THIS IS A COMPLETED SALE
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OLO Lakeside Marina Retirement Auction - Cedar Lake, IN
Previous Page Listing ID#: 1524893
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Auction Location |
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Cedar Lake, IN 46303 |
Auction Dates and Times |
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Bidding Starts: Monday Jul 17 Bidding Ends: Monday Jul 17 |
Auction Type |
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![Kraft Auction Service Kraft Auction Service](https://www.GoToAuction.com/img/logo/large/thumb_1470456511_showimage_cgi.jpg)
Company Information |
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Kraft Auction Service Contact: Jonathan Kraft Phone: 219-973-9240 Email: kraftauctioninfo@aol.com Website: www.kraftauctions.com GoToAuction.com ID#: 1980 View company information and listings |
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Listing Terms and Conditions |
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Auction Terms & Conditions Basic Auction Terms: Credit card on file will be run for payment. 15.4% buyer's premium plus applicable local and state taxes. Everything sold as is. Not responsible for accidents or items after being sold. All items must be removed by scheduled removal times, no exceptions! No refunds for items not picked up.
Auction Terms & Conditions Conditions of Sale
Kraft Auction Service LLC. AS AGENT
The lots listed in this catalog will be offered by Kraft Auction Service LLC. as owner or as agent for consignor(s) subject to the following terms and conditions. By bidding at auction you agree to be bound by these Conditions of Sale.
The lots listed in this catalog will be offered by Kraft Auction Service LLC. as owner or as agent for consignor(s) subject to the following terms and conditions. By bidding at auction you agree to be bound by these Conditions of Sale.
BEFORE THE SALE
Prospective buyers are strongly advised to personally examine any property in which they are interested before the auction takes place.. All lots are sold AS IS and without recourse and neither Kraft Auction Service LLC. nor its consignor(s) makes any warranties or representations, express or implied with respect to such lots. Neither Kraft Auction Service LLC. nor its consignor(s) makes any express or implied warranty or representation of any kind or nature with respect to merchantability, fitness for purpose, correctness of the catalog or other description of the physical condition, size, quality, rarity, importance, medium, material, genuineness, attribution, provenance, period, culture, source, origin, exhibitions, literature or historical significance of any lot sold. The absence of any reference to the condition of a lot does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging. No statement, whether written or oral, and whether made in the catalog, or in supplements to the catalog, an advertisement, a bill of sale, a salesroom posting or announcement, the remarks of an auctioneer, or otherwise, shall be deemed to create any warranty, representation or assumption of liability. Kraft Auction Service LLC. and its consignor(s) make no warranty or representation, express or implied, that the purchaser will acquire any copyright or reproduction rights to any lot sold. Kraft Auction Service LLC. expressly reserves the right to reproduce any image of the lots sold in the catalog.
AT THE SALE
Refusal of Admission: Kraft Auction Service LLC. has the right, at our complete discretion, to refuse admission to the premises or participation in any auction and to reject any bid.
Registration before Bidding
A prospective buyer must complete and sign a registration form and provide identification before bidding. We may require bank or other financial references.
Bidding as Principal
When making a bid, a bidder is accepting personal liability to pay the purchase price, including the buyer's premium, all applicable taxes and all other applicable charges, unless it has been explicitly agreed upon in writing with Kraft Auction Service LLC before the commencement of the sale that the bidder is acting as agent on behalf of an identified third party acceptable to Kraft Auction Service LLC., and that Kraft Auction Service LLC. will only look to the principal for payment.
Absentee Bids
We will use reasonable efforts to carry out written bids given to us at least 24 hours prior to the sale for the convenience of clients who are not present at the auction in person, by an agent or by telephone. Bids must be placed in U.S. dollars. If we receive written bids on a particular lot for identical amounts, and these are the highest bids on the lot at the auction, it will be sold to the person whose written bid was received and accepted first. Execution of written bids is a free service undertaken subject to other commitments at the time of the sale and we do not accept liability for failing to execute a written bid or for errors and omissions in connection with the written bid.
