AUCTION IS OVER

TOTAL SOLD: $235,000

Tract(s): 1+3+4	@ $215,000	($4,334/acre)
Tract(s): 2	@ $20,000	($5,333/acre)

• Including Beautiful Log Home on Stag Lake • 3 Miles North of I-80 at Middlebury, Exit 107 • 14 Miles West of Sturgis, MI • 14 Miles East of Elkhart, IN

OPEN HOUSE/INSPECTION DATES

Saturday, August 2, 10:00 -11:30 AM
Tuesday, August 5, 4:30-6:00 PM
For a private inspection call a auction manager

PROPERTY LOCATION

69785 Blue School Rd. White Pigeon, MI 49099.
Go west of US 131 at White Pigeon on US 12, 1 mile to Blue School Rd go south approx. 3/4 mile to Property.

AUCTION LOCATION

Mottville Twp. Hall 68596 Thomas St., White Pigeon, MI

TRACT DESCRIPTIONS

Tract 1: 4.6± ac 736 ft. frontage on Blue School Rd. 1995 Log Home approx. 1000 sq. ft. main level w/kitchen, 800 sq. ft. upper level, and 1000 sq. ft. lower level with walkout and kitchen. 3 bathrooms, 4 bedrooms, electric apps. Beautiful stone fireplace, wrap around deck, extra large 2 stall detached garage w/ covered walkway, 200 amp service, LP heat, 5 in. well w/ 8 in. casing, asphalt drive. 1994 large pole barn shop approx. 34 ft. x 58 ft. 1 overhead door, 1 slide door, 1 passage door, concrete floor, 200 amp service.

Tract 2: 3.8± ac approx. 692.13 ft. frontage on Blue School Rd. wooded and open land great building or recreation site w/ 568 ft. frontage on the lake.

Tract 3: 44.1± ac including Stag Lake approx. 900 ft. frontage on Blue School Rd. great fishing lake.

Tract 4: 0.8± ac approx. 400 ft. frontage on Blue School Rd. all wooded, cannot build a dwelling on this property.

AREA MAP

TRACT MAP(S)

AREA MAP(S)

PROCEDURE: The property will be offered in 4 individual tract and as a total 53+/- acres.

DOWN PAYMENT: Ten percent (10%) down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashiers check, personal check, or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.

ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction.

EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.

CLOSING: The balance of the purchase price is due at closing, which shall take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession of property at closing.

REAL ESTATE TAXES: Prorated to date of closing.

APPROVALS: Sale and cl osing shall be contingent upon approval by Mottville Township and the proposed land division and compliance with Public Act 591, as to all parcels sold. All real estate is being sold subject to any existing easements and right-of-ways of record and without grants of further division rights under Public Act 591.

ACREAGE: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.

SURVEY: A new survey will be made where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Buyer(s) and Seller will share the survey expense 50:50.

AGENCY: Schrader Real Estate & Auction Company, Inc. and its representatives are exclusive agents of the Seller.

DISCLAIMER & ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding, if there is any questions as to the persons credentials, fitness, etc. All decision of the Auctioneer are final.

Any announcements made the day of the sale take precedence over printed material or any other oral statements made. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE.

Auction Brochure

Click to download