TRACT INFORMATION
TRACT 1 - 135 ACRES± (SUBJECT TO SURVEY) • FSA records should indicate approximately 134 total cropland acres (split field) which includes 5.6 CRP acres with an annual payment of $731 expiring 9-30-2025 and approximately 6.0 CRP acres with an estimated annual
TRACT 5 - 5 ACRES± (SUBJECT TO SURVEY) • FSA records indicate 4.2 CRP acres with an annual payment of $643 expiring 9-30-2035 • Mature tree lines on the north and east border • Excellent building site • Access along the south side from Warner Rd (CR 900N) TRACT 6 - 2 ACRES± (SUBJECT TO SURVEY) • FSA records indicate 1.44 cropland acres • Tract is improved with a 2 BR / 2 BA single story home • 1,352 sq. ft. finished area • Partial basement with an extra bathroom • Central AC, new LP furnace installed last winter, water heater • Detached 2 car garage with concrete floor • Open house Saturday, October 22 from 9-11 AM and Tuesday, October 25 from 3-5 PM TRACT 7 - 24.35 ACRES± (SUBJECT TO SURVEY) • FSA records should indicate approximately 7.0 CRP acres with an estimated annual payment of $837 expiring 9-30- 2035. • Includes a 1.5 story, 3BR / 1BA, 1745 sq. ft. house in need of major repair • 42’ x 54’ pole building with concrete floor built in 2014 • 30’ x 50’ pole building with concrete floor built in 2006 • Barn and several other outbuildings • Open house Saturday, October 22 from 9-11 AM and Tuesday, October 25 from 3-5 PM
payment of $717 expiring 9-30-2035. • 10 Tower center pivot irrigation system • Well with an electric pump
• Access along the north from Spring Lake Rd (CR 1000N) TRACT 2 - 123 ACRES± (SUBJECT TO SURVEY) • FSA records should indicate approximately 122 cropland acres (split fields) which includes approximately 5.0 CRP acres with an estimated payment of $598 expiring 9-30- 2035. • 8 Tower center pivot irrigation system • Well with an electric pump • Access along the south from Warner Rd (CR 900N) TRACT 3 - 38 ACRES± (SUBJECT TO SURVEY) • FSA records indicate 36.37 cropland acres currently in pasture, no water available • Several excellent building sites • Access along the west side from N Manito Rd (CR750E) and along the north side from Spring Lake Rd (CR 1000N) TRACT 4 - 37 ACRES± (SUBJECT TO SURVEY) • FSA records indicate 18.4 CRP acres with an annual payment of $2,200 expiring 9-30-2035. • Mature timber providing excellent whitetail deer hunting, turkey hunting and other outdoor recreational opportunities • Several excellent building sites • Access along the south side from Warner Rd (CR 900N)
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
METHOD & TERMS Tracts 1-5 will be sold by the acre, based on surveyed acres, and offered through the marketing method of “Buyers Choice”, whereas the high bidder can purchase (in any order) any or all tracts for their high bid. If the high bidder does not take all offered tracts, then the remaining tracts will be offered. Tracts 6 & 7 will be sold individually for a “Lump sum total dollar amount”. The tracts will not be offered together 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 December 8, 2022. 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 will be responsible for 2023 and all subsequent taxes. Possession will be given at the time of closing, subject to any remaining crop tenancy for the 2022 crop year only. The properties sell free and clear of tenancy for 2023 and beyond. 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”.
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