OLO ABSOLUTE 3 Vacant Land Parcels Real Estate Auction
During daylight hours.
Online Only
Absolute Land Auction
Bidding Begins to Close April 17, 2025 @ 6:00pm CDT
Parcel 1: 3.97+/- acres of vacant wooded land, Valparaiso, IN 46383
Parcel #: 64-07-19-101-002.000-006. 3.97+/- acres of vacant wooded land located in Porter County, Liberty Township, Valparaiso, IN. Northeast corner of the property is located at approximately 166 E 900 N, Valparaiso, IN. This parcel has approximately 323 ft of frontage along N Calumet Ave as its eastern boundary as well as approximately 964 ft of frontage along E 900 N as its northern boundary. CSX railroad serves as the southern boundary. This property falls within Duneland School Corporation. Soil types include Riddles silt loam and Ozaukee silt loam with 2-6% slopes. Taxes 2023 pay 2024: $786.12, Storm Water System User Fee: $120.
Parcel 2: 0.62+/- acres of residential vacant land, Merrillville, IN 46410
Located at 6775 E 84th Dr, Merrillville, IN 46410
Parcel #: 45-13-20-352-012.000-046. 0.62+/- acres of residential vacant land located in the Grand Heights subdivision of Lake County, Ross Township, Merrillville, IN. This parcel has approximately 110 ft of frontage along E 84th Dr as its northern boundary and is approximately 245 ft deep. This property falls within Merrillville Community School Corporation. Predominant soil types include Ozaukee silty clay loam with 6-12% slopes and Ozaukee silt loam with 2-6% slopes. Taxes 2023 pay 2024: $101.18, Little Cal River Basin : $45.00, Merrillville Conservancy: $10.00
Parcel 3: 4.73+/- acres of vacant land, Crown Point, IN
Located at 7200 E 83rd Ave, Crown Point, IN 46307
Parcel #: 45-13-20-326-012.000-030. 4.73+/- acres of vacant land located in Lake County, Ross Township, Crown Point, IN. This parcel has frontage along E 83rd Ave as its southern boundary and is approximately 1044 ft deep. This property falls within Merrillville Community School Corporation. Predominant soil types include Ozaukee silt loam with 2-6% slopes and Ozaukee silty clay loam with 6-12% slopes.. Taxes 2023 pay 2024: $562.58, Little Cal River Basin: $45.00, Storm Water: $24.00
Owner: Sally Smith
General Terms: $10,000 non-refundable down payment due within 24 hours of auction closing, sold as-is, closing in 30 days, possession at closing, warranty deed, taxes pro-rated and final to day of closing, and subject to a 10% buyer's premium or $3,500, whichever is greater. Buyer broker participation is welcome.
Kraft Real Estate Auctions, LLC - AC31900011
Col. Conrad Kraft- AU01023657
Jonathan Kraft – AU10500173
Kraft Land and Farm Manager: Kelsey Koomler 219-608-4341
574-516-9395 - 219-973-9240 ~ Info@KraftAuctions.com
KraftAuctions.com
SOFT-CLOSE WITH LINKED BIDDING: This is a soft-close auction with all lots linked together for extended bidding. So if one lot gets a bid, all lots time will extend.
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% or $3,500, whichever is greater, 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 within 24 hours following the close of the auction.
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 legal descriptions. 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.