Lake Front Real Estate Auction on Lake James

3 Bedroom Home with 4970 sf living space on 88' lake frontage plus 4 additional homes & buildings

80 Lane 470C Lake James Angola, Indiana 46703 United States

Sunday, September 30th, 2018 @ 10:00 am

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Lake Front Real Estate Auction on Lake James.

Multi Parcel Auction of beautiful 4,970 square foot, 3 bedroom 6 bath lakefront home on 88 feet of All Sports Lake James (2nd basin at Roby Place) plus 4 additional homes including a log cabin and pole barn.  

Lake James is the fourth largest natural lake in Indiana and part of a chain of 5 lakes with over 1,800 acres of skiing, fishing and swimming.  This “power house” lake has marinas, gas stations, a hotel, restaurants and the home of Pokagon State Park.

Selling as multiple parcels.  Buy one or any combination.

Sunday September 9th, 2018 @ noon - 2 PM
Sunday September 16th, 2018 @ noon - 2 PM
Sunday September 23rd, 2018 @ noon - 2 PM

Directions:  Just 50 miles north of Fort Wayne in Northeast Indiana take I69 exit  350 and go north on 200 W approximately 3 miles to 4 way stop at “4 Corners” aka Tom’s Donuts and turn right on 350 W, look for auction signs on your right in approximately .2 mile.  Roby Place entrance.



Property Features

  • Tract 1:

    80 Lane 470C LK JAMES, ANGOLA IN 46703
    4,974 SF Home on 88 foot Lakefront Sandy Gravel Beach. 3 bedrooms, 4 full baths, and 2 half baths + 2 car detached garage on back lot.

    Entry/Foyer: 7x7, 9x7. Leaded bevel glass chandelier, bluestone floor tiles, leaded glass side lights, and engineered plank flooring.
    Great Room: 29x37. Features a 20 foot wide local fieldstone wood burning fireplace with gas lighter and glazed tile surround. Topped with a hand carved wooden mantle. 2 extra-large glass sliding doors to lakefront stamped concrete patio. 5 panel bay window, carpet, window treatments with brass rails, shades, and 2 lighted ceiling fans. 9’x9’ corner wet bar with Corian counter top, stainless steel sink, Uline icemaker, mini fridge, glazed ceramic tiles, ISE hot water dispenser, oak cabinets, leaded bevel glass doors, recessed lighting, 12’ bar height counter with brass foot rail and 6 oak swivel bar stools.
    Hallway: 9x3. Large closet, half bath, laundry room, and dumbwaiter to upper floor.
    Half bath: 6x7. Handrails, urinal, stool and vanity sink.
    Laundry room: 9x15, 10x6. Stainless steel deep sink, washer and gas dryer hook-ups, Hotpoint matching washer and dryer, built-in cabinets. Storage room is 9’x5’x52”with central-vac accessories.
    Utility closet: 5x7. Munchkin hot water boiler, A.O. Smith 74 gal gas water heater (2011), 200 amp circuit breaker.
    Kitchen: 15x19. Glazed tile floors, Corian counter tops, oak cabinets with beveled leaded glass doors, under cabinet lighting, built-in Amana Radar Range microwave, KitchenAide glass wall oven, bay window with bench storage, GE Profile trash compactor, InSinkErator hot water dispenser, Culligan water filter, GE wood paneled side by side refrigerator, wood paneled range hood, and 42” KitchenAide 4 burner plus griddle with cutting board cover gas stove.
    4 Season room: 12x13. Tiled, Hampton bay leaf paddle fan, 3 sliding doors to lave view patio.
    Guest Bed Room: 13x14. Main level suite with full bath, 7’x14’. Linen closet, extra large vanity with Kohler sink, low profile high volume toilet, ceramic tile tub and shower combo and exhaust fan. Sliding doors to 3 season porch (11’x13’) with stamped concrete floor and sliding doors to lake view patio.
    Stairwell and landing: 9x18. To upper level, plant solarium, beveled glass and brass chandelier, track lighting and oak railing.
    Living Room: 23x28. Carpeted, 5 panel bay window with lake views, 8’ fieldstone fireplace with gas log stove, large wet bar with Corian countertop, hot water dispenser, mini fridge, stainless steel sink and door to shared balcony with guest bedroom. Tray stucco ceiling with lighted fan, and recessed lighting.
    Half Bath: 8x7. Hand rails, carpeted vanity and fan.
    Balcony: 12x14. Wrought iron railing, composite floor tiles.
    Hallway: 3x8. Dumb Waiter.
    Upper Laundry room: 10x14. Stainless steel deep sink oak cabinets, matching KitchenAide washer and gas dryer, central air handling unit and 10’x10’ cedar closet.
    Master Bed Room Suite: 18x20, 3x11. Carpeted, recessed ceiling lights, fan, door to balcony, mirrored sliding doors to 8’x21’ walk-in closet with built-in shelves and shoe racks. Door to private balcony with wrought iron railing and composite floor tiles.
    “His” Bath Room: 8x7. Walk-in shower stall, toilet, pedestal sink, exhaust fan and carpeted.
    “Her” Bath Room: 8x10. Whirlpool jetted tub, ceramic flooring, bidet, and toilet. 10’x13’ dressing room with double sink vanity, 3 built-in armoires, matching scalloped lighting above sinks, scalloped chandelier, beveled mirrors and window coverings. Pocket doors.
    Guest Bed Room: 13x14. Carpeted, wood blinds, sliding door to balcony. Full bath, 8x13. Corian top oak vanity, linen closet, tiled tub and shower combo.

