Koenig Booklet

90.7

90.4

TRACT INFORMATION

Tract 1 • 40.78 Surveyed Acres • FSA figures indicate 39.84 acres of NHEL cropland • Productivity Index Rating (PI): 90.7 • Productive soil types include Canisteo-Glencoe, Clarion- Swanlake, Okoboji & Clarion- Storden • Access is by way of an easement at the SE corner which extends south to 800th Ave.

Tract 2 • 79.37 Surveyed Acres • FSA figures indicate 72.67 acres of NHEL cropland • Productivity Index Rating (PI): 90.4 • Productive soil types include Okoboji, Clarion-Swanlake, Canisteo-Glencoe, Delft, Clarion, Clarion-Storden, Webster & Nicollet • Access is along the north side by 800th Ave.

Tract 3 • 6.74 Surveyed Acres, Home & Outbuildings • This tract offers a combination of tillable acres & mature trees • Improved with a 2-story, 4 bedroom, 1bath farm house, detached shed/garage & a machine shed • Home is equipped with oil heat & central A/C • Access is along the north side by 800th Ave.

METHOD & TERMS All tracts have recently been surveyed. Tracts 1 & 2 will be sold on a price per acre basis and will be offered through the marketing method of “Buyers Choice,” whereas the high bidder can elect either or both tracts for their high bid. If the high bidder does not elect both tracts, then the remaining tract will be offered. Tract 3 will then be sold for the lump sum, total dollar amount. The tracts will NOT be offered in their entirety at the conclusion of the auction. 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 Monday, February 27, 2023. Bidding is NOT subject to the following contingencies, including but not limited to financing, an appraisal or inspection of the property. The seller will provide marketable title and pay the 2022 real estate taxes and current special assessments on the property. Possession will be given at the time of closing. 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. Sullivan Auctioneers, LLC represent the sellers in this transaction. Real estate is being sold “AS IS”.

ADDITIONAL INFORMATON, PHOTOS & BIDDING ONLINE: www.SullivanAuctioneers.com

www.SullivanAuctioneers.com

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