Home & 8 Outbuildings on 5 +/- Acres | Live and Online Auctions on HiBid.com

Lot #	1
Group - Category	Real Estate - Farm Houses / Country Homes / Acreages
Lead	Home & 8 Outbuildings on 5 +/- Acres
Description	Home and 8 outbuildings on 5.163 +/- acres. Kitchen 16x15, 9’ New plank flooring, stone countertops, fresh paint. Samsung Stainless steel fridge, GE Profile propane gas stove with exhaust hood. Whirlpool Stainless Steel dishwasher and Criterion Microwave 48”x31” island. Dinette 9.5x15 New plank flooring, fresh paint. Mud/Laundry room 12.5x6 Tiled radiant heat flooring, fresh paint, vaulted ceiling. Kenmore Elite stacked washer and dryer. Full Bath #1: 6x8, Radiant floor heating, walk-in shower Family room: 12x16 Original wood floors, lighted ceiling fan. Door to front deck. Livingroom: 13x13.5 New carpet, ceiling fan, patio door to front deck. Bedroom #1: 12x13 New carpet, closet and pull down steps to floored attic storage. Full Bath #2: 5.5x9 Tiled floor, shower tub combo. Bedroom #3/den: 9x10 New carpet, built-in bookcases. Lofted Bedroom (2nd Floor):12x16, 8x9 Open stairwell with oak banister. New carpet, lighted ceiling fan, attic access. Half Bath (2nd Floor): New carpet. Basement (unfinished): 13x26, 22x15. 78” ceiling High efficiency propane gas furnace with central air, electric water heater, water softener, 200 amp electric service. Detached garage (Upper): 27x32, ceiling 8’ fully insulated, fully lighted, ceiling space heater, wall mount air conditioner. Wood floor, steps to lower walk/drive out. Overhead door 7x18 with electric opener. Detached garage (Lower): 27x32, doors 10x8. 16”x7” I-Beam Concrete floor. Outbuildings Pole Barn 40’x50’ with 16’ Beam, 13’x20’ Overhead door, rat wall and concrete floor. Pole Barn 56’x130’x14’ Confinement Facility 26’x122’ Confinement Facility 48’x120’ Quonset 28’x48’ Steel Grain Bin 27’x22’ Steel Grain Bin 30’x22’ Other notes: Recently serviced or upgraded: Well and new pressure tanks. Electrical, water softener, well, paint, carpet, sewer lines, septic pump, chimney, furnace, garage doors, LP tank, regulators, Sonitrol, propane fill, rekeyed all locks. Appliances sell with the home. Terms: Sells by confirmation of the owner, $10,000 down, close in 30 days. Directions: Just 1 hour north of Ft. Wayne take I69 north to exit 354, head east on E 400 N for 8.9 miles and look for the home and signs on the left side of the road.

