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112 Acres Offered in 9 Tracts - High Quality Timber
Land & Timber Auction
**Estate Sale - Oct. 24, 9a.m-5p.m.
& Oct. 25, 9a.m.-1p.m.**
**Watch for detailed Estate list online**

Thursday, October 23, 6:30 pm
Fremont, IN · Steuben County

Owner: Robert & Marilyn Stephenson

The home on Tract 8 is available @ $99,000 prior to the auction. Please call auction mgr. for a private showing.
Contact Sales Manager:
Rick Williams
(877) 728-4735
(260) 417-2467 (cell)
(877) 728-4735 (Toll Free)


Request a Brochure:
Mail me this Brochure




Tract Map - Click to enlarge

  • Excellent Deer & Wild Turkey Hunting
  • Veneer Quality Logs
  • High Quality Sugar Maple Trees
  • Primarily Rawson Loam Soil
  • Fremont Schools
  • Potential Homesites near Clear Lake

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    ADDITIONAL AUCTION FORMS
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    PROPERTY LOCATION:
    From Intersection of S.R. 120/S.R. 827 at the Stop Light in downtown Fremont, IN, Go East on S.R. 120 approx. 5-1/2 miles to the property. Property address is: 8615 E. S.R. 120 Fremont, IN 46737.


    AUCTION LOCATION:
    St. Paul Catholic Chapel, 8780 E. 700 N., Fremont, IN 46737. Directions to Auction Location: From the property at the intersection of S.R. 120 & C.R. 850 E., go North on 850 E. 1/2 mile to Clear Lake Rd. Turn right and follow Clear Lake Rd. around the lake approx. 1-1/2 miles to 700 N. The Chapel is located on the Northwest corner of the intersection

    PROPERTY DESCRIPTION:

    Auctioneers Note: It is with great pleasure that Schrader Real Estate and Auction have to offer the old Wilford & Pearl McMurray Farm in Steuben Co., IN. According to Marilyn this farm had the first well in Steuben County. This property is being offered at auction for the first time in 156 years. Come and bid your price for this Historic Farm and enjoy this property just as the McMurray families have for generations.
    Tract 1: 33+/- Acres of productive, mostly tillable land. This tract has primarily Blount Silt Loam and Rawson Silt Loam soils. This tract also features road frontage on S.R. 120. Call auction manager for FSA details.
    Tract 2: 27+/- Acres of mixed hardwoods. This tract features primarily high quality Sugar Maple trees. The marked trees are excluded from this tract and are offered as Timber Tract 2A. This tract is also a hunters paradise with deer and wild turkey or build your dream home in this wonderful country setting. Note: Purchase Tract 2 and Timber Tract 2A and control the timber harvest.
    Timber 2A: The marked timber (primarily high quality Sugar Maple with a few Black Walnut trees) on Tract 2. Call auction manager for the timber report and a copy of the timber contract or view online at our website.
    Tract 3: 5+/- Acre potential building site with a good stand of pine trees as a backyard and a wooded tree line to the North.
    Tract 4: 5+/- Acre potential building site in a beautiful country setting near Clear Lake.
    Tract 5: 10+/- Acres of all tillable cropland. This tract features road frontage on both S.R. 120 and C.R. 850 E. Investigate the potential of this tract as a commercial site with excellent visibility.
    Tract 6: 15+/- Acres of productive, nearly all tillable farmland. This tract features road frontage on both S.R. 120 and C.R. 850 E. This tract has primarily Rawson Silt Loam and Morley Silt Loam soils.
    Tract 7: 13+/- Acres productive, all tillable farmland. This tract has primarily Rawson Silt Loam, Morley Silt Loam and Pewamo Silty Clay Loam soils.
    Tract 8: Historic Country Home on approx. 2 acres. This home features 3 bedrooms, 2 baths, 2 kitchens (1 up, 1 down) and enclosed patio room. This home is finished with Knotty Pine throughout the home. This tract also features a 4-car detached garage.
    Tract 9: 2.6+/- Acres with a 40' x 60' Pole barn (2 doors) along with a bank barn and corn crib. This tract is a "Swing Tract" and can only be purchased in combination with Tracts 6, 7 or 8.

