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Method & Terms Lot #0 (Sale Order 1 of 8) This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-7. The Hefner farm will be sold in seven (7) individual tracts on a price per acre basis, based on a survey that is currently in progress, with the surveyed acres used to constitute the final settlement price. All tracts will be sold through the marketing method of "Buyer's Choice", whereas the high bidder can take any or all tracts for their high bid. "Buyer's Choice" auctioning will continue until all seven (7) tracts have been sold. The farm will NOT be offered in its entirety or in any combinations. Bidding is NOT contingent upon financing, an appraisal or inspection. Ten (10%) percent of the bid price to be due on the day of sale with the balance due in approximately 30 days, on or before Friday, November 4, 2022 upon delivery of a merchantable abstract and deed. Immediately following the auction, the successful bidder(s) shall enter into a written agreement with the seller. Taxes will be prorated to the date of closing. Possession will be given at the time of closing subject to a lease with the tenant. All tracts sell with full farming rights for the 2023 crop year. All announcements sale day shall take precedence over any 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 the property. This real estate is being sold "as is".
Norman William Hefner Trust
Auction Manager: |
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TRACT 1 - 51 TAXABLE ACRES+/- Lot #1 (Sale Order 2 of 8)
The purchase agreement will be adjusted to a quantity of 51 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$7,550.00 x 51 = $385,050.00 Total
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TRACT 2 - 21 TAXABLE ACRES+/- Lot #2 (Sale Order 3 of 8)
The purchase agreement will be adjusted to a quantity of 21 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$7,500.00 x 21 = $157,500.00 Total
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TRACT 3 - 86 TAXABLE ACRES+/- Lot #3 (Sale Order 4 of 8)
The purchase agreement will be adjusted to a quantity of 86 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$4,750.00 x 86 = $408,500.00 Total
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TRACT 4 - 59.89 SURVEYED ACRES Lot #4 (Sale Order 5 of 8)
The purchase agreement will be adjusted to a quantity of 59.89 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$7,650.00 x 60 = $459,000.00 Total
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TRACT 5 - 20.25 SURVEYED ACRES Lot #5 (Sale Order 6 of 8)
The purchase agreement will be adjusted to a quantity of 20.25 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$7,500.00 x 20 = $150,000.00 Total
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TRACT 6 - 29 TAXABLE ACRES+/- Lot #6 (Sale Order 7 of 8)
The purchase agreement will be adjusted to a quantity of 29 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$4,350.00 x 29 = $126,150.00 Total
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TRACT 7 - 117 TAXABLE ACRES+/- Lot #7 (Sale Order 8 of 8)
The purchase agreement will be adjusted to a quantity of 117 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$3,975.00 x 117 = $465,075.00 Total
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