Spectacular Hamilton Lake Front Home Auction

Selling Absolute at or Above 1.4 Million Dollars

Online Bidding Open Saturday, October 12th - First Item Ending at 6:00 PM


Owner: The Estate of Robert McNabb   |   Sale Manager: Brandon Steffen   |   Contact: 260-426-0633

ONLINE ONLY AUCTION

INSPECTION LOCATION: 1180 Ln 150 Hamilton Lake  |  Hamilton, IN 46742

INSPECTION DATES: Join The Steffen Group for exclusive open house events at this exceptional property! We will be hosting three open houses:

Saturday, September 21st from 11:00 AM to 1:00 PM

Tuesday, October 1st from 5:00 PM to 7:00 PM

Saturday, October 12th from 9:00 AM to 12:00 Noon

** The first open house on September 21st will be a special event featuring live music and mimosas, offering you the perfect opportunity to explore the home and experience everything this stunning property has to offer. Don’t miss your chance to see it firsthand!

"Once in A Lifetime Opportunity"




Online Bidding

Auction Inspection

Inspection Location: 1180 Ln 150 Hamilton Lake  |  Hamilton, IN 46742

Join The Steffen Group for exclusive open house events at this exceptional property! We will be hosting three open houses:

Saturday, September 21st from 11:00 AM to 1:00 PM

Tuesday, October 1st from 5:00 PM to 7:00 PM

Saturday, October 12th from 9:00 AM to 12:00 Noon

** The first open house on September 21st will be a special event featuring live music and mimosas, offering you the perfect opportunity to explore the home and experience everything this stunning property has to offer. Don’t miss your chance to see it firsthand!


"Essential Property Insights - Everything You Need to Know"

County: Steuben County
Parcel # 76-10-28-410-513.000-010
Annual Taxes $22,038.00
Lot Size: 1.32 +/- Acres
Lake Frontage: 180 Feet (Approximate)
Lot Dimensions: 189' x 304'
Garage 4 Car Attached - 52' x 30' w/ heated floors
Total Finished Square Footage: 7,702 SF
Above Grd Finished Square Footage: 3,851 SF
Below Grd Finished Square Footage: 3,851 SF
Total Bedrooms: 5
Bathrooms: 5 Full Bathrooms - 2 Half Bathrooms
Heating: Gas Forced Air
Cooling: Central Air
Generator: Whole House
Water: City
Sewer: City
Exterior: Brick Stone
Foundation: Basement


"Discover the Ultimate Lakefront Home"

This is a once-in-a-lifetime opportunity to own a lake home of this caliber at auction! This breathtaking JICI custom-built home, situated on 1.23 acres with nearly 200 feet of pristine lake frontage, is selling absolute at or above $1.4 million. With over $4.5 million invested in this masterpiece, the sellers are offering an unparalleled value for lake life and entertaining enthusiasts.

From the striking white stone and brick exterior and blue tile roof to the expansive interiors, every detail of this home radiates luxury. The property boasts 6 bedrooms, 7 bathrooms, and a 4-car heated garage with floors to match, offering ultimate comfort and convenience. Enjoy a spacious 52x30 storage room complete with a walk-in cooler and freezer—perfect for hosting large gatherings.

This estate is designed for entertaining with two full kitchens, a library featuring a sliding ladder, and multiple unique amenities, including an oversized steam shower and sauna. Two laundry rooms (one on each level) and abundant storage with walk-in and cedar closets provide functionality in every space.

Outdoor living is just as impressive with breathtaking lake views, pier with ladders, aluminum pier bench, and posts included in the sale. Whether it's morning coffee on the pier or hosting sunset dinners, this home embodies lakefront living at its finest.

Don’t miss your chance to bid on this incredible property—register today for the online auction and make this luxurious lakefront estate your own!


About Hamilton Lake

Hamilton Lake in Hamilton, Indiana, is the perfect spot for those who love the lake life. With over 800 acres of clear, inviting water, it’s a hotspot for boating, fishing, and all kinds of water fun. The lake’s shores are lined with beautiful homes, offering stunning views and a laid-back vibe. Whether you’re looking for a year-round home or a weekend escape, Hamilton Lake has it all—great local restaurants, cute shops, and a friendly community that makes you feel right at home. It’s a place where peaceful mornings on the dock and sunset cruises are part of everyday life. If you’re looking for a blend of relaxation and fun, Hamilton Lake is the place to be!


