Sunday, May 17,2009 02:00 PM  thru  04:00 PM

11111 Leesburg Road, Fort Wayne, Indiana Located Just North Off Of U.S. 30 West

On site.

Real Estate: to be offered @ 1:00PM on site!

TRACT 1: A real nature lover's dream! This home is nestled within 2.7 gorgeous wooded acres, and includes a pond and 2 Pacemaker metal pole buildings. The home is a spacious 3 bedroom, 2 bath ranch with a huge family room plus large enclosed back patio. There is a wonderful kitchen / dining / hearth room plus a front living room. The home is heated and cooled with an efficient Geo-thermal system. Each of the pole buildings has concrete flooring and electric service. This property would make for an excellent home for a contractor, or landscape business!!

TRACTS 2 & 3: These are both 3.75 acre potential building sites. There is over 200 ft. of road frontage along each tract. Add Tract 2 to Tract 1 for additional acreage, or combine all three for a 10.5 acre mini-estate! If Tracts 2 & 3 are purchased separately, then Tract 3 will not qualify to apply for a building permit until 12 months after the recording of the deed on Tract 2. If two of the three tracts are combined, then Tract 3 would be eligible to apply for a building permit after closing.

Personal Property: 2 rings selling most of the day!!

Antiques & Collectibles:

Pope Gosser Rose Point china

3 antique Occupied Japan divided plates

Sheffield Bone White china

2 Blue Ridge plates

Homer Laughlin plates

6 pink Manhattan glass berry bowls

Green depression nut dish

Green crackle glass creamer

Green crackle glass vase

Red & orange crackle glass vase

Opalescent divided bowl

Yellow art glass ashtray

Cranberry ruffled bowl

Carnival ruffled bowl

Glass bear, apple & pear paper weight

Glass tooth pickers

Glass shoe

Carnival saucers, dessert plates, dinner plates, cups, platter, bowl

Depression candlesticks

Pink depression lace divided dish

Swirl pattern glasses & cups

Various style & size glass bowls

Frosted 3 footed pink bowl

Rose pattern tea set

Snack sets

Tall art glass vase

Van Briggle 5" vase

McCoy vase

Ornate candelabra

Dresser set mirrors

1982 E.T. collector glasses

Vintage Peanuts character glasses

Antique crock

Antique oil lamps

Metal Indian on horse figurine

Antique Columbia kitchen scales

Snack sets

3'x2'x4.5' ornate cast iron bird cage

7 other smaller bird cages

Gone With the Wind style lamp

Large retro style curved brass floor lamp

Retro style pole lamp

Vintage Skil Craft microscope set

2 Mattel Jack in the Box toys

Fiama elec. guitar

Many misc. figurines, knick knacks, bowls, glasses, vases, etc.

Furniture & Appliances:

Antique drop-leaf table, 6 chairs & extra leaves

Antique full-size bed

Antique chest of drawers

Antique piano stool

China cabinet

Coffee & end tables

Wood rocker

Hall tree

Upholstered chairs

Recliner

Floral sofa

Computer desk

4 section bookcase & display cabinet

Single door display cabinet

Drum table

dry sink

Full-size bed

King-size bed

Bassett chest of drawers

Blonde chest of drawers & matching dresser w/ mirror

GE flattop elec. range

GE refrigerator

Washer & dryer

Household:

Pots & pans

flatware & utensils

Small kitchen appliances

Casserole dishes

Canister set

Cookbooks

Canning jars

Hoover vacuum

Dirt Devil vacuum

Lifestyler 2000 treadmill

Weslo Pursuit 700S exercise bike

Console sewing machine

Bedding & towels

Floor lamps

Table lamps

Wall pictures

Picture frames

Single door storage cabinet

Barwick wall clock

Wood plant stand

Stereo equip.

VCR & VHS tapes

LXI series 1991 big screen TV

Wood TV trays

Wurlitzer organ & bench

Large beveled edge mirror

Boxes of Christmas decorations

Outdoor Christmas scene decorations

Tools, Lawn Equipment & Outdoor Items:

John Deere F525 front mount 48 deck riding mower

Lawnboy push mower

Lawn Keeper push mower

Craftsman weed eater

Sears front mount tiller

Sears 30" lawn sweeper

Lawn seeder

Lawn cart

Many yard tools shovels, rakes, fork, limb saws, ect.

Reel mower

Yard sprayers

7x12 flatbed wagon

6x8 trailer w/ sides

10" table saw

Ryobi oss 450 oscillating spindle sander

Avanti 6" bench grinder

Remington 3.0 16" chainsaw

16 gal. wet-dry vac

Power saw

Elec. drill

Sanders

2-1/4 ton floor jack

Battery charger

Bench vise

Hand saws

Screwdrivers

Pliers

Tin snips

90 degree clamp

Tool boxes

8' alum. folding ladder

Alum. ext. ladder

Drop cords

Gas cans

Very old Mercury boat motor

Fishing poles

8' tall windmill

10' long sailboat

Antique milk cans

Pair of antique metal patio chairs

Hardware, sprays, oils

Patio furniture

Vintage bicycles

Chicken crate

Flower pots

Dog cages

Misc. lumber, shop lights, gates, scrap iron

PROCEDURE: The property will be offered in 3 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: TRACT 1 and the combination with tract 1, $2500 down payment on the day of auction with the balance in cash at closing.

OTHER TRACTS: 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. The cost of the Title policy shall be shared 50/50 between Buyer(s) and Seller.

DEED: Seller shall provide a Personal Representative's 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 of Tract 1 shall be on day of closing, immediately following the closing. Possession of Tracts 2 & 3 shall be subject to tenant farmer's 2009 crop. The Tenant farmer shall have the right to farm the tillable acreage for the 2009 season and shall receive their share of the fall harvest. The Buyer(s) shall receive $70 per tillable acre from the tenant farmer as owners share of 2009 harvest. Should Buyer(s) want possession to build or excavate prior to harvest of crops, then Buyer(s) shall pay Tenant farmer the sum of $500 per acre disturbed.

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

POTENTIAL BUILDING SITES: If Tracts 2 & 3 are purchased separately, then Tract 3 will not qualify to apply for a building permit until 12 months after the recording of the deed on Tract 2. If two of the three tracts are combined, then Tract 3 would be eligible to apply for a building permit after 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 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 Seller's option and sufficient for providing title insurance. Combination purchase will receive a perimeter survey only.

PERIMETER DRAIN TILE EASEMENT: For purposes of Septic perimeter tile, 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 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