Auction Information

Name	7950 E 400 N Fremont, IN Real Estate Auction
Auctioneer	Scheerer McCulloch Auctioneers
Type	Online-Only Auction
Date(s)	7/19/2022 - 8/21/2022
Auction Date/Time Info	7/19/2022 - 8/21/2022, ends with first lot, soft staggered close @ 8:00 p.m. EST
Preview Date/Time	Showings through MLS Showing Time app or by appointment only. David Meyers text or call 260-580-3400, dmeyers@smauctioneers.com
Checkout Date/Time	Closing within 30 days.
Location	7950 E 400 N Fremont, IN 46737
Buyer Premium	Buyers Premium: 2.5%
Description	Home and 8 Outbuildings on 5.163 +/- Acres Auctioneer: Scheerer McCulloch Auctioneers, Inc. Online auction may be cancelled should seller receive an acceptable offer prior to online auction ending. All online bidding permissions will be considered pending until verbally approved by auctioneer. Directions: Just 1 hour north of Ft. Wayne take I69 north to exit 354, head east on E 400 N for 8.9 miles and look for the home and signs on the left side of the road. Type: Online-Only Auction Checkout Date/Time: Auctioneer will forward fully executed purchase agreement and deposit $10,000 earnest money. Closing within 30 days. Dates: 7/19/2022 - 8/21/2022, ends with first lot, soft staggered close @ 8:00 p.m. EST Showings: Showings through MLS Showing Time app or by appointment only. David Meyers text or call 260-580-3400, dmeyers@smauctioneers.com **"Bidder Packet can be downloaded with attached links provided. Location: 7950 E 400 N Freemont, IN 46737. Real Estate Terms: Buyer Brokers welcome (contact auctioneer for details). $10,000 down day of auction, balance on closing. Buyer(s) to pay winning accepted bid price plus a 2.5% buyer's premium (2.5% of winning bid) due at closing. Property sold subject to confirmation of the owner. Property sold as-is, where-is. Property sold for cash. (The sale of this property may be financed; however, the sale of this property IS NOT CONTINGENT to financing approval). The information stated in this brochure are the opinions of the sellers, Scheerer McCulloch Auctioneers, Inc., and its agents, however, the decision to bid on the real estate property is entirely up to the individual bidders based on their own individual inspections, research and opinions. All statements, measurements, zoning and tax information are from reliable sources, however, are not guaranteed to be accurate. Statements made day of auction takes precedence over any and all previous oral or written matter. Real estate closing within 30 days of auction. Real estate taxes: Real estate tax information stated indicates what the current owner is required to pay and is merely a guideline (the new buyer's real estate taxes may or may not be the same as what the current owners is required to pay). Real estate taxes prorated to date of closing. Buyers Premium: 2.5% of winning bid due at closing. Earnest Money Deposit: $10,000

Terms and Conditions

Real Estate Terms: Online auction may be cancelled should seller receive an acceptable offer prior to online auction ending. All online bidding permissions will be considered pending until verbally approved by auctioneer. Buyer Brokers welcome (contact auctioneer for details). $10,000 down day of auction, balance on closing. Buyer(s) to pay winning accepted bid price plus a 2.5% buyer's premium (2.5% of winning bid) due at closing. Property sold subject to confirmation of the owner. Property sold as-is, where-is. Property sold for cash. (The sale of this property may be financed; however, the sale of this property IS NOT CONTINGENT to financing approval). The information stated in this brochure are the opinions of the sellers, Scheerer McCulloch Auctioneers, Inc., and its agents, however, the decision to bid on the real estate property is entirely up to the individual bidders based on their own individual inspections, research and opinions. All statements, measurements, zoning and tax information are from reliable sources, however, are not guaranteed to be accurate. Statements made day of auction takes precedence over any and all previous oral or written matter. Real estate closing within 30 days of auction. *Real estate taxes: Real estate tax information stated indicates what the current owner is required to pay and is merely a guideline (the new buyer's real estate taxes may or may not be the same as what the current owners is required to pay). Real estate taxes prorated to date of closing.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 200,000.00	10,000.00 USD
200,000.01 - 300,000.00	5,000.00 USD
300,000.01 - 9,999,999.99	2,500.00 USD

Payment Information

Currency	USD
Buyer Premium	Buyers Premium: 2.5%
Payment Terms	Real Estate Terms: Buyer Brokers welcome (contact auctioneer for details). $10,000 down day of auction, balance on closing. Buyer(s) to pay winning accepted bid price plus a 2.5% buyer's premium (2.5% of winning bid) due at closing. Property sold subject to confirmation of the owner. Property sold as-is, where-is. Property sold for cash. (The sale of this property may be financed; however, the sale of this property IS NOT CONTINGENT to financing approval). The information stated in this brochure are the opinions of the sellers, Scheerer McCulloch Auctioneers, Inc., and its agents, however, the decision to bid on the real estate property is entirely up to the individual bidders based on their own individual inspections, research and opinions. All statements, measurements, zoning and tax information are from reliable sources, however, are not guaranteed to be accurate. Statements made day of auction takes precedence over any and all previous oral or written matter. Real estate closing within 30 days of auction. *Real estate taxes: Real estate tax information stated indicates what the current owner is required to pay and is merely a guideline (the new buyer's real estate taxes may or may not be the same as what the current owners is required to pay). Real estate taxes prorated to date of closing.

Shipping / Pick Up

Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.

Lot # : 1 - Home & 8 Outbuildings on 5 +/- Acres