Block N L-180013-22 SEALED BID SALE 91.04+/- Acres Calhoun County, Michigan SEALED BID DEADLINE: Friday, June 1 by 1:00 PM EDT Contact Agents for Additional Details! Property Location: Four miles south of Olivet on Old US Highway 27 to R-Dr N. Take R-Dr N three miles east to 23 Mile Road. The farm is located one quarter mile south on 23 Mile Road on both sides. Property Description: Highly productive soils, large contiguous tracts, five pump stations located on the farm, mostly tillable acres. There is an oil well and hoop barn located on the property as well. Block N on FNC Website www.farmersnational.com/chs. Neal Herr, AFM, Agent Camden, Indiana Office: (74) 89-2234 Cell: (76) 437-9468 NHerr@FarmersNational.com www.farmersnational.com/nealherr Steve Herr, AFM, Agent Lapeer, Michigan Office: (810) 664-4182 Cell: (810) 69-638 SHerr@FarmersNational.com www.farmersnational.com/steveherr Serving America s Landowners Since 1929 www.farmersnational.com Troy Parsell, CGA, Agent Lapeer, Michigan Office: (810) 664-4182 Cell: (989) 673-0644 TParsell@FarmersNational.com www.farmersnational.com/troyparsell Real Estate Sales Auctions Farm and Ranch Management Appraisals Insurance Consultations Oil and Gas Management Lake Management Forest Resource Management National Hunting Leases FNC Ag Stock
n St R Dr N 1 2 2 N e Rd Summary Page 91.04+/- Total Acres Lee and Clarence Townships Calhoun County, Michigan Tract 1 442.34± total acres 387.48± tillable acres Oil well pump system Pump system and storage containers/dike 472.70± total acres 419.60± tillable acres Hoop barn/storage building - approximately 30 x 60 Shed - approximately 24 x 3 Property Location Map Bellevue ST W Butterfield Hwy Marshall Rd S Ma in Olivet S Cochr 27 Partello 23 1/ 2 Mil e Rd 69 23 Mi le Rd 69 N Dr N Walnut Point US Highw ay 27 Verona Rd W Michigan Ave Brewer St 94 Partello Rd G-Drive N 22 1/ 2 Mil e Rd H-Drive N 26 Mi le Rd H-Dri ve E Michigan Ave D-Drive N W Michigan Ave S Kalamazoo Ave 23 Mi le Rd Marengo ST 199 Marshall Division Dr Note: Parcel lines may not line up with aerial imagery.the parcel lines are not survey grade and their accuracy varies across the county. Their purpose is solely for visual representation.
Tract 1 442.34± Total Acres 387.48± Tillable Acres Lee Township Calhoun County, Michigan Parcel ID Numbers 13-230-018-00 13-230-006-00 Farm Data Cropland Non-crop Total 387.48 acres 4.86 acres 442.34 acres FSA Information (F6136, 6137, 6138, 6139 T9671, 9672, 9669, 96670): Base Yield Corn 18.68 acres 117 bushels Soybeans 36.66 acres 3 bushels Taxes: $6,192.07 or $13.99 per acre Improvements: Oil well pump system Pump system and storage containers/dike Note: None of these assets have been operated by Seller, being sold and presented AS IS WHERE IS. Sec. 1 72 29B 29C 29B 29B Sec. 24 7 Sec. 23 1S W 3A 16B 28B 39B 82 Tract 1 Tract 1 7 39B Sec. 22 2 73 MAP NON IRR SYMBOL NAME LCC ACRES 7 Houghton muck, drained, 0 to 1 percent slopes IIIw 2.7 Palms muck, 0 to 1 percent slopes Vw 47.6 29B Hillsdale sandy loam, 0 to 6 percent slopes IIe 37.6 Blount loam, 1 to 4 percent slopes IIe 3.9 Pewamo clay loam IIw 14.4 39B Morley loam, 2 to 6 percent slopes IIe 10. 29C Hillsdale sandy loam, 6 to 12 percent slopes IIIe 6.7 73 Pella silt loam IIw 3.1 82 Udipsamments and Udorthents, nearly level to steep 2.9 16B Oshtemo sandy loam, 0 to 6 percent slopes IIIs 2.7 Morley loam, 6 to 12 percent slopes IIIe 0. 2 Houghton muck, undrained, 0 to 1 percent slopes Vw 0.3 72 Barry loam, 0 to 2 percent slopes IIw 0.3 3A Kibbie loam, 0 to 2 percent slopes IIw 0.3 28B Elmdale sandy loam, 2 to 6 percent slopes IIe 0.0 TOTAL 441.6 Note: Parcel lines may not line up with aerial imagery.the parcel lines are not survey grade and their accuracy varies across the county. Their purpose is solely for visual representation.
