Cedarville Country Home
Newly surveyed 3.7 acre Cedarville property featuring a solid 2-story plantation-style home with 5 bedrooms (1 down/4 up), 2 full bathrooms (1 down/1 up), 3,281 SF, and tons of potential. The property includes a 40x70 barn w/hay mow & other outbuildings along with acreage for horses, livestock, gardening, and other country fun. Cedarville Schools!
Description
5 Bedrooms ♦ 2 Bath ♦ 3,281 SF
3.7 Acres ♦ Barns
Bidding Ends: Thurs, July 13 at 3:00 pm
Marketing
This property sells by Timed Online Auction ending Thurs, July 13 at 3:00 pm. This is a great opportunity to purchase 3.7 country acres in a beautiful and private setting featuring a plantation-style sprawling 2-story home with 3,281 SF including 5 bedrooms and 2 full baths with tons of potential. The home features a beautiful front entry with 2-story covered porch overlooking mature trees and endless farmland. The home also features a large kitchen with center island and 2 pantry closets, formal dining room with ornate oak mantel and bay window, family room with original triple French doors, large living room w/wood burning stove & exterior accessible firewood box, 5 bedrooms (1 down/4 up), 2 full bathrooms (1 down/1 up), large laundry room, front & rear stairway, full unfinished basement, and walk-up attic for extra storage. Original hardwood floors in portions of the 1st floor and large rooms throughout. The property also includes a large 40x70 frame barn with hay mow, large chicken house, 512 SF frame det garage, and several other outbuildings. Other features include a new well (2023), many mature trees, rear covered concrete patio, rebuilt chimneys, and tons of privacy. Plenty of extra acres for horses and other livestock, gardening, and other country fun. This property has been split from an existing farm with a new boundary survey provided by the seller. The property has been a rental for several years and has great potential. Great location just south of Cedarville and only minutes from US 35 for easy access to Dayton, WPAFB, I-71 and surrounding areas. Download a Bidder Packet from the "Documents" tab with terms, contract docs, property and related information. Property sells in "as is" condition. Call today for full details or to schedule a visit. Cedarville Schools!
Directions
Located at 1040 Rakestraw Road, Cedarville, Ohio, south of Cedarville between Federal Road and Straley Road
Preview
Wed, July 5 from 4:00 - 5:30 PM
(or by appointment)
Terms
Real Estate Sale Terms:
Bidding Procedure: The property will sell to the highest bidder subject to confirmation of the Seller.
Auction Timeframe: Bidding will end Thurs, July 13, 2023, at 3:00 PM subject to Automatic Bidding Time Extension.
Acceptance of Bid Prices: Purchaser will sign the Confirmation of Sale Agreement via electronic signature or in person promptly upon presentation from Auctioneer within 24 hours of auction
Down Payment: The successful bidder agrees to deliver to Auctioneer via overnight mail, wire transfer (plus $35 wiring fee), or personally delivered funds the down payment of $10,000 within 24 hours of the auction's completion. Personal delivery may be made at 200 Parkview Lane, Cedarville, Ohio. All funds will be paid for in U.S. funds. Bidding IS NOT CONDITIONAL UPON FINANCING.
Real Estate Taxes: Purchaser will credit Seller for prorated share of real estate taxes from closing date to 12/31/2023 based on estimated real estate taxes provided by Greene County Auditor. Seller will be responsible for all real estate taxes billed in 2024 for the 2023 tax year.
Transaction Closing Date: On/before the later of (a) August 25, 2023 or (b) 30 days following the filing of the new boundary survey with Greene County. Purchaser will pay customary portion of closing costs at closing.
Possession: Date of closing with tenants rights reserved to harvest 2023 crops. Purchaser will not receive any income or share of farm rent for the 2023 crop year.
Survey: Seller will provide new boundary survey at closing.
Agency: SHERIDANS LLC and its representatives are Exclusive Sales Agents for the Seller.
Disclaimer & Absence of Warranties: All information contained in this brochure and all related materials is subject to the terms and conditions outlined in the Confirmation of Sale Agreement. Announcements made by the Auctioneer at the time of the Auction will take precedence over any previously printed or oral information. The property is sold on an "AS IS, WHERE IS" basis, and no warranties or representations, either expressed or implied, concerning the property are made by the Seller or the Auction Company. Each bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this auction marketing information is believed to be accurate, but is subject to verification by all parties relying on it. Neither the Seller nor the Auction Company assumes liability for its accuracy, errors, or omissions. Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, legal capacity, etc. All decisions of the Auctioneer are final.
Additional Online Bidding Terms:
PLEASE NOTE: All online bidders agree that they have read and fully understand these terms and agree to be bound thereby:
No Online Bidding Fees: No buyer premiums or other online bidding fees will be charged for online bidding.
Online Bidding: Auctioneer retains full discretion to modify these terms at any time prior to or during the auction. Bidders’ use of online bidding option and bid placement constitutes acceptance and agreement to adhere to these terms. All bidders are responsible for reading all terms and conditions. Lack of knowledge of Auction Terms and Conditions will not release bidders from their obligations. Auctioneer is not responsible for the failure of any part of the bidding process or internet bidding. "Max bids" will be accepted (i.e. bidders may enter a starting bid with an automatic "not to exceed" bid). The auction will end at the stated time and all "SOLD" tracts will be deemed sold at the same time based on the winning set of bids and upon Seller's confirmation. Bidding increments are at the discretion of the Auctioneer.
Automatic Bidding Time Extension: Any bid placed within five minutes of the end of an auction for any individual tract or combination of tracts will automatically extend the auction for an additional 5 minutes.
Modifications and Technical Difficulties: Auctioneer retains full discretion to modify the date, time, order, and details of the auction for any reason or no reason at all, including but not limited to technical issues, emergencies, and convenience of Auctioneer or the Seller.
In the event that there are technical difficulties related to the server, software or any other online auction-related technologies, Sheridan and the Seller reserve the right to extend bidding, continue the bidding, or close the bidding. Neither Sheridan nor the Seller shall be held responsible for a missed bid or the failure of the software to function properly for any reason. Email notifications may be sent to registered bidders with updated information as deemed necessary.
Bidder’s Agreement: Your use of this online bidding option constitutes your acceptance and agreement to adhere to these terms. Please print a copy for your records. All bidders are responsible for reading all terms and conditions carefully. Lack of knowledge of Auction Terms and Conditions will not release bidders from their obligations.