PHONE BID 

REAL ESTATE AUCTION

PROPERTY LOCATED: 2 miles north of Shipshewana, IN on SR 5 to 450N, east 2½ miles

ADDRESS: 5420 W 450 N, Shipshewana, IN 46565

4.69 ACRES • HOUSE • SHOP • POND

Phone bids accepted until 4:00 PM on Tuesday, July 7, 2026.

HOUSE: custom made 1½ story stone and brick front home with approx. 4,000 sq.ft. of living space plus 600 sq.ft. mechanical room, 24’x45’ attached garage, 10’x24’ open covered backyard porch, full mostly finished basement with partial kitchen and open front porch. This home was custom built in 2016 and features 6 bedrooms, 3½ baths, great room with open ceilings and gas fireplace, office, 2 sets of backyard French patio doors, geothermal heat and air and lots of windows to accommodate natural sunlight.

SHOP: 44’x52’ with 10’x62’ overhang and 10’x44’ overhang, 100 amp electric and water

Stocked pond • Irrigated lawn and pasture

Public welcome to inspect this real estate Tuesdays from 

4:00-6:00 PM or by appointment with the auctioneers.

Phone bids will be accepted by Chupp Auctions until 4:00 PM on Tuesday, July 7, 2026. Starting bid is $800,000. For bidding updates or to place a bid, contact Chupp Auctions 

at 260-499-0216 or 260-499-0093. 

TERMS: 5% down (non-refundable) upon accepted offer on July 7, 2026 with balance due at closing. Closing approximately 90 days after the auction with possession given February 1, 2027. Sellers to pay $2500 rent per month from day of closing to date of possession. Taxes to be pro-rated. Sellers have the right to reject any or all bids. Any announcements made by the auctioneer take precedence over printed matter. 

Owners: KEVIN & LORENE SCHROCK