Event Description:
335+/- Acres Pickrell Area
Merle and Willa Drent Property
Friday, March 22nd, 2024, at 10:00am at the Pickrell Community
Directions: East of Pickrell to SW 2nd Rd then 1 mile north to E Chestnut Rd.
Tract I: 147.8 acres located in S 1/2 NE 1/4 & SE 1/4 Sec. 15-T5N-R6E. See copy of survey showing
boundaries.
Description: Estimated 116.0/AC cropland with balance mostly mature trees. Cropland is about 80% class II soils.
This is a very productive farm. Acres are estimated as farm is being divided.
Tract 2: 40.620 acres located in N 1/2 NE 1/4 Sec. 22-T5N-R6E. See copy of survey showing boundaries.
Description: Estimated 32 acres cropland. Approximately 60% class II soils and 20% class III soils. Very productive
tract of land. The balance is mature trees and Indian Creek runs through the SW corner of the
property. This is excellent wildlife habitat.
Tract 3: 71.5 acres located in W 1/2 N 1/2 NE 1/4 Sec. 22 and W 1/2 SE 1/4 Section 15-T5N-R6E. See survey
for boundary lines.
Description: Estimated 50 acres cropland that is all class II soils. The balance is mature trees. The boundary line is
Indian Creek. Access is from Hwy 77 and E Chestnut Rd. a public unimproved road.
Tract 4: 39.815 acres in NW 1/4 SW 1/4 Sec. 14-T5N-R6E. See copy of survey showing boundaries.
Description: Estimated 38 acres cropland. The soils are about 1/2 class III and 1/2 class IV. This is a good terraced
upland tract.
Tract 5: 39.811 acres in SW 1/4 SW 1/4 Sec. 14-T5N-R6E see copy of survey showing boundaries.
Description: This property includes an estimated 23 acres of cropland that are all class III & class IV soils. This is a terraced upland farm. The balance is part of NRD Watershed 7A. The dam and about one half of the water is located on this property. Contact our office for details on possible renovation of this watershed. Behind the dam is the drainage area with trees and grass.
FSA Data: FARM #2758 Tracts #719 & 3860
Farmland: 379.3 acres Cropland: 288.86 acres
The above data is for the entire farm. The farms will be divided after sale. The base acres will be prorated to actual crop acres.
Real Estate Taxes: Farms are to be divided so valuations or taxes are not available for each Tract.
Total Assessment for farm: $1,318,875 Total Taxes: $18,729.56 Tax Levy: 1.551425
Terms: Each tract will require a 15% non-refundable down payment on sale date & buyer to sign a Purchase Agreement. Land is not being sold subject to financing. Seller will convey a marketable title to buyer by Warranty Deed evidenced by a policy of Title Insurance. The Title Insurance policy premium and closing agent fees will be divided equally between the buyer and seller. Any additional lender endorsement, or requirements to be paid by buyer. 2023 & all prior years taxes will be paid by the seller. Buyer to pay 2024 and subsequent taxes. Closing will take place on or before April 22, 2024 at the office of David Lepant, Attorney for the owners. Buyer agrees to accept property in its present condition. The property will be offered based upon the buyer’s personal inspection or investigation of the property. Property is open to inspection. The tracts will be sold individually and not combined. Buyers to have full possession to plant 2024 crops.
Comments: Announcements made the day of the sale will take precedence over printed material. John Zarybnicky, Listing Agent, and all other Agents of Homestead Land Company, Inc. are acting as Seller’s Agents and work for the Seller. The Seller or agents of the Seller are not responsible for any accidents that may occur during inspection of the property or on the day of the sale.
Online Bidding: Please refer to www.homesteadland.com for online buyers details.
