SOLD

WOODLAND, REAL ESTATE & PERSONAL PROPERTY AUCTION - 93+/- Acres offered in 2 Tracts in Cass & Van Buren Counties

Cass & Van Buren Co. Michigan

Owner: Charles Wimberley & Todd Franklin Real Estate Mon, Sep 21, 2015 EASTERN
Equipment & Personal Property at 6:00 PM EASTERN

AUCTION IS OVER

TOTAL SOLD: $93,730

Tract(s): 1 @ $93,730 ($3,180/acre)

• 2 AUCTIONS IN ONE - Southern Michigan & Indian & Sister Lake Area • Secluded Cabin & Woodlands in Cass County • Woodlands with Shed & 2 Ponds in Van Buren County • Great Hunting & Recreation Area • Wonderful Locations • Possible Building Sites • Beautiful Land • Tracts 1 & 2 CANNOT be Combined


OPEN HOUSE/INSPECTION DATES

Sunday, September 6 from 2:00-3:00PM
Saturday, September 12 from 10:00-11:30AM

PROPERTY LOCATION

Tract 1: Garret Rd. 54000 Block, Section 28, Cass County, Silver Creek Township, Dowagiac MI 49047, 4 miles West of Dowagiac on M 62 to Garret Rd. go North 1.5 mile to property.
Tract 2: 80th Ave. 68000 Block, Sect. 7, Van Buren Co, Keeler Township, Hartford MI 49057, 1 mile North of Keeler on 64th St. OR 4.5 miles South of Hartford at I- 94 exit on 64th St. to 80th Ave. go West 2.5 miles to property.

AUCTION LOCATION

Silver Creek-Keeler United Methodist Church, 31994 Middle Crossing Rd. @ Garret Rd.

TRACT DESCRIPTIONS

Tract 1: 29.5± ac approx. 987 ft. frontage on Garret Rd., mostly wooded with opening that contains a really neat 18 ft.X30 ft. Cabin w/ 9 ft.X18 ft. porch, gas range, gas heater, 500 gal LP tank, well with hand pump, and all the furnishings. Rolling land w/small stream, great place to build secluded year round home, timber value, trails throughout the property, hunting stands.

Tract 2: 63.9± ac 739 ft. frontage on 80th Ave, approx. 55 acres wooded rolling land, approx. 8 acres open land, 2 ponds, approx. 16 ft.X23 ft. hip roof building on skids 2 story, timber value many spices of trees, great place to build a secluded home, good trails throughout property, hunting stands.

Tract 3: 2011 KUBOTA B3300SU, MFWD, 4 cyl diesel 33 hp, 540 pto, 2 post ROPS, front wts, 38 ACTUAL HOURS, SN 53724, Purchased New July 2011

Tract 4: Land Pride RCR1860 Rotary Cutter, 60 in. cut, 3 pt, SN 692976, New July 2011

Tract 5: Land Pride RTA1258 Tiller, 58 in., 3pt, SN 697840, New July 2011


AREA MAP

TRACT MAP(S)

Tract 1

Tract 2

SOIL INFORMATION


Tract 1


Tract 2

AREA MAP(S)

PROCEDURE: The property will be offered in 2 individual tract as a total 93+/- acres. Tract 1 and Tract 2 cannot be combined.

DOWN PAYMENT: Ten percent (10%) down payment on the day of auction with the balance in cash at closing. 3% buyers premium. 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 closing shall be contingent upon approval by Silver Creek/Keeler 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.

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.

PERSONAL PROPERTY TERMS AND CONDITIONS: Paid in Full Auction night.

Auction Brochure

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