AUCTIONEER'S NOTE:

Thank you for taking the time to view this auction. To stay up to date on this auction, send me a message using the form below, or sign up for our auction updates to be notified about upcoming auctions.

We hope to see you at the sale!

AUCTION TERMS & CONDITIONS

Property: 1180 Ln 150 Hamilton Lake, Hamilton, IN
Online Auction Start Time: Saturday, October 12th – 9:00 am
Online Auction Real Estate End Time: Saturday, October 12, 2024 – 6:00 pm
** The close of bidding is a “soft close/ automatically extended.” if a bid is received during the last two minutes of bidding, it will automatically be extended an additional two minutes.

PLEASE READ AND REVIEW THE REAL ESTATE TERMS THOROUGHLY PRIOR TO BIDDING ON THIS PROPERTY

IF YOU HAVE NOT READ AND UNDERSTAND THESE TERMS - DO NOT PLACE A BID
BY BIDDING ON THE PROPERTY, BUYER AGREES TO ALL TERMS AND CONDITIONS SET FORTH AND ENTERS INTO A CONTRACTUAL AGREEMENT TO PURCHASE THE PROPERTY UNDER THE FOLLOWING TERMS AND CONDITIONS:

UPON CONCLUSION OF THE AUCTION: The Winning Bidder will be emailed a Real Estate Contract to either sign digitally or to print and sign without any modifications and return the completed and signed contract to The Steffen Group Inc. by email, fax or in person by 10:00 AM the day following the auction. Along with the completed, signed contract, the Winning Bidder will be required to send the specified non-refundable earnest money deposit as stated in the property description. This non-refundable earnest money deposit will be held in escrow until closing, and that amount will then be credited to the Buyer as part of the purchase price of the property.

A successful bidder not executing and returning the completed contract and earnest money deposit by 10:00 AM the day after the auction will be considered in default. Such default by the successful bidder will result in the Bidder’s liability to both the Seller and The Steffen Group, Inc. Seller shall have the right to (a) declare this contractual agreement canceled and recover full damage for its breach, (b) to elect to affirm this contractual agreement and enforce its specific performance or (c) Seller can resell the property either publicly or privately with The Steffen Group Inc. and in such an event, the Buyer shall be liable for payment of any deficiency realized from the second sale plus all costs, including, but not limited to the holding costs of the property, the expenses of both sales, legal and incidental damages of both the Seller and The Steffen Group Inc. In addition, The Steffen Group Inc. also reserves the right to recover any damages separately from the breach of the Buyer.

Method of Payment: A non-refundable earnest money deposit in the amount of 10% of the purchase price will be required at the conclusion of the online auction, with the balance due the day of final closing. Closing shall be within 30 days of the auction. This real estate is being sold for cash, and your bidding is not contingent upon financing. Have your financing prearranged prior to auction day.

Buyers Premium: A 1% Buyers Premium will be charged to the Buyer and added to the winning bid. Thus, determining the final selling price of the real estate.


Acceptance of Bid: The property is selling absolute at or above 1.4 million dollars.

Title: Seller will provide the buyer with a commitment of title insurance in the amount of the purchase price insuring the transfer and marketability of the title. The seller will provide the buyer with a fully executed Personal Representative's Deed conveying title to the buyer.

Taxes: Taxes will be prorated to the day of final closing.

Possession: 30 Days after closing

Survey: The Seller will not provide buyer with a survey. If the buyer or buyer's lender requires a survey, it will be at the sole cost of the buyer.

Agency: The Steffen Group Inc. is acting as the exclusive agent of the seller.

Property Disclosure: This property is being sold as-is and where is with no warranty being expressed or implied as to the physical condition, specific zoning or available permits by the Seller, Auction Company or its Agents. The Buyer shall conduct his or her own investigation of the property and bid accordingly.

Disclaimer and Absence of Warranties: All information contained in the brochure, website, and all related materials are subject to the terms and conditions outlined in the purchase agreement. The conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer.

BIDDING AND REGISTRATION INFORMATION
BIDDER VERIFICATION: Bidding rights are provisional, and if identity verification is questionable, The Steffen Group Inc. has the right to reject the registration, and bidding activity will be terminated. The Seller and The Steffen Group, Inc. reserve the right to preclude any person from bidding if there is any question as to the person's credentials, mental fitness, etc. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. If the registered bidder's user name is offensive to The Steffen Group, Inc. or, in their sole opinion, detrimental to Bidding Activity, then The Steffen Group, Inc. reserves the right to delete the bidder from bidding or unilaterally change the username with notification to the Bidder.


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