Name Multi-Par 25 Acre Real Estate Auction- Wanatah, IN
Auctioneer Kraft Auction Service
Type Live Webcast Auction
Date(s) 4/8/2021
Thursday April 8th, 2021 6:00pm CDT
Preview Date/Time Open House: Sunday March 28th 12-2pm and Saturday April 3rd 10am-12pm. Can't make it? Call for a private showing.
Location 48 N 450 E
Valparaiso, IN 46383
Buyer Premium 10% online minimum $3,500
Description
Real Estate Auction Thursday April 8th, 2021 6:00pm CDT Property located at 6679 W 1600 S Wanatah, IN. Auction located at Kraft Auction Facility 48 N 450 E Valparaiso, IN. "Online Bidding Available" Parcel 1: 7+/- Acre parcel with residential home and 3 pole barns.The home is a 1994 manufactured home featuring 3 bedrooms, 2 full baths, large living room, kitchen, full basement, wood deck, and an attached 2 car garage. The property features 3 pole barns for all of your storage or livestock needs. The largest pole barn was built in 2001 and features 5040 square feet of space. Then there are two 1440 square foot pole barns. One barn has a concrete floor and is a full shop. The other barn was a livestock barn and has a dirt floor. Parcel 2: 18+/- Acre parcel previously used for pasture ground, and most recently used as a hay field. Parcel 3: Combination of Parcel 1 and 2. The total property includes 25.25 acres. Taxes 2019 Pay 2020: $1,187.37 (with exemptions). Open House: Sunday March 28th 12-2pm and Saturday April 3rd 10am-12pm. Can't make it? Call for a private showing. Owner: Bonnie Halada Auction Method: This will be a live auction with simulcast online bidding. We will be offering the property in the multi-parcel format, where bidders can buy either individual parcel or the combination. It will be sold whichever way has the higher bid. Auction Terms: $12,500 non-refundable deposit for each individual parcel or $25,000 non-refundbale depososit if sold in one parcel due immediately after the auction. If property is sold in two parcels, survey cost to be split 50/50 between buyers and seller. 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. Broker participation is welcome. Kraft Real Estate Auctions, LLC - AC31900011 Col. Conrad Kraft- AU01032667 Jonathan Kraft – AU10500173 Managing Broker: Jay Mayden 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com
Auction Terms & Conditions DOWN PAYMENT:$12,500 non-refundable down payment per parcel of $25,000 for whole property immediately after the auction and 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. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% online minimum $3,500
Payment Terms
DOWN PAYMENT:$12,500 non-refundable down payment per parcel of $25,000 for whole property immediately after the auction and 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.