    PERSONAL PROPERTY

    FAMILY ROOM
  • (2) Lazy Boy burgundy chairs
  • (2) dark brown wicker stands
  • Wicker chair, light brown
  • (2) wooden cabinets
  • pear & apple stand
  • (3) plant stands
  • (2) wall clocks
  • (3) lamps
  • (2) wall mirrors, 1 with lights
  • 25 television
  • VCR
  • TV Stand
  • Music wall hanging
  • (2) plant baskets
  • Decorative tree w/pot
  • (2) metal chicken chairs
  • Desk w/shelves
  • Antique desk, kidney shaped
  • Corner cabinet
  • Watering can Lamp
  • (4) angel figurines
  • Apple basket
  • (2) deer figurines
  • Shelf clock
  • Rabbit wall hanging
  • Chicken rooster figurine
  • Cow figurine
  • Frog figurine
  • (2) bird house figurine
  • Rabbit figurine
  • Cat figurine
  • Window arrangement
  • Onion wall hanging
  • (2) floor rugs
  • Runner rug
  • Tons of mens & womens shoes
  • Tons of mens & womens clothing
    KITCHEN
  • Bird wall clock
  • Bird arrangement w/houses
  • (3) tea pots
  • Small cabinet
  • (9) pasta jars
  • Microwave, red
  • Bread box
  • Ceramic canister
  • (2) lamps
  • Egg candles
  • Cat teapot
  • Duck teapot
  • Candle lamp
  • Apple wall clock
  • Large farm scene wall picture
  • Vegetable wall hangings
  • (3) apple boxes
  • Corner shelf
  • Stainless steel trash can
  • (2) watermelon baskets
  • Plant basket
  • (3) cow soap figurines
  • Pig napkin holders
  • Ceramic teapot cookie jar
  • (3) floor rugs
  • Kitchen table & chairs
    BATHROOM
  • White wicker chair
  • White wicker shelf
  • White wicker trash basket
  • White wicker mirror
  • Linen dresser
  • Toilet paper holder
  • (3) wall hangings
    SITTING ROOM
  • Table & 2 chairs
  • (2) floor lamps
  • (4) wall wreaths
  • (4) picture frames
  • Flower basket
  • Large farmboy picture
  • Picture stand
  • Wicker rocker chair
  • (7) drawer dresser
  • Baby doll crib
  • End stand
  • Combo TV/VCR
  • Crystal set
  • Crystal lamp
  • Shelf full of knick knacks
    PATIO AREA
  • WHITE WICKER: (2) chairs, (3) end stands, shelf ,(2) dressers, chase lounge chair, flower holder, coffee table, lamp
  • (2) candle lamps
  • (2) lamps
  • Vase of flowers
  • (4) flower baskets
  • (3) flower candles
  • Flower wreath
  • (5) wall hangings
  • (5) child figurines
  • Flower vase
  • Column base for plants
  • Floor column for candle
  • Bird decorations
  • (2) Floor rugs
    3rd BEDROOM
  • (4) wicker stands
  • Wicker dresser/armoire
  • Wicker chair
  • Farm scene wall picture
  • (2) lamps
  • Wreath
  • Birdhouse arrangement
  • (3) plant arrangements
  • Large decorative tree
    DOLL ROOM
  • (2) marriage wall hangings
  • (2) girl picture frames
  • House picture frame
  • (8) picture frames
  • Small chair
  • (2) end tables
  • Stand-up mirror
  • Window knick knacks
  • (10) dolls
  • (3) doll stands
  • (2) treasure chests
  • Wicker chest
  • 4 drawer dresser w/mirror
  • Cedar armoire
  • Numerous decorative items
    LIVING ROOM
  • (3) lamps
  • (2) floor lamps
  • (6) end stands
  • Cat bed w/cats
  • Cat statue
  • (9) plant stands or baskets
  • (11) wall pictures
  • (3) flying geese
  • Wicker chair
  • Wicker shelf
  • Loveseat
  • Lazy Boy chair
  • Green chair
  • Wheel end table
  • (2) wall clocks
  • Coffee table
  • (3) wall wreaths
  • Antique drawer for ??????????
  • Flower floor Lamp
  • Wall mirror
  • Numerous knick knacks
    2nd FLOOR BEDROOM
  • (5) picture frames
  • (2) mirrors
  • Wall mirror
  • Wall clock
  • (4) lamps
  • (4) floral baskets
  • (5) end stands or floral stands
  • (2) doll chairs
  • (8) large & small ceramic crocks
  • (2) rocking chairs
  • Queen size bed set w/comforter & pillows
  • Old wooden chest
  • Chair w/foot stool
  • Antique baby carriage
  • Antique baby high chair
  • (2) hand corn planters
    1st BEDROOM
  • Queen size bed set
  • Small wooden dresser
  • (2) bird house night stands
  • Ceramic rooster
  • Ceramic chicken
  • Bed linens
  • Table clothes
  • (6) picture frames
  • (2) brown wicker night stands
  • Lamp
  • (2) vases
  • Ceramic plate/pitcher flower arrangement
  • (2) candle holders
  • (2) wall clocks
  • Ceramic wall hangings
  • (2) wall mirrors
  • 15 RCA TV
  • Wicker towel holders
  • Wicker turtle basket
  • Wooden end stand
  • Tons of drapery
  • Rugs
  • Pillows
  • Place mats
  • (2) Antique dressers & (1) chair, sell as 1 unit
    2nd FLOOR KITCHEN AREA
  • (5) picture frames
  • (2) wall mirrors
  • (2) wall clocks
  • Pink wicker table & chairs & shelf, sell as 1 unit
  • Metal shelves
  • Metal basket
  • Bird house canisters
  • Pink rose light & stand
    GARAGE ITEMS
  • (7) metal shelves for home decorations
  • Numerous rugs
  • Montgomery Ward arc welder, 295 amps
  • White wicker loveseat
  • White wicker childs chair
  • White wicker basket
  • Yard tools
  • Yard tool organizer
  • Numerous gas cans
  • Yard seeder
  • 16 gal. shop vac.
  • 2.5 hp air compressor
  • Large garage refrigerator
  • Dorm room size refrigerator
  • Milk crates
  • (2) varmint traps
  • Old wooden cabinet
  • Wards Sea King fishing motor
  • Hoover steam vac.
  • (3) oscillating fans
  • Lawn chairs
  • Outside storage bin
  • Patio table & chairs
  • Patio swing
  • AUCTION TERMS & CONDITIONS:

