THIS IS A COMPLETED SALE
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Residential Real Estate Auction - Gary, IN
Previous Page Listing ID#: 47621
Auction Location |
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Gary, IN 46402 |
Auction Dates and Times |
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Saturday Sep 30, 2017 Completed |
Auction Type |
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Live Auction VIEW ONLINE CATALOG |
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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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.
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Listing Information |
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Real Estate Auction
Saturday Septmeber 30, 2017 10:00am CDT
Located at 574 Johnson St. Gary, IN. From US 20 and Broadway go west on US 20/4th Ave 1 mile to Grant Street. Turn south and go .1 miles to 5th Ave. Turn east and make an immediate turn to the south on Johnson and go .1 miles to the home. "Watch for Kraft Auction Signs!"
Up for auction is a nice home for any investor, rehabber or someone wanting to move in and make it their own! This 1922 home features 1944 square feet of space, 3 bedrooms, 1 bath, hardwood floors, fireplace, and full unfinished basement. Home sets on a .15 acre lot. A great location from major roads and within walking distance of the Methodist Hospital. Taxes 2016 Pay 2017: $664.12 (with exemptions)
Minimum Opening Bid of $3,000
Open House: Sunday September 24th 12-2pm. Can't make it? Call for a private showin.
Owner: Centier Bank
Terms: $5,000 non-refundable down payment, sold as-is, closing in 30 days, possession at closing, warranty deed, taxes pro-rated and final at closing, stated opening bid of $3,000, and 10% buyer's premium or $3,500 whichever is greater.
Kraft Auction Service LLC
Col. Conrad Kraft- AU01032667
Jonathan Kraft – AU10500173
219-973-9240 ~ Info@KraftAuctions.com
KraftAuctions.com
Sold in conjunction with Dan Durochik and Coldwell Banker |
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