OLO Morgan Township Real Estate Auction - Min. Bid $374,900
Open House: May 24th 10am-12pm. Can't make it? Call for a private showing.
Online Only
Real Estate Auction
Bidding Begins to Close June 5th @ 5:30pm CDT
Located at 72 Sheila Lane Valparaiso, IN.
Take this opportunity to buy one of the finest homes and properties in Morgan Township. After 38 years of single family ownership, this beautiful home is being sold at public auction. Built in 1984 this bi-level single family home features over 3400 square feet of total living space including 4 bedrooms and 3 baths. On the main floor is a remodeled kitchen with shaker style cabinets, dining room, and a beautiful sitting room with a fireplace and large picture windows to enjoy those country views. Also on the main level is the 4 bedrooms with the master being 600+ total square feet with two large walk in closets, large master bath, fully remodeled full bath, and 3 bedrooms with hardwood floors. Then to enjoy the beautiful outdoors, walk out on to your 345 square foot wood deck with outdoor lighting and a custom spiral staircase to get to the backyard.
Attached to the home is a 2.5 car garage that includes cabinets for all your storage needs. Then when you walk into the home you have custom coat and shoe closet. On the ground floor is the perfect space for all your entertaining needs. There is a large open area that was previously was a game room, there is fully remodeled bathroom, and then a sitting area with a brick fireplace. You can then walk outside to a screened in porch area. The home also features a Generac whole home back-up generator.
Then we walk outside to what makes this home truly special, the 0.53 acre lot. The home is located at the end of a dead-end street and is surrounded by a wooded lot and corn fields. The lot also has mature trees, beautiful landscaping and plants throughout the yard. In the backyard under the porch is a swing for adults, and then in the backyard is a swing set for the children. Every night you will enjoy beautiful sunsets at the property.
Opportunities like this do not come up often in Morgan Township, and when they do you have to take advantage because this home might not come available for another 38 years. Taxes 2024 Pay 2025: $2,667.88 (with exemptions).
Minimum Opening Bid: $374,900.00
"Sells to the highest bidder at or above the opening bid!"
Open House: May 24th 10am-12pm. Can't make it? Call for a private showing.
Owner: David and Martha Sharp Revocable Trust
General Terms: $10,000 non-refundable down payment per parcel due within 24 hours of sale closing, sold as-is, closing in 30 days, possession at closing, trustee deed, taxes pro-rated and final to day of closing, published minimum bid $374,900, and subject to a 10% buyer's premium, whichever is greater. 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
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%, 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.