    PROCEDURE: This property will be offered in 9 individual tracts, any combination of tracts and as a total 112 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.
    Tract Divisions: Any tract or combination of tracts less than 20 acres are subject to Steuben County Plan Commission approval. The cost for this platting, if necessary, will be split 50/50 between Buyer and Seller. All tracts or combination of tracts more than 20 acres are exempt.
    DOWN PAYMENT: For Real Estate Tracts 10% down payment on the day of auction with the balance due at closing. For Timber Tracts 25% down on day of auction with the balance due within 10 days. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
    REAL ESTATE CLOSING: The balance of the purchase price is due at closing, which shall take place within 15 days from delivery of marketable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
    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 owner's title insurance policy in the amount of the purchase price for real estate sales.
    DEED: Seller shall provide Warranty Deed(s).
    STANDING TIMBER: A professional forester has marked the trees for harvest by considering good management for long term timber production. If timber tracts are purchased separately, harvest of the marked trees is to be done by March 1, 2009.
    POSSESSION: Possession of land will be at closing, subject to timber buyer's rights to remove logs of marked trees.
    REAL ESTATE TAXES: Real estate taxes will be the responsibility of the Buyer beginning with taxes in 2009 and thereafter.
    SURVEY: The Seller shall provide a new survey if real estate sells in separate tracts. Seller and successful bidder(s) shall each pay half (50:50) of the cost of the survey.
    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 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.

    © 2008 Schrader Real Estate & Auction Co. of Fort Wayne, Inc.