Pumpelly Trust
Farmland Auction
2423 Flajole Road, Midland MI
(From I-75 at the Beaver Road exit, go west 7 miles to Flajole Road, then north 1/8-mile to sale)
Thursday, August 13th @ 6 p.m.
Farmland Auction
2423 Flajole Road, Midland MI
(From I-75 at the Beaver Road exit, go west 7 miles to Flajole Road, then north 1/8-mile to sale)
Thursday, August 13th @ 6 p.m.
|
Property Highlights:
119 Acres, Section 29 Beaver Twp., Bay County (2) Parcels, 119 Total, 100 workable acres Parcel ID No’s: Parcel A 020-029-300-010-00 Parcel B 020-029-100-005-00 ▪ 100 acres workable. Soil consists of 49% Londo - Poseyville, 18% Londo Loam, 17% Wixom loamy sand, 13% Tappen-Poseyville. As per U.S.D.A. - Tile functions well but is older cement/clay tile at approx. 50’ intervals. ▪ 13- acres mature woods with good timber, recreational or building opportunities. ▪ Former showplace 3 1/2 acre homesite with Alden Dow designed ranch home & (2) large barns, all in need of various levels of repair. ▪ Nearly 3/4 mile frontage on Beaver & Flajole Roads |
|
Terms & Conditions:
▪ To be offered in Live auction format at aforementioned date, time & location in its entirety.
▪ To be sold by the acre (115) times the bid, plus a $50,000 home & buildings allocation. (Preliminary marketing has
resulted in good homestead interest if sold separately)
▪ High bidder required to complete purchase agreement with a $10,000. non-refundable earnest money deposit.
▪ Closing within 45-days or additional time if required by seller. Sale is NOT contingent on ability to obtain financing.
▪ Bids are subject to Trust Administrator approval, current acceptability rate exceeds 95%.
▪ Parcel is under lease for 2015 & is sold with all mineral rights currently held by seller
▪ Possession available post dry bean harvest by tenant farmer.
▪ Seller to provide owners policy of title insurance. Parcel sold in as is condition with all faults evident or otherwise.
▪ Taxes prorated to date of sale per Beaver Township, Bay County
▪ Closing by Land Title & Abstract - preliminary title work in progress.
▪ There is a 2% buyers premium on the sale of this property
Auctioneers Note:
This Beaver Twp. Farm is undoubtedly one of the best in the area with the potential to bring back to its former trophy status.
▪ Absentee bidding available with prior arrangements through auctioneer.
▪ Contact Marty Wegner for additional information or inspection at (989)928-8092. Check website for updates.
▪ Staff and refreshments available at 5 p.m. day of sale.
▪ To be offered in Live auction format at aforementioned date, time & location in its entirety.
▪ To be sold by the acre (115) times the bid, plus a $50,000 home & buildings allocation. (Preliminary marketing has
resulted in good homestead interest if sold separately)
▪ High bidder required to complete purchase agreement with a $10,000. non-refundable earnest money deposit.
▪ Closing within 45-days or additional time if required by seller. Sale is NOT contingent on ability to obtain financing.
▪ Bids are subject to Trust Administrator approval, current acceptability rate exceeds 95%.
▪ Parcel is under lease for 2015 & is sold with all mineral rights currently held by seller
▪ Possession available post dry bean harvest by tenant farmer.
▪ Seller to provide owners policy of title insurance. Parcel sold in as is condition with all faults evident or otherwise.
▪ Taxes prorated to date of sale per Beaver Township, Bay County
▪ Closing by Land Title & Abstract - preliminary title work in progress.
▪ There is a 2% buyers premium on the sale of this property
Auctioneers Note:
This Beaver Twp. Farm is undoubtedly one of the best in the area with the potential to bring back to its former trophy status.
▪ Absentee bidding available with prior arrangements through auctioneer.
▪ Contact Marty Wegner for additional information or inspection at (989)928-8092. Check website for updates.
▪ Staff and refreshments available at 5 p.m. day of sale.
