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. ONLINE BIDDERS: All online bidders will be required to abide by the same terms. They will be required to complete the purchase agreement within 24 hours from the auctioneer declaring the property sold at the auction. 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.

Absolute Real Estate Auction Saturday November 18, 2017 1:00pm CDT Located at 1820 E. Elm Street Griffith, IN. From 45th and Colfax, go south on Colfax .5 miles to Elm Street. Turn east and go .8 miles to property on the north side of the road. "Watch for Kraft Auction Signs!" Outstanding investment opportunity being sold at absolute auction! This property features 2 residential homes, steel pole barn and .72 acre lot. The front home built in 1959 features 848 square feet of space, 2 bedrooms, 1 bath, and an attached 1 car garage. The second home built in 1953 features 728 square feet of space, 2 bedrooms, 1 bath, and has been recently remodeled. Everything is brand new inside this second home. Included with the property is a 1200 square foot FBI steel building. The building has 2 overhead doors, cement floor, and roughed in plumbing. This propety is perfect for any investor or for the owner/occupant that wants extra income while enjoying their home and barn! Sells to highest bidder regardless of price. Taxes 2016 Pay 2017: $3,343.72 (no exemptions and taxed at 2% rate). Open house: Nov. 11th 10am-12pm. Can't make it? Call for a private showing. Owner: Schneider Family Trust 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, absolute auction, and 10% buyer's premium. Kraft Auction Service LLC Col. Conrad Kraft - AU01032667 Jonathan Kraft - AU10500173 219-973-9240 - Info@KraftAuctions.com KraftAuctions.com