Live and Online at Ranchandfarmauctions.com

Auction Date: 08/19/2024 Auction Time: 11:00 AM ET

Auction Venue Location: Franklin Inn, 1070 E Huron Ave, Bad Axe, MI 48413

Tract 1 Description:

Here’s the property that never comes to auction! This 40± acre tract is a prime tiled farmland located near the town of Bad Axe. This farm has it all, an investor’s dream that could possibly be the next development property just west of Bad Axe or a great addition to any farming operations next tiled, highly productive farm. This farm is made up of Belleville and Avoca loam soils and is freshly tiled on 25 ft centers. It boasts an NCCPI score of 50.61 and has raised some of the area's best crops in the past. The farm is currently planted to sugar beets and this year's rental payment will be prorated to the day of closing based on a 1 year contract so the new owner will receive income the first year. The investment side of this property is amazing. Located 1 mile west of downtown Bad Axe on paved Barrie Rd, and less than a ¼ mile South of M-53, makes this property next on the list of being used for multiple development projects that the city and area have needs for.

Details:

Tract #: 1

Deeded acres: 41.09±

FSA Farmland Acres: 40±

Soil Types: Belleville and Avoca Loams

Soil PI/NCCPI/CSR2: 50.61

CRP Acres/payment: No CRP

Taxes: TBD

Lease Status: Open Tenancy for 2025 crop year

Possession: Immediate possession subject to current tenant's rights for 2024

Survey needed?: Survey in process

Brief Legal: Part of E ¾ of E ½ of SE ¼ of Sec. 23 EXC THE N 549.3 ft

PIDs: Part of 3206-023-068-00

Lat/Lon: 43.7958,-83.0221

Zip Code: 48413

Bidders may participate in the auction on-site or online at Ranchandfarmauctions.com

Onsite bidders should bring a government-issued ID

10% down payment immediately after auction - cash, personal, or business checks accepted

If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

High bidder has 30 days to close unless otherwise noted

Announcements on auction day will take precedence over any prior announcements

This is a no contingency sale and is not subject to financing or additional inspections

Possession at closing, subject to tenant’s rights, if any

If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

40± acres of Highly Productive tillable, tiled farmland

25 foot grid tile spacings

¼ mile South of M-53 (Van Dyke)

1 mile West of Downtown Bad Axe

Excellent Development potential

NCCPI Score of 50.61

Belleville and Avoca Loam Soils

1/2 mile from Bad Axe Schools

5% Buyers Premium

Please visit auctioneer's website for more photos and full Terms & Conditions!