    Professionally landscaped, irrigated, mature shade trees, stamped stained concrete wrap around sidewalk from road to lake side patio, brick storage bunker (6’x9’x42”) with diamond aluminum doors, copper gutters and downspouts, recessed lighting in soffits, Trane X8 800 AC unit, parking pad, sound system, 1- 6’x20’ aluminum and vinyl boat dock with 2 ladders, grated small craft ramp on seawall, a second 4’x70’ aluminum and vinyl dock with steps, flag pole and power outlet.
    Other info: 9 foot ceilings, Pella windows, 35” wide 6 panel solid wood interior doors, 6 inch oak baseboards and crown molding, hot water boiler radiant heat, multiple central air conditioning units, whole house Broan intercom and music system, and crawl space.

    26’x30’ Two-car, brick building with shelved storage closet, 18x7 overhead door and 8x7 overhead rear door, peg board walls, gas space heater, 100 amp circuit breaker. Private back yard garden arbor with flower beds, bench seating, fire pit, lighting, sound system, 374 square foot brick paver patio and steps.

    LOT SIZE: 86’X105’
    Zoned: Lake Residential. Lake access; Yes.
    Water: Well
    Sewer: County $83.95/month
    Schools: Fremont Community
    Taxes: 2017 pay 2018 $3,732.67, no exemptions. Assessment $751,000.00.
    HOA: Roby Place Association $200/year.

  • Tract 2:

    75 LANE 470C LK JAMES, ANGOLA IN 46703
    Historical log cabin built in 1937, 2 bedroom 1 bath cutie! Mostly original log exterior and knotty pine interior. Fieldstone fireplace with wood burning insert, modern kitchen and bath with shower. Wrap around porch plus extra deck seating. Potential income property, guest house, Airbnb?

