"LIVE" 2 Parcel Lake Wawasee Real Estate Auction - Syracuse, IN

Preview Starts and Ends

Open House: July 5th 12pm-2pm and July 19th 10am-12pm. Can't make it? Call for a private showing.

Live and Online

2 Parcel Real Estate Auction

July 28th @ 6:00pm EDT

Properties located at 10429 and 10461 Moore Street Syracuse, IN.

Auction located at the Kraft Auction Facility 416 S. Huntington Street Syracuse, IN.

Parcel 1 - 10429 Moore Street Syracuse, IN: Built in 1995 this two-story home is on the corner lot of the channel with 160+ feet of water frontage that leads you right to Lake Wawasee! This home features 2,750+ square feet of living space including 5 bedrooms and 2.75 baths. On the main floor is the primary bedroom with ensuite bathroom and walk-in closets, second bedroom that most recently was used as an office, dining room, kitchen, laundry room, and large living room with vaulted ceiling and full glass doors and windows that walk outside to your deck that overlooks the channel. The deck also has a retractable awning for extra shade when needed. On the second floor are three large bedrooms and a full bathroom. The home also features a geothermal system, whole home vacuum system and a back-up generator. Attached to the home is a 2.5 car garage. The home features well maintained landscaping and antique light poles to bring character to the home. The home sets on an approximately 0.13 acre lot. 

Parcel 2 - 10461 Moore Street Syracuse, IN: Built in 1952 is this very well maintained and ready to move-in to Lake Wawasee channel home. This home features 720 square feet of living space, 2 bedrooms, and 1 bath. The home also has 12' x 24' wood deck to enjoy the summer days on. Detached from the home is a 24' x 30' garage that was built in 1960. The home and garage set on a 0.13 acre lot and has approximately 50' of channel frontage. This home is currently being used as a rental property, and the current tenant is on a month to month lease.

Taxes 2024 Pay 2025 for the combined parcels 1 and 2: $3,689.52 (with exemptions). 

Open House: July 5th 12pm-2pm and July 19th 10am-12pm. Can't make it? Call for a private showing.

Owner: Baumgartner Trust

Auction Format: This will be a multi-par real estate auction. Buyers will have the option to buy one parcel or the entirety.

General Terms: $25,000 non-refundable down payment per parcel, sold as-is, closing in 30 days, possession at closing, trustee deed, taxes pro-rated and final to day of closing, sells with seller's confirmation, and subject to a 5% buyer's premium. Buyer's may obtain financing, but sale is not contingent on financing. Buyer broker participation is welcome.

Kraft Real Estate Auctions, LLC - AC31900011

Col. Conrad Kraft- AU01023657

Jonathan Kraft – AU10500173

Kyle Dukes - AU12400074

Managing Broker: Jay Mayden

574-516-9395 - 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.

416 S Huntington St, Syracuse, Indiana, 46567-1805