CENTRAL GREENE COUNTY FARM AUCTION

Description

68 ACRE FARM

XENIA TOWNSHIP, GREENE COUNTY

59 TILLABLE ACRES

GREAT INVESTMENT OPPORTUNITY

New Seller Provided Boundary Survey

 

We are pleased to offer this well located 68 Acre Farm, located in Xenia Township in central Greene County, Ohio. The property includes two parcels selling in one tract. 

The farm features 59 tillable acres with good drainage, gently rolling topography, small stream and 852 feet of frontage on Stevenson Road.  The property is located across from the Amlin Heights residential subdivision with future development potential.  This property borders the City of Xenia and is an excellent opportunity to purchase hard-to-find farm land with great investment potential. Property contains older 2-story vacant home and miscellaneous outbuildings.  Primarily Miamian and Ockley Silt Loam soils.

Located northeast of downtown Xenia and only miles from US 35 and US 68, providing easy access to the Dayton, Springfield, and surrounding areas. 

Come join us in a climate controlled facility for this rare opportunity to purchase quality farmland.  Call today for full details!

TimberSparse
Frontage1,152'
GradeFlat to Rolling
Road TypeCounty
Size/ShapeIrregular
AerialYes
SurveyYes
TopographyFlat to Rolling
Tenant RightNo
Crop RightNo
Deed RestrictionsNo
Soil MapYes
ConditionsList Conditions, Call Agent
Acres68.076 Acres
Land FeaturesSparse Woods, Small Stream
Outside FeaturesSeveral Barns & Vacant 2-story home
ImprovementsDriveway & miscellaneous buildings
UtilitiesWell, Septic
ZoningAgricultural
AccessibilityCounty