• Highly Productive Soils • Tillable, Tiled Farmland • Woods • Valley 8000 Series Irrigations & Pumps
540 +/- Acres Highly Productive Soils - Land and Farm Equipment Auction
Breckenridge, MI - Gratiot County
Owner: Kent & Kimberly Karnemaat and Tom & Julie Karnemaat, Karnemaat Farms LLC Mon, Nov 19, 2012 EASTERNAUCTION IS OVER
OPEN HOUSE/INSPECTION DATES
Monday, October 29th, 10-11:30,
Monday, November 12th, 10-11:30.
Meet with a Schrader representative at Bethany Twp. Hall, 9958 Blair Rd., St Louis, MI.
WALK OVERS WELCOME
PROPERTY LOCATION
TRACTS 1-10, 400 +/- acres: North of M 46 on N. Wisner Rd., west side of Breckenridge. Sections 12-13 Bethany Twp. Between N Wisner Rd. and N. Allen Rd.
TRACTS 11-14, 140 +/- acres: West of Ithaca on W. Washington Rd. 5 miles to Ely Hwy. (CR 543) go south 3/4 mile to W. Fillmore Rd., go west 1 mile to Pendell Rd., go south 3/8 mile to property. Section 12 New Haven and Section 7 Newark.
AUCTION LOCATION
Breckenridge High School Cafeteria, 700 Wright St., Breckenridge, MI 48615.
PROPERTY DESCRIPTION
TRACTS 1-5: 200+/- acres. 171.53 FSA tillable acres, 136.14 irrigated acres, highly productive soils, tiled, 1-wind tower.
TRACTS 6-10: 200+/- acres. Approximately 179 acres tillable, approximately 110 acres irrigated, highly productive soils, tiled, 1-wind tower and 1-substation.
TRACT DESCRIPTIONS
Tract 1: 80± ac Approximately 1/2 mile frontage on N. Allen Rd. and approximately 1/4 mile frontage on Jefferson Rd. Mostly tillable, tiled,12 in. gravel pack well, 10 in. plastic pipe to pivot.
Tract 2: 80± ac Approximately 1/2 mile frontage on N. Wisner Rd. and approximately 1/4 mile on Jefferson Rd. Tiled. Approximately 6 acres wooded.
Tract 3: 40± ac Approximately 660 ft. frontage on N. Allen Rd. and approximately 660 ft. frontage on N. Wisner Rd. Tiled. Approximately 16 acres wooded.
Tract 4: 2007 Valley 8000 Series Irrigation, 7 tower plus long corner, CAMS box, drops, low pressure, 1545 ft. total length.
Tract 5: 2007 JD 6068T, 100KW Gen. set, submersible pump, 750 GPM, fuel tank.
Tract 6: 105± ac Approximately 1/2 mile frontage on Jefferson Rd. and approximately 660 ft. on N. Wisner Rd. Approximately 90 acres tillable, tiled, approximately 30 acres irrigated, 6 in. well and pump building, tied to large well by 10 in. plastic pipe on Tract 1. 1- wind tower and 1- substation located on this Tract.
Tract 7: 2007 Valley 8000 Series Irrigation, 4 tower, towable, CAMS box, drops, 649 ft., low pressure.
Tract 8: JD 4045T, 60 KW gen set, submersible pump, 6 in. Soft hose.
Tract 9: 90± ac Approximately 1320 ft. frontage on Madison Rd. 89.09 FSA tillable acres, tiled, 8 in. plastic pipe from Tract 6 to supply water for irrigation,
Tract 10: 2007 Valley 8000 Series Irrigation, 7 tower plus long Corner, blue box, drops, 1550 ft. total length, low pressure.
Tract 11: 140± ac 132.87 FSA tillable acres, approx. 1700 ft. frontage on Pendell Rd., gently rolling to level, productive soil. 2- 600 ft. horizontal wells tied together for 1 pump, 8 in. plastic pipe to pivots.
Tract 12: 2007 Valley 8000 Series Irrigation, 7 towers, Blue Box, 1303 ft. total length, low pressure.
Tract 13: 2007 Valley 8000 Series Irrigation, 5 tower, Blue Box, 1017 ft. total length, low pressure.
Tract 14: 2007 JD 4045D, 40KW, Cornell pump.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
AREA MAP(S)
PROCEDURE: The property will be offered in 14 individual tracts and as a total 540 acres.
DOWN PAYMENT: Ten percent (10%) down payment on the day of auction with the balance in cash at closing. If the irrigation is sold separately from the real estate, 100% payment is due on the day of sale. 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. All final bid prices are subject to the Sellers acceptance or rejection.
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 land at closing. With Tenants right to 2012 crops.
REAL ESTATE TAXES: Seller shall assume 2012 taxes.
APPROVALS: Sale and closing shall be contingent upon approval by Bethany and New Haven 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 decisions of the Auctioneer are final.
Any announcements made the day of the sale take precedence
over printed material or any other oral statements made.
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