CENTRAL GREENE CO FARM AUCTION

Description

updated 1/16/14  @ 7:55 AM

The Farm sold for $1,008,000 ($6,918 per acre to 2 Purchasers:

Tract 1:  $188,000

Tracts 2-6:  $820,000

CENTRAL GREENE CO FARM AUCTION

145 Acres Selling in Six Parcels

Wednesday ♦ January 15 ♦ 4:00 PM

Farm Location:  1541 SR 380, Xenia, OH.  Located 2 miles south of Xenia.

Auction Location:  Greene County Fairgrounds, 120 Fairground Rd., Xenia, OH.  From the center of Xenia, follow N. Detroit Street (US 68) N to left (W) on W. Ankeney Mill Rd.  This becomes Fairground Rd at the corporation line.

Join us for the opportunity to bid for this beautiful central Greene County farm with something for everyone – productive farmland, beautiful wooded timber areas, building lots – and all centrally located within one hour of three of Ohio’s major cities!  Includes 118 total acres of productive farmland in one of the State’s prime farming areas.

Click "Documents [+]" for access to color brochure and Bidder Package with maps, and much more property and auction information.

Tract 1:    12.5 acres of land with beautiful 2000-construction brick ranch home including 4 bedrooms, 2.5 bathrooms, nice open living area floor plan, 3-car garage with 2 drive-thru bays, and nearly 2,000 square feet of living area.  Includes 9 tillable acres.  Enjoy the setting back from the road with a beautiful woods to the rear.  Consider combining with Tract 2 for over 60 acres of some of the best and most beautiful land in the area!

Tract 2:    50.2 acres of land including 36 tillable acres and approximately 17-acre mature woods with good hardwoods – a wonderful sportsman’s and nature lover’s retreat!  Note:  This tract is being offered as a Swing Tract.  See Swing Tract terms for further details.

Tract 3:    57.2 total acres with frame, 1-story home and several good, usable agricultural outbuildings.  Features over 49 acres of tillable ground including good grass drainage ways and small woods.  Note:  Easement access via gravel lane on Tract 1.

Tract 4:    8.8-acre building lot. 

Tract 5:    8.3-acre building lot.

Tract 6:    7.5-acre building lot.

% of

Soil Type                                                        Total

Algiers silt loam                                                  5.5

Birbeck silt loam                                               28.7

Ragsdale silty clay loam                                 31.7

Reesville silt loam                                            14.2

Russell-Miamian silt loams                            12.2

Xenia silt loam                                                    5.9

Others                                                                   1.8

                                                                          100.0

Located just minutes from Xenia with easy access to US 35 and I-71 and minutes from Dayton, this farm will appeal to the farmer, new home builder, investor, and the nature lover. 

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!

 REAL ESTATE SALE TERMS

Bidding Procedure:  The property will sell to the highest bidder(s) 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:  $15,000 down payment per tract for Tracts 1 and 3; $10,000 for Tract 2; and $5,000 per tract for Tracts 4, 5, and 6.  will be deposited 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 28, 2014.  Purchaser will pay customary portion of closing costs at closing.

Possession:  Date of closing.

Swing Tract:  Tract 2 will be offered in combination with any contiguous tracts or to any bidder who owns real property contiguous to the Swing Tract. 

Survey & Easements:  Seller will provide new survey for Tracts 1, 2, and 3.  Ingress/egress deeded easement for Tracts 2 and 3 will be provided via the gravel lane on Tract 1.

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.

                                                                                               ARLENE SAMMONS, Trustee

 The Arthur E. Sidenstricker Trust and

The Arlene Sammons Trust