Historic 2 story log home on 66ft Lakefront lot - Lake Papakeechie
Features: 1,655sf of living space, full walkout basment, (2) fireplaces & modern radiant heat.
Great location with beautiful views w/ this quite retreat away from big city life!
Sunday May 22nd @ NOON - 1:30PM
Saturday May 28th @ NOON - 1:30PM
Sunday May 29th @ NOON - 1:30PM
Sunday June 5th @ NOON - 1:30PM
915 square foot, 2 story Historic Log home, over a full 740 square foot mostly finished walk-out basement, 1 or 2 bedroom, 1 bath on 66’ lakefront lot of privately owned Lake Papakeechie.
Originally built in 1853 in Nappanee, IN., this log home was carefully dismantled and reassembled on this lakefront lot over the last 10 years using old world craftsmanship, reclaimed materials such as lumber from the Falstaff Brewery in Ft. Wayne, bricks, beams and flooring from the Studebaker plant in South Bend IN., and barn siding from the First Post Office Livery Station in North Webster IN.
18'x16', wood floors, 3 antique belt drive ceiling fans, 2 story vaulted cedar plank ceilings, floor to ceiling field stone wood burning fireplace with Heatilator fans, 5’x6’ Elk antler chandelier on pulley system, 3 sets of French doors to lake view 20’x20’ deck with a rubber under-liner for future room addition.
18'x12', wood floors, open concept to great room, glass topped hand carved pedestal island, electric reproduction cast iron stove, copper apron sink.
Hand carved Dutch door, wood floors and cedar steps, native timber balusters and rope railings up and down.
10'x10', upper level loft overlooking Great room, copper tub in bathroom, tiled bath floor, electric clothes processor, and French doors to balcony with lake views.
20'x12' lower level walkout to lake side, field stone wood burning fireplace with Heatilator fans, concrete floors with radiant heat. Ready to be finished off as 2nd bed room and bath.
Outdoor natural gas fired radiant furnace (also burns wood, propane or fuel oil), 4” x120’ well, septic, permit able site to build 18’x20’ detached garage at the road, tiered landscaping, brick paver walkway, year-round wood pier, approximately 66’ of lake frontage, privately owned lake association dues of $140/year, $370 annual dam maintenance fee (2016). -- (2 more years of dam assessment; 2017 $370 and the final year, 2018, is estimated at $190) | Taxes: 2015 pay 2016, $1,326.28 with no exemptions -- Lake Papakeechie is a “No Motor” fishing lake privately owned by all the lake shore land owners. Excellent Fishing Lake!
Watch a 13.5 minute video tour hosted by Tom Wade, Master Wood Carver, who supervised the entire construction of this very unique log home.
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% buyers 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 on or before July 8, 2016. *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.