Margaret Schian Trust
Farmland Auction
116 Acres / Saginaw County
Wednesday, November 11 @ 6 p.m.
​ Information & refreshments served at 5 p.m.
             Property Address: 10000 Elms Road, Birch Run
​(1 1/4– miles north of Birch Run Road) Between Canada & Rathbun

Property Address:       10000 Elms Road, Birch Run 
                                       (1  1/4– miles north of Birch Run Road)
                                       Between Canada & Rathbun (Google maps are inaccurate)

Auction Location:        Birch Run K of C Hall, 11105 Dixie Hwy., Birch Run
                                       (Just north of Birch Run Fire Department, entrance on south side)
 
Property Description:  116.6 total acres, 94.8 workable, 21.4 wooded

Property ID NO:          27-10-5-13-1005-000 
                                       Section 13, Taymouth Township, Saginaw County
                                       2019 S.E.V.:  $220,300  ($440,600)

Soil Analysis: 
Good quality soils with adequate drainage. Soil is estimated to be 54%  Parkhill-Selfridge, 23% Corunna sandy loam, & 19% Granby sand with an average productivity index of 88. Drainage tile stated to have been installed in the 1960’s at 4-rod intervals with updates and mains installed at 2-rods in the 1980’s. CRP expired Sept. 2020.                              

Terms and Conditions
  • Parcel sold by the acre, times the bid price, at auctioneers incremental discretion.
  • A $10,000. earnest money deposit in the form of cash, or cashiers check to Wegner Auctioneers is required from successful bidders for the parcel day of sale, upon purchase agreement signing.
  • 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 Taymouth Township & Saginaw 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, Superior Title, Bay City.
  • Properties to be sold free & clear of liens or encumbrances
  • Possession granted at closing with consideration given to current tenant rights to hunt 2020 dear season.
  • You can work ground prior to close.
  • Sale is not subject to inspection or appraisal results
  • View property at leisure with respect to hunter rights
  • Information & refreshments served at 5 p.m. Additional information available through auctioneer.
  • Don’t Miss This Opportunity to Purchase a Large Tract of Good Farmland at Your Price!