RAU FARM LAND-ONLINE ONLY-THURSDAY

SYKORAAUCTIONS.COM PRESENTS!

ONLINE ONLY

CENTRAL MICHIGAN FARM REAL ESTATE AUCTION

Approximately 1600 West Pickard Road, Mt. Pleasant, MI 48858

THE HEIRS OF ELIZABETH RAU OFFERING THIS 35+/- ACRE FARM TO THE HIGHEST ONLINE BIDDER.  THE FARM REAL ESTATE IS LOCATED STARTING 1¾ MILES WEST OF THE INTERSECTION OF MERIDIAN RD AND PICKARD RD OR 1¼ MILES EAST OF THE INTERSECTION OF WINN RD & PICKARD RD ON THE NORTHSIDE OF PICKARD RD. (ISABELLA COUNTY)

35.92 ACRES BEING OFFERED AS 1 HIGHLY TILLABLE PARCEL

THURSDAY OCTOBER 1Oth, 2024 – Closing @ 7 pm EST.

Parcel Offered Exclusively by Online Auction at Sykoraauctions.proxibid.com Online Auction

Parcels start closing out at 7PM on THURSDAY October 10th , 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 REGISTRATION & BIDDING

Proxibid - Live Internet Bidding

General Property Statement:  Do not miss out on this opportunity to obtain 35.92 acres of Prime Central Michigan Farmland offered in one parcel located in Section 11, T14N R05W Deerfield Township, Isabella County, Michigan.

 

Farmstead Location: Located at approximately 1600 West Pickard Road, Mt. Pleasant, MI 48858.

 

Legal Description: Part of the East One-half of the Southwest One-quarter of Section 11, T14N, R5W, Deerfield Township, Isabella County, Michigan, described as beginning at a point on the South line of said Section 11 which is S. 89°48’08” W., along said South Section line, 1013.00 feet from the South One-quarter Comer of said Section 11; thence continuing S. 89°48’08” W., along said South Section line, 302.50 feet to the West One-eighth line of said Section 11; thence N. 00°01’10” E., along said West One-eighth line, 2668.10 feet to the East and West One-quarter line of said Section 11; thence N. 89°49’21” E., along said East and West One-quarter line, 625.77 feet; thence S. 00°24’26” W., 2403.99 feet; thence S. 89°48’08” W., parallel with said South Section line, 308.00 feet; thence S. 00°11 •52• E., perpendicular to said South Section line, 264.00 feet to the Point of Beginning. Containing 35.92 acres more or less. Subject to the Southerly 33.00 feet thereof as Pickard Road and subject to easements, right of ways, restrictions and reservations whether used, implied or of record.

Land is surveyed and staked.

Top Central Michigan soils of:

·       11 +/- acres of Capac loam, 0-4% slopes rated Prime If Drained

·       10 +/- acres of Onekama loam, Saginaw Lobe 2-6% slopes rated Prime

·       8 +/- acres of Corunna sandy loam, rated Prime If Drained

·       7 +/- acres of Selfridge sand, 0-3% slopes rated Prime

 

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. If offered in proposed multiple land divisions and in the event any parcel offerings lay adjacent to each other and sell to the same owner, those specific proposed land divisions shall be transferred as one parcel.  In the event the property sells as proposed land divisions, 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 at Purchasers cost. Purchasers can inspect prior to the auction.  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 at the Auction as a deposit.  Cash, check or cashier’s check are accepted for the deposit.  This deposit is NOT 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) business days after completion and approval of land division process.  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, you must execute the Purchaser Agreement documents within 24 hours following the conclusion of the 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: At will.

 

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

Date

Oct 10 2024

Time

7:00 pm

Location

RAU FARM LAND
1600 W Pickard Rd, Mount Pleasant, MI
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