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Real Estate & Personal Property Auction

Real Estate & Personal Property Auction

Columbia City, IN, Whitley County

Owner: Jerry Shaffer Equipment & Personal Property at 9:00 AM EASTERN
Real Estate Sat, Jul 10, 2010 EASTERN

AUCTION IS OVER

• 3 Bedroom Home on 1.3 Acre Lot • Household • Antiques • Collectibles • Woodworking Equipment • Shop Tools • Grasshopper & IH Lawn Mowers • Trailers • Studebaker Car


OPEN HOUSE/INSPECTION DATES

Thurs., June 24 from 5-6:30 PM & Thurs., July 1 from 5-6:30 PM

PROPERTY LOCATION

8 miles south of Columbia City, IN on St. Rd. 9 to CR 800 S, travel west on 800 S 2 miles to Washington Road, then south (left), second house on right. Address: 8070 S Washington Road, Columbia City, IN.

AUCTION LOCATION

On site.

PROPERTY DESCRIPTION

Approximately 1.3 acre lot with large mature trees. 1,436 sq. ft., 3 bedroom home, 1 bath, large porch, new windows, central air, very nice country setting. Also includes 20’x36’ Morton shop building and 12’x16’ utility shed. Don’t miss this chance to purchase a very affordable home!

TRACT DESCRIPTIONS

Tract 1:

EQUIPMENT & PERSONAL PROPERTY

Household
Antiques
Collectibles (2) Lazy Boy lift chairs (1 still has tags)
32” Zenith digital system color TV
VCR & other TV equipment
8 drawer chest of drawers
Maytag heavy duty washer & dryer
Whirlpool refrigerator freezer
small chest freezer
microwave
set of 12 Kroger china
drop leaf table w/ 4 chairs
brown sofa
round wagon wheel glass top table
Curio cabinet 8 shelves
(2) drawer chest
queen size bed
end tables
lamps
telephone stand
misc. dishes & Dunkirk glassware
large jars filled w/ pennies
Weatherhead memorabilia
miniature gas pump collection
leaded glass
pitcher hand pump
many hand carved owls & glass owls
wood elephants
pocket knives
butter churn w/ stand
Pepsi clock w/ crack
several old marbles
cement yard ornaments
wall mount wood crank phone
St. Clair lamp w/ leaded glass shade
various St. Clair paper weights
hand crank record player
aquarium
crocks
Wards field pump shot gun & pellet gun
Grandfather clock handmade by Jerry
mantel clocks including (3) Gilberts 1800’s w/ keys, Seth Thomas wall mount w/ Indian on glass, Seth Thomas 1800’s, School House clock, wall mount regulator clock w/ key
(2) Elgin pocket watches
Stratford pocket watch
35mm camera Woodworking Equipment
Shop Tools
Grasshopper & IH Lawn Mowers, Trailers Delta dust collecting system
6’ homemade sanding table
heavy duty edge sander
Craftsman 12” band saw
D-Matic model PF 32 shaper
Rockwell drop table lathe
Tracer attachment for lathe
Dewalt radial arm saw
Rockwell 13” planer
heavy duty floor drill press
Makita belt sander & vertical belt sander
table saw w/ fence
mini mach vacuum wood holder
plywood saw
surface grinder 3 phase w/ convertor
drum sander w/ collector
shaper for raised panel doors
New Magnum 5 hp air compressor
torch cart w/ tanks & regulators
New Chicago 100 mig welder
Lincoln 225 welder
Cornerstone cut-off saw
hyd jacks & 2 ¼ ton floor jack
air compressor w/ new motor
air nailers
Craftsman circular saw
routers & router table
Craftsman elec. impact
New ½” air impact
building plans
heavy duty steel tables
vices
Forester drill bits
New Blue Diamond router bits
New corner clamps
many pipe clamps
air hose reel
material rollers
various hand tools new & used
tool boxes
Chain fall, pressure washer, Cordo-matic reel, vacuum pump
misc. walnut & native wood
sawhorses, hand clamps, spindles
elec. sanders
rolls of sand paper
Work-Mate tables
hand crank cement mixer
ext. & step ladder
many misc. tools used w/ wood working
Grasshopper 616 mower, 16 hp, 48” front deck
Cub Cadet 782D mower, diesel
44” deck hyd lift, front hyd
42” IH snowblower w/ chains
pull type yard sprayer
(2) yard trailers
Airens walk behind tiller
New Kenmore gas grill
electric winch
pull type fert. spreader
7’x10’ single axle trailer w/ spare
Nomaco 2 place single axle snowmobile trailer
fly fishing equipment to make flies, many flies made by Jerry
fishing tackle
fish scaler
(3) Minn-Kota trolling motors
misc. fishing equipment Studebaker Car 1964 Studebaker cruiser, 4 door, 289 V-8, auto, PS, new brakes, runs good, 50,170 miles, original build sheet w/ books Car added by brother Joe Shaffer Pace Arrow Motor Home 1999, 33,’ model 33G, sleeps 6, full bath, Ford V-10 chasis, extra cab door, (2) air cond., levlers, bedroom TV, elec. or gas heat, always stored inside, only 41,005 miles. Added by Ralph Johnson.


AREA MAP

Satellite area map of the auction location near Columbia City, IN, Whitley County

AREA MAP(S)

Area map - Real Estate & Personal Property Auction

PROCEDURE: The property will be offered in 1 tract.

DOWN PAYMENT: A down payment of $1,000 may be made in the form of 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 PRICE: The successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction. The final bid price is subject to the Seller’s acceptance or rejection.

EVIDENCE OF TITLE: Seller shall provide an owner’s title insurance policy in the amount of the purchase price.

DEED: Seller shall provide Warranty Deed.

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 and Seller.

POSSESSION: Possession shall be at closing.

REAL ESTATE TAXES: Real estate taxes shall be pro-rated to the date of closing. Buyer shall pay any ditch assessments due in the year 2010.

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 Bidder’s 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 acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal description and/or aerial photos.

SURVEY: Cost of any new survey will be split 50/50 between Buyer and Seller.

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 â€

None at this time