LAND AUCTION - 251+/- ACRES - 2 FARMS/2 HOMES OFFERED IN 6 TRACTS IN BRANCH COUNTY, MICHIGAN

Tracts 1-4: 859 Ely Rd, Quincy, MI, 49082 - Branch County, MI & Tracts 5+6: 1094 Bidwell Rd, Quincy, MI, 49082 - Branch County, MI

Owner: Joseph Shiffer Estate Tue, Aug 13, 6:00 PM EASTERN

• Productive tillable, hay and alfalfa land • Wooded recreational land • Homes and barns • Immediate possession and farming rights

Click here to view FARM EQUIPMENT AUCTION SELLING @ 12PM noon


Auction Info Book


OPEN HOUSE/INSPECTION DATES

Thursday, July 18th from 4-6pm
Tuesday, July 30th from 10am-Noon
Monday, August 12th from 11am-1pm

Meet a Schrader Representative at the homes (Tracts 2 & 5) for more information.

PROPERTY LOCATION

Tracts 1-4: 859 Ely Rd, Quincy, MI, 49082
From downtown Litchfield, MI, travel west on St Joe St/Litchfield Rd 4.5 miles to Ely Rd. Turn south on Ely Rd and travel 2.25 miles to the property.

Tracts 5+6: 1094 Bidwell Rd, Quincy, MI, 49082
From Tracts 1-4 travel south on Ely Rd 0.5 miles to Bidwell Rd. Turn west on Bidwell Rd and travel 1 mile to the property.

AUCTION LOCATION

The Dearth Community Center - Branch County Fairgrounds
262 South Sprague Street, Coldwater, MI 49036.
From exit 13 on I-69 at Coldwater, travel west on E Chicago St toward downtown Coldwater 0.8 miles to Sprague St. Turn South on Sprague St., and travel 0.8 miles to Garfield Ave. (past the main entrance to the Fairgrounds). Turn West on Garfield Ave. and travel 0.2 miles to the Dearth Community Center.

TRACT DESCRIPTIONS

Tract 1: 46± ac of quality hay fields with great road frontage on Ely and Robinson Rds. The northeast corner contains meadows with scattered timber throughout.

Tract 2: 2± ac containing a 3-bedroom farmhouse and multiple outbuildings, including a 3-car garage. A beautiful setting for a farmette or consider combining with Tract 3 for a larger slice of heaven.

Tract 3: 50± ac of productive hay and tillable fields with a ditch running through the west portion of the tract. The southwest corner contains marshland with mature timber running along the south border and southeast corner with excellent recreational opportunity.

Tract 4: 76± ac "SWING TRACT" of mostly productive tillable farmland. A large timber stand sits in the southeast corner of the tract with plenty of wildlife. Combine with Tract 1 or 3 for a great farming and recreational piece with nice road frontage. This tract must be combined with other tracts in the auction providing road frontage or be purchased by an adjoining landowner.

Tracts 5+6: 1094 Bidwell Rd., Quincy, Michigan 49082.

Tract 5: 4± ac offering an older home on a rural homesite with multiple outbuildings. It has great road frontage on Bidwell Rd and mature trees throughout for a great rural experience. Consider the possibilities!

Tract 6: 73± ac including mostly productive tillable farmland with road frontage on Bidwell Rd. The southern portion contains a mix of marshland and mature timber. The northwest corner contains a large mature timber stand. This piece has abundant wildlife throughout offering excellent recreational and farming opportunity.

TRACT MAP(S)

FARM 1: Tracts 1-4

FARM 2: Tracts 5-6

AREA MAP(S)

PROCEDURE: The property will be offered in 6 individual tracts, any combination of tracts (Subject to "Swing" Tract Limitations) and as a total 251+/- acre unit. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete.

DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of 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.

DEED: Property to be conveyed by Personal Representative's Deed(s).

CLOSING: The targeted closing date will be approximately 30 days after the auction.

POSSESSION: At closing.

REAL ESTATE TAXES: Real Estate taxes will be prorated to the date of closing.

PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates have been scheduled and will be staffed w/ auction personnel. Further, Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.

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

SURVEY: The Seller shall provide a new survey where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. Seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance. Combination purchases will receive a perimeter survey only.

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 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 question 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.