DOWN PAYMENT:10% 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 Trusteee 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.

Online Only Lake Tippecanoe Real Estate Auction Bidding Begins to Close May 30th @ 6pm EST Located at 3739 E Forest Glen Ave. Leesburg, IN. Get away from it all at this Lake Tippy property! Built in 1990 this two-story home features 2457 square feet of space on the two floors including 3 bedrooms, 2.5 baths, and custom finished home with hardwood floors, limestone fireplace in the great room and a large kitchen. The full basement is partially finsihed and includes a pool table for your enjoyment! Attached to the home is a two-car garage. For additional storage there is a 12' x 12' storage shed. The backyard is fenceed and includes kids playground set. The home sets on a 0.76 acre lot. Included with the sale of the home is a deeded easement on Lake Tippecanoe. This 15' easement gives you access from the road to the lake, and includes a pier with a large area for sitting and enjoying the lake. Get access to the lake at a fraction of the cost of a lakefront home! Taxes 2023 Pay 2024: $3,597.36 (taxed at 2% rate with no exemptions). Minimum Opening Bid: $199,900 "Sells to the highest bidder at or above opening bid!" Open House: May 18th 1pm-3pm. Can't make it? Call for a private showing. Owner: Kevin Bestul General Terms: 10% non-refundable down payment due within 24 hours of auction closing, sold as-is, closing in 30 days, possession at closing, warranty deed, taxes pro-rated and final to day of closing, published minimum bid $199,900, 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 Managing Broker: Jay Mayden 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com