REAL ESTATE AUCTION

 34 acres, Large 2 story home on full basement w/wraparound porch, 6 bedrooms, 3 full baths, 2 - ¾ baths, 4 car attached garage, indoor pool with 3/4 bath, 40’ x 80’ climate controlled detached garage w/8’ porch, 40’ x 122’ detached garage with 40’ x 54’ addition, irrigated lawn, & concrete driveway. Property will be offered in 5 tracts or any combination of tracts utilizing the Multi-Par bidding system.

Located at: 1095N 925W, Shipshewana, IN 46565

Wednesday, August 21, 2024 starting at 6:00pm

Auction to be conducted on site.

Real Estate Located at: 1095N 925W Shipshewana, IN 46565

Tract # 1:  Approx. 10.6 acres, 5046 sq. ft. 2 story home on full basement, 6 bedrooms, 3 full baths, 2 – 3/4 baths, wraparound porch, 4 car attached garage with concrete ramp to basement, basement & 1^st floor of the house is wheelchair accessible, indoor pool with ¾ bath, courtyard area, irrigated lawn, concrete driveway, 40’ x 80’ climate controlled garage w/8’ porch, 40’ x 122’ garage with 40’ x 54’ addition, Approx. 543’ frontage on 925W, Newbury Township, Westview Public School district.

Tract # 2: 6.65 acres farmland. Has approx. 776’ frontage along US 20 and approx. 435’ of frontage on 925W

Tract # 3: 6 acres farmland & wooded area with approx. 334’ of frontage on 925W

Tract # 4: 5.39 acres of farmland with approx. 244’ of frontage on 925W

Tract # 5: 5.39 acres of farmland with approx. 244’ of frontage on 925W

Real Estate Terms & Conditions: Buyer to pay 5% down as earnest money deposit at the conclusion of the real estate auction for the tracts they are purchasing. The balance of the purchase price to be paid at time of closing. Keep in mind that your bidding is NOT contingent upon financing or inspections, so be certain that you have arranged for financing or inspections, if you need them, and are capable of paying the balance at closing. This property is being sold subject to owner’s approval

Closing: Approx. 45 days after auction, or after Plat Committee approvals. Possession: Day of closing, Taxes: To be prorated to date of closing. Soil Tests: Soil tests for septic will be taken prior to auction.

Open House Dates:  August 5^th & 6th from 4:00-6:00 pm, or you may call Elvie J. Frey, Sr. at 260-463-1396 or Denise Scott at 260-463-2012 to schedule a private showing. The farm land is currently rented for 2024. You are welcome to walk the perimeter of the fields to inspect the property, but do not walk through the hay fields until after the crops are harvested.

 Auctioneer’s note: Lewis & Lambright, Inc., the auction company, & the auctioneers are agents of the sellers. Statements made by lead auctioneer during auction take precedent over printed matter. Check the ad on Auctionzip for more pictures of the property. Elvie J Frey is a licensed Indiana Real Estate Broker selling a property that he owns with his wife Clara.

Elvie J. & Clara A. Frey – Owner

Auction conducted by: Lewis & Lambright, Inc - #AC30200031

Phone: 260-463-2013    website: www.lewisandlambright.com

Auctioneers:

Elvie J. Frey, Sr. #AU01042445, cell 260-463-1396; Al Delagrange #AU01048378;

Willis Yoder #AU19500086; Lamar Bontrager #AU11100084; Steve Chupp #AU10600046