SYKORAAUCTIONS.COM PRESENTS!

ONLINE ONLY LAND AUCTION

James & Teresa Murphy Trust

SAGINAW COUNTY- Prime Tillable Farmland Auction

The following farmland will be sold by Online Auction closing out at 7:00 PM on Tuesday March 22nd, 2022. 

Tuesday March 22nd, 2022  Online Closing @ 7pm.

CAN’T MAKE IT SALE DAY? ABSENTEE & ONLINE BIDDING FROM THE CONVIENCE OF YOUR HOME OR OFFICE

SYKORA ONLINE CATALOG POWERED BY PROXIBID.COM  PRE-REGISTRATION REQUIRED. 877-505-7770

 CLICK ON THE BLUE ICON BELOW FOR ONLINE BIDDING & REGISTRATION

Ownership:        James J. & Teresa S. Murphy Trust:

Parcel #1:            36+/- Ac. Location:  Approximate street address of 10101 Frost Road, Freeland, MI.

General Legal Description: The NE1/4, Except various small parcels, Section 16, T12N R3E Thomas Township, Saginaw County, MI.

Note: Successful bidder receives 2022 farming rights.

• Tax parcel ID No. 28-12-3-16-1001-000
• Frontage on Frost and Thomas Roads

• Hemlock Public School District
• 2021 Taxable Value $44,115, Assessed $85,200
• 36+/- Acres Mostly Tillable Throughout
• Pella-Frankenmuth complex, 0 to 4 percent slopes rated Prime if drained
• Enrolled in Farmland Open Space Agreement 12/31/2029

Parcel #2:            80+/- Ac. Location: 9345 Frost Road, Saginaw, MI in Three (3) Tax Parcels.

General Legal Description: NW1/4 of the NE1/4, Except the E 133 feet of the N 333 feet, Also the SW1/4 of the NE1/4, Section 15, T12N R3E Thomas Township, Saginaw County, MI.

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• Tax parcel ID No. 28-12-3-15-1002-000 & 28-12-3-15-1002-001
• Frontage on Frost and Kennely Roads
• 2021 Taxable Value $85,571, Assessed $115,800
• Hemlock Public School District
• 40+/- Acres Mostly Tillable w/2.5 Acre Site & Buildings
• Pella-Frankenmuth complex, 0 to 4 percent slopes rated Prime if drained
• Enrolled in Farmland Open Space Agreement until 12-31-31

• Tax parcel ID No. 28-12-3-15-1003-000
• Frontage on Kennely Road
• 2021 Taxable Value $49,827, Assessed $88,800
• Swan Valley School District
• 40+/- Acres
• Pella-Frankenmuth complex, 0 to 4 percent slopes rated Prime if drained
• Selfridge loamy sand, 0 to 4 % slopes rated Prime
• Enrolled in Farmland Open Space Agreement until 12-31-31

AUCTION TERMS AND CONDITIONS

The terms and conditions of this auction will be governed by the Contract for Sale of Real Estate (here-in called the Purchase Agreement.) The following terms are a summary provided for the convenience of the bidder.  A sample Purchase Agreement is available from the auction company in the bidder’s packet and should be reviewed prior to the auction. All properties sell “AS IS WHERE IS” with no warranties of any type expressed or implied as to the merchantability, usability, fitness for a particular purpose, or any matter of whatsoever type or nature. Any improvements which must be made are the responsibility of the purchaser. All information advertised or stated was derived from sources believed correct, but is not guaranteed. All property dimensions are only approximations; Purchasers shall rely entirely on their own information, judgment, and inspection of the property and record.  In order to bid at the auction, prospective Purchasers will be required to sign a waiver eliminating the opportunity to conduct a risk assessment or inspection for the presence of lead based paint and/or lead paint hazards after the auction, if a residential dwelling exists. Purchasers can inspect prior to the auction. The Real Estate will be sold free and clear of all liens. The Real Estate will be sold subject to any easements and building and use restrictions of record. In the event the any parcel offerings lay adjacent to each other and sell to the same owner, no further division of land into parcels will occur.  In the event the adjacent parcel offerings sell to separate Purchaser’s, an application for land divisions as depicted in the sale information may be put before the local unit of government with Seller reserving the right to make reasonable adjustments to proposed boundaries to accommodate the creation of said land divisions. Any sale is contingent upon the approval of land divisions by the local unit of government.  The cost of any survey requirements of the local governmental unit or Title Company shall be split between Purchasers and Sellers.  Purchasers can inspect prior to the auction.  Any announcement made at the auction site takes precedence over printed material.

Buyers Premium 6% Buyers Premium will be added to the final bid to calculate total due at closing.

DEPOSIT FOR REAL ESTATE:  A total of $15,000 per tax parcel is required as an earnest money deposit to presented upon execution of the Purchase Agreement documents.  Check, cashier’s check are accepted for the deposit.  This deposit is deemed non-refundable if the Purchaser does not carry through with the purchase.

Your bidding is not conditional upon financing, so be sure you have arranged financing if needed and are capable of paying cash at the closing.  Contact sales manager for assistance in arranging financing options.

CLOSING TERMS:  Balance of purchase price will be due at closing which will be scheduled within 45 days, unless extend longer to a time period of ten (10) days after completion and approval of land division process, if required.  Real estate property taxes shall be prorated.  Possession will be given at the closing. Seller shall provide an owner’s title insurance policy in the amount of the purchase price.  Closing will be held at Title Company.  Closing fees will be divided evenly between the Purchaser and the Seller.  Real Estate sells subject to owner’s confirmation, within 72 hours of auction completion.

BUYERS NOTE:  If you are the successful bidder, Online buyer will have 2 business days to sign all Purchase Agreements/Documents and make their deposit on the Real Estate.  At that time your check will be endorsed as a non-refundable deposit on the Real Estate.  That ability to obtain financing is NOT a contingency of the sale.  The Auction will be conducted at the sole discretion of the Auctioneer and any bids be recognized at their discretion.

PUBLIC VIEWING TIMES: At Buyers will.

NEW DATA:        New data, corrections, or changes could be made after the printing of this brochure.  Please contact Agents prior to the start of the auction to inspect and consider any new information and changes.

BIDDERS PACKET: More detailed information will be available by contacting the Sale Manager, Jeff Bean, at 517-202-9421 / jeff@jeffbean.net or the Auctioneers, Scott J. Sykora, at 989-386-9694 / sykorasoldit@gmail.com or John P. McConnell at 989-429-0444 / mconnell48622@gmail.com  or at www.sykoraauctions.com.

AGENCY DISCLOSURE:   Jeffrey R. Bean, Broker and Scott Sykora Auction Service, Inc., its agents, employees and/or representatives are Exclusive Agents of the Seller.

ANNOUNCEMENTS MADE DAY OF SALE TAKE PRECEDENCE OVER PRINTED MATERIAL

James & Teresa Murphy Trust