DOWN PAYMENT: 10% non-refundable down payment per parcel immediately after the auction 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 5%, with a minimum of $3500, 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.

Major Porter County 116 Acre Land Auction November 15, 2022 6:00pm CDT Auction Location: Kraft Auction Facility 48 N 450 E Valparaiso, IN. Parcels 1-4 located at 329 E Division Valparaiso, IN. Parcel 5 located at 22 S 400 E Valparaiso, IN. Parcel 1: Located at 329 E Division this original farmstead in Washington Township can make the perfect starter home or investment property. On an approximately 2.5+/- acre corner lot this property features a 1930 ranch home with 496 square feet of space, 2 bedrooms,1 bath, and a basement. The home is currently rented on a month to month basis. Detached from the home is a 308 square foot garage, older 640 square foot barn that has been restored for storage use, a restored corn crib for additional storage, and a 2940 square foot pole barn. The three larger barns have all been rented and income producing previously, but all tenants will be vacated by closing. Property Zoning: I-1. Parcel ID: 64-10-33-300-009.000-020. Taxes 2021 Pay 2022: $1,797.88 (no exceptions and subject to parcel survey). Parcel 2: Located at approximately 339 E Division this property features 1.5+/- acres and a finished pole barn built in 2010. This 6864 square foot pole barn features finished interior, heat, A/C, partial concrete floor, 3 overhead doors, 2 man doors, and a covered porch area. Building was set-up to be an automotive shop, but was never fully completed. Building comes with a septic tank and supplies to put in a septic system. Building has been well maintained and used very little over the years. Property is zoned I-1. Taxes 2021 Pay 2022 for parcel 2 and 3 combined: $1,016.78. Parcel 3: This 29 +/- acre parcel features 1400 feet of frontage on Division. Majority of the soil is Door Loam and the remainder is mostly Tracy Sandy Loam. On the northside of the parcel is a railroad track, and gives the potential for a railroad spur. Property is zoned I-1. Parcel ID: 64-10-33-400-005.000-020. Taxes 2021 Pay 2022 for parcel 2 and 3 combined: $1,016.78. Parcel 4: This 26.4 +/- acre parcel features 500 feet of frontage on Division and 1100+ feet of frontage on 325 E. The soil type on the property is Door Loam. On the northside of the parcel is a railroad track, and gives the potential for a railroad spur. Property is zoned I-1. Parcel ID: 64-10-33-300-007.000-020. Taxes 2021 Pay 2022: $846.42 (including buildings in parcel 1). Parcel 5: This 56.71 acre parcel located in Morgan Township is almost fully tillable and currently being farmed. The parcel soil types are predominately Door Loam, Tracy Sandy Loam, and Elston Loam. This prime farm ground also has the opportunity for residential development being located in the highly coveted Morgan Township. Just to the north of this property is the full developed Briarwood Estates subdivision which has two different roads connecting to this property for future development. Also on the east side of the property in recent years for modern homes have been built. This property was previously approved for development, and gives buyers a great opportunity to build a subdivision in Morgan Township. Parcel ID: 64-13-04-251-003.000-008. Taxes 2021 Pay 2022: $1109.46. Online Bidding @ KraftAuctions.com Open House: Kraft Auction staff will be at parcel 1 October 30th 11am-1pm. The property will be open for inspection and staff will be onsite to answer questions on any parcel. Land parcels can be inspected during daylight hours. Auction Format: This will be a multi-parcel auction. Buyers will have the option to buy one parcel, any combination or the entirety. Auctioneer's Note: Here is a rare opportunity to buy some of the most desirable property in Porter County. The north parcel has endless possibilities for industrial development and is located only minutes from the largest industrial complex in Valparaiso. Parcel 5 gives farmers a great opportunity to buy some high quality farm ground, but gives residential developers the chance at a prime development parcel in Morgan Township. Do not pass up this opportunity and do not miss this auction! Owner: Dean and Michelle Williamson Terms: 10% non-refundable down payment immediately after the sale, sold as-is, closing in 30 days, possession at closing subject to farm tenant rights, warranty deed, taxes pro-rated and final to day of closing, sells with seller's confirmation, and subject to a 5% buyer's premium. If parcels 1-4 are sold separately, the cost of the survey is split equally between buyers and seller. 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