCTION, 124+/- Acres offered in 4 Tracts in Noble County

2179 N. 600 E., Kendallville, IN 46755

Owner: Brian Hensley 1999 Trust, Attorney Douglas Ulmer Trustee Mon, Jun 15, 2015 EASTERN

AUCTION IS OVER

TOTAL SOLD: $695,000

Tract(s): 1+4 @ $510,000 ($5,971/acre)
Tract(s): 2+3 @ $185,000 ($4,792/acre)

IMPRESSIVE 3 DAY AUCTION • ATTENTION: HUNTING & OUTDOOR ENTHUSIAST!REAL ESTATE AUCTION, MONDAY, JUNE 15 @ 6PM • 124 Acres Sold in 4 Tracts • Prime Hunting & Recreational Ground • Custom Built Cabin & Outbuilding • Pond • Online Bidding Available • PERSONAL PROPERTY AUCTION, THURSDAY, JUNE 11 @ 4PM • 153 firearms cataloged • Large selection of Ammunition & Gun Accessories • Fishing Equipment • 2012 Alumacraft fishing boat • Taxidermy mounts • PERSONAL PROPERTY AUCTION, SATURDAY, JUNE 13 @ 9AM • Kubota M9540 Tractor w/Loader • Kubota L4310 Tractor w/Loader • Yamaha Viper Snowmobile • Power & Hand Tools • Custom made Casino Gaming Tables


OPEN HOUSE/INSPECTION DATES

Sunday, May 17 & Sunday, May 31 from 2-4PM

PROPERTY LOCATION

2179 N. 600 E., Kendallville, IN 46755 - Noble County, Jefferson Township, Section 34

AUCTION LOCATION

Held Onsite!

TRACT DESCRIPTIONS

Tract 1: 2± ac potential building site with approximately 310 ft. of road frontage on 600 E.

Tract 2: 26.6± ac 24x36 pole barn, wooded and recreational ground, food plots, trails, deer stands, approximately 125 ft. of road frontage on 600 E.

Tract 3: 12± ac of rolling grass land with approximately 430 ft. of road frontage on 600 E.

Tract 4: 83.4± ac of wooded and recreational ground, food plots, trails, deer stands, stocked pond, and gravel lane to custom built cabin with outbuilding.
IMPROVEMENT FEATURES:

  • Custom built cabin with knotty pine lined walls and ceilings and laminate floors, with approximately 2,500 Sq. Ft.
  • Log siding
  • Rear fenced in stone dog area
  • 22x30 family room with custom built log fireplace and built-ins
  • 14x20 kitchen
  • 7x20 pantry
  • 10x18 den with built-ins
  • 13x17 gun safe room w/ vault door
  • 12x16 bedroom w/ 6x12 walk-in closet and loft
  • 13x20 utility room with washer/dryer hookup
  • 6x27 indoor shooting range
  • Full bathroom all ceramic tile w/ built-in sauna
  • Vaulted ceilings
  • Trane water source heat pump for cabin
  • Central air
  • 50 gallon water heater
  • GE Smart water softener
  • WellRite pressure tank
  • Pex plumbing
  • Generac model 11168230100 whole house generator
  • 36x50 game room w/ wet bar, full bathroom, bedroom, storage rooms w/ wine racks, has separate GFA furnace/central air
  • 14x28 bay & 19x21 bay attached garage w/ 7x8 & 9x11 OH doors, 19x21 loft
  • 49x50 Carpentry workshop w/ 10x12 ventilated paint room, 1/2 bathroom, sealed concrete floors, fluorescent lighting, heated/air, 220 electrical, air filtration system
  • 29x50 4 bay attached garage (in front of and attached to carpentry shop) w/ (1)-10x11 OH door & (2)-7x9 OH doors, 7x9 OH door leading to carpentry shop, 25x29 loft

    Auctioneers Note: Mr. Hensley was an avid outdoorsman who enjoyed hunting, fishing, and woodworking. He took great pride in his collection of firearms, tools, 124 acre hunting preserve, and custom built cabin with many extra features. This property has been meticulously maintained with many hours spent creating a hunting and recreational paradise. This is a once in a lifetime opportunity to purchase a one of a kind property along with an impressive collection of firearms, tools, and outdoor equipment. Be sure to attend this auction!


    AREA MAP

  • TRACT MAP(S)

    SOIL INFORMATION

    AREA MAP(S)

    PROCEDURE: The property will be offered in 4 tracts, any combination of tracts, and as a total unit. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer.

    DOWN PAYMENT: 10% down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashiers check, personal check or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.

    ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. Seller reserves the right to reject any and all bids.

    EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.

    DEED: Seller shall provide a Trustees Deed.

    CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

    POSSESSION: Possession day of closing, immediately following the closing.

    REAL ESTATE TAXES: Real Estate Taxes shall be pro-rated to the day of closing.

    ACREAGE: All tract acreage, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.

    SURVEY: A perimeter survey shall only be completed where tract divisions create new boundaries. The seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance. Combination purchase will receive a perimeter survey only.

    PERIMETER DRAIN TILE EASEMENT: Easement access will be provided over tracts in this property for perimeter drain tile outlets if perimeter drain tile outlets beyond each individual tract are required by the Noble County Board of Health.

    AGENCY: Schrader Real Estate & Auction Co. of Fort Wayne, LLC., Inc. and its representatives are exclusive agents of the Seller.

    DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on a AS IS, WHERE IS basis, and no warranty or representation, either express, or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. 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 the brochure is subject to verifications by all parties relying on it. The Seller or the Auction Company assumes no liability for its accuracy, errors, or omissions. Conduct of the auction and increments of bidding are at the 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 persons credentials, fitness, etc. All decisions of the Auctioneer are final.

    ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS.

    Auction Brochure

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