472.70± Total Acres 419.60± Tillable Acres Lee and Clarence Townships Calhoun County, Michigan Parcel ID Numbers 13-240-006-00 06-119-012-00 Farm Data Cropland Non-crop Total 419.60 acres 3.10 acres 472.70 acres FSA Information (F6136 T8431): Base Yield Corn 6.79 acres 123 bushels Soybeans.3 acres 26 bushels Taxes: $10,313.22 or $21.82 per acre Improvements: Hoop barn/storage building - approximately 30 x 60 Shed - approximately 24 x 3 2 Sec. 24 Sec. 19 1S W 1S 4W 82 39B 7 6 3A 73 3A 73 ec. 23 33C 3A 43B MAP NON IRR SYMBOL NAME LCC ACRES 7 Houghton muck, drained, 0 to 1 percent slopes IIIw 226.1 Pewamo clay loam IIw 62.9 Palms muck, 0 to 1 percent slopes Vw 62.9 Blount loam, 1 to 4 percent slopes IIe 39.7 3A Kibbie loam, 0 to 2 percent slopes IIw 2.6 73 Pella silt loam IIw 21. 82 Udipsamments and Udorthents, nearly level to steep 13. 39B Morley loam, 2 to 6 percent slopes IIe 7.4 Morley loam, 6 to 12 percent slopes IIIe.7 43B Brady sandy loam, 1 to 4 percent slopes IIe 4.8 33C Riddles loam, 6 to 12 percent slopes IIIe 4.7 2 Houghton muck, undrained, 0 to 1 percent slopes Vw 1.4 6 Sebewa loam, 0 to 2 percent slopes IIw 0.0 TOTAL 476.2 Note: Parcel lines may not line up with aerial imagery.the parcel lines are not survey grade and their accuracy varies across the county. Their purpose is solely for visual representation.
Property for Sale by Bids L-180013-22, 91.04+/- Acres, Calhoun County, Michigan Bid Procedure Written bids will be received at the office of Farmers National Company, 411 Nepessing, Lapeer, MI 48446, until 1:00 PM (EDT), on Friday, June 1, 2018. Bids should be for the total dollar amount and not per acre. Please submit your highest and best offer. There will be no oral bidding. We will acknowledge receipt of all bids. Seller reserves the right to reject any and all bids, and modify bidding requirements at their discretion. Bid Method: Bidding will be either by a single whole farm bid OR by the individual tract desired. Contact Agent for additional tract questions. Terms of Sale and Closing Terms of the sale are cash. The successful bidder will be required to sign a purchase agreement and provide a 10% earnest money check with the balance due at closing in approximately 30 days. At the execution of the purchase agreement, the successful bidder will provide a lender s financial commitment letter for the amount of the purchase price. The seller will provide an owner s policy of title insurance in the amount of the contract price. The cost of title insurance and escrow closing services will be shared equally between buyer and seller. Seller will convey title by a special warranty deed. Property Taxes Real estate taxes for 2017 payable in 2018 will be paid by the seller. All future taxes will be the responsibility of the buyer(s). The 2018 real estate taxes paid in 2019 will be prorated based on the same calculation as the crop lease revenue and settled at the closing. Minerals All mineral interest owned by the seller, will be conveyed to the buyer(s). Irrigation Equipment Seller does not guarantee unencumbered title to irrigation equipment. Irrigation systems, if any exist on the property, are NOT guaranteed to be free and clear of any and all title encumbrances per the seller. Buyer agrees property is being sold with this understanding. Crop Lease 2018 Crop Lease Revenue will be pro rated via June 1 through October 31, 2018 time frame. Conditions This offering/sale is subject to all easements, covenants, restrictions of record, leases, and any other agreements, if any. Bidder is responsible for conducting their own inspections (with approval from FNC agent), inquiries, and due diligence concerning the subject property. All property is offered for sale on an As IS WHERE IS basis with no warranties or guarantees, either expressed or implied, by the seller or Farmers National Company. Personal property of prior or current tenants on site is not offered as part of the sale. Surveys are at the discretion of the seller when legal descriptions do not clearly define the tract(s). The buyer takes subject to any existing tenancy on the property, whether by written or oral lease. Agency Farmers National Company and its representatives are acting as Agents of the Seller. For more information, contact: Neal Herr Farmers National Company 411 W Nepessing St Lapeer, MI 48446 NHerr@Farmersnational.com Telephone: (76) 437 9468
Bid Form Block N L-180013-22, 91.04+/- Acres, Calhoun County, Michigan I/we hereby offer the following amount(s) for the tracts listed below: Whole Farm: 91.04 acres Bid amount $ Tract 1: 442.34 acres Bid amount $ : 472.70 acres Bid amount $ Bid is total price NOT per acre. I acknowledge there will not be an oral bidding and agree to sign a purchase agreement and deposit 10% earnest money on the date of sale if I am the successful bidder. Signature Date Print name Address City State ZIP code Telephone number Cell phone number Email Return no later than 1:00 PM (EDT), Friday, June 1th, 2018, to: Neal Herr Farmers National Company 411 W Nepessing St Lapeer, MI 48446 NHerr@Farmersnational.com Telephone: (76) 437-9468