Name Residential Real Estate Auction - 6 Acre - Portage, IN
Auctioneer Kraft Auction Service
Date(s) 3/24/2018
Location 2125 Samuleson Rd
Portage, IN 46368
Buyer Premium 10% onsite
Description
Real Estate Auction Saturday March 24, 2018 1:00pm CDT Located at 2125 Samuelson Rd Portage, IN. From US 20/Melton Rd and Crisman Road, go east 1.1 miles on Melton to Samuelson. Turn south and go .6 miles to home located on the east side of the road. "Watch for Kraft Auction Signs!" Up for auction is a once in a lifetime opportunity to by a remodeled red brick farm house. This home was built in 1897 and features 2300+ square feet, 5 bedrooms, 1.5 baths, a fully remodeled kitchen, central air, and a very well maintained home. The home features a wrap around porch with original wood ceiling. By the front door is a plaque commemorating the home as a "Hoosier Homestead Farm", which means the farm was in the same ownership for 100 years. Off the back porch is a very nice brick patio for enjoying a summer barbeque and around the corner is an above ground pool to cool off in afterwards. This property has all the room for storage anyone could need. Adjacent to the home is the original milk house and still standing above the milk house the original windmill to the farm. Also adajcent to the home is a 2.5 car garage built in 2014. The property includes four original barns/shed to the property. The original livestock barn in on the property with a hay loft and the original stanchions where they use to milk the cows. Next to the big barn is the original grainery building for storing graining, but today can be used to store lawn equipment or anything you desire. On the north side of the property there is another original carriage house perfect for storage, and then a long building with an original workshop, chicken house and corn crib. The home and all the buildings set on a well maintained 6.02 acre lot with mature trees. This property has best features of a great country property, but still has the great location of only being minutes from all your shopping needs Portage offers and only minutes from being on the highway. Taxes 2016 Pay 2017: $2,889.30 (with exemptions). Open House: March 17th 1:00-3:00pm. Can't make it? Call for a private showing. Owner: George and Holly M. Papachronis Terms: $10,000 non-refundable down payment immediately after auction (must present check prior to registering to bid), closing in 30 days, sold as-is, possession at closing, warranty deed, taxes pro-rated and final to day of closing, sells with seller's confirmation, and subject to a 10% buyer's premium. Kraft Auction Service LLC Col. Conrad Kraft - AU01032667 Jonathan Kraft - AU10500173 219-973-9240 - Info@KraftAuctions.com KraftAuctions.com Sold in conjunction with Julie Elisha and McColly Real Estate.
DOWN PAYMENT:$10,000 down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING. BUYER`S PREMIUM: A buyer's premium of 10%, with a minimum of $3500, will be added to the final bid price of the property. APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection. DEED: Seller shall provide a Warranty deed. EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price. CLOSING: Closing shall take place in 30 days, POSSESSION: At closing. REAL ESTATE TAXES: Taxes are pro-rated and final at day of closing ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos. SURVEY: There shall be no survey EASEMENTS: The sale of the property is subject to any and all easements of record. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. Tract acreage has been estimated based on aerial photographs. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE.
Currency USD
Buyer Premium 10% onsite
Payment Terms
DOWN PAYMENT:$5,000 down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cash, cashiers check, personal check or corporate check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING. BUYER`S PREMIUM: A buyer's premium of 10%, with a minimum of $3500, will be added to the final bid price of the property. APPROVAL OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection. DEED: Seller shall provide a Warranty deed. EVIDENCE OF TITLE: Seller shall provide title insurance in the amount of the purchase price. CLOSING: Closing shall take place in 30 days, POSSESSION: At closing. REAL ESTATE TAXES: Taxes are pro-rated and final at day of closing ACREAGE: All acreage is approximate and has been estimated based on current legal descriptions and/or aerial photos. SURVEY: There shall be no survey EASEMENTS: The sale of the property is subject to any and all easements of record. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials is subject to the Terms and Conditions outlined in the Purchase Agreement. Tract acreage has been estimated based on aerial photographs. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquires, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in this brochure are approximate. Except for any express warranties set forth in the sale documents, purchaser(s) assumes all risks thereof and acknowledges that in consideration of the other provisions contained in the sale documents, Seller and the Auction Company make no warranty or representation, express or implied or arising by operation of law, including an warranty of merchantability or fitness for a particular purpose of the property, or any part thereof, and in no event shall Seller or the Auction Company be liable for any consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the auctioneer are final. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE.