- This auction has passed.
323 Acres Oregon Rd Auction
November 3, 2016 @ 2:00 pm - 7:30 pm
Tracts 1 and 2 sold for $1,950,000/$6,971 per acre
Tract 3 sold for $300,000/$6,849 per acre
TOTAL FARM SOLD FOR $2,250,000 WITH AN AVERAGE OF
$6,965.94 PER ACRE
323 Acres Franklin County
- Grain farm
- 308 Acres Tillable
- Selling in 3 tracts
- Highly productive tillable land
- Excellent location
Down Payment: Purchaser required to pay Ten Percent (10%) down payment of the total bid on the day of the auction. The down payment may be paid in the form of cash, personal check or business check. Checks will be made payable to Wilson National Trust Account. Balance of purchase price due at closing.
Acceptance of Bid Prices: The successful bidder will be required to sign a Purchase Agreement at the Auction site immediately following the close of the Auction. This is a cash on delivery of deed sale. Your Bidding is not Conditional Upon Financing, so be sure you arranged financing, if needed, and are capable of paying cash at closing.
Closing: Closing shall occur on or before December 19, 2016.
Possession: On closing date subject to tenant’s rights to harvest 2016 crop.
Title: Property is selling with good marketable Title by Trustee’s Deed. Purchaser is responsible for Title insurance if desired.
Real Estate Taxes: Seller to pay 2016 taxes, buyer thereafter. Buyer responsible for CAUV recoupment due to change in land use if applicable.
Agency: Wilson National, LLC. and its representatives are Exclusive Agents of the seller.
Survey: A new survey will be provided by seller if necessary for transfer. The survey will be at the Sellers expense and any issues regarding the survey will be at the Seller’s discretion.Combination purchases will receive a perimeter survey only. Acreage and purchase price will be adjusted to the new surveyed acre if one is required.
Mineral Rights: All mineral rights owned by the Sellers will be conveyed to the Buyers.
Disclaimer & Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase. Announcements made by the Auctioneer at the auction podium during the time of sale will take precedence over any previously printed material or any other oral statements made. The property is 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. 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 believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller, the broker or the auction company. All sketches and dimensions in this brochure are approximate. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The seller, broker and auction company reserve the right to preclude any person from bidding if there is any questions to that person’s credentials, fitness, etc. All decisions of the Auctioneer are final.
New Data, Corrections, and Changes: Please arrive prior to scheduled auction time to inspect any changes, corrections or additions to the property information.