Thursday, May 28,2009 04:00 PM  thru  06:00 PM
Sunday, May 31,2009 01:00 PM  thru  03:00 PM
Wednesday, June 03,2009 04:00 PM  thru  06:00 PM

From the intersection of US 30 & SR 109 at Columbia City, IN, take SR 109 north 1 1/2 miles to Etna Road, then northwest approximately 1 mile to the property.

Auction to be held on site.

REAL ESTATE WILL SELL AT 6:00PM

Tract 1: Beautiful turn of the century country home situated on 3.3 acres. This 2328 sq. ft. home consists of 3 bedrooms, 2 baths, kitchen, formal dining room, living & family rooms. A paved driveway leads to the immaculate landscaped home and patio. 40ftx48ft polebarn, mostly concrete and 2 room office. Great for hobbies or 4-H projects! 24ftx32ft detached garage, concrete floor, (2) automatic overhead doors. Gorgeous setting waiting for you!

Tract 2: 2 acre potential building site. Great for walk-out basement with wooded pine grove. Build your dream home or just camp and relax!

PERSONAL PROPERTY WILL SELL AT 4:00PM
2007 Kia Amanti automobile, 2006 KZ Sportsman camper, JD 5200 MFWD tractor with loader, Attachments, (2) Yamaha 4 wheelers, John Deere 445 & 185 lawn tractors, Lawn & Garden Equipment, Generator, Quality power tools, Hand tools of all kinds

2007 Kia Amanti 4 dr. automobile, V6, auto., leather, loaded, 27,874 miles

2006 KZ Sportsman 2605 travel trailer, awning, AC & heat, all appliances, full bath, flat screen television, sleeps 6, like new, only used 5 times!

1997 John Deere MFWD tractor, JD 540 loader, independent valve, 3 pt, quick hitch, ONLY 730 hrs

John Deere 10A backhoe (fits 5200 sells seperately)

John Deere 717 3 pt rotary mower

7ft Pequea 3 pt grader box

2001 Yamaha Kodiak ultramatic 4 wheeler, 4x4

1985 Yamaha Kodiak 4 wheeler, 4x4, 1991 miles

Triton alum. 2 place snow mobile trailer

John Deere 445 lawn tractor, 60 deck, 724 hrs

John Deere MC519 trailer lawn vacuum

John Deere 185 hydro lawn tractor, 38 deck

38 John Deere snowblower

JD #10 lawn cart

Agri-Fab broadcast spreader

Huskee 30 gal lawn sprayer, 3.5 Briggs motor

JD JS91 self-propelled mower

Troy-Bilt horse roto-tiller

Echo SRM 2500 weed eater

Echo GT200R weed eater

Craftsman leaf blower

Husqvarna 335 XPT chain saw

JD CS 46 chain saw

Elite Series 8000 watt portable generator, Vanguard 15 hp, elec. start motor

Clark 95 mig portable welder

Campbell Housefield 2400 psi pressure washer, Honda 5.5 motor

Campbell Housefield 2 hp portable air compressor

Campbell Housefield sand blaster

small acetylene portable torch

Craftsman 16 gal shop vac

Craftsman 3 pc, 17 drawer tool chest

Hitachi miter saw

Rockwell radial arm saw

Skill 10 band saw

Craftsman 4 1/2 jointer/planner

Craftsman 3x21 belt sander

Black & Decker sawsall

Delta 12 bench drill press

DeWalt circular saw

Porter Cable router & table

DeWalt & Milwaukee drills

Wen buffer/polisher

Reddy Heater 155,000 btu heater

Fill-rite DC fuel pump

numerous quality hand tools, sockets, wrenches, etc.

pruners, saws, garden tools of all kinds

T-squares & levels

Duralast floor jack

jack stands

work lights

8& 6 fiberglass step ladders

assorted lumber

steel fence post

elec. fence charger

barb stretcher

dog house

chain link dog kennel

horse drawn cultivator

Quality Furniture, Office Equipment ,Grandfather Clock, Franklin Mint, Knife Collection, Furnishings, Housewares

beautiful dining room suite, glass doored china cabinet, table & 6 chairs

wooden bar cabinet

matching upholstered sofa & love seat

upholstered chair & ottoman

hide-a-bed sofa matching love seat

glass top coffee & end tables

(2) oak end tables

(3) brass table lamps

wooden bedroom suite, chest, dresser, nightstands

table lamps

wall mirror

entertainment center, roll up door, 2 glass doors

wooden computer cabinet w/ doors

wooden file cabinet/bookcase

wooden bookcase

kitchen table & 4 chairs

(2) 4 drawer lateral files

(2) 2 drawer file cabinets

HP computer, flatscreen, wireless keyboard

HP photosmart C6150 printer, fax, scanner, copier

Canon copy machine

Panasonic cordless phone/answering machine

paper shredder

office chair

Svoboda grandfather clock

Franklin Mint knife collection: Pawnee Wolf Knife, American Heritage Eagle Bowie Knife, General Ulysses S. Grant Bowie Knife, American Eagle Bowie Knife, American Freedom Eagle Bowie Knife, Master of the shores knife, American Frontier Eagle Bowie Knife, Proud Eagle Knife

handmade knife & sheath

various wildlife pictures

(10ﾱ) eagle statues/figurines

brass bear w/ fish statue

several gun books

gun reloading equipment

Mitsubishi television

Sony VCR/DVD player

Sony CD/cassette receiver stereo & 2 speakers

TEAC hi-fi system

George Foreman grill

small kitchen appliances

Pfaltzgraff dishes

Corning Ware

mixing bowls

pots, pans

several -Gardening Made Easy- books

(2) window air conditioners

Weber gas grill

gas smoker grill

turkey fryer

patio fireplace

patio table, 4 chairs, serving cart

ﾠlawn chairs

garden hose & reel

White Mountain ice cream freezer

croquet set

snow shoes

water skis

Coleman lanterns

bug zapper

coolers

Christmas tree

Christmas decorations

appliance cart

Cadence 3350 treadmill

card table & chairs

cigars & humidors

PROCEDURE: The property will be offered in 2 individual tracts, any combination of tracts and as a total 5.3ﾱ 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.
DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of 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. All final bid prices are subject to the Sellers acceptance or rejection.
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
DEED: Seller shall provide Warranty Deed(s).
DEED RESTRICTIONS: The following deed restrictions shall apply if the property sells in multiple tracts: All homes must be built to the Indiana 1 & 2 Family Dwelling Code. (This would exclude all mobile homes and typical doublewide modular homes.) The minimum square footage (exclusive of garages, basements and porches) on single story homes shall be 1,400 square feet. The minimum square footage on 1-1/2 story homes shall be 1,600 square feet. The minimum square footage on 2 story homes shall be 1,800 square feet. All homes must have no less than a 5/12 roof pitch and no less than a two-car, attached garage.
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 Whitley County Health Department.
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 is at closing.
REAL ESTATE TAXES: Real estate taxes shall be prorated to the date of closing.
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates has been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.
ACREAGE: All tract acreages, 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 new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. 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 purchases will receive a perimeter survey only.
AGENCY: Schrader Real Estate & Auction Company, Inc. and its representatives are exclusive agents of the Seller.
DISCLAIMER & 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 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.