DOWN PAYMENT:$25,000 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 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.

Online Only Executive Real Estate Auction Bidding Begins to Close November 16th @ 7:00pm EST Located at 50777 Lilac Road South Bend, IN. The property that checks all the boxes awaits you on Lilac Road in South Bend. Built in 1974 this two-story home with partial basement features over 8400 square feet of finished space including 4 bedrooms and 3.5 baths. The home has a main level master bedroom with a large full bath with a whirlpool tub and large walk-in closet. The greatest feature of the main floor is the family living spaces. The beautiful kitchen features real hardwood cabinets, an island, quality appliances, and a large walk-in pantry for all of your storage needs. A formal dining area is off the kitchen with building cabinets too. Walk through the kitchen into the great room with vaulted ceilings, large windows looking out on your beautiful outdoor waterfall, and the floor to ceiling brick fireplace. Walk up the stairs to your second floor office and landing to overlook this beautiful room. At the front of the home is another large family room with a brick fireplace too. Also on the main floor is a large laundry room. On the second floor there are 3 large bedrooms with one bedroom having its own private balcony and two full bathrooms on the floor. Overlooking the great room on the second floor is a large office with built-in oak bookshelves and a desk with filing cabinets. The home also features a finished 1/4 basement with drop ceiling and carpeted floors. Attached to the home is a 2 car attached garage. Now walk outside the front door of your home on the wrap-around porch, where you will be able to overlook the beautiful property. Or you can walk out your back door and enjoy your 2000+ square foot wood deck with a fire pit. Then while on your back deck, you can enjoy the large rock waterfall that comes down the back hill of your property. This backyard will truly take your breath away as you enjoy the beautiful nature and all it has to offer. Once you walk from the deck, you now can move into the most unique part of the property, the finished storage building and detached garage. In 1988 a 3.5 car garage was added to the property for additional vehicle storage, but in 2001 the current owner added a 90' x 50' finished storage building with a finished loft. This building features a main level 3/4 bathroom, a custom built antique gas station facade, and large open area with vaulted ceilings. The full barn is drywalled, concrete floor, and includes a small wash bay. Then you step up to the second floor loft with a 1500+ square foot finished loft area with full kitchen, full bath, 1 bedroom with walk-in closet, large office, and large great room with built-in cabinets. Windows from the loft overlook your finished shop area. Last of all is the property itself, and the home comes with a 15.08 acre parcel. To get to the home you will come down a paved driveway that is pine tree lined. As you drive down the driveway on your right side is a large open field which is a perfect spot to see wild turkeys and deer. You will come around the bend in the driveway and through the trees to the home and building. The home and property are boarded by mature trees. A large concrete drive around the barn and home will offer all the additional parking you will need for those future parties you will be hosting. Also in front of the barn is a concrete pad for a basketball court. This property truly has it all and is ready for a new buyer to make their way home. Do not miss your opportunity for such a unique property to be sold at auction! Taxes 2022 Pay 2023: $6,548.12 (with exemptions). Minimum Opening BId: $599,900.00 "Sells to the highest bidder at or above opening bid!" Open House: November 4th 11am-1pm. Can't make it? Call for a private showing. Owner: James and Sanda Machowiak General Terms: $25,000 non-refundable down payment to be paid within 24 hours of auction closing, closing in 30 days, sold as-is, possession at closing, warranty deed, taxes prorated and final to day of closing, minimum opening bid of $599,900, 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 Auction Manager: Clint Cripe AU10700068 Managing Broker: Jay Mayden 574-516-9395 - 219-973-9240 ~ Info@KraftAuctions.com KraftAuctions.com