    Family room: 18x15. Carpeted, live edge wood mantel, vaulted ceiling, exposed beams, skylights, and track lighting.
    Dining area: 8x11. Lots of windows.
    Kitchen: 7x12. Galley style, with Formica counter top, sheet vinyl flooring, Roper refrigerator, gas cooktop stove with griddle and downdraft exhaust. 16 foot bar height eat-at counter top with 6 wood swivel bar stools. 100 amp circuit breaker, full view glass door to rear deck.
    Bed room: 10x11. Carpeted, window coverings, lighted, closet and 10 panel solid wood doors.
    Bath room: 6x7. Glass shower doors, vanity, stool, cabinet and 2 lights.
    Bed room: 10x10. Carpeted, window coverings, lighted, closet and 10 panel solid wood doors.
    Hallway: Closet, Thermar Homemaster thermostatic gas on demand water heater.
    Rear deck: 10x22. Fish cleaning station.
    Front Deck: 10x23, 5x12.
    Professionally landscaped, irrigated, shade trees, flower beds. 3 car concrete parking pad with servient 2 car parking easement.

    Gas forced HVAC, tall crawl space.
    LOT SIZE: 100’X100’
    Zoned: Lake Residential. Lake access; None.
    Water: Well
    Sewer: County $83.95/month
    Schools: Fremont Community
    Taxes: 2017 pay 2018 $593.94, no exemptions. Assessment $156,400.00.

  • Tract 3:

    55 LANE 470C LK JAMES, ANGOLA IN 46703
    Income property potential. 3 Bed room, 2 bath home on corner lot. 1,920 Square foot, 2 story on a tall poured concrete crawl.

    Great room: 29x16. Carpeted, wall of extra tall windows from floor to ceiling. Brick fireplace, built-in entertainment center with wet bar and glass shelving. Open concept with floating wood slab steps to balcony and bedrooms. Paddle fan.
    Dining area: 10x15. Carpeted, chandelier and sliding glass door to side wood deck.
    Kitchen: 16x17. Extra-large ceramic counter top with eat at tall bar and swivel chairs. Oak cabinets with custom pantry, dual wall mount ovens, in-counter electric 4 burner stove, dishwasher and stainless steel sink.
    Hall and foyer: 4x11, 6x8. Carpet and tiles, door with side panel.
    Utility room: 7x7. Washer and electric dryer.
    4 Season Porch: 6x17. Knotty pine wall and ceiling with sky lights
    Bath: 10x7. Carpet and tile, glass door shower stall sink land toilet.
    Balcony: 15x4. Carpeted.
    Hall: 15x5. Carpeted
    Bath: 8x11. Carpeted, vanity, toilet and washer dryer closet.
    Master bed room: 12x14. Carpeted.
    2nd Bed room: 9x11. Carpeted
    3rd Bed room: 10x11. Carpeted.
    Professionally landscaped, irrigated, shade trees, concrete driveway.

    Redwood siding, asphalt shingle roof. Hot water boiler radiant heat. Central A/C 1 year old.
    LOT SIZE: 100’X100’
    Zoned: Lake Residential. Lake access; None.
    Water: Well
    Sewer: County $83.95/month
    Schools: Fremont Community
    Taxes: 2017 pay 2018 $912.05; no exemptions.

  • Tract 4:

    20 LANE 470A LK JAMES, ANGOLA IN 46703
    Income property potential. 2 Bed room, 2.5 bath with detached 2 car garage on corner lot.
    1,200 Square foot 2 story over 600 square foot finished basement.

    Living Room: 9x19. Open concept, carpeted, paneled, 2 large sliding glass doors to wood deck. Window A/C.
    Dining Room: 10x16. Carpet, paneling, chandelier, wet bar.
    Kitchen: 8x19. Carpeted, wood cabinets, peninsula counter, dishwasher, gas stove, refrigerator.
    Office: 8x10. Carpeted, chandelier, closet and windows to rear porch.
    Full Bath: 7x4. Claw tub, vanity sink and toilet,
    Back Porch: 10x20. Covered, white vinyl railing.
    Utility closet: 4x9. Hot water boiler, gas water heater, water softener (rented).
    Master Bed Room Suite: 11x11. Carpeted, window A/C.
    Full bath: 4x8. Carpeted, shower stall, vanity and toilet.
    Laundry nook: 4x4. Washer and electric dryer.
    Hall: 5x13. Carpeted, paneling, corner desk.
    Closet: 4x7.
    Half bath: 3.5x3.5. Carpeted, toilet and sink.
    Guest Bed Room: 9x17. Carpeted.
    Garage: 22x18x9. Overhead door 14x6.5.
    Deck: 12x15, 8x8. Bench seating.
    Professionally landscaped, irrigated, shade trees, concrete driveway.

