AUCTION IS OVER

• PERSONAL PROPERTY @ 10AM - REAL ESTATE @ NOON • 4+/- Acres • Farm House • Mobile Home • Horse Facility • Unique Property Northeast of Fort Wayne • ONLINE BIDDING AVAILABLE You may bid online during the auction at www.schraderauction.com. You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Schrader Auction Company at 800-451-2709.

OPEN HOUSE/INSPECTION DATES

Thursday, August 13th from 5pm-7pm
Sunday, August 16th from 2pm-6pm

PROPERTY LOCATION

6925 Black Road, New Haven, Indiana

AUCTION LOCATION

Held On Site

PROPERTY DESCRIPTION

This a great income producing property with 3 rental units consisting of the following:

Mobile Home - a nice well maintained 1988 12x72 mobile home with additional kickout 2 bedrooms, 2 full baths, kitchen with newer gas range, newer water heater, stack washer and dryer, nice front porch access with new windows and coated roof. Rents for $850.00 a month.

Farmhouse - 2 story farmhouse has been converted into a duplex with approx. 1000 +/- sq. ft. Upstairs with its own private entrance 1 bedroom, 1 bath, like new washer and dryer. Downstairs apartment has approx. 1400 sq. ft. with 2 bedrooms, 1 bath, living room, kitchen, (all appliances stay) newer stack washer and dryer. The duplex has a 3-car garage, (1 space for the upstairs and 2 spaces for downstairs apartment). The duplex rents for $1,400 a month ($600 up/ $800 down). All utilities were payed by the landlord, and all 3 of the LP tanks are leased from United Oil Company.

Horse facility with beautiful living quarters - The barn addition was built in 1993 with riding arena added in 1996. The riding arena is 65 ft. x 150 ft. with 14 ft. sidewalls with OSB over metal, insulated roof. There is a 20 ft. x 40 ft. area for hay storage and an additional garage area. There are 13 horse stalls; 8 like new that are 9 ft. x 12 ft. and 5 older stalls that are 8 ft. x 10 ft.. There are (2) 12 ft. x 12 ft. overhead and (2) 12 ft. x 12 ft. sliding doors and one 8 ft. sliding door. Also has a heated wash area.

The living quarters has 2 full and 2 half baths, 3 bedrooms. A den office, kitchen with bar, dining room with beautiful fireplace (wood burning or gas log) spacious family room area. Consider this: a great space to live in and the rentals make your payment! Other income opportunities for boarding, training, lessons, etc.

Please note: an additional 6+/- acres of pasture can be leased at only $100.00/acre for the entire season from April 1st until October 1st, 2021. Also note *an additional 16+/- acre will be available within the next 5 years. The buyer of the property at auction will have first right of refusal on the additional 16+/- acres.

This property has been zoned commercial retail and was formerly a tac & western store (GOLD STAR SADDLERY). A small portion is currently a beauty salon. The beauty salon will be moving to a new location soon after the auction.

*After the aerial photo of the property was taken, three additional pasture shelters were added.

EQUIPMENT & PERSONAL PROPERTY

EQUIPMENT & TOOLS:

Lincoln Arc Welder

Meat Slicer

Toolbox on castors

10-12 misc. Boys and Girls bicycles

Rabbit and Dog Cages

Assorted Buckets

Misc. Hand Tools

Seeder (mounts on 4-wheeler)

25-gal sprayer w/10 ft. boom

Power Tools

Stainless Steel Slide for pond

Saddles and Tac: 3 Western Saddles, 1 Pony Saddle, 1 English Saddle, 1 Kids Saddle, and Assorted Tac and Equipment

2008 Kubota Diesel RTV 900 utility vehicle w/mounted blade/cab (nice!)

1 Gt52 x 45 Husqvarna riding mower w/bagger

Huskee 22 ton vertical/horizontal log splitter

Gas welding, cutting and heating torch kit

6 ft. grader box

2 bottom 14 in. three-point hitch plow

Tarter cattle head gate (like new)

12 ft. wheel disk

12 ft. spike tooth harrow

Honda trail bike

SS round bale feeder

Assorted gates

Bumper hitch 16 ft. tandem axle livestock trailer (like new)

6 x 4 John Deere gator

Snowplow

GUNS:

Dikar Spanish 45 Cal black powder pistol

Remington 22 LR Lesmok semi- automatic rifle

Remington model 22 Cal 55 semi-automatic rifle

Marcin 22 Cal model 100 bolt action rifle

Winchester model 94 legendary frontiersman (silver plated) with original box

Winchester model 94 Antler game model (gold plated) 30/30 20 inch barrel in original box Also included are Furnishing and Household items, such as antiques, table lamps, and a collection of over 50 collectable kerosene decorative lamps.

GUN PURCHASE PROCEDURES:
1. Guns will be sold at public auction to highest bidder(s) based solely on your inspection and assessment, offered as is, where is with no guarantees written, or implied.
2. You will pay for your purchase to the cashiers in the Schrader auction trailer following the auction.
3. The guns will be taken to the Pro X Outfitters located at 640 Lincoln Highway West in New Haven, IN 46774. Pro X Outfitters is owned by Terry VanDaele. A licensed federal firearms dealer. you must present your receipt and your identification; a background check will be completed and if you are found not to be a felon a transfer of ownership will be completed. To do this a fee of $30.00 per gun will be charged to you at that time. Pro X Outfitters: (260) 749-8909

AREA MAP

TRACT MAP(S)

DOWN PAYMENT: 10% of the total Bid Price is due after the auction of the property on auction day. With the balance in cash at closing. The down payment may be in the form of cash, cashiers 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.

APPROVAL OF BID PRICE: The successful bidder will be required to enter into a purchase agreement at the auction site immediately following the close of auction. The final bid price is subject to the sellers acceptance or rejection.

DEED: Seller will provide warranty deed.

EVIDENCE OF TITLE: Seller will provide title insurance in the amount of purchase price.

REAL ESTATE TAXES: To be pro-rated to closing date.

CLOSING: To occur approx. 30 days after the auction date, or approximately 15 days after proof of insurable title.

POSSESSION: To be approximately 30 days after closing.

EASEMENT: The sale of the property is subject to any and all easements of record.

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 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.

GUN PURCHASE PROCEDURES:

1. Guns will be sold at public auction to highest bidder(s) based solely on your inspection and assessment, offered as is, where is with no guarantees written, or implied.

2. You will pay for your purchase to the cashiers in the Schrader auction trailer following the auction.

3. The guns will be taken to the Pro X Outfitters located at 640 Lincoln Highway West in New Haven, IN 46774. Pro X Outfitters is owned by Terry VanDaele. A licensed federal firearms dealer. you must present your receipt and your identification; a background check will be completed and if you are found not to be a felon a transfer of ownership will be completed. To do this a fee of $30.00 per gun will be charged to you at that time.

Pro X Outfitters: (260) 749-8909

PRE-REGISTRATION FORM

Auction Brochure

ONLINE BIDDER REGISTRATION FORM

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