• Real Estate Sells at 10AM • 10+/- Acres w/Home, Shop, Warehouse and Grain System • Many Uses • Great Setting • Fab Shop - Auto Repair • Headquarters for Farm Operation • Equipment sells @ 11AM • Tractors, Truck Trailer • Toys • Harvest Equipment • Tillage & Crop Care • Farm Related • Personal Property • AUCTIONEERS NOTE: This is an excellent line of equipment, low hours, well maintained, one operator only. Off road parking. Be on time very few small items.
REAL ESTATE & PERSONAL PROPERTY AUCTION IN KALAMAZOO COUNTY, MICHIGAN
16741 S. 46th St. Fulton, Michigan - Kalamazoo County
Owner: Artie & Penny Fromm - Artie 269-967-5685 Mon, Feb 22, 2016 EASTERNAUCTION IS OVER
TOTAL SOLD: $242,000
| Tract(s): 1+2 | @ $242,000 | ($24,197/acre) |
OPEN HOUSE/INSPECTION DATES
Monday, February 8 from 3:00-4:30
Sunday, February 14 from 2:00-3:30
Meet a Schrader representative at TRACT 1 in Building
PROPERTY LOCATION
Real Estate Location: 16741 South 46th St., Fulton, MI
AUCTION LOCATION
EQUIPMENT LOCATION: 16160 S 44th St. Fulton, MI
DIRECTIONS: North of Leonidas on Fulton Rd. 4.5 miles OR South of Fulton on 42nd St. 2 miles to Y Ave go East 1 mile to 44th St. for Equip. and 2-1/4 mile to 46th St. go south 3/4 mile to Real Estate.
TRACT DESCRIPTIONS
Tract 1:
10± ac
some tillable, mostly wooded with approximately 330 frontage on 46th Street. Home approximately 1840 sq.ft. main level and 1560 sq.ft. lower level, 4 bedrooms, 2-1/2 baths, newer Hi Efficiency LP heat and air, appliances included, 200 amp service, large 2 car attached garage.
Building 1: All steel, 50x108, approximately 5400 sq.ft. w/ 28x40 shop w/ 2 lofts, bathroom, 3 overhead doors, office area, plus 18x58 lean to approximately 1040 sq.ft. all cement.
Building 2: All steel, approximately 50x96, all cement, plus 16x42 2-room area w/ loft, forced air heat.
Tract 2:
GRAIN HANDLING SYSTEM
(Must be removed if not sold with Real Estate).
AB-180A Farm Fans Dryer 180 bu. Roof, 2000 bu. Wet Bin, sheets to make 3000 bu. 20,000 bu. 36 bin full floor sweep auger, 11,000 bu. 30 bin full floor sweep auger, 5,000 bu. 21 bin full floor sweep auger, transport auger 8x54 elect. motor, transport auger 8x40 elect. motor, 6 wet bin auger.
AREA MAP
AREA MAP(S)
PROCEDURE: The property will be offered in 2 individual tracts or as a total of 10+/- acres. Bid on individual tracts, any combination of tracts or on the entire property. There will be open bidding on all tracts and combinations during the auction as determined by the auctioneer. The property will be sold in the manner resulting in the highest total sale price.
DOWN PAYMENT: 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. The final bid price are subject to the Sellers acceptance or rejection.
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 Sellers.
EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.
POSSESSION: Possession of the property shall be 30 days after closing or sooner, if possible. Grain system must be removed before June 15, 2016.
REAL ESTATE TAXES: Seller shall pay the 2015 taxes, buyers responsible for 2016 and beyond taxes.
APPROVALS: Sale and closing shall be contingent upon approval by Wakeshma 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 s hare the survey expense 50:50. AGENCY: Schrader Real Estate and Auction Company, Inc. and its representatives are exclusive agents of the Seller.
DISCLAIMER AND 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 Sellers or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conduction 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 Sellers or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Sellers and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions 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.
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