• Farmstead • Productive Tillable Land • Hunting/Recreational Land • Abundance of Road Frontage
212 Acres Offered in 6 Tracts - Selling Regardless of Price
Coldwater, MI
Owner: Myron R. Snyder Trust Mon, Dec 7, 2009 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Meet a Schrader Representative at Tract 6 . . .
Sat., November 14, 10:30am - 12noon & Mon., November 16,
3:30pm - 5:30pm.
Walk-over inspections permitted . . .
Wear Hunter
Orange!!
PROPERTY LOCATION
559 Kibbe Rd., Coldwater, MI 49036 Property is located just north of Coldwater Lake Chain! From I-69 Kinderhook exit, go east on Copeland Rd. 2 miles to Quimby Rd., turn North & stay on Quimby & follow north 4-1/2 miles to farm. From Coldwater, take Hwy. US 12 east of US 12 & I-69, 1/2 mile to Fiske, go south 3 miles to Dubendorf Rd., go east 1/4 mile to Quimby Rd., go south 2 miles to Kibbe Rd., go west to center of farm.
AUCTION LOCATION
at the Branch Co. Fairgrounds in the Dearth Community Center
TRACT DESCRIPTIONS
Tract 1: 36.7± ac with approximately 1100 ft. of road frontage along Central Road. This tract offers 34 tillable acres with the majority of soils being Teasdale fine sandy loam and a pocket of Edwards muck in the northeast corner. The southern half has been tiled several years ago with a drain through the north half. There is an open drain that borders the east line of this property. Enrolled in PA451 through 2015.
Tract 2: 40± ac with approximately 1300 ft. of road frontage along Kibbe Road. This tract offers 38 tillable acres with a combination of Teasdale and Bronson sandy loam soils and an area of Houghton muck. Enrolled in PA451 through 2015.
Tract 3: 40± ac with approximately 1300 feet of road frontage along Quimby Road and also over 1300 ft. along Kibbe Road. There is a 12 acre wooded piece along Quimby Road and the remainder are approximately 26.5 tillable acres. There is a large band of Matherton sandy loam across this property along with some Osthtemo sandy loam. The majority of the woods is Sebewa loam. Enrolled in PA451 through 2015.
Tract 4: 45± ac with over 1300 ft. of road frontage along Kibbe Road. There is an open drainage ditch that runs through this tract, from the road to the wooded area south and eventually to Long Lake. This tract offers approximately 36 tillable acres. There are approximately 8 acres of wooded area on this tract that is full of deer activity. Long lake is very close and visible from this tract. A Great combination of productive acreage plus recreational opportunities. The terrain on this tract is variable with a variety of sandly loam soils and the wooded area predominately Sebewa loam and Adrian muck. Enrolled in PA451 through 2015.
Tract 5: 45± ac with approximately 1300 ft. of road frontage along Lawrence Road plus additional road frontage along Kibbe Road. This tract has approximately 31.5 acres of productive tillable acreage with the majority of the tillable soils being fine sandy loam soils and then there are approximately 12 acres of grass and wooded areas. These areas are Houghton muck soils. Again, this tracts offers some exceptional deer hunting areas. This tract wraps around the Farmstead with home and buildings. Combine these two tracts for a great 50 acre mini farm with an abundance of road frontage. Enrolled in PA451 through 2015.
Tract 6: 5± ac 2 STORY FARM HOME, OUTBUILDINGS AND 5 ACRES! This tract boasts an elevated vantage point overlooking the back of the farm, (Tract 5). The home has a large country kitchen, large rooms and bedrooms throughout. Large hip roof barn. This tract includes small parts of the tillable acreage of this farm. Great large garden or pasture areas! There is approximately 550 ft. of road frontage along this tract. Enrolled in PA451 through 2015. Take a look at the combination of Tracts 3 through 6 for a 3/4 mile long section of land containing approximately 135 acres of productive tillable and recreational land!!
EQUIPMENT & PERSONAL PROPERTY
TRACT MAP(S)
PLAT MAP(S)
AREA MAP(S)
Procedure: The property will be offered in 6 individual tracts and as a total 212 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, cashierâ€TMs 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. All tracts sold Absolute regardless of price.
Evidence of Title: Seller shall provide an ownerâ€TMs 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 land at closing.
Real Estate Taxes: Buyer shall assume 2010 taxes.
Approvals: Sale and closing shall be contingent upon approval by Ovid 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 â€oeAS 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 personâ€TMs credentials, fitness, etc. All decision of the Auctioneer are final.
STOCK PHOTOS: Wildlife photos are for illustrative purposes only.
Any announcements made the day of the sale take precedence over printed material or any other oral statements made.
None at this time
