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Date(s)
10/7/2024 - 11/14/2024
AUCTIONEER INFORMATION
Bidding Notice:

Multi-Par Online Bidding Will Be Available - Link to online catalog to be posted soon. *PLEASE NOTE THAT ALL ONLINE BIDDING WILL TAKE PLACE ON OUR NEW WEBSITE - PLEASE CLICK LINK TO BID*

Auction Notice:

Take the opportunity to purchase over 347 acres at auction offered in 6 tracts! Tracts range from 22 acres to 85 acres in size, so buy one tract up to all six!


Information
Lot # 6
Group - Category Real Estate - Ag / Farm Land
Lead Parcel 6: 22 Acres Morgan Township "Swing Tract"
Description
Major Porter County 348+ Acre Land Auction November 14th, 2024 6:00pm CDT Auction Located at the Kraft Auction Facility 48 N 450 E Valparaiso, IN. Morgan Township property located at the corner of 150 E and 600 S Valparaiso, IN. Pleasant Township property located at approximately 100 E 600 S Kouts, IN. Parcel 1: 85.5+/- acres with 74.96+/- tillable acres located in Pleasant Township, Porter County, IN with access along E 600 S. This productive farmland tract consists of namely Sebewa and Alida loams. A very well maintained and beautiful 1.63+/- acre manmade stocked pond is located in the southwest corner of the farm, perfect for fishing and recreation. 2023 payable 2024 taxes: $2558.66. Parcel 2: 55.74+/- acres with 53.68+/- tillable acres located in Morgan Township, Porter County, IN with access along E 600 S. This productive farmland tract consists of namely Sebewa and Alida loams. Sandy Hook Ditch borders the west side of the parcel. 2023 payable 2024 taxes: $1551.40. Parcel 3: 33.04+/- acres with 32.02+/- tillable acres located in Morgan Township, Porter County, IN with access along E 600 S. This productive farmland tract consists of Sebewa loam. 2023 payable 2024 taxes: $989.83. Parcel 4: 75.26+/- acres with 69.66+/- tillable acres located in Morgan Township, Porter County, IN with access along S 150 E. This productive farmland tract consists primarily of Bourbon sandy loam and Sebewa loam. 6.17+/- wooded acres offer hunting potential. 2023 payable 2024 taxes: $1945.60. Parcel 5: 76.62+/- acres with 71.71+/- tillable acres located in Morgan Township, Porter County, IN with access along S 150 E. Additional access is provided from Parcel 2. This productive farmland tract consists primarily of Sebewa loam. Sandy Hook Ditch borders the west side of the parcel. 2023 payable 2024 taxes: $2190.84. Parcel 6 (swing tract): 22+/- acres with 20.6+/- tillable acres located in Morgan Township, Porter County, IN. This productive farmland tract consists primarily of Sebewa loam. This parcel is a swing tract and can only be purchased as a single tract by an adjoining owner or in combination with parcel 5. 2023 payable 2024 taxes: $654.72. (Please note a swing tract can only be purchased by the buyer of parcel 5 or a current adjoining land owner.) Online Bidding @ KraftAuctions.com Open House: Kraft Auction staff will be at parcel 1 November 4th 1:30pm-3:30pm 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: What an opportunity to buy a large tract of land in the highly desirable Morgan and Pleasant Township. Farm to be offered in 6 tracts. Farms have no active lease for 2025, and purchasers will be able to farm in 2025. This farm is the perfect investment opportunity for any farmer in the area, or to any absentee landowner wanting to own land as an investment becauses parcels this large do not come available for sale often in the area. We look forward to seeing you at the auction. Owner: J&H Holdings LLC Terms: 10% 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 4% buyer's premium. Kraft Real Estate Auctions, LLC - AC31900011 Col. Conrad Kraft- AU01023657 Jonathan Kraft – AU10500173 Kraft Land and Farm Manager: Kelsey Koomler 219-608-4341 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com
Name LIVE Major Porter County Land Auction - 348+ Acres
Auctioneer
Date(s) 10/7/2024 - 11/14/2024
Auction Date/Time Info
November 14th, 2024 6:00pm CDT
Preview Date/Time Open House: Kraft Auction staff will be at parcel 1 November 4th 1:30pm-3:30pm to answer questions on any parcel. Land parcels can be inspected during daylight hours.
Checkout Date/Time Closing on or before December 16, 2024
Location
Buyer Premium 4% buyer's premium
Description
Major Porter County 348+ Acre Land Auction November 14th, 2024 6:00pm CDT Auction Located at the Kraft Auction Facility 48 N 450 E Valparaiso, IN. Morgan Township property located at the corner of 150 E and 600 S Valparaiso, IN. Pleasant Township property located at approximately 100 E 600 S Kouts, IN. Parcel 1: 85.5+/- acres with 74.96+/- tillable acres located in Pleasant Township, Porter County, IN with access along E 600 S. This productive farmland tract consists of namely Sebewa and Alida loams. A very well maintained and beautiful 1.63+/- acre manmade stocked pond is located in the southwest corner of the farm, perfect for fishing and recreation. 2023 payable 2024 taxes: $2558.66. Parcel 2: 55.74+/- acres with 53.68+/- tillable acres located in Morgan Township, Porter County, IN with access along E 600 S. This productive farmland tract consists of namely Sebewa and Alida loams. Sandy Hook Ditch borders the west side of the parcel. 2023 payable 2024 taxes: $1551.40. Parcel 3: 33.04+/- acres with 32.02+/- tillable acres located in Morgan Township, Porter County, IN with access along E 600 S. This productive farmland tract consists of Sebewa loam. 2023 payable 2024 taxes: $989.83. Parcel 4: 75.26+/- acres with 69.66+/- tillable acres located in Morgan Township, Porter County, IN with access along S 150 E. This productive farmland tract consists primarily of Bourbon sandy loam and Sebewa loam. 6.17+/- wooded acres offer hunting potential. 2023 payable 2024 taxes: $1945.60. Parcel 5: 76.62+/- acres with 71.71+/- tillable acres located in Morgan Township, Porter County, IN with access along S 150 E. Additional access is provided from Parcel 2. This productive farmland tract consists primarily of Sebewa loam. Sandy Hook Ditch borders the west side of the parcel. 2023 payable 2024 taxes: $2190.84. Parcel 6 (swing tract): 22+/- acres with 20.6+/- tillable acres located in Morgan Township, Porter County, IN. This productive farmland tract consists primarily of Sebewa loam. This parcel is a swing tract and can only be purchased as a single tract by an adjoining owner or in combination with parcel 5. 2023 payable 2024 taxes: $654.72. (Please note a swing tract can only be purchased by the buyer of parcel 5 or a current adjoining land owner.) Online Bidding @ KraftAuctions.com Open House: Kraft Auction staff will be at parcel 1 November 4th 1:30pm-3:30pm 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: What an opportunity to buy a large tract of land in the highly desirable Morgan and Pleasant Township. Farm to be offered in 6 tracts. Farms have no active lease for 2025, and purchasers will be able to farm in 2025. This farm is the perfect investment opportunity for any farmer in the area, or to any absentee landowner wanting to own land as an investment becauses parcels this large do not come available for sale often in the area. We look forward to seeing you at the auction. Owner: J&H Holdings LLC Terms: 10% 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 4% buyer's premium. Kraft Real Estate Auctions, LLC - AC31900011 Col. Conrad Kraft- AU01023657 Jonathan Kraft – AU10500173 Kraft Land and Farm Manager: Kelsey Koomler 219-608-4341 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com
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 4% 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.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 4% buyer's premium
Payment Terms
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 4%, 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.