Telephone Bids
On lots with a low estimate of $500 and above and if a prospective buyer makes arrangements with us prior to the commencement of the sale we will use reasonable efforts to contact them to enable them to participate in the bidding by telephone and we do not accept liability for failure to do so or for errors and omissions in connection with telephone bidding. These telephone bids may be recorded at the discretion of Kraft Auction Service LLC.
Online Bids
We will use reasonable efforts to carry out online bids and do not accept liability for equipment failure, inability to access the Internet or software malfunctions related to the execution of online bids.
Reserves
Some lots in the sale are subject to a reserve which is the confidential minimum price below which such lot will not be sold. Reserves are agreed upon with consignors or, in the absence thereof, the absolute discretion of Kraft Auction Service LLC. The auctioneer may open the bidding on any lot below the reserve by placing a bid on behalf of the seller. The auctioneer may continue to bid on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response to other bidders. With respect to lots that are offered without reserve, unless there are already competing bids, the auctioneer, in his or her discretion, will generally open the bidding at half of the low estimate for the lot. In the absence of a bid at that level, the auctioneer may proceed backwards at his or her discretion until a bid is recognized, and then continue up from that amount.
Auctioneer's Discretion
The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw any lot, and in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to re offer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive. This auction permits bids to be placed by the auctioneer, an employee of the auctioneer, or the seller or an agent on the seller's behalf and is permitted to do this by providing this disclosure to the bidder.
Successful Bid
The highest bidder acknowledged by the auctioneer will be the purchaser. In the case of a tie bid, the winning bidder will be determined by the auctioneer at his or her sole discretion. In the event of a dispute between bidders, the auctioneer has final discretion to determine the successful bidder or to re-offer the lot in dispute. If any dispute arises after the sale, the Kraft Auction Service LLC. sale record shall be conclusive. Title passes upon the fall of the auctioneer's hammer to the highest acknowledged bidder subject to the Conditions of Sale set forth herein, and the bidder assumes full risk and responsibility.
AFTER THE SALE
Buyer's Premium
In addition to the hammer price, the buyer agrees to pay Kraft Auction Service LLC. a buyer's premium and the applicable sales tax added to the final total. The buyer's premium for purchases made via online bidding is fifteen point four percent (15.4%) of the hammer price.
Payment
The online buyers must pay the entire amount due (including the hammer price, buyer's premium, all applicable taxes and other charges) immediately at the conclusion of the sale. The credit card on file will be run immediately after the sale is concluded. If payment is declined, payment must be made the next day in U.S. dollars may be made with cash; credit card (Mastercard, Visa, Discover, American Express); bank check or cashier's check drawn on a U.S. bank; money order; or wire transfer unless other arrangements are made with Kraft Auction Service LLC. Kraft Auction Service LLC. reserves the right to hold merchandise purchased by personal check until the check has cleared the bank. The purchaser agrees to pay Kraft Auction Service LLC. a handling charge of $50 for any check dishonored by the drawee.
Collecting Purchases
Once Kraft Auction Service LLC. has received all funds due to us, the buyer shall collect purchased lots on the posted pick-up days from the auction. Any items not picked up on those days, will automatically be forfeited. Any forfeited items will be subject to a minimum administration fee of $25.
Packing and Shipping
We provide shipping as a service to our customers on all applicable winning items at the buyer's expense. We charge for labor to pack items, the cost of packing material, and the actual shipping cost. Larger items that are not marked as available for shipping or delivery may be available for 3rd party shipping or by freight transportation companies but is the sole responsibility of the buyer to make arrangements that fit within the stated pick-up dates and times of the auction. Please contact the office prior to bidding for inquiries. We do not provide shipping estimates on any items due to the large volume of and volatility of shipping costs.
Shipping lead times are usually 2-3 weeks maximum but during unusually busy times may unfortunately take longer. If you are bidding on an item that will require a specific lead time for shipping please contact our office prior to bidding for current estimated lead times.
