OLO Real Estate Auction - Porter, IN - Min. Bid $189,900
Open House: August 1st 10am-12pm. Can't make it? Call for a private showing.
Online Only
Real Estate Auction
Bidding Begins to Close August 10th @ 5:30pm CDT
Located at 120 E. Oak Hill Road Porter, IN.
Take the opportunity to bid on this beautiful limestone ranch home that is located within minutes of everything Porter has to offer. Built in 1955 this custom home features 1383 square feet of finished space on the main floor with 3 bedrooms, 1 bath, screened in back porch, limestone fireplace and hardwood floors. The kitchen has been recently remodeled with new countertops, cabinets and stainless-steel appliances. Additionally, the bathroom has been updated with a new sink and glass shower. There is an additional 3/4 bathroom in the garage ready for the new owner to finish. The home also has a full 1383 square foot unfinished basement. Attached to the home is a two-car garage. For additional storage there is a detached 438 square foot garage in the backyard that also includes a backup generator. The home sets on a 0.948-acre double lot (two parcels) with many mature trees. Taxes 2025 Pay 2026: $3,174.22 (with exemptions).
Minimum Opening Bid: $189,900.00
"Sells to highest bidder at or above the opening bid!
Open House: August 1st 10am-12pm. Can't make it? Call for a private showing.
Owner: Lindsey France, Spencer McWhirter, Roger & Ellen France
General Terms: $10,000 non-refundable down payment due within 24 hours of sale closing, sold as-is, closing in 30 days, possession at closing, warranty deed, taxes pro-rated and final today of closing, minimum opening bid of $189,900, and subject to a 10% buyer's premium. Buyer broker participation is welcome with pre-auction registration.
Kraft Real Estate Auctions, LLC - AC31900011
Col. Conrad Kraft- AU01023657
Jonathan Kraft – AU10500173
Managing Broker: Jay Robert 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, cashier's 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. (Winning bid + Buyer’s Premium = Contract Purchase Price).
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.
