Spears Brothers Land Auction
Spears Brothers Land Auction
99.868 Acres selling in 2 Tracts
Fillmore Township, Montgomery County
March 11, 2025, 6 PM
3/5/25 Update - Actual surveyed acres have been updated as well as the survey image being added to each lots' photos.
Tract 1 is 74.068 Surveyed Acres. 20.1 Acres are in CRP expiring 9/30/2026, 3.5 Acres are timber, and the remaining land is tillable. The tillable land has open tenancy for the 2025 farming year.
Tract 2 is 25.8 Surveyed Acres of timber. This is an excellent hunting location.
The farm is being surveyed and the acres will be updated upon conclusion of the survey. You will bid per surveyed acres. Closings will take place within 45 days of the conclusion of the auction. There is a 4% buyer's premium.
Sellers: Tom, James, Dave, and Larry Spears
Auction Manager: Kent Aumann
This auction uses Extend-All Bidding! If there are ANY bids on ANY item within 5 minutes of the auction closing, ALL items will extend for ANOTHER 5 minutes until ALL bidding has stopped. This means that all items will continue to stay open even if there hasn't been a bid within the last 5 minutes. This gives bidders who have been outbid an opportunity to bid on other items before they close. **If the auction is extended past 30 minutes, then extension times will decrease to 3 minutes. If the auction is extended past 1 hour, then extension times will decrease to 2 minutes.
74.068 Surveyed Acres (Updated 3/5/25) Located in Sections 19 & 30 T8N R2W. This tract consists of 20.1 Acres of CRP enrolled in CP2 program with a payment of $251.52 per acre. This program expires 09-30-2026. The remaining land consists of 48.08 Acres tillable and 3.5 acres of timber along the southern property line. The predominant soils of the tillable land include 15D2 Parke Silt Loam 10-18% Slope and 14C2 Ava Silt Loam 5-10% Slope. The tract has road frontage on Broken Trail on North, West and South sides. CRP information is located in the documents section of this lot.
PIN: This tract is part of 18-19-400-012 and 18-30-200-004.
Real Estate Taxes: Estimated $1,405
Earnest Money: $20,000.
The tillable land has open tenancy for the 2025 farming year. Possession will be given upon signing of the purchase contract and deposit of Earnest money.
The farm is being surveyed and the acres will be updated upon conclusion of the survey. You are bidding on surveyed acres.
Closings will take place within 45 days of the conclusion of the auction.
4% Buyers Premium
25.8 Surveyed Acres (Updated 3/5/25) of timber located in sections 19 & 30 T8N R2W. This tract consists of rolling timber with possible building sites and offers excellent deer & turkey hunting. The property is located west of Broken Trail.
PIN: This tract is part of 18-19-400-012 and 18-30-200-004.
Real Estate Taxes: Estimated $240
Earnest Money: $5,000.
Possession will be given at closing.
The farm is being surveyed and the acres will be updated upon conclusion of the survey. You are bidding on surveyed acres.
Closings will take place within 45 days of the conclusion of the auction.
4% Buyers Premium