SYKORAAUCTIONS.COM PRESENTS!

*ONLINE ONLY *AUCTION EVENT*

360+/- Ogemaw County Michigan- Farmstead & Farmland Acres

3172 Hwy. M-55. Prescott, MI. 48756

Thursday January 26, 2023 – Closing @ 6:30 pm EST.

Parcels Offered Exclusively By Online Auction

via Sykoraauctions.proxibid.com Online Auction

Parcels start closing out at 6:30 PM on Thursday January 26, 2023.

ABSENTEE & LIVE 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

Parcels 1-6 are Located at 3172 Hwy. M-55. Prescott, MI, being 11 Miles East of West Branch, MI (or) 9 Miles West of the M-55 & M-65 Intersection.

227+/- Acres Offered In 3 Mostly Prime/Tillable Farmland Parcels

  Hunting Parcel of 115+/- Acres & One 2.0 Acre Residential Potential Rebuild Parcel & 16+/- Acre Farmstead/Dairy Site w/Tillable Land

ALL PARCELS OFFERED WITHOUT A BUYER’S PREMIUM, 0% – NO ADDED BIDDING COSTS!

Parcel 1:             80+/- Acres Location: Directly East of the Farmstead Buildings.

General Description: Part of the E1/2 of the W1/2 of Section 30 laying North of the North Drain and Excepting Parcel 4, T22N R4E Logan Township, Ogemaw County, MI.

• Part of Tax Parcels ID No. 009-030-005-00 & 009-030-009-00
• Frontage Highway M-55
• Whittemore Prescott Area Public School District
• 80+/- Acres, Tiled & Tillable Land Mostly Selkirk & Kent loam

Parcel 2:             72+/- Acres Location: 0.75 Miles South of the M-55 & Gillings Road Intersection on Gillings, just south of neighboring farmstead on west side of road.

General Description: Mostly All Tillable Acres being part of the South ½ of the South ½ of Section 30, Excepting Parcel 5, the SW1/4 of the SW1/4 and All Wooded Land, T22N R4E Logan Township, Ogemaw County, MI.

• Part of Tax Parcels ID No. 009-030-009-00 & 009-030-009-10
• Frontage on Gillings Road
• Whittemore Prescott Area Public School District
• 109+/- Acres, Tiled & Tillable Land Mostly Selkirk & Kent loam
• 72+/- Acres Growing Wheat. Purchaser’s Choice to Pay seller $9,576 at Closing (or) Agree to Seller Harvest in 2023.

Parcel 3:             38+/- Acres Location: Directly West of the Farmstead Buildings

General Description: Part of the NW1/4 of the NW1/4, Section 30, T22N R4E Logan Township, Ogemaw County, MI.

• Tax Parcel ID No. 009-030-006-00
• Frontage on Highway M-55
• Whittemore Prescott Area Public School District
• 38+/- Acres, Tiled & Tillable Land Mostly Selkirk & Kent loam

Parcel 4:             16+/- Acres Location: 3172 Highway M-55, Prescott, MI.

General Description: Part of the NW Corner of the E1/2 of the NW1/4, Section 30, T22N R4E Logan Township, Ogemaw County, MI.

• Part of Tax parcel ID No. 009-030-005-00 (House & Farm Buildings)
• Frontage on Highway M-55
• Whittemore Prescott Area Public School District
• 16+/- Acres @ 5+/- Tillable & 10+/- Site Acres
• Two House Structures
• 200 Freestalls, Curtained Calf Barn, DBL 8 Side X Side Parlor w/1500 Gallon Tank & Equipment, Machine Sheds & Hay Barn.

Parcel 5:             2+/- Acres Location: : 0.75 Miles South of the M-55 & Gillings Road Intersection on Gillings, just south of neighboring farmstead on west side of Gillings.

General Description: 2+/- Acres being Part of the SE1/4 of the SE1/4, Section 30, T22N R4E Logan Township, Ogemaw County, MI.

• Part of Tax parcel ID No. 009-030-009-10
• Frontage on Gillings Road
• Whittemore Prescott Area Public School District
• 2+/- Acre Open Building Site w/Structure that may be suitable for Rebuild
• No Utilities

Parcel 6:             115+/- Acres Location: 1 Mile South of the M-55 & Gillings Road Intersection on Gillings, west side.

General Description: The W1/2 of the NE1/4, of Section 30 and the Wooded Parts of the E3/4 of the S1/2 of the S1/2 of Section 30, T22N R4E Logan Township, Ogemaw County, MI.

• Tax parcel ID No. 009-031-002-00 and Wooded Parts of 009-030-009-10 & 009-030-009-00
• Frontage on Gillings Road
• Whittemore Prescott Area Public School District
• 115+/- Acres @ 18+/- Tillable & Balance Wooded
• 18 Tillable Acres Growing Wheat. Purchaser’s Choice to Pay seller $2,394 at Closing or Agree to Seller Harvest in 2023.

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AUCTION TERMS & 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 and sizes 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 land division 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 paid by Purchaser.  Please note that Parcels 2 & 6 contain a total of 90+/- acres of growing wheat.  Purchaser is offered the choice of 1) purchasing the crop at closing for $133/acre or 2) agreeing that Seller retains rights to harvest of the crop in 2023.  Any announcement made at the auction site takes precedence over printed material.

DEPOSIT FOR REAL ESTATE:  A total of $15,000 per parcel is required as an earnest money deposit to presented upon execution of the Purchase Agreement documents.  Check or 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 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 60 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 acceptance and confirmation, within 72 hours of auction completion.

BUYERS NOTE:  If you are the successful bidder, you must meet & sign all Purchaser Agreement documents within 24 hours of the conclusion of the Online Auction.  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: Viewed by appointment or at Open House on WED JAN 11, 2023 FROM 10:00AM TO NOON.

NEW DATA: New data, corrections, or changes could be made after the printing of this brochure.  Please arrive 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 Sykora, at 989-386-9694 / sykora@ironmans.net or John 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