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.

199 Acre Farmland Auction November 9th, 2021 6pm CDT Auction Location: Kraft Auction Facility 48 N 450 E Valparaiso, IN. Parcel 1: 10+/- Acres - Residential Home - 2 Barns Located at 510 E 100 S Valparaiso, IN. Our first parcel up for auction is the Grieger homestead including 10 acres, residential home and 2 barns. The two story home features 2188 square feet of space. The home is in need of repair and remodeling. Also on the parcel is a 2688 square foot pole barn machine shed and a 1196 square foot livestock barn with small fenced pasture. The home sets on 2.5 acres with mature trees and approximately 7.5 acres of tillable ground.Taxes 2020 Pay 2021: $1,979.40 (with exemptions and total taxes for parcel 1 and 2). Parcel 2: 30+/- Acres Located at 510 E 100 S Valparaiso, IN. This L shaped parcel is mostly tillable acreage consisting of sandy loam soil types. Parcel 3: 109.6 Acres Located at 510 E 100 S Valparaiso, IN. This 109.6 acres being offered in one parcel consists of approximately 101 acres of tillable ground and 8 acres of woods. There is a small equipment shed on the parcel too. The property has 1600+ feet of frontage on 100 South and a creek running the eastern border of the property. The soil types consist of Sebewa and Pinhook loam. Taxes 2020 Pay 2021: $2,270.38. Parcel 4: 30 Acres Located at approximately 450 E 200 S Valparaiso, IN. Parcel ID: 64-13-15-200-002.000-008 This 30 acre all tillable parcel consists of 664 feet of frontage on 200 South. The soil is a majority Sebewa Loam. Taxes 2020 Pay 2021: $660.34. Parcel 5: 20 Acres Located at approximately 370 S 525 E Valparaiso, IN. Parcel ID: 64-13-23-300-005.000-008 This 20 acre parcel is divided by a creek, with the western portion of the property measuring approximately 4.75 acres tillable and the eastern portion of the property measuring approximately 14.6 acres tillable ground. The soil type is a majority Sebewa Loam. Taxes 2020 Pay 2021: $381.42. 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. Owner: Lawrence Grieger Estate Terms: 10% non-refundable down payment immediately after the sale, sold as-is, closing in 30 days, possession at closing, warranty deed, buyer is responsible for closing cost, 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 and 2 are sold separately, the cost of the survey is split equally between buyers and seller. Kraft Real Estate Auctions, LLC - AC31900011 Col. Conrad Kraft- AU01032667 Jonathan Kraft AU10500173 Managing Broker: Jay Mayden 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com