TRACT INFORMATION
TRACT 1: 80 TAXABLE ACRES± • FSA figures indicate 77.39 acres of NHEL cropland. • Class A soils include: Ipava, Osco, Sable, Elkhart & Assumption. • PI rating of 137.5! • Access is along the entire north side by 2900N & along the east by Knox Road #1900E. TRACT 2: 38.75 TAXABLE ACRES± • FSA figures indicate 36.6 acres of NHEL cropland. • Class A soils include: Ipava, Osco, Sable & Elkhart. • PI rating of 136.3! • Access is along the entire north side by 2900N & along the west by Knox Road #1900E.
METHOD & TERMS
Both tracts will sell on a price per acre basis based on the above indicated taxable acres and will be auctioned through the marketing method of “Buyer’s Choice,” under which the high bidder can purchase Tract 1, Tract 2 or both Tracts 1 & 2 (in any order) for their high bid. If the winning bidder only elects one of the two tracts, the remaining tract will then be sold. Bidders will NOT be able to place bids on the entire property based on the cumulative sum the individual tracts achieve through “Buyer’s Choice” auctioning. Ten percent (10%) of the bid price to be paid on the day of sale, with the balance due at the time of closing which will be on January 2, 2017. Possession will be given at the time of closing, farm sells with full possession for the 2017 crop year.
Title Insurance will be issued in the full amount of the purchase price. The 2016 real estate taxes will be paid by the seller.
All announcements made sale day take precedence over prior advertising either written or oral. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Real estate is being sold “AS IS”.
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