DOWN PAYMENT: $10,000 non-refundable down payment per parcel 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% 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. Lots in the sale are subject to a reserve unless stated as an absolute auction, 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. 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.

Online Only Absolute Real Estate Auction Bidding Begins to Close August 23rd @ 6:30pm CDT Located at 220 Morningside Ave Gary, IN. This mid-century style home in the desirable Morningside subdivision in Calumet Township is being sold to the highest bidder regardless of price! Built in 1957 this two story home features over 4100 square feet of finished space with 4 bedrooms, 2.5 bath, and large fireplace in the great room. Attached to the home is a two car garage. In the rear of the property is a second entrance that is gated, concrete parking area and a detached garage that was built in 2004 and has 576 square feet of space. Home sets on a 0.26 acre lot. This propety has endless potential and is located in one of the most desirable subdivisions in Gary. Taxes 2022 Pay 2023: $2,176.94 (with exemptions). Sells to the highest bidder regardless of price! No Minimum, No Reserve! Open House: August 11th 2pm-4pm. Can't make it? Call for a private showing. Owner: Kenneth Barnes Living Trust General Terms: $10,000 non-refundable down payment 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, absolute auction, and subject to a 10% buyer's premium. Buyer broker participation is welcome. Kraft Real Estate Auctions, LLC - AC31900011 Col. Conrad Kraft- AU01023657 Jonathan Kraft � AU10500173 Managing Broker: Jay Mayden 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com