ON BEHALF OF MATT & LISA PENN AND SULLIVAN AUCTIONEERS THANK YOU FOR YOUR INTEREST IN THIS LAND AUCTION!
ADDITIONAL INFORMATION, SOIL MAPS, PHOTOS, BIDDING & MORE: www.SullivanAuctioneers.com Farm represents highly productive, investment-quality farmland, with nearly 100% tillable tracts. Rarely are this many contiguous acres of quality farmland offered for sale.
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.
DRONE FOOTAGE AVAILABLE ON OUR WEBSITE
METHOD & TERMS Acreages in this advertisement are estimated. A survey will be completed prior to the sale and tracts 1-6 will be sold on a price per acre basis, based on the acreages obtained from the completed survey. Tracts 1-4 will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) any or all of tracts 1-4 for their high bid. “Buyers Choice” auctioning will continue until tracts 1-4 have all been elected. Next, tracts 5-6 will be offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) either or both of tracts 5-6 for their high bid. “Buyers Choice” auctioning will continue until both tracts 5-6 have all been elected. The tracts will not Immediately following the auction, the winning bidder(s) 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, payable to Knox County Abstract, which shall hold the money in escrow until closing. The balance of the purchase price will be due at closing. Closing will take place on or before April 3, 2023 at Knox County Abstract. Farm will sell free & clear for the 2023 crop year. The 2023 real estate taxes and all subsequent years will be the responsibility of the buyer(s). Title insurance in the full amount of the purchase price will be provided by the seller. Closing costs will be split between the buyer & seller. be offered in their entirety at the conclusion of the auction. Bidding is NOT subject to financing, appraisal or inspection. 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. Buyer 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”.
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