Ernest & Ferris Schrock Estate

Tract 1 •  19.11 Surveyed Acres

• FSA figures should indicate 3.59 HEL cropland acres currently in CRP. The CRP payment is $157.90 per acre expiring in 2030.
• 3 bedroom ranch home with full basement and several mechanical updates.
• Morton 45ft. X 30ft. pole building with 9ft. X 45ft. lean-to.
• Other outbuildings.
• Deep well and shallow well.
• Small, older farm pond in need of rehab.
• Many apple, peach and cherry trees.
• The balance of the tract is meadows, wooded areas with Whitetail deer and turkey habitat and a small amount of tillable land.
• Fantastic country setting!
• Access on the northeast corner by 65th St.

Tract 2 • 102.73 Surveyed Acres

• FSA figures should indicate 42.56 HEL cropland acres.
• 6.88 acres currently in CRP. The CRP payment is $157.90 per acre expiring in 2030.
• 5.92 acres currently in CRP. The CRP payment is $114.00 per acre expiring in 2024.
• Tillable and wooded acres.
• Productivity Index (PI): 94.6.
• Productive soil types include Seaton, Timula-Hickory, Orion, Seaton-Timula.
• This tract has a good combination of income producing crop land and timber with tremendous outdoor recreational potential as well as whitetail deer and wild turkey habitat.
• Access on the northeast corner by 65th St.

Both tracts have been surveyed. Tract 1 will sell first, for a lump sum, total dollar amount. Tract 2 will then sell by the acre, based on the surveyed acres. The tracts will NOT be offered together or in combination at the conclusion of the auction.

Bidding is NOT subject to any contingencies, including but not limited to financing, appraisal, or inspection.

Immediately following the auction, the successful buyer(s) will be required to enter into a written Real Estate Sales Contract with the seller and pay ten percent (10%) of the bid price as a non-refundable down payment. The balance of the bid price will be due at the time of closing, on or before February 23rd, 2024.

The seller will provide title insurance in the full amount of the purchase price and pay the 2023 real estate taxes, due and payable in 2024. Buyer to pay the 2024 and all subsequent taxes. Possession will be given at the time of closing. The land sells free and clear of 2024 farm tenancy.

The information in this brochure is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. The Buyer acknowledges that they have carefully and thoroughly inspected the real estate and are familiar with the premises. The Buyer is buying this real estate in its “as is” condition and there are no expressed or implied warranties pertaining to the real estate. All announcements sale day shall take precedence over any prior advertising either written or oral.