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The Vernon and Carolyn Read Farm

Real Estate  >  Peoples Land Company  >  The Vernon and Carolyn Read Farm

The Vernon and Carolyn Read Farm

by Peoples Land Company
Fri, Feb  10, 2023  6:00 PM   Central
Large Macon County Land Auction - 229 Surveyed Acres in 4 Tracts Great Development Potential! February 10th, 2023 at 6 pm at the Comfort Inn in Macon Auctioneers Note: There aren’t many opportunities in this area to obtain such a well-maintained family-owned farm. Trading farms come and go but farms that are owned by such well known and well thought of people in the community, don’t come up for sale often. This is a farm that will simply hold its value better than most. The chances of a farm like this ever hitting the market again, is simply put, slim. The location and layout make it a blank slate for the new owners. Carolyn has made the decision to relocate, and this decision has been a tough one. The Macon community is a great one, and now the farms will be offered up for sale, to be a part of someone else’s life. We are proud to offer such a nice farm for such a great family! Don’t miss this sale and opportunity. The Vernon and Carolyn Read Farm will be offered at public auction on February 10th. This farm offers some great opportunities at some very highly maintained pasture, some outstanding tillable acreage and nice home and outbuildings, all located along highway 63 north of Macon. This farm will be offered in four tracts, ranging from 37.8 to 90.9 surveyed acres. Tract 1 is 41.9 surveyed acres with FSA indicating over 37 open acres. This tract would make an outstanding build site, great pasture, or would pair up nicely with tract number 2 to make a larger combination tract. Tract 2 is 36.4 surveyed acres with FSA indicating 31.6 open acres, 21 of which are top tier tillable acres. This tract has a nice 1949 built home that is right at 1150 sq feet. The home has central air and propane heat, a newer roof and hardwood floors. The home will sell “As-Is” and showings are available by appointment only. The tract also has 3 sheds, a very nice larger pond and good fences around the pasture. This is a great combination tract that lays along Highway 63. This would make a great starter home on a good combination tract, a nice hobby farm, or an outstanding investment opportunity! Tract 3 is 59.9 surveyed acres that will offer up some outstanding pasture/tillable opportunities. FSA indicates over 50 open acres (New survey to determine amount) many of which could be farmed. Good fences all around and a nice building site, all close to town! Tract 4 is 90.9 surveyed acres with a Highway 63 frontage on the east side a gravel road along the south. FSA Indicates 76.22 open acres. This tract consists of mostly Leonard and Adco soils. A very nice tillable tract right on Highway 63!
Method and Terms Method and Terms

Method and Terms

Lot #A (Sale Order 1 of 5)

The farm will be split into 4 tracts and all these tracts will be offered at the Buyer’s Choice Method of auction. The tracts will not be tied back together in any form or fashion and will remain assigned to the winning bidder. The farm will sell subject to Seller confirmation. The title work is being handled by Macon County Title and a preliminary title search has been done. For copies of the Title Commitment, please contact the auction company. The farm is being offered live at public auction with internet bidding available through ProxiBid. All online bidders must be approved through the auction company prior to sale day. 10% down, non-refundable will be due the day of the sale with the balance coming at close. The sale in not contingent upon financing or inspections. Closing will be held on or before March 24th, 2023 at Macon County Title in Macon. The home is being sold “As Is”. For a personal showing, please contact the Auction Company to arrange a date and time that is suitable. There will be no ‘Open House’ held. All showings need to be arranged.

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41.9 Surveyed Acres 41.9 Surveyed Acres

41.9 Surveyed Acres

Lot #1 (Sale Order 2 of 5)

Tract 1 is 40.4 surveyed acres with FSA indicating over 37 open acres. This tract would make an outstanding build site, great pasture, or would pair up nicely with tract number 2 to make a larger combination tract. 41.9 will be the multiplier.

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Bid Accepted!

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Sold for: USD 5,750.00
$5,750.00 x 42 = $241,500.00
Total Bid: USD 241,500.00

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$5,750.00 x 42 = $241,500.00 Total
36.4 Surveyed Acres 36.4 Surveyed Acres

36.4 Surveyed Acres

Lot #2 (Sale Order 3 of 5)

Tract 2 is 36.4 surveyed acres with FSA indicating 31.6 open acres, 21 of which are top tier tillable acres. This tract has a nice 1949 built home that is right at 1150 sq feet with basement and upper level. The home has central air and propane heat, a newer roof and hardwood floors. The home will sell “As-Is” and showings are available by appointment only. The tract also has 3 sheds (28x75, 30x45, 50x75), a very nice larger pond and good fences around the pasture. This is a great combination tract that lays along Highway 63. This would make a great starter home on a good combination tract, a nice hobby farm, or an outstanding investment opportunity! 37.8 will be the multiplier. Watch for updated information on the home!

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Bid Accepted!

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Sold for: USD 8,850.00
$8,850.00 x 36 = $318,600.00
Total Bid: USD 318,600.00

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$8,850.00 x 36 = $318,600.00 Total
59.9 Surveyed Acres 59.9 Surveyed Acres

59.9 Surveyed Acres

Lot #3 (Sale Order 4 of 5)

Tract 3 is 59.9 surveyed acres that will offer up some outstanding pasture/tillable opportunities. FSA indicates over 50 open acres (New survey to determine amount) many of which could be farmed. Good fences all around and a nice building site, all close to town! 59.9 is the multiplier.

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Bid Accepted!

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Sold for: USD 4,650.00
$4,650.00 x 60 = $279,000.00
Total Bid: USD 279,000.00

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$4,650.00 x 60 = $279,000.00 Total
90.9 Surveyed Acres on Highway 63! 90.9 Surveyed Acres on Highway 63!

90.9 Surveyed Acres on Highway 63!

Lot #4 (Sale Order 5 of 5)

Tract 4 is 90.9 surveyed acres with a Highway 63 frontage on the east side a gravel road along the south. FSA Indicates 76.22 open acres. This tract consists of mostly Leonard and Adco soils. A very nice tillable tract right on Highway 63! 90.0 acres is the multiplier.

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Bid Accepted!

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Sold for: USD 8,400.00
$8,400.00 x 91 = $764,400.00
Total Bid: USD 764,400.00

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$8,400.00 x 91 = $764,400.00 Total