Name OLO Lake Wawasee Home & Vacant Lot Auction - Syracuse, IN
Auctioneer Kraft Auction Service
Type Online-Only Auction
Date(s) 7/14/2022
Bidding Begins to Close July 14, 2022 6:00pm EST
Preview Date/Time Open House: July 3rd 1-3pm and July 9th 12-2pm. Can't make it? Call for a private showing.
Location 12630 N Rainey Rd
Syracuse, IN 46567
Buyer Premium 10% online minimum $3,500
Description
Online Only Lake Wawasee Real Estate Auction Bidding Begins to Close July 14, 2022 6:00pm EST Parcel #1 - 12630 N Rainey Road W Syracuse, IN. Here is a great opportunity to buy a channel front home on Lake Wawasee. The ranch home was built in 1963 and features 3 bedrooms, 2 baths, 1400 square feet, large living area with fireplace, and a beautiful patio area overlooking the channel. In the rear of the home is a former car port that has been converted to a screened porch area and an additional sitting area. For additional storage there is a wood shed on the property for all your lake storage. The property features a 45' channel front lot and includes a pier and diving board. The total acreage is 0.12 acres. Home will be sold furnished with furniture and appliances. Complete list of items included with the sale will be available at open houses. This is the first time this home has been available for sale for 35+ years, so do not miss this opportunity for a Lake Wawasee property. Taxes 2021 Pay 2022: $1,835.80. MInimum Opening Bid: $299,900 Sells to highest bidder at above opening bid! Open House: July 3rd 1-3pm and July 9th 12-2pm. Can't make it? Call for a private showing. Owner: Beverly Piunti Parcel 2: 12650 N Rainey Road W Syracuse, IN. Only a lot away from Parcel 1, is this vacant 45' channel lot. Lot previously had a home on it, and was removed years ago and now ready for someone to build their dream property. Property includes a pier. The lot dimensions are 45' x 112' totaling .12 acres. Taxes 2021 Pay 2022: $1,012.98 MInimum Opening Bid: $99,900 Sells to highest bidder at above opening bid! Owner: Joseph Kumstar Auctioneer's Note: This is a unique opportunity to buy two Lake Wawasee properties in one auction that are only one lot apart from each other. Lake Wawasee is the largest natural lake in Indiana and a true vacation destination. These properties are only minutes from the main body of water and conveniently located to WaWasee Boat Company and The Oakwood. Take the opportunity to purchase the most affordable property to come up on the lake in several years! General Terms: $10,000 non-refundable down payment per parcel to be paid within 24 hours of auction closing, closing in 30 days, sold as-is, possession at closing, warranty deed, taxes prorated and final to day of closing, and subject to a 10% buyer's premium. Buyer 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:$10,000 down payment within 24 hours of auction closing 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 - 99,999.00 100.00 USD
99,999.01 - 299,000.00 500.00 USD
299,000.01 - 299,999.00 100.00 USD
299,999.01 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 10% online minimum $3,500
Payment Terms
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.