CENTRAL CLARK CO FARM AUCTION

Description

CENTRAL CLARK CO FARM AUCTION

113 Acres Selling in Three Tracts

Tuesday ♦ January 13 ♦ 4:00 PM

The farm sold to three purchasers as follows:

Tract 1: $118,000 ($4,591/acre)

Tract 2: $287,000 ($4,290/acre)

Tract 3: $160,000 ($7,987/acre)

Total: $565,000 ($5,018/acre)

We are excited to offer this productive farmland in three tracts. Located in Mad River Twp in the west-central part of Clark County, and with close proximity to I-70 and the Dayton-Columbus travel route, these quality properties feature easy access from Tecumseh and Dayton-Springfield Roads. Bid on one, two, or all three properties to suit your needs.

Auction Location: Springfield/Clark County Shrine Club, 471 Shrine Road, Springfield, OH.  From US Route 40 (W Main St) just west of US Route 68 exchange, take Upper Valley Pk north to west ½ mile on Shrine Road.  

ALL SHOWINGS BY APPOINTMENT ONLY. PLEASE CONTACT THE AUCTION AGENTS.

Tract 1:     4641 Dayton-Springfield Road, Springfield, OH

26 acres including 13.5 tillable acres currently and another approximately 10 acres currently in pasture that could be tilled. Also includes older 2-story frame home and outbuildings. Located on the south side of Dayton-Springfield Rd and on the north side of I-70.

Tract 2:     2318 Paradise Lane, Springfield, OH

67 acres including 57.8 tillable acres and approximately 7 acres of mature woods. Also includes sod drainage way and 2-story frame home with 3 bedrooms and 1 bath. Located on the west side of Tecumseh Rd and just south of I-70.

Tract 3:     Tecumseh Road, Springfield, OH

20 acres including 18.7 tillable acres on west side of Tecumseh Road.

 Located just minutes from Enon and Springfield

 Bid on one tract or any combination of tracts – bid to suit your needs!

 Join us for a super opportunity to purchase a great producing farm!

Sheridan & Associates is the leader in farmland sales throughout the Greater Miami Valley Area.  Call today for a no-fee consultation to discuss your farmland needs.

 Click “Documents” tab above for color brochure & complete Bidder Package

Bidding Procedure: The properties will sell to the highest bidder subject to confirmation of the Seller via the Multi-Parcel Auction Method.  

Acceptance of Bid Prices: The successful bidder(s) will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding.  Bidding IS NOT CONDITIONAL UPON FINANCING.

Downpayment: Purchaser(s) will deposit 10% of purchase price as down payment with the Auction Company on the date of auction upon signing of Confirmation of Sale Agreement; balance due at closing.  

Real Estate Taxes:  Taxes will be prorated to date of closing using long proration method. Purchaser  will be responsible for CAUV recoupment due to change in land use, if applicable.

Closing Date:  On or before February 27, 2015.  All closings will be facilitated and conducted by City Title Agency at their office location at 30 Warder Street, Springfield, Ohio, unless otherwise agreed by Seller and Purchaser(s). Purchaser(s) will pay customary portion of closing costs at closing.

Possession:  Date of closing with tenants’ rights reserved under current lease agreements.

Survey:  Seller will provide a new survey for each parcel conveyed. 

Agency:  Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, 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 brochure 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.

ELDEN L. PADEN

THE ESTATE OF GENE E. PADEN

Melinda D. Paden, Exec

John M. Spencer, Atty

Clark Co Probate No. 20140583