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This lot is informational and may be used for test bidding - place your actual bids below.
Lot Closed
Auction by Merit Auctions, LLC(92)
This item is in Appanoose County, IA
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Subject #2: 35+/- Acres for Redevelopment$600.00Overview of This lot is informational and may be used for test bidding - place your actual bids below.
Item Details
The Mihalovich farm will be sold in 5 individual tracts based on a survey that is currently in progress. Tracts 1-4 will be sold on a price per acre basis through the marketing method of ?Buyer?s Choice?, whereas the high bidder has the privilege to take any or all 4 tracts for their high bid. Buyer?s Choice auctioning will continue until Tracts 1-4 have been sold. Tract 5 will then be sold for a lump sum dollar amount. The tracts will NOT be offered in its entirety or in any combinations. Bidding is NOT contingent upon financing, an appraisal or inspection.
TERMS
Ten (10%) percent of the bid price to be due on the day of the sale with the balance due in approximately 45 days, on or before Friday, December 29, 2023 upon delivery of a merchantable abstract and deed. At the conclusion of the auction, the successful bidder(s) shall enter into a written agreement with the seller. Signing of said agreement will be executed via email or DocuSign. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing subject to the 2023 crop lease. Farm sells free & clear for crop year 2024. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its ?as is? condition and there are no expressed or implied warranties pertaining to the real estate. All announcements sale day shall take precedence over any prior advertising either written or oral.
TERMS
Ten (10%) percent of the bid price to be due on the day of the sale with the balance due in approximately 45 days, on or before Friday, December 29, 2023 upon delivery of a merchantable abstract and deed. At the conclusion of the auction, the successful bidder(s) shall enter into a written agreement with the seller. Signing of said agreement will be executed via email or DocuSign. The real estate taxes will be prorated to the date of closing. Full possession will be given at the time of closing subject to the 2023 crop lease. Farm sells free & clear for crop year 2024. The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its ?as is? condition and there are no expressed or implied warranties pertaining to the real estate. All announcements sale day shall take precedence over any prior advertising either written or oral.
Payment
Please contact the Merit Auctions for payment instructions.
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Auction Details
This lot is informational and may be used for test bidding - place your actual bids below.. , Appanoose County, IA, 52571Tuesday, Nov 14, 2023 | 10:00 AM CST


















