AUCTION IS OVER

TOTAL SOLD: $735,000

Tract(s): 1+4	@ $275,000	($16,944/acre)
Tract(s): 2+3	@ $120,000	($8,989/acre)
Tract(s): 5+6	@ $340,000	($7,081/acre)

• Exquisite 4,500 SF Home • Airplane Hangar • Paved Air Strip • Productive Tillable Acres • Gorgeous Pool • Wooded Sites

Personal property auction held on May 18 at 9 a.m.

OPEN HOUSE/INSPECTION DATES

Sunday, April 28, from 2 p.m. to 4 p.m.
Saturday, May 4, from 10 a.m. to 12 p.m.

Or please call for a private showing.

PROPERTY LOCATION

6428 Brush College Road, New Haven (Located 4 miles east of S. R. 37, off of Doty Road).

AUCTION LOCATION

Held on site in Hangar.

PROPERTY DESCRIPTION

HOME FEATURES:

Spectacular entrance w/ slate floor, large chandelier, gorgeous curved stairway to upstairs!

Spacious and open eat in kitchen w/ breakfast bar, ceramic flooring and lots of cabinets! All appliances included!

Gorgeous dining room w/ large window and crown molding!

Beautiful living room w/ bay window and crown molding!

A wonderful year round sun room w/ view of the air strip!

Den / bedroom w/ closet.

Large laundry room w/ drip dry space, built-in iron board, and full bath w/ shower

Stunning master bedroom w/ master bath, large and plentiful closets!

Upstairs features loft, large walk-in cedar closet, 3 beautiful bedrooms and 2 full-baths!

A huge full unfinished basement with Kinetico softner, (2) water heaters, and more storage!

21 Actual closets in this home w/ additional walk-in attic upstairs!!

In-ground heated pool features 8 ft. diving area, step into pool, and heated pool house.

Natural gas furnace and central air!

2 Car attached garage w/ additional storage

TRACT DESCRIPTIONS

Tract 1: 8± ac An immaculate 1-1/2 story sprawling all brick home on 8 +/- acres, an in-ground pool, and 2300 sq. ft .heated airplane hangar. (See property description for more home features).

Tract 2: 8.4± ac Wooded acres with nearly 900 ft. of frontage along Brush College Road. This tract runs approximately 350 ft. in depth. There are various hardwoods in this woods and lots of opportunity for potential building sites. Combine Tract 3 for additional cleared acreage and add tract 4, the air strip, to complete the package! See Airstrip Conditions in this brochure.

Tract 3: 5.8± ac Swing Tract. Productive tillable land. This tract can only be bid on combination with an adjacent tract with access to road frontage, excluding Tract 4, the air strip.

Tract 4: 8.7± ac Swing Tract, 8.7 Acres to include the nearly 1/2 mile asphalt airstrip. This tract is 150 ft. wide and is approximately 2400 ft.+ in length. This tract can be bid on only in combination with adjacent tracts or combination of tracts that have access to road frontage. See Airstrip Conditions in this brochure.

Tract 5: 28.3± ac of mostly tillable, productive soils. The soils are Hoytville Silty Clay loam, and Nappanee Silty Clay loam. This tract has access off of Doty Road and will grant an access easement to the Air Strip across the asphalt drive coming from the 2 adjacent land owners to the east. The owner of this tract will enter into a shared maintenance agreement with the 2 adjacent land owners to the east.

Tract 6: 18± ac of river bottom tillable and wooded river front. The soils on this tract are mostly Genesee Silt loam. This tract is being offered as a non-buildable lot as it is in flood plain. There will be a 25 ft. owned access off of Brush College Road and then runs along the air strip to go back to the river bottom. A good opportunity to purchase hunting and recreation property! There can be no permanent structure, nor trees planted at the south end of the air strip. This tract cannot be purchased in combination with the air strip only.

AREA MAP

TRACT MAP(S)

SOIL INFORMATION

PLAT MAP(S)

PROCEDURE: The property will be offered in 6 tracts as permitted by swing tract rules, and any combination of the six tracts, as permitted by swing tract rules. There will be open bidding on all tracts and the combination during the auction as determined by the Auctioneer. Bids on each tract and the combination 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 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. 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: TRACT 1 - Possession shall be given on the day of closing, immediately following the closing.

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

SURVEY: The Seller shall provide a new survey where there is no existing legal description or where new boundaries are created by tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. The Seller and the successful bidder(s) 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. Closing prices shall be adjusted to reflect any difference between advertised and surveyed acres if a new survey is determined to be necessary, except on Tract 1 and any combination with Tract 1.

AGENCY: Schrader Real Estate & Auction of Fort Wayne, LLC. and its representatives are exclusive agents of the Seller.