​John Markel Jr. Trust - Farmland Auction 
79 Acres - Sold in (2) parcels
In order to settle the trust of John Markel Jr. the following will be sold at live public auction
976 E. Kinney Road, Munger
(From M-138 & M-15 (John’s Bar) go south approximately 2-miles on M-15 to Kinney Road, then east 2-miles to sale.
Or, from downtown Reese take Reese Road 3-miles north to Kinney, then west 2-miles to sale.)
Thursday, September 17 @ 6 p.m.
Inspection & absentee bidding arrangements available through auctioneer.
 
Monitor Website for Auction Updates & Photographs   
Please be COVID conscientious of other attendees & auction staff - per state mandate. ​
Parcel A
Parcel B
​Parcel A
  • 39-Acres with older home, barns & 36 workable acres
  • Property ID NO: 090-034-200-030-00
  • Address: 976 E. Kinney Road, Merritt Township, Munger, MI  48747
  • Property Class: Agricultural improved
  • Legal Description: N 1/4 of NE 1/2, less RR, EX W33.5’
                                         Sec 34 T13N R6E
  •  General Description: Older home and pole barn situated on 39-acres in Merritt Township, approximately 2-miles east of M-15, via Kinney Road.  Pole barn is functionable w/concrete floor & needs new roof. House is in
    very rough condition.
  • Soil is productive with combination of Tappan Loam & Belleville
    Loamy sandy soils, modest drainage capabilities
  • S.E.V. 2019: $139,100 ($268,200)
    Approximately Annual Taxes: $2,652.  (winter 2019, summer 2020)
Parcel B
  • 40 - acre vacant parcel
  • Property ID NO: 090-034-400-020-00
  • Address: Webber/Callahan Road, Merritt Township Munger, MI  48747
    (2-miles east of M-15 via Bay-Sag Line Road, NE corner of Bay-Sag Line
    & Callahan Roads)
  • Property Class: Agricultural, vacant
  • Legal Description: SW 1/4 of SE 1/4
                                   Sec 34 T13N R6E
  • General Description: Productive flat, fertile, vacant parcel on extreme southern end of Bay County, 2-miles east of M-15.
  • Soil consists of primarily Corunna-Tappan, Loamy soils with modest
    drainage capabilities
  • S.E.V. 2019  $114, 000  ($228,000)
    Approximately annual taxes $1,473 (winter 2019, summer 2020)
Terms and Conditions
  • Parcels sold independently by the acre, times the bid price at auctioneers incremental discretion, no combinations will be offerd
  • A $5,000. earnest money deposit in the form of cash, or cashiers check to Wegner Auctioneers is required from successful bidders for each of the 2-parcels day of sale.
  • If buyer fails to close sale, the earnest money deposit will be retained by sellers in the form of liquidated damages. Make your financial arrangements prior to auction.
  • A 2% buyers premium will be added to the final bid price.
  • Taxes will be prorated to date of closing per Merritt Township & Bay County normal billing cycle.
  • Closing within 45-days unless extended by sellers approval
  • Trust representative reserves right to accept or reject any or all bids (Auctioneers sales percentage exceeds 95%)
  • Seller to provide title insurance in the amount of sale price. General closing cost split 50/50 with buyer. 
  • Properties to be sold free & clear of liens or encumbrances
  • Possession granted at closing with consideration given to current tenant rights to harvest crops
  • Sale is not subject to inspection or appraisal results
  • View property at leisure with respect to tenant farmers crops
  • Information & refreshments served at 5 p.m. Additional information and building inspections available through auctioneer.
                                                               Contact auctioneer for additional information (989)793-8689