LUTE LAND & PERSONAL PROPERTY AUCTION - FRIDAY, AUGUST 2, 2024 BEGINNING AT 10:00 AM OPEN HOUSE THURSDAY, JULY 11, 2024 4:30 PM TO 6:30 PM TRACT 1: 11.3 Survey acres 3 Bedroom ranch style home - 2 baths - Kitchen w/ cabinets - Family room - Several older outbuildings, haybarn, shop, etc - Nice pond - Great small acreage in the peaceful countryside -Some extras to the property include vinyl log siding & vinyl decking -Ground source heat pump & much more. TRACT 2: 44.4 Surveyed acres w/ 41.21 being in CRP paying $204.04 per acre until 9-30-2033 - Great income producer that lays very well. TRACT 3: 88.7 Surveyed acres w/ 34.11 being in CRP paying $204.04 per acre until 9-30-2033 - Remainder being in nearly half woods w/ some open hay/pasture ground - Good stocked pond REAL ESTATE TERMS: 10% Down Auction Day, Balance due & Possession given at closing (45 days), Title Insurance Provided by Seller & Taxes Prorated, Sells with no Contingencies & with Sellers Confirmation. CRP contracts can be bought out if new owner so chooses with a small penalty. Buyers of Tracts 2 & 3 must enter into current CRP contracts after closing!
