• OVER 4,000 SQ FT CONTEMPORARY DESIGN HOME • 40' X 60' BARN • WILDLIFE AND RECREATION LAND • ST JOSEPH RIVER FRONTAGE

You may bid online during the auction at www.schraderauction.com. You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Schrader Auction Co. - 800-451-2709.

OPEN HOUSE/INSPECTION DATES

Sunday October 27, 2024 from 2-4pm
Saturday November 2, 2024 from 10am-12pm

PROPERTY LOCATION

5581 CR 72, Spencerville, IN 46788
Located on the boundary of Allen County and DeKalb County, Take Cuba Rd North of Grabill to Davis Rd, and follow to property. Davis Rd becomes CR 72.

AUCTION LOCATION

Spencerville Community Center
5629 CR 68, Spencerville, IN 46788

PROPERTY DESCRIPTION

18+/- SCENIC ACRES
PROPERTY WILL BE OFFERED IN 3 TRACTS OR COMBINATIONS

TRACT DESCRIPTIONS

Tract 1: 6.5± ac Step into this stunning, Frank Lloyd Wright-inspired two-story home, where modern design meets functional luxury. Enter through a beautiful foyer to the center of the home. The chef's dream kitchen is a true highlight, featuring huge separate but side by side stainless steel refrigerator and freezer, stainless stove / oven, with hanging pot rack, custom solid maple cabinetry with embedded natural grass resin panels and quartz and crushed glass kitchen countertops. The kitchen also features a very large walk-in pantry and spacious food prep area. There is bar seating, under-cabinet lighting, and can lights throughout. Just off the kitchen, you'll find a cozy dining or sitting area that opens to the patio, perfect for outdoor entertaining. The kitchen and nook area has wall-mounted TV, luxury vinyl flooring and custom wall tile. The home's thoughtful layout offers privacy and convenience with glass doors leading from the kitchen to the hallway and family room. The expansive first-floor master suite boasts custom built-in cabinets, ceiling fan, a large walk-in closet, a wall-mounted TV, and a sliding door that leads directly to the patio. The master bath is equally luxurious with two separate vanities, a pocket-door entrance, a walk-in shower, and a private toilet area. A second main floor bathroom is available for guests, complete with shower, vanity, and toilet. This home also features a formal dining room with built-in glass-front china cabinets. There is a large southern exposure window in the dining room. The spacious family room is centered around a beautiful wood-burning high efficiency fireplace with duct work to circulate the heat throughout the house. The fireplace front is curly wormy maple tongue and groove paneling above the black marble mantle. There are custom cabinets for electronics providing use as a home theater. There are a total of 14 stereo speakers built into 5 rooms. The main floor also has the large laundry room with built-in cabinetry and a utility sink. There is a clothing port from master bath to laundry room. There is a front den off of the main entrance for use as a study or office or could be made in to additional bedroom, and there is another full bath. On the second floor, a large rec room awaits, with commercial grade carpeting for comfort and equipped with a sliding patio door that opens to a small balcony overlooking the entire back of the property. Enjoy the bonus of an unfinished storage room with two knee-wall closets. For ultimate convenience, a wheel chair accessible elevator connects the rec room to the three-car attached garage. There is plenty of space to add bedrooms on the 2nd floor. Plumbing has been run to 2nd floor, making it easy to add a 4th bath. The home is equipped with a monitored security system, video doorbells on each door, and security cameras, ensuring peace of mind. The property also includes a 40'x 60' metal barn with balcony for 2nd floor storage. The flooring is 6" reinforced slab with foundation. The barn has a large overhead garage door, electric opener, and solid wood stairs leading to the mezzanine. The barn is complete with storage areas, finished workshop rooms with heated half bath and hot water heater. Mini splits provide heat and cooling, making these shop areas an ideal space for projects and hobbies or small business. There is a hot and cold faucet and drain for washing vehicles, tractors, and implements. There is internet connection in the barn with commercial grade internet switch. A 48' self-supporting tower behind the house is equipped with TV, internet, and HF/VHF/UHF amateur radio antennas. A 56' self-supporting tower behind the barn is equipped with HF/VHF/UHF amateur radio antennas. The landscape of the home boasts 1 1/2 acres in native prairie mix of wildflowers and grasses. There are 6 water hydrants throughout the property. There are several large hedges consisting of junipers, Norway spruce, and mixed pines. The septic has been approved for 4 bedrooms. There is an owned 1,000 gallon propane tank behind the barn to run backup the generator, kitchen stove, and back porch grill.

Tract 2: 7± ac This tract has approximately 3 acres of tillable with the balance being wooded. This tract will have a 40? owned access from the road. This tract provides a gorgeous potential building site on the higher elevation point in the center. The back drop would be the wooded acres along the St. Joseph River. There is nearly 400 feet of river frontage on this tract with a permit for a canoe launch to be constructed. Ask Auction Manager for specifics of the permit.

Tract 3: 4± ac This tract has approximately 250 feet of river frontage along St. Joseph River. This tract contains a large ravine that starts from the center of Tract 2 and runs back to the river. It is mostly wooded with a small amount of tillable land. It is a SWING Tract meaning that it can only be bid on separately by the adjacent land owner or in combination with Tract 2.