    LOT SIZE: 97’x177’
    Zoned: Lake Residential. Lake access; None.
    Water: Well shared with tract 5. Servient estate.
    Sewer: County $83.95/month
    Schools: Fremont Community
    Taxes: 2017 pay 2018 $737.50, no exemptions. Assessment $141,500.00.

  • Tract 5:

    60 LANE 470A LK JAMES, ANGOLA IN 46703
    Income property potential. 1,596 Square foot, 3 Bed room, 2 bath, 2 story home with extra-large 2 car garage.

    Family room: 12x19, 7x17. Open concept, carpeted, wall of windows to large wooden deck.
    4 Season room: 10x14. Carpeted, sliding glass door from family room.
    Kitchen: 11x11. Tiled floor, stainless steel sink, electric stove, under counter microwave, refrigerator, and peninsula countertop.
    Dining room: 11x14. Tiled, chandelier, wet bar with mini fridge, window A/C, laundry closet with stackable washer and dryer.
    Full Bath: 5x9. Shower/tub combo, sink and toilet.
    Master Bed room: 13x11. Carpeted, bead board walls and ceiling.
    2nd Bed room: 8x11. Carpeted.
    3rd Bed room: 9x16. Carpeted, passage door to 2nd floor full bath.
    Bath: 5x12. Shower, vanity, toilet, tiled floor.
    Hall: 6x13. Carpeted, closet.
    Garage: 21x24x8.5. 2 car overhead door 18’wide and 7’ tall. Single car overhead door 8’ wide and 7’ tall.
    Work Shop: 21x10. Insulated, hot water boiler, gas water heater.
    Professionally landscaped, irrigated, shade trees, concrete driveway. Covered rear porch, aluminum siding

    LOT SIZE: 94’x177’
    Zoned: Lake Residential. Lake access; None.
    Water: Well shared with Tract 4. Dominant Estate.
    Sewer: County $83.95/month
    Schools: Fremont Community
    Taxes: 2017 pay 2018 $760.12, no exemptions. Assessment $119,700.00.

  • Tract 6:

    80 LANE 470A LK JAMES, ANGOLA IN 46703
    LOT SIZE: 86’x178’
    Great storage building for all your lake toys! Easy road access, large overhead door, low maintenance building and grounds. Lots of gravel parking and storage. Home buildable potential too!
    Pole barn: 30’x32’ with 14’ eave. 12’x12’ overhead door plus another 9’x7’ overhead side door and passage door. Concrete flooring, florescent lighting, peg board walls, storage closet under steps. Overhead 3”x5” x15’ I-Beam for hoist attachment. Two and half stories of floored attic storage with step access. Vinyl siding and asphalt shingle roof. 8’x24’ lean-to over a concrete pad outside plus a 20’x 36’x4’ chain link 3 sided fenced area. 30’x40’ concrete parking pad.
    Power: 20 amp circuit breaker sub panel shared with Tract 1. Servient Estate. Note: Should Tract 6 sell separate from Tract 1 power will be disconnected. New owner will need to install separate meter.

    Zoned: Lake Residential. Lake access; None.
    Water: Yard Hydrant shared with Tract 1. Servient Estate.
    Sewer: Tap available.
    Schools: Fremont Community
    Taxes: 2017 pay 2018 $461.66, no exemptions. Assessment $61,600.00.

Real Estate Terms

Buyer Brokers welcome (contact auctioneer for details). $50,000 down day of auction for TRACT 1, balance due on closing. $10,000 each down day of auction for TRACT 2 thru TRACT 6, balance due on closing. Property sold absolute, no reserve, sells regardless of price. 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 40 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.