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Method & Terms Lot #0 (Sale Order 1 of 3) This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-2. All tracts will be sold on a price per acre basis, based on surveyed acres, and will be offered through the marketing method of "Buyer's Choice", whereas the high bidder can elect either tract 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 both tracts have been elected. 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 Friday, March 29, 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. Buyer pays 2024 taxes and beyond. Open lease for 2024 crop year and beyond. Possession at closing. 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: |
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Tract 1 - 139.53 surveyed acres Lot #1 (Sale Order 2 of 3)
The purchase agreement will be adjusted to a quantity of 139.53 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$15,700.00 x 140 = $2,198,000.00 Total
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Tract 2 - 139.53 surveyed acres Lot #2 (Sale Order 3 of 3)
The purchase agreement will be adjusted to a quantity of 139.5 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$15,700.00 x 140 = $2,198,000.00 Total
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