Delivery may be available on certain items and is subject to additional fees as determined by the auction manager. Please contact our office prior to bidding for further information.
ONCE YOU BID AND BUY THE ITEM, IT IS YOUR ITEM AND YOU ARE RESPONSIBLE FOR APPLICABLE FEES. WE DO NOT REFUND BUYERS FOR ITEMS DUE TO COSTS ASSOCIATED WITH SHIPPING OR DELIVERY. A MINIMUM ADMINISTRATION FEE OF $25 WILL ASSESSED FOR ANY BUYER'S FORFEITING THEIR ITEMS DUE TO SHIPPING COSTS.
ANY ITEMS NOT PICKED UP OR REQUESTED TO BE TRANSFERRED TO ANOTHER KRAFT AUCTIONS FACILITY WILL BE CHARGED A MINIMUM $25 ADMIN FEE.
Non Payment
If we do not receive payment in full, in good cleared funds, within 24 hours following the sale, we are entitled in our absolute discretion to exercise one or more of the following measures, in addition to any additional actions available to us by law:
a.) to impose a late charge of one and a half percent (1.5%) per thirty (30) days of the total purchase price
b.) to hold the defaulting buyer liable for the total amount due and to begin legal proceedings for its recovery together with interest, legal fees and costs to the fullest extent permitted under applicable law
c.) to cancel the sale
d.) to resell the property publicly or privately with such terms as we find appropriate, to resell the property at public auction without reserve, and with the purchaser liable for any deficiency, cost, including handling charges, the expenses of both sales, our commission on both sales at our regular rate, all other charges due hereunder and incidental damages. In addition, a defaulting purchaser will be deemed to have granted us a security interest in, and we may retain as collateral security for such purchaser's obligations to us, any property in our possession owned by such purchaser. At our option, payment will not be deemed to have been made in full until we have collected funds represented by checks, or in the case of bank or cashier's checks, we have confirmed their authenticity.
e.) to offset against any amount owed
f.) to not allow any bids at any upcoming auction by or on behalf of the buyer
g.) to take other action as we find necessary or appropriate
Failure to Collect Purchases
Any items not picked up on the scheduled pick-up days will automatically be forfeited. If property is not picked up, whether or not payment has been made, Kraft Auction Service LLC. reserves the right to charge $10 per lot per day or to deliver said property to a public warehouse for storage at the purchaser's expense. Kraft Auction Service LLC shall have no liability for any damage to property left on its premises for more than the stated pick-up days following the sale. In addition, we reserve the right to impose a late charge of one and a half percent (1.5%) per month of the total purchase price if payment is not made in accordance with the conditions set forth herein. For property that is not picked up after thirty (30) calendar days, an additional administration fee of $75 will be charged. Property which is paid for but left on our premises for any reason in excess of sixty (60) calendar days is subject to sale by us with the balance of any funds recovered in excess of storage charges and any other fees being remitted to you.
TITLES
Once you have won a vehicle and payment is made in full, title paperwork will be completed in
our office. All titles must be assigned with the new buyer's name and address, date of sale,
selling price and total price paid as open titles are not permitted. An email verifying the
information for title assignment will be sent to you shortly after the auction. If you do not
respond to this email, titles will be assigned and forwarded to the name and address as it
appears on your invoice. You will be receiving the title and accompanying paperwork, including
but not limited to, a Bill of Sale and an Indiana Certificate of Sales Tax Paid, Form ST-108A, if
applicable (see below, Sales Tax.) Titles will be subject to a mandatory 10-14 day hold if
payment was made by check; however, Kraft Auction Service reserves the right to withhold the
title until we are certain payment has been secured. In addition, some titles may be in transit (if
indicated as such in the catalog), meaning that Kraft Auction Service does not have the title in
its possession at the time of the auction. These titles will be forwarded to you immediately upon
receipt by Kraft Auction Service.
