November 15, 2022 6:00pm CDT

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