LaOtto, Indiana - 1900s Farmhouse with 5+/- Acres + Many Outbuildings

Home: 3BR ∙ 1.5BA ∙ 1386SF ∙ Unfinished Basement

5312 East 300 South LaOtto, IN 46763

Wednesday, March 20th, 2024 @ 6:00 pm

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5 +/- Acres + Home + Outbuildings

Country setting only 25 mins from Fort Wayne! 5+/- Acres located in the picturesque countryside – 1-1/2 Story 1900s Farmhouse, 3BR | 1.5BA  on unfinished basement. NEW Detached Pole Barn Garage. Many outbuildings including one of the last remaining bank barns!
Pasture with electric fence.

Open Houses:
March 11th & 18th
5:00 - 6:30 pm

Property Features

  • Enclosed Porch/Breezeway

    ∙ 8x12
    ∙ Door plus screen door/egress from outside
    ∙ Concrete Floor
    ∙ Window
    ∙ Drop ceiling
    ∙ Closet w/doors, 2x6
    ∙ Door to inside house

  • Living Room w/Dining Area

    ∙ 19x27
    ∙ L-shaped room
    ∙ Vinyl flooring and carpet
    ∙ Drop ceiling
    ∙ Windows
    ∙ Ceiling fan w/light
    ∙ Lighting fixtures

  • Full Bathroom

    ∙ 6x9
    ∙ Carpet
    ∙ Single sink vanity
    ∙ Bathtub w/shower accessory
    ∙ Window

  • Kitchen

    ∙ 12x14
    ∙ Vinyl flooring
    ∙ Exhaust fan over stove
    ∙ Dual stainless-steel sink
    ∙ Windows
    ∙ Door to cellar area and outside

  • Laundry Room (Off Kitchen)

    ∙ 5x12
    ∙ Vinyl floor
    ∙ Shelving on walls
    ∙ Gas dryer hook up
    ∙ Ceiling lighting fixture
    ∙ Pantry w/shelving & door

  • Upstairs

    ∙ Three Bedrooms
    ∙ Half Bathroom
    ∙ All second level

  • Bedroom One

    ∙ 10x15
    ∙ Carpet
    ∙ Large closet w/door
    ∙ Window

  • Bedroom Two

    ∙ 11x8
    ∙ Carpet
    ∙ Windows
    ∙ Closet w/door

  • Bedroom Three

    ∙ 12x13
    ∙ Carpet
    ∙ Windows
    ∙ Closet w/door

  • Half Bathroom

    ∙ 8x9
    ∙ Vinyl floor
    ∙ Single sink vanity
    ∙ Lighting fixtures

  • Basement (Unfinished)

    ∙ Gas Furnace
    ∙ Electric Water Heater
    ∙ Water Softener
    ∙ Well Pump
    ∙ 200 Amp Service Breaker Box

  • Detached Pole Barn Garage

    ∙ Built 2019
    ∙ 24x30
    ∙ Gravel Floor
    ∙ Two Garage Doors
    ∙ Side Door
    ∙ Windows
    ∙ Breaker box

  • Barn

    ∙ Built 1943
    ∙ Two Story, 36x50x8
    ∙ Large sliding doors
    ∙ Milk house, 10x12 (front of barn)
    ∙ The barn has only been used for horses for the last 40 ish years
    ∙ Milking stanchions in the tack room
    ∙ One of the last remaining bank barns in Nobel county
    ∙ Electricity, water
    ∙ Electric fence surrounds pasture back end of the barn/property (Last used Jan. 23)
    ∙ Lean-to, 10x32x8 (back of barn)

  • Framed Corn Crib (Detacged)

    ∙ Built 1943
    ∙ 30x40

  • Poultry House (2)

    ∙ Built 1943
    ∙ 20x30 / 12x14
    ∙ Large Chicken coop has electricity but currently disconnected

  • Misc:

    ∙ Home alarm system
    ∙ Propane tanks owned (2)
    ∙ Water and electricity in the barn
    ∙ Air Conditioner & Furnace, New 2020
    ∙ Roof, New 2020
    ∙ Stove and Dryer may be gas or electric hook ups
    ∙ 5" well
    ∙ Pasture electric fence last used, January 2023
    ∙ When the land was purchased 40 ish years ago some of the back acreage was used as farmland
    ∙ Approximate location of septic is east side yard if house
    ∙ Gravel driveway

Real Estate Terms

Buyer Brokers welcome (contact auctioneer for details).  $20,000 down day of the 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 Owner.  Property sold for cash. (The sale of this property may be financed; however, the sale of this property IS NOT CONTINGENT to financing approval).  Property sold as-is, where-is.  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 the auction.