|
|
Method & Terms Lot #0 (Sale Order 1 of 13) This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-11. Tracts 1-9 of the Up-Side-Down Acres farm will be sold on a price per acre basis, based on taxable or surveyed acres, and will be offered through the marketing method of "Buyer's Choice", whereas the high bidder can elect Tracts 1-9 for their high bid. If the high bidder does not elect all offered tracts, then the remaining tract(s) will continue to be offered "Buyer's Choice" until all of Tracts 1-9 have been elected. Tract 10 will then be sold for a lump sum total dollar amount, followed by Tract 11, which will be sold for a 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(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 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 March 15, 2024 for Tracts 1-9 and 11. Tract 10 only will close on or before April 15, 2024. The seller will provide title insurance in the full amount of the purchase price. Seller will pay the 2023 real estate taxes due in 2024 with a credit at closing. Taxes for Tract 10 only will be pro-rated to the date of closing with a credit at closing. Buyer pays 2024 taxes and beyond. Possession at closing. Open lease for 2024 crop year. No hunting leases. Seller will convey any and all mineral rights owned by them. 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".
Auction Manager: |
|
|
Documents & Agreements Lot #0A (Sale Order 2 of 13) CLICK HERE TO VIEW TITLE COMMITMENT CLICK HERE TO VIEW SURVEY PLAT Note: We believe these will be the final acres but the survey work is ongoing. Any changes to the surveyed acre figures will be minor and the final acreage adjustments will be made at closing. TRACTS 4, 5, 6, & 8 CLICK HERE TO VIEW ACCESS EASEMENT AGREEMENT TRACTS 1-9 CLICK HERE TO VIEW PURCHASE AGREEMENT TRACT 10 CLICK HERE TO VIEW PURCHASE AGREEMENT CLICK HERE TO VIEW RESIDENTIAL DISCLOSURE TRACT 11 CLICK HERE TO VIEW PURCHASE AGREEMENT |
|
|
Tract 1 - 114.87 taxable acres Lot #1 (Sale Order 3 of 13)
The purchase agreement will be adjusted to a quantity of 114.87 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$16,800.00 x 115 = $1,932,000.00 Total
|
|
Tract 2 - 77.37 taxable acres Lot #2 (Sale Order 4 of 13)
The purchase agreement will be adjusted to a quantity of 77.37 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$11,000.00 x 77 = $847,000.00 Total
|
|
Tract 3 - 37.20 surveyed acres Lot #3 (Sale Order 5 of 13)
The purchase agreement will be adjusted to a quantity of 37.20 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$9,150.00 x 37 = $338,550.00 Total
|
|
Tract 4 - 33.63 surveyed acres Lot #4 (Sale Order 6 of 13)
The purchase agreement will be adjusted to a quantity of 33.63 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$7,200.00 x 34 = $244,800.00 Total
|
|
Tract 5 - 74.66 surveyed acres Lot #5 (Sale Order 7 of 13)
The purchase agreement will be adjusted to a quantity of 74.66 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$9,000.00 x 75 = $675,000.00 Total
|
|
Tract 6 - 45.00 surveyed acres Lot #6 (Sale Order 8 of 13)
The purchase agreement will be adjusted to a quantity of 45.00 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$8,400.00 x 45 = $378,000.00 Total
|
|
Tract 7 - 90.61 surveyed acres Lot #7 (Sale Order 9 of 13)
The purchase agreement will be adjusted to a quantity of 90.61 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$5,750.00 x 91 = $523,250.00 Total
|
|
Tract 8 - 84.79 surveyed acres Lot #8 (Sale Order 10 of 13)
The purchase agreement will be adjusted to a quantity of 84.79 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$7,200.00 x 85 = $612,000.00 Total
|
|
Tract 9 - 107.76 surveyed acres Lot #9 (Sale Order 11 of 13)
The purchase agreement will be adjusted to a quantity of 107.76 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$8,600.00 x 108 = $928,800.00 Total
|
|
Tract 10 - 3.00 surveyed acres (lump sum) Lot #10 (Sale Order 12 of 13)
This lot will be sold for a lump sum, total dollar amount. |
|
|
Tract 11 - 3.2 taxable acres (lump sum) Lot #11 (Sale Order 13 of 13)
This lot will be sold for a lump sum, total dollar amount. |
|