OLO Michigan City Real Estate Auction
Open House: January 18th 11am-1pm. Can't make it? Call for a private showing.
Online Only
Real Estate Auction
Bidding Begins to Close January 29th @ 5:30pm CDT
Located at 6241 North 300 West Michigan City, IN.
Step into comfort and convenience with this well-maintained ranch-style home nestled on a serene 0.569-acre lot. This property offers a perfect blend of rural tranquility and modern updates, making it a fantastic opportunity for homeowners and investors alike. Built in 1944 this ranch home features 891 square feet on the main level, offering a cozy and functional layout with 2 bedrooms and 1 bath. Full, unfinished basement with washer and dryer hookups—ideal for storage or future projects. Recent updates include:Central air conditioning (2022), Main level flooring (2021), Furnace (2021), Exterior painting (2021), Vertical well system for fresh water (2020), Garage door (2020), Stove (2022) and Water heater (2024).Attached 1-car garage, additional detached garage, and a spacious driveway for extra parking. A fully fenced private backyard provides an ideal spot for relaxing or entertaining. Enjoy the benefits of a rural location while being part of the Michigan City school district. With its thoughtful updates and peaceful setting, this home is ready for its next chapter. Whether you're searching for a starter home, an investment property, or a quiet retreat, this auction offers incredible value. Make it yours! Taxes 2023 Pay 2024: $384.52 (with exemptions).
Open House: January 18th 11am-1pm. Can't make it? Call for a private showing.
Owner: Paula Nichols
General Terms: $10,000 non-refundable down payment per parcel to be made within 24 hours of the conclusion of the auction, sold as-is, closing in 30 days, possession at closing, warranty deed, taxes pro-rated and final to day of closing, sells with seller's confirmation, and subject to a 10% buyer's premium. Buyer broker participation is welcome.
Kraft Real Estate Auctions, LLC - AC31900011
Col. Conrad Kraft- AU01023657
Jonathan Kraft – AU10500173
Listing Broker: Kelsey Koomler
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% 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 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.