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% 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. Lots in the sale are subject to a reserve unless stated as an absolute auction, which is the confidential minimum price below which such lot will not be sold. Reserves are agreed upon with consignors or, in the absence thereof, the absolute discretion of Kraft Auction Service LLC. The auctioneer may open the bidding on any lot below the reserve by placing a bid on behalf of the seller. The auctioneer may continue to bid on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response to other bidders. With respect to lots that are offered without reserve, unless there are already competing bids, the auctioneer, in his or her discretion, will generally open the bidding at half of the low estimate for the lot. In the absence of a bid at that level, the auctioneer may proceed backwards at his or her discretion until a bid is recognized, and then continue up from that amount. 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.

Real Estate Auction Thursday April 6th, 2023 6pm CST/7pm EST Property located at 1260 Queen Rd Walkerton, IN. Auction located at Kraft Walkerton Auction Facility 9224 S 875 E Walkerton, IN. Parcel 1: This parcel offers a unique opportunity to purchase a beautifully restored farmhouse, multiple buildings, pool, pond, pasture ground, and 15 acres of property. The home was built in 1914 features 4,700+ square feet of space, 5 bedrooms, 3.5 baths, hardwood floors and original wood finishes, original light fixtures, remodeled and modern kitchen and bathrooms, fireplaces, wrap around porch, and a basement. The home has been well maintained and many recent upgrades make this a very charming and ready to move into home. The home has outstanding curb appeal with a stone finished exterior to the porch, sidewalk around the home and beautiful landscaping to add to the property. The property has 6 buildings for all your storage needs totaling over 10,000 square feet of space! Buildings vary in condition and size, but multiple buildings have concrete floors and are set-up to be full shop buildings. This property totals 15+/- acres which has 800+/- feet of frontage on Queen Road. The land includes pasture ground, a small tillable section, and a nice pond north of the home. Properties like this do not come up for sale often, so take the opportunity to bid your price on this truly unique property. Parcel 2: 43.8 +/- acres that includes frontage on Queen Road and 1st Road. The property is nearly all tillable with the exception of a 1.7 acre portion on the corner of Queen and 1st Road. Predominant soil types for the tillable ground are Crosier Loam and Brookston Loam. The field has been tiled by the current owner. Crop rights for 2023 are available. Parcel 3: Combination of parcel 1 and 2 totaling 58.86 acres plus improvements. Taxes 2021 Pay 2022: $4,607.97 (with exemptions). Open House: March 25th 11am-1pm EST. Can't make it? Call for a private showing. Walk-overs allowed during daylight hours. Online Bidding @ KraftAuctions.com Auction Format: This will be a multi-parcel auction. Buyers will have the option to buy one parce or the entirety. Owner: Douglas Rice Revocable Trust Terms: 10% non-refundable down payment immediately after the sale, sold as-is, closing in 30 days, possession at closing, trustee deed, taxes pro-rated and final to day of closing, sells with seller's confirmation, and subject to a 5% buyer's premium. 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