TRACT INFORMATION TRACT 6 – 40.0 ACRES+/- (SUBJECT TO SURVEY) • FSA map indicates 37.45 NHEL cropland acres • Productivity Index (PI): 135.8 (Class A) • Soil types include Catlin and Drummer • Access along the west side from E 10th Rd and along the north side from N 41st Rd TRACT 7 – 115.80 ACRES+/- (SUBJECT TO SURVEY) • FSA map indicates approximately 112 NHEL cropland acres • Productivity Index (PI): 138.4 (Class A) • Soil types include Catlin, Muscatune, Sable, Flanagan and Elpaso • Access along the south side from Tower Rd and along the east side from St Rt 251
TRACT 6
135.8
TRACT 7
TRACT 7
Auction to be conducted as a virtual, online auction. No Internet Buyer fees! If you need assistance with bidding, please contact our office at (844) 847-2161
138.4
METHOD & TERMS Tracts 1-7 will be sold on a price per acre basis, based on the soon to be completed surveyed acres and Tract 8 will sell for a lump sum dollar amount. Tracts 1 - 7 will be offered through the marketing method of “Buyers Choice,” whereas the high bidder can elect any or all tracts (in any order) for their high bid. If the high bidder does not elect all of the tracts then the remaining tract(s) will be offered and this will continue until all of the tracts have been elected. Tract 8 will be sold individually for a lump sum dollar amount. The tracts will NOT be offered together or in their entirety at any time. Immediately following the auction, the successful buyer will be required to sign a real estate sales contract and pay ten percent (10%) of the purchase price as a non-refundable down payment which will be held in escrow until closing. The balance of the purchase price will be due at closing which will take place on or before January 31, 2023. The seller will provide title insurance in the full amount of the purchase price and pay the 2022 real estate taxes, due and payable in 2023. Buyer is responsible for the 2023 and all subsequent RE taxes. Possession will be given at the time of closing, subject to the 2022 crop year tenancy, if any. The land sells free and clear of any tenancy for 2023. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made sale day take precedence over prior advertising either written or oral. The information in our brochure, in our advertisements and on our website is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, drone video, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, LLC pertaining to this property. Real estate is being sold “AS IS” and subject to sellers confirmation.
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