Sunday, October 07,2007 02:00 PM  thru  04:00 PM
Wednesday, October 17,2007 05:00 PM  thru  07:00 PM

See Map - At US 24 and Bull Rapids Road, travel south on Bull Rapids Road 1/6 Mile to Property

Auction Held On Site.

REAL ESTATE 12 NOON

TRACT 1: Situated on 4.5 acres, this is a very well kept 3 Bedroom country home on basement, with two barns, and a scenic wooded back lot. The home features a beautiful country kitchen with large living / dining room area. There is a wonderful breezeway with wood burning fireplace. There is 36 x 40 shop building with electricity and two 12 foot overhead doors. There is also a 36 x 56 hewn beam barn with good roof. This property is located just a mile north of Woodburn and 6 miles east of 469.

TRACT 2: 5.5 wooded acres. Definitely one of East Allens prettiest building sites available today. Located 800 feet back off of the Bull Rapids road! This site offers huge mature oaks and other trees. This tract will have a 50 foot owned access to the property. Combine tracts 1 and 2 for a picturesque 11 acre mini farm.

Annual taxes: $1500 with Homestead Exemption and are combined with additional acreage.

PERSONAL PROPERTY: TO SELL AT 9:00AM

ANTIQUES, COLLECTIBLES & QUILTS

(2) Longaberger Baskets

Art Deco mirrored picture frame

Art Glass Martini pitcher

Glass candle holders

Vintage clothing items

Old Magnavox work badge, Magnavox service pins-gold

Handled pink depression glass pieces

Candlewick bowl

Pattern glass items

Platinum Wheat pattern china set

Various glassware including etched stems

Cups & saucers

Milk glass items

Wall clock, battery-op

Local aerial view photos

Variety of books & magazines

Oil lamps & old oil lantern

Japanese bird wall pockets

Many Oil paintings b y I. Stoller, including Grabill Fair award winners, many other framed prints, mirrors, wall decor and many loose frames

Embroidered pillow cases

Vintage linens and bedspreads

Some hand stitched quilts, quilt racks, quilting frames

Super Hot Rod pedal race car, barn stored, as-is

McCoy & other planters

Old metal bucket, crocks & other primitive items

Equity, Top of Ohio milk bottle & Ball jars

Marlin .22 lever action rifle with hex barrel, S-L & L-R, model 92

Excel breakaway shotgun.

FURNITURE, APPLIANCES, TOOLS & MISC.

Pair of rush bottom ladder back chairs

Round Oak pedestal table

Old jelly cupboard

Large wooden storage cabinet

Solid Maple drop-leaf table & 4 chairs, with leaves

4 pc. Coffee, end table set

5 pc. Coffee, end table set

Recliner

Swivel rocker

Chair & ottoman

Various floor & table lamps, (2) swag lamps

Maple Bench

Walnut sewing cabinet

(2) Sewing machines & sewing accessories

Mahogany drop leaf Duncan Phyfe table with leaves & various chairs

Matching sofa & love seat

Rocker recliner

(2) stereo cabinets

Mixed wood 1930s bedroom suite-full size bed

Metal full bed

Mahogany coffee table

Vintage Lane Waterfall cedar chest, other cedar chest

1950s bedroom suite-full bed, 2 night stands, dresser & mirror

Art Deco bedroom suite with mixed wood, matched wood grain & Bakelite pulls-full bed, vanity & mirror, chest of drawers

(3) File cabinets

GE Refrigerator, clean Almond color

GE microwave

Whirlpool washing machine & electric dryer

Old Ironrite roll iron

Good selection of various hand tools, tool boxes & hardware-new & old

Electric bench grinder

Crosscut saw

Folding Bicycles

Old & large livestock gates & variety of other barn items

Selection of household goods, Christmas trees & decos

Box Fan

Lawn Blower

Kitchen items and variety of other items.

PROCEDURE: The property will be offered in 2 tracts, and the combination of the two tracts. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on each tract and the combination may compete.
DOWN PAYMENT: TRACT 1 and the combination with tract 1, $5000 down payment on the day of auction with the balance in cash at closing.
TRACT 2 ALONE: 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 auctions 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 Warranty 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 on day of closing, immediately following the closing.
REAL ESTATE TAXES: The seller shall pay all of 2007 taxes due and payable in 2008. The buyer(s) shall pay all thereafter.
ACREAGE: All tract acreage, dimensions and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
SURVEY: The Seller shall provide a new survey where the tract divisions in this auction create new boundaries. 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 Allen County Board of Health.
AGENCY: Schrader Real Estate & Auction of Fort Wayne, LLC. 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 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 conduct of 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 MADE.