SOLD

LAND AUCTION
314+/- Acres offered in 2 Tracts in Bronson Twp.,
71+/- Acres offered in 5 Tracts in Matteson Twp.

Southern Michigan, Branch County, Bronson Twp. & Matteson Twp.

Owner: THOMAS L HERMAN TRUST
Owner: ARDEN J & MICHELLE R SWIFT Mon, Mar 9, 2015 EASTERN

AUCTION IS OVER

TOTAL SOLD: $2,458,000

Tract(s): 1+2 @ $2,000,000 ($6,369/acre)
Tract(s): 3 @ $250,000 ($6,250/acre)
Tract(s): 4 @ $175,000 ($5,833/acre)
Tract(s): 5-7 @ $33,000 ($2,750,000/acre)

• LAND AUCTION
• 314+/- Acres offered in 2 Tracts in Bronson Twp.
• Highly Productive, Irrigated Acres
• 71+/- Acres offered in 5 Tracts in Matteson Twp.
• 2 Tracts with Highly Productive Irrigated Acres
• 3 Tracts with Irrigation Equipment
• Online Bidding Available


OPEN HOUSE/INSPECTION DATES

Sunday, February 22 from 2:00-3:30PM
Monday, March 2 from 3:00-4:30PM

PROPERTY LOCATION

TRACTS 1 & 2 LOCATION: US 12 To Bronson MI go south on Orland Rd. (Matteson St.) 1.5 mile to Dewsenberry Rd. go west approx. .5 mile to Property.
TRACTS 3 - 7 LOCATION: West of Matteson on M-86 go west 1.5 mile to Butz Rd. go south approx. .5 mile to Property.

AUCTION LOCATION

Dearth Community Center, Branch County Fairgrounds, Coldwater MI.
South of US 12 on Sprague St to Garfield Ave. (Southside of Fairgrounds)

TRACT DESCRIPTIONS

Tract 1: 177± ac BRONSON TOWNSHIP
166.5+/- FSA Tillable Acres, approx. 950 ft. Frontage on Dewsenberry Rd. Approx. 600 ft. Frontage on Bawden Rd. 2009 Valley 8000 Series Center Pivot, 5 tower, low pressure, approx. 900 gpm, Approx. 950 hrs. 2000 Valley 8000 Series Center Pivot, 3 tower, low pressure, approx. 700 gpm, 450 hrs. 12 in. X 90 ft. Well 30 ft. SS Screen, 60 hp 3 phase Pump. Approx. 1200 gmp.

Tract 2: 137± ac 117+/- FSA Tillable Acres, 33 ft. Frontage on Bawden Rd. 2013 Valley 7000 Series Center Pivot, 6 tower, low pressure, approx. 660 gpm, 261 hrs.
Bronson Twp. Secs 14 & 22 - ALL IN ONE TRACT OR 2 TRACTS!!

Tract 3: 40± ac MATTESON TOWNSHIP
40.32 FSA Tillable at present time. Approx. 1300 ft. Frontage on Butz Rd. 2008 Valley 7000 Center Pivot, 4 Tower, Low Pressure, drops, 450 gpm, SN# 10633552, 400 ft. Horizontal Well approx. 750 gpm, Remote Panel at well.

Tract 4: 30± ac 28.22 FSA Tillable at present time. Approx. 700 ft. Frontage on Butz Rd. & Approx. 1300 ft. Frontage on W. Shore Drive. 300 ft. Horizontal Well, Irrigated with w/hard hose not part of Tract 4.

Tract 5: 2008 JD 4045T Power Unit 99 Hp, Rockford Clutch, Berkley B3JQBM Pump and Primer, Winco 10 KW 3 phase Generator w/110V Convertor, Self Contained Single Axle Trailer, 1392 Hrs.

Tract 6: ABI Caprari DMR-80-3/2C Pump, 1000 rpm PTO, On Cart, SN# 801-0124

Tract 7: Baurer 125-450 Hard Hose Traveler, TYP 140 HT, 1320 ft. 4.5 in. Hose, Turbine Driven, Hyd Control, Swivel Base, Nelson 200 Gun, always housed, SN# 0307 13318


AREA MAP

TRACT MAP(S)

Herman

Swift

SOIL INFORMATION


Herman


Swift

AREA MAP(S)

PROCEDURE: The property will be offered in 4 individual tract and as a total 385+/- 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, 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.

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 property at closing.

REAL ESTATE TAXES: Sellers will pay 2014 taxes, buyers responsible for 2015 and beyond taxes.

APPROVALS: Sale and closing shall be contingent upon approval by Bronson and Matteson Townships 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 decision of the Auctioneer are final.

Any announcements made the day of the sale take precedence over printed material or any other oral statements made. 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.

Auction Brochure

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