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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. 

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