AUCTION IS OVER

• Tillable Acreage • Wooded Acreage • Building Sites • Public Sewer

OPEN HOUSE/INSPECTION DATES

Call for private inspection.

PROPERTY LOCATION

8000 Block of S. Anthony Blvd. & Maples Rd. Intersection

AUCTION LOCATION

At VFW Fort Miami Post, 6814 Anthony Blvd., Ft. Wayne, IN.

PROPERTY DESCRIPTION

A real investment opportunity!
31 acres in 4 tracts!

TRACT DESCRIPTIONS

Tract 1: 6± ac Mostly tillable acreage with Blount & Pewamo silt soils. There is approximately 280 ft. of road frontage along S. Anthony Blvd. The land is level and lies just outside the Fort Wayne Corporation line.

Tract 2: 6± ac Mostly Tillable acreage with Pewamo and Morley silt soils. There is over 200 ft. of road frontage along S. Anthony Blvd. This is mostly level land with a touch of grasses and woods on the back side.

Tract 3: 10± ac A combination of tillable and wooded acreage. There is over 350 ft. of road frontage along S. Anthony Blvd. There is approximately 2 acres tillable in the front and another 2 acres in the back. The soils again are mostly Morley and Pewamo silt. This would lend itself to a great potential building site in front of the woods. Great recreational and hunting tract with opportunity for wildlife food plots in the back.

Tract 4: 9± ac This tract is all wooded acreage. There is over 400 ft. of road frontage along S. Anthony Blvd., and nearly 800 ft. of road frontage along Maples Road. There is a small open ditch that runs through this tract and there has been a recent replacement of the drain from this tract under S. Anthony Blvd.

AREA MAP

TRACT MAP(S)

Tract map - Southern Allen County Property

Auction Terms & Conditions:

PROCEDURE: The property will be offered in 4 tracts, and combination of the tracts. There will be open bidding on all tracts and combinations 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 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 auction's 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.

DEED: Seller shall provide a Warranty Deed(s).

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 on day of closing, immediately following the closing.

REAL ESTATE TAXES: The Seller shall pay all 2010 Real Estate Taxes due in 2011 and the Buyer shall pay all thereafter. The Buyer shall pay all ditch assessments due in 2010.

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 there is no existing legal description or where the tract divisions in this auction create new boundaries. Solely the Seller shall determine any need for a new survey. 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 purchases will receive a perimeter survey only.

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.