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Method & Terms Lot #0 (Sale Order 1 of 12) This lot is informational and may be used for test bidding - place your actual bids below on Lots #1-10. The VanEtten real estate will be sold on a price per acre basis, based on the surveyed acres. Tracts 1 - 6 will be offered through the marketing method of "Buyer's Choice", whereas the high bidder can elect any individual tract or tracts (in any order) for their high bid. If the high bidder does not elect all the offered tracts, then the remaining tract(s) will continue to be offered "Buyer's Choice" until all 6 tracts have been elected. We will then offer Tracts 7, 8 and 9 as "Buyer's Choice", and then sell Tract 10 individually. The tracts will not be offered together or in any combination at the conclusion of the auction. Immediately following the auction, the successful buyer(s) will be required to sign and enter into a written 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 April 12, 2024. The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes which are due and payable in 2024. The buyer will be responsible for the 2024 and all subsequent real estate taxes. Full possession will be given at closing as the properties sell free and clear of tenancy for 2024. Bidding is NOT subject to any contingencies, including but not limited to financing, an appraisal or inspection of the property. All announcements made on 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 all information to their satisfaction. There are no expressed or implied warranties made by the seller or Sullivan Auctioneers, a BigIron company, pertaining to this property. Real estate is being sold "AS IS". |
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Documents & Agreements Lot #0A (Sale Order 2 of 12) TRACT 1 - CLICK HERE TO VIEW PURCHASE AGREEMENT TRACT 2 - CLICK HERE TO VIEW PURCHASE AGREEMENT TRACT 3 - CLICK HERE TO VIEW PURCHASE AGREEMENT TRACT 4 - CLICK HERE TO VIEW PURCHASE AGREEMENT TRACT 5 - CLICK HERE TO VIEW PURCHASE AGREEMENT TRACT 6 - CLICK HERE TO VIEW PURCHASE AGREEMENT TRACT 7 - CLICK HERE TO VIEW PURCHASE AGREEMENT TRACT 8 - CLICK HERE TO VIEW PURCHASE AGREEMENT TRACT 9 - CLICK HERE TO VIEW PURCHASE AGREEMENT TRACT 10 - CLICK HERE TO VIEW PURCHASE AGREEMENT |
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Tract 1 - 118.211 surveyed acres Lot #1 (Sale Order 3 of 12)
The purchase agreement will be adjusted to a quantity of 118.211 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$12,600.00 x 118 = $1,486,800.00 Total
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Tract 2 - 62 acres (subject to survey) Lot #2 (Sale Order 4 of 12)
The purchase agreement will be adjusted to a quantity of surveyed acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$4,900.00 x 62 = $303,800.00 Total
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Tract 3 - 138 acres (subject to survey) Lot #3 (Sale Order 5 of 12)
The purchase agreement will be adjusted to a quantity of surveyed acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$10,900.00 x 138 = $1,504,200.00 Total
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Tract 4 - 120 acres (subject to survey) Lot #4 (Sale Order 6 of 12)
The purchase agreement will be adjusted to a quantity of surveyed acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$7,400.00 x 120 = $888,000.00 Total
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Tract 5 - 40 acres (subject to survey) Lot #5 (Sale Order 7 of 12)
The purchase agreement will be adjusted to a quantity of surveyed acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$11,500.00 x 40 = $460,000.00 Total
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Tract 6 - 118 acres (subject to survey) Lot #6 (Sale Order 8 of 12)
The purchase agreement will be adjusted to a quantity of surveyed acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$11,500.00 x 118 = $1,357,000.00 Total
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Tract 7 - 43 acres (subject to survey) Lot #7 (Sale Order 9 of 12)
The purchase agreement will be adjusted to a quantity of surveyed acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$13,100.00 x 43 = $563,300.00 Total
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Tract 8 - 38.8 acres (subject to survey) Lot #8 (Sale Order 10 of 12)
The purchase agreement will be adjusted to a quantity of surveyed acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$11,800.00 x 39 = $460,200.00 Total
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Tract 9 - 41.2 surveyed acres Lot #9 (Sale Order 11 of 12)
The purchase agreement will be adjusted to a quantity of 41.2 acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$14,750.00 x 41 = $604,750.00 Total
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Tract 10 - 46 acres (subject to survey) Lot #10 (Sale Order 12 of 12)
The purchase agreement will be adjusted to a quantity of surveyed acres times the winning bid value for the final purchase amount. The bidding platform rounds the quantity value. |
$9,300.00 x 46 = $427,800.00 Total
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