Auction Information

REAL ESTATE: 1.98 Acres, House, Shop, Barn

Fri Jul 24 - 03:00PM


515 W Lake St, Topeka, IN Click to Map


Chupp Auctions & Real Estate LLC

Auctioneer ID#: 11841

Phone: 260-499-0216

License: #AU19800030

PHONE BID REAL ESTATE AUCTION
PROPERTY LOCATED: ½ mile west of Topeka, IN on Lake Street 
ADDRESS: 515 W Lake St, Topeka, IN 46571
1.98 ACRES • HOUSE • SHOP • BARN
Phone bids accepted until 3:00 PM on Friday, July 24, 2026.
HOUSE: 1½ story with 1,672 sq. ft., 11’x14’ attached entrance, partial basement, 3 bedrooms, 2 full baths, natural gas heating stove, some remodeling done in 2025 including new windows, metal roof approx. 10 years old
SHOP: 26’x46’ 2-story with aluminum folding stairs, plumbing for bathroom & kitchen, 22’x46’ enclosed lean, fully lined & insulated
BARN: 32’x50’ with 20’x28’ attached storage area, 3 box stalls, 3 tie stalls, tack room, large tramp shed area
GARDEN SHED/PHONE SHACK: 10’x16’, new in 2024
Honda 3000W auto-start generator
Spinning washline
Mature shade trees  •  Some new trees & landscaping

Public welcome to inspect this real estate Tuesdays from 3:00-5:00 PM or by appointment with the auctioneers.
Phone bids will be accepted by Chupp Auctions until 3:00 PM on Friday, July 24, 2026. Starting bid is $275,000. 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 24, 2026 with balance due at closing. Closing approximately 45 days after the auction with possession given October 8, 2026. 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. This property is being sold contingent upon the sellers purchasing another property.
Owners: MATT & JOLENE FREY
CHUPP AUCTIONS & REAL ESTATE LLC
We Specialize in YOUR Auction!
LYLE CHUPP #AU08800826 (260) 499-0216
DALE CHUPP #AU19800030 (260) 499-0093
SHIPSHEWANA, IN

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