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 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 Real Estate Auction Bidding Begins to Close November 6th @ 6:00pm EST Located at 12358 N. Kings Dr. Syracuse, IN. Here is a property with so much potential and it has a private beach on Lake Wawasee! Only steps away from the largest natural lake in Indiana is this ranch home originally built in 1922 and features 1,056 square feet of space, 2 bedrooms and 1 bath. For additional storage there is 10' x 12' storage shed that was built in 2004. The home has a fenced backyard and sets on a 0.13 acre lot. The property is in the Kale Island Association and includes private beach access to Lake Wawasee. This property is the perfect summer cottage for you and your family, a great opportunity for a short-term Airbnb rental, or an extra home to go with your lakefront for extra guest space. The home is conveniently located only minutes from downtown Syracuse and all the amenities the area has to offer. Do not miss your opportunity on this home, as these cottages do not come up for sale often! Taxes 2023 Pay 2024: $179.32 (with exemptions). HOA Dues: $100 annually. Open House: October 26th 1pm-3pm. Can't make it? Call for a private showing. Owner: Dennis Koselke General Terms: $10,000 non-refundable down payment immediately after the sale, 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 Kyle Dukes - AU12400074 Managing Broker: Jay Mayden 574-516-9395 - 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com