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112 Acres Offered in 9 Tracts - High Quality Timber Land & Timber Auction **Estate Sale - Oct. 24, 9a.m-5p.m. & Oct. 25, 9a.m.-1p.m.** **Watch for detailed Estate list online**
Thursday, October 23, 6:30 pm Fremont, IN · Steuben County
Owner: Robert & Marilyn Stephenson
The home on Tract 8 is available @ $99,000 prior to the auction. Please call auction mgr. for a private showing.
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Contact Sales Manager:
Rick Williams
(877) 728-4735
(260) 417-2467 (cell)
(877) 728-4735 (Toll Free)
Request a Brochure:
Mail me this Brochure
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Tract Map - Click to enlarge
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Excellent Deer & Wild Turkey Hunting
Veneer Quality Logs
High Quality Sugar Maple Trees
Primarily Rawson Loam Soil
Fremont Schools
Potential Homesites near Clear Lake
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ADDITIONAL AUCTION FORMS
Click to Download .pdf File
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click to download .pdf
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REAL ESTATE PREVIEW:
Sunday, September 14,2008 01:00 PM
thru
04:00 PM
Sunday, September 28,2008 01:00 PM
thru
04:00 PM
Saturday, October 11,2008 09:00 AM
thru
12:00 PM
PROPERTY LOCATION:From Intersection of S.R. 120/S.R. 827 at the Stop Light in downtown Fremont, IN, Go East on S.R. 120 approx. 5-1/2 miles to the property. Property address is: 8615 E. S.R. 120 Fremont, IN 46737.
AUCTION LOCATION:St. Paul Catholic Chapel, 8780 E. 700 N., Fremont, IN 46737. Directions to Auction Location: From the property at the intersection of S.R. 120 & C.R. 850 E., go North on 850 E. 1/2 mile to Clear Lake Rd. Turn right and follow Clear Lake Rd. around the lake approx. 1-1/2 miles to 700 N. The Chapel is located on the Northwest corner of the intersection
PROPERTY DESCRIPTION:
Auctioneers Note:
It is with great pleasure that Schrader Real Estate and Auction have to offer the old Wilford & Pearl McMurray Farm in Steuben Co., IN. According to Marilyn this farm had the first well in Steuben County. This property is being offered at auction for the first time in 156 years. Come and bid your price for this Historic Farm and enjoy this property just as the McMurray families have for generations.
Tract 1: 33+/- Acres of productive, mostly tillable land. This tract has primarily Blount Silt Loam and Rawson Silt Loam soils. This tract also features road frontage on S.R. 120. Call auction manager for FSA details.
Tract 2: 27+/- Acres of mixed hardwoods. This tract features primarily high quality Sugar Maple trees. The marked trees are excluded from this tract and are offered as Timber Tract 2A. This tract is also a hunters paradise with deer and wild turkey or build your dream home in this wonderful country setting. Note: Purchase Tract 2 and Timber Tract 2A and control the timber harvest.
Timber 2A: The marked timber (primarily high quality Sugar Maple with a few Black Walnut trees) on Tract 2. Call auction manager for the timber report and a copy of the timber contract or view online at our website.
Tract 3: 5+/- Acre potential building site with a good stand of pine trees as a backyard and a wooded tree line to the North.
Tract 4: 5+/- Acre potential building site in a beautiful country setting near Clear Lake.
Tract 5: 10+/- Acres of all tillable cropland. This tract features road frontage on both S.R. 120 and C.R. 850 E. Investigate the potential of this tract as a commercial site with excellent visibility.
Tract 6: 15+/- Acres of productive, nearly all tillable farmland. This tract features road frontage on both S.R. 120 and C.R. 850 E. This tract has primarily Rawson Silt Loam and Morley Silt Loam soils.
Tract 7: 13+/- Acres productive, all tillable farmland. This tract has primarily Rawson Silt Loam, Morley Silt Loam and Pewamo Silty Clay Loam soils.
Tract 8: Historic Country Home on approx. 2 acres. This home features 3 bedrooms, 2 baths, 2 kitchens (1 up, 1 down) and enclosed patio room. This home is finished with Knotty Pine throughout the home. This tract also features a 4-car detached garage.
Tract 9: 2.6+/- Acres with a 40' x 60' Pole barn (2 doors) along with a bank barn and corn crib. This tract is a "Swing Tract" and can only
be purchased in combination with Tracts
6, 7 or 8.