Titles will be shipped using UPS with tracking and insurance and your signature will be required.
Please check your email as our shipping platform, Shipping Saint, will send you a message
notifying you of title shipment which will include a tracking number for your reference. It is the
buyer's responsibility once the title is shipped to secure delivery.
Titles legally need to be transferred into the new buyer's name within 30 (thirty) days of receipt
of title. Kraft Auction Service will not be held responsible for contacting sellers for replacement
titles if lost, stolen or otherwise, or for any other documentation after this 30 (thirty) day period.
SALES TAX
All sales of vehicles, trailers, watercraft and aircraft by Kraft Auction Service are subject to
Indiana sales tax of seven percent (7%) and will be applied to all purchases accordingly. The
actual price paid for the vehicle is the hammer price plus the buyer's premium and this is the
final sale price which is taxed pursuant to Indiana law. Vehicles retrieved from our facility will be
subject to Indiana sales tax regardless of the state you live in, unless retrieval is by a legitimate
transport company. Exemptions for titled vehicles can be claimed only by a licensed dealer or
trucking company, and a copy of said license must be on file with Kraft Auction Service along
with a completed General Sales Tax Exemption Certificate. In some instances and in
accordance with the State of Indiana Department of Revenue Information Bulletin #20, if an
auction is held on a consignor's property, Kraft Auction Service is not required to collect sales
tax; therefore, it must be paid at the time of title transfer/registration.
LIABILITY
Condition Reports
Kraft Auction Service LLC. is not responsible for the correctness of any statement of any kind concerning any lot, whether written or oral, nor for any other errors or omissions in description or for any faults or defects in any lot. Neither the seller, ourselves, our officers, employees or agents, give any representation, warranty or guarantee or assume any liability of any kind in respect of any lot with regard to merchantability, fitness for a particular purpose, description, size, quality, condition, attribution, completeness, authorship, authenticity, rarity, importance, medium, provenance, exhibition history, literature or historical relevance. Except as required by local law any warranty of any kind whatsoever is excluded by this paragraph. Items under $1,000 are collated upon request.
Purchased Lots
If for any reason a purchased lot cannot be delivered in the same condition as at the time of sale, or should any purchased lot be stolen, mis-delivered or lost prior to delivery, Kraft Auction Service LLC. shall not be liable for any amount in excess of that paid by the purchaser.
Legal Ramifications
The rights and obligations of the parties with respect to these Conditions of Sale, the conduct of the auction and any matters connected with any of the foregoing shall be governed and interpreted by the laws of the jurisdiction in Indiana. If any part of these Conditions of Sale is found by any court to be invalid, illegal or unenforceable, that part shall be discounted and the rest of the conditions shall continue to be valid to the fullest extent permitted by law.
Discretion
Any and all of the conditions may be waived or modified in the sole discretion of Kraft Auction Service LLC
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Listing Information |
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Online Only
Lakeside Marina Retirement Auction
Lots Begin to Close July 17th @ 5pm CDT
Auction Preview: July 17th 12pm-4pm
Auction Pick-up: July 18th and 19th 9am-4:30pm
Located at 14420 Morse St Cedar Lake, IN.
JCB Skid Steer - Nissan Forklift - Century Restored Wood Boat - Pontoon Trailers
Brand New Honda 90 Outboard - Marina Supplies - Complete Store Inventory and More!
Owner: Lakeside Marina
Terms: Credit card on file will be run for payment. 15.4% buyer's premium. 7% Indiana sales tax on all lots retrieved from our facility. Items shipped from our location may require us to collect sales tax based on the state to which items are being shipped. Sales tax will be determined at time of shipping. Everything sold as is. Not responsible for accidents or items after sold. All items must be removed by scheduled removal times, no exceptions! No refunds for items not picked up.
