Wednesday, May 14,2008 06:00 PM  thru  08:00 PM
Sunday, May 18,2008 02:00 PM  thru  04:00 PM
Saturday, May 24,2008 10:00 AM  thru  12:00 PM

From Fort Wayne, Take Clinton Street north of Washington Center Road approx. 2 miles to Brooks Road, (just before I-469 underpass), turn south onto Brooks Road and follow back to property.

Northpointe Woods Club House in Northpointe Woods subdivision. Located off of North Clinton between Washington Center road and Dupont Road. From Brooks Road, go south on Clinton to the main entrance to North Pointe Woods. Turn onto River Oak Drive, and follow back to Club Northpointe.

TRACT 1: 4.25 ACRE potential building site with over 350 feet of road frontage. There is some roll to this property for possible pond and walk-out site. The property runs back over 500 feet deep. A 25 foot ingress eagress easement runs along the north property line back to tract 2.

TRACT 2: 4.25 ACRE potential building site. This property has access via the 25 foot easement across the north property line of Tract 1. This property rolls up in the back against the woods for a gorgeous back drop for your home.

TRACT 3: 4.2 ACRE wooded site with a lot of privacy. This tract gains access via a 25 foot ingress eagress easement across the north property line of tract 4. This tract is mostly wooded with the tower line creating a natural clearing for driveway. There is a natural stream flowing through this tract with several mature trees. Combine with Tract 2 for additional acreage for yard and pond. Build on Tract 2 and hunt on Tract 3.

TRACT 4: 3 ACRE potential building site. This all wooded tract has nearly 250 feet of road frontage and runs back over 400 feet in depth. For purposes for improvement permits, the actual road bed would need to be improved to access point at minimal County Specs. Call office for details.

TRACT 5: 32 ACRES, this tract has it all! Exceptional building site / productive tillable acreage / wooded river frontage / CRP income acreage! An old brick relic of a home sets upon this tract. Lots of aged brick for owner's use! There are approximately 25 acres of tillable land with 9.4 acres being in CRP income contract. There are approximately 2.3 acres of woods on the top side of the property and approximately 4.5 acres of woods at the bottom with nearly 500 feet of river frontage. For purposes for improvement permits, the actual road bed would need to be improved to access point at minimal County Specs. Call office for details.

TRACT 6: 30 ACRES, this tract boasts some of the most premier executive building sites available in Allen County along with some of the best deer hunting around. There is nearly 5 acres of woods on the top side with 2 - 3 gorgeous potential walk-out sites. There is approximately 15 acres of tillable ground and over 5 acres of woods in the bottom ground. There is nearly 800 feet of river frontage. This tract borders a large planting of trees to the west for long term privacy and wildlife refuge.

AUCTION MANAGER NOTE: This is a very rare opportunity for such a desirable property in Allen County to be offered at Public Auction. The location offers a very short drive to downtown Fort Wayne, as well as ease to I-69 and I-469. If you have ever considered building your dream home, then take time to take a look at this particular property. A must see for the outdoor enthusiast, professional, farmer, hunter, or any land investors.

PROCEDURE: The property will be offered in 6 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. Bids on tracts, tract combinations and the total property may compete.

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, cashier's 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 owner's 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 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession at closing, subject to tenant farmer's 2008 wheat crop on the tillable acreage. The seller will receive the owner's share of the wheat crop.

REAL ESTATE TAXES: The 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: The Seller shall provide a new survey where there is no existing legal description or where the tract divisions in this auction create new boundaries. Solely the Seller shall determine any need for a new survey. 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 Seller's option and sufficient for providing title insurance. Combination purchases 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.

ACCESS EASEMENTS: If Tract 2 is purchased separately from Tract 1, then there shall be a 25 foot ingress / egress access easement across the north edge of Tract 1 to Tract 2 and Tract 1 shall be sold subject to this 25' easement as shown in the brochure. If Tracts 3 or 6 sell separately, then there shall be adjacent 25 foot ingress egress easements for each across the north edge of Tract 4 and Tract 4 shall be sold subject to these 25 foot easements as shown in the brochure.

AGENCY: Schrader Real Estate & Auction Co. 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 "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 person's 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.