METHOD

The Peak farm will be sold in one individual tract on a price per acre basis based on taxable and the advertised acres. Bidding is NOT contingent upon financing, an appraisal or inspection.

TERMS

Immediately following the auction, the winning bidder(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. Said signing of the real estate sales contracts will be done via DocuSign or via email.

The balance of the purchase price will be due at closing which will take place in approximately 30 days on or before January 9, 2025. Full possession will be given at the time of closing.

The seller will provide title insurance in the full amount of the purchase price. The 2024 real estate taxes will be paid by the seller. The 2025 & all subsequent years? real estate taxes will be the responsibility of the buyer(s). Farm sells free & clear for the 2025 row crop and grazing season.

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 Merit Auctions pertaining to this property. Real estate is being sold ?AS IS?.

• FSA information indicates 78.67 acres of cropland, currently in row crop production and improved pastureland.
• Currently there are approximately 45 acres of row crop production with a 112.1 PI.
• Clarksdale, Rozetta, and Fishhook soils.
• The remainder of the farm is in wooded areas offering desirable hunting/recreational acreage.
• This tract is improved with 2 ponds and excellent interior & exterior fences.
• Access is on the west off of Mindale Rd. and on the north off of Grandtower Rd.