PERSONAL PROPERTY
FAMILY ROOM
(2) Lazy Boy burgundy chairs
(2) dark brown wicker stands
Wicker chair, light brown
(2) wooden cabinets
pear & apple stand
(3) plant stands
(2) wall clocks
(3) lamps
(2) wall mirrors, 1 with lights
25 television
VCR
TV Stand
Music wall hanging
(2) plant baskets
Decorative tree w/pot
(2) metal chicken chairs
Desk w/shelves
Antique desk, kidney shaped
Corner cabinet
Watering can Lamp
(4) angel figurines
Apple basket
(2) deer figurines
Shelf clock
Rabbit wall hanging
Chicken rooster figurine
Cow figurine
Frog figurine
(2) bird house figurine
Rabbit figurine
Cat figurine
Window arrangement
Onion wall hanging
(2) floor rugs
Runner rug
Tons of mens & womens shoes
Tons of mens & womens clothing
KITCHEN
Bird wall clock
Bird arrangement w/houses
(3) tea pots
Small cabinet
(9) pasta jars
Microwave, red
Bread box
Ceramic canister
(2) lamps
Egg candles
Cat teapot
Duck teapot
Candle lamp
Apple wall clock
Large farm scene wall picture
Vegetable wall hangings
(3) apple boxes
Corner shelf
Stainless steel trash can
(2) watermelon baskets
Plant basket
(3) cow soap figurines
Pig napkin holders
Ceramic teapot cookie jar
(3) floor rugs
Kitchen table & chairs
BATHROOM
White wicker chair
White wicker shelf
White wicker trash basket
White wicker mirror
Linen dresser
Toilet paper holder
(3) wall hangings
SITTING ROOM
Table & 2 chairs
(2) floor lamps
(4) wall wreaths
(4) picture frames
Flower basket
Large farmboy picture
Picture stand
Wicker rocker chair
(7) drawer dresser
Baby doll crib
End stand
Combo TV/VCR
Crystal set
Crystal lamp
Shelf full of knick knacks
PATIO AREA
WHITE WICKER: (2) chairs, (3) end stands, shelf ,(2) dressers, chase lounge chair, flower holder, coffee table, lamp
(2) candle lamps
(2) lamps
Vase of flowers
(4) flower baskets
(3) flower candles
Flower wreath
(5) wall hangings
(5) child figurines
Flower vase
Column base for plants
Floor column for candle
Bird decorations
(2) Floor rugs
3rd BEDROOM
(4) wicker stands
Wicker dresser/armoire
Wicker chair
Farm scene wall picture
(2) lamps
Wreath
Birdhouse arrangement
(3) plant arrangements
Large decorative tree
DOLL ROOM
(2) marriage wall hangings
(2) girl picture frames
House picture frame
(8) picture frames
Small chair
(2) end tables
Stand-up mirror
Window knick knacks
(10) dolls
(3) doll stands
(2) treasure chests
Wicker chest
4 drawer dresser w/mirror
Cedar armoire
Numerous decorative items
LIVING ROOM
(3) lamps
(2) floor lamps
(6) end stands
Cat bed w/cats
Cat statue
(9) plant stands or baskets
(11) wall pictures
(3) flying geese
Wicker chair
Wicker shelf
Loveseat
Lazy Boy chair
Green chair
Wheel end table
(2) wall clocks
Coffee table
(3) wall wreaths
Antique drawer for ??????????
Flower floor Lamp
Wall mirror
Numerous knick knacks
2nd FLOOR BEDROOM
(5) picture frames
(2) mirrors
Wall mirror
Wall clock
(4) lamps
(4) floral baskets
(5) end stands or floral stands
(2) doll chairs
(8) large & small ceramic crocks
(2) rocking chairs
Queen size bed set w/comforter & pillows
Old wooden chest
Chair w/foot stool
Antique baby carriage
Antique baby high chair
(2) hand corn planters
1st BEDROOM
Queen size bed set
Small wooden dresser
(2) bird house night stands
Ceramic rooster
Ceramic chicken
Bed linens
Table clothes
(6) picture frames
(2) brown wicker night stands
Lamp
(2) vases
Ceramic plate/pitcher flower arrangement
(2) candle holders
(2) wall clocks
Ceramic wall hangings
(2) wall mirrors
15 RCA TV
Wicker towel holders
Wicker turtle basket
Wooden end stand
Tons of drapery
Rugs
Pillows
Place mats
(2) Antique dressers & (1) chair, sell as 1 unit
2nd FLOOR KITCHEN AREA
(5) picture frames
(2) wall mirrors
(2) wall clocks
Pink wicker table & chairs & shelf, sell as 1 unit
Metal shelves
Metal basket
Bird house canisters
Pink rose light & stand
GARAGE ITEMS
(7) metal shelves for home decorations
Numerous rugs
Montgomery Ward arc welder, 295 amps
White wicker loveseat
White wicker childs chair
White wicker basket
Yard tools
Yard tool organizer
Numerous gas cans
Yard seeder
16 gal. shop vac.
2.5 hp air compressor
Large garage refrigerator
Dorm room size refrigerator
Milk crates
(2) varmint traps
Old wooden cabinet
Wards Sea King fishing motor
Hoover steam vac.
(3) oscillating fans
Lawn chairs
Outside storage bin
Patio table & chairs
Patio swing
AUCTION TERMS & CONDITIONS:
PROCEDURE: This property will be offered in 9 individual tracts, any combination of tracts and as a total 112 acre 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.
Tract Divisions: Any tract or combination of tracts less than 20 acres are subject to Steuben County Plan Commission approval. The cost for this platting, if necessary, will be split 50/50 between Buyer and Seller. All tracts or combination of tracts more than 20 acres are exempt.
DOWN PAYMENT: For Real Estate Tracts 10% down payment on the day of auction with the balance due at closing. For Timber Tracts 25% down on day of auction with the balance due within 10 days. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
REAL ESTATE CLOSING: The balance of the purchase price is due at closing, which shall take place within 15 days from delivery of marketable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
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. All final bid prices are subject to the Sellers' acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide an owner's title insurance policy in the amount of the purchase price for real estate sales.
DEED: Seller shall provide Warranty Deed(s).
STANDING TIMBER: A professional forester has marked the trees for harvest by considering good management for long term timber production. If timber tracts are purchased separately, harvest of the marked trees is to be done by March 1, 2009.
POSSESSION: Possession of land will be at closing, subject to timber buyer's rights to remove logs of marked trees.
REAL ESTATE TAXES: Real estate taxes will be the responsibility of the Buyer beginning with taxes in 2009 and thereafter.
SURVEY: The Seller shall provide a new survey if real estate sells in separate tracts. Seller and successful bidder(s) shall each pay half (50:50) of the cost of the survey.
AGENCY: Schrader Real Estate & Auction Company, 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 an "AS IS, WHERE IS" basis, and no warranty or representation, either expressed 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 this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and 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.
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