Kraft Auction Service, LLC. - AC30900120
Col. Conrad Kraft- AU01023657
Jonathan Kraft AU10500173
219-973-9240 ~ Info@KraftAuctions.com
KraftAuctions.com
1 2004 JCB Robot Skid Steer Loader 170 Model 80/1269/EEC VIN SLP170WS4E0683499 Diesel 1143.4 Hours Runs Bucket Size Appr 64 x 29 in Weight 2545kg 2 Nissan 90 Forklift
Model BGF03A40V
Type G 187 in Lift Height Max Load Center 24 in , 28 in , 32 in Pneumatic Tire 74070 Hours Runs Liquefied Petroleum Gas Appr 6ft Wide , 11 ft Long Forks 5ft 9in 3 1974 Century Resorter 16 ft Runabout Inboard Boat Model Resorter 16 HIN CEB4A091M74D Fiberglass Hull Material 1977 Shoreland Ball Hitch Trailer SAE Class 2 Trailer Vin 7H0494 Single Axle Fuel : Gasoline Title For Boat And Trailer Can Run, Needs New Battery Hours Unknown 4 Hoosier Boat Trailer
ST145R12 LRD
6000 lbs Cap Ball Hitch Hydraulic 5-4.5 RIM Trailer Appr 25 ft Tongue Appr 6 ft Total Appr 31 in **Certificate of Origin** 5 Wood Bed Trailer
Double Axle Beavertail Sloped Extension Trailer 25 ft Tongue 4ft 4in Total Appr 30 ft Ball Hitch No Title 6 Hoosier 2017 Pontoon Boat Trailer Double Axel Hydraulic Trailer Appr 25ft Tongue Appr 6ft All Together Appr 31 ft **Certificate of Origin** 7 American Honda 190-3295 Joliet No. J501949 Boat Motor 90 VTEC BF90DK5 Appr 5ft 7 Sierra Stats Touch & Test System, Serial # 320748 *In Store Behind Front Desk* 8 Mercury 30e Mariner Outboard Motor serial 689 411628, 51"x26" 11 Marine Power USA Model 357F900 Outboard Boat Motor 49"x26" 11 Mercury KiekHaefer 9.8 HP Thunderbolt Ignition, 2847925, 42"x26" With Boat Motor Stand 13 Evinrude 5 1/2 hp Fisherman Outboard Motor Serial Number 5520-13690 14 Montgomery Ward Sea King 5 Model GG8960A Outboard Motor 41"x19" 17 Two Wheeled Pontoon Dollies
Bidding 4x The Price Appr 25x18 in 18 Two Wheeled Pontoon Dollies
Bidding 4x The Price Appr 25x18 in 19 Two Wheeled Pontoon Dollies
Bidding 4x The Price Appr 25x18 in 20 Two Wheeled Pontoon Dollies
Bidding 4x The Price Appr 25x18 in 21 Two Wheeled Pontoon Dollies
Bidding 4x The Price Appr 25x18 in 22 Two Wheeled Pontoon Dollies
Bidding 4x The Price Appr 25x18 in 23 Two Wheeled Pontoon Dollies
Bidding 4x The Price Appr 25x18 in 23 Two Wheeled Pontoon Dollies
Bidding 3x The Price Appr 25x18 in 24 Two Wheeled Pontoon Dollies
Bidding 2x The Price Appr 25x18 in 25 Two Wheeled Pontoon Dollies
Bidding 4x The Price Appr 15x20 in 26 Two Wheeled Pontoon Dollies
Bidding 4x The Price Appr 15x20 in 27 Two Wheeled Pontoon Dollies
Bidding 4x The Price Appr 15x20 in 36 36 Assorted Casters and Cart Wheels
Condition unknown Up to 10in 36 Wooden Floor Dollies
Approx 30x18in
Bidding 2 times the money 36 Hewitt Large Retractable Boat Lift Wheel Kit, Disassembled Condition unknown 39 Husky FTB Folding Tow Bar 30508
5000 lbs Cap Appr 3ft 5in 47 Remington 50 Portable Forced Air Heater 28724 Appr 30x12x13 in 48 50 3 Ton Jack Stands
Model P38846
Bidding 2x The Price Appr 12 in 55 Engine Starter And Battery Charger
40 Amp Charge , 225 Amp Engine Start Model 934.718460 Appr 12x12x31 in 57 Craftsman 16 Gallon Double Insulated Wet Dry Vac w/ Extensions Appr 30 in 58 Budgit 1/4 Ton Electric Chain Hoist
Model Unknown Appr 20 in 59 CM Chain Hoist Model WL w/ Cable Winch 1 Ton Cap Appr 21x12 in 61 Manual Hoist Beam Trolley Appr 10x14 in 62 Panther Trim and Tilt Mod. 135 Motor Component Condition unknown Approx 17x12in 63 Pair of Metal Pontoon Dollies
One is missing a wheel Condition unknown Approx 23x15in Bidding 2 times the money 65 Central Pneumatic 40lb Capacity Pressurized Sandblaster Mod. 34202 Condition unknown Approx 34in 79 Plano "Troll" and Frabill Flow Troll (bidding 2 times the money) 90 UL Solar Inc. Solar Panel 26"x21" On Post 4', 38"x14" on 5' Post and 13"x13" Solar Panel 92 Suncast Storage Trends Heavy Duty 30lb Capacity Stacking Drawers Approx 18x18x9in Bidding 7 times the money 93 Cooper Lighting Mod. MHSS-M-400-MT-BZ-2V728 Lamps Condition unknown Bidding 5 times the money 94 Cooper Lighting (5) 2V731-A Aluminum Light Shades Total 5 and GE Multi- Vapor Lamp 99 SEARS Heavy Duty Motor Oil Can and All-State Motor Oil Can 10 Qt (bidding 2 times the money) 100 AMOCO Amolube Motor Oil Can and Silver Shield Motor Oil Can 5 Gal (bidding 2 times the money) 103 104 Hewitt MFG 3 Step Dock Stairs with Railing 63" Rail 26"x38"x29" 106 107 Assorted Replacement Boat Tail Lamp Lenses, Gaskets and Box Fan Condition unknown Approx 22x22in 108 Tohatsu RC Outboard Throttle Remote Control Box Condition unknown 110 Assorted Outboard Starters Inc. Mercury and more Condition unknown 111 Shore Commander Mod. LWHDDS110N Direct Drive Condition unknown 112 Parts to Outboard Throttle Remote Control Boxes condition unknown 113 R0eese Trunnion Spring Bars w/ Chain Approx. 24" Bidding 2x Money 114 Reese 2.5" Trailer Hitch Reducer Sleeves #58102 Bidding 2x Money 120 Master Lock Adjustable Height Zero Tilt Trailer Hitch w/ Uhaul 2 5/16" Tow Ball 121 Weight Distributing Trailer Hitch with Tow Ball Approx 18in 122 Reese Weight Distributing Trailer Hitch with Tow Ball Approx 20in 124 Shore Station Mod. 7046166 HCD Swing Arm with Mod. HA0102 Centering Guide Kit Approx 6ft 125 Boat Dock Bumpers Approx 43x12inBidding 2 times the money 127 Hewitt Mod. LWTRAN Boat Transportation Bar Condition unknown Approx 8ft 129 Craftsman Mod. 917.376542 EZ Walk Variable Speed Lawn Mower Condition unknown 130 Adjustable Pontoon Rack Bed Tube Set
Condition unknown Approx 14ft x3in x 33in Bidding 2 times the money 131 Husky Blue Shrink Wrap Roll in box
Approx 17x175ft, 2975sq. ft. Total 132 Pair of Solid Wood Bifold Doors
Approx 84x40in when extended Bidding 2 times the money 133 Pair of Solid Wood Bifold Doors
Approx 84x40in when extended Bidding 2 times the money 134 Wave Armor Kayak Rack for Wave Deck
Approx Mod. 21960 Condition unknown Approx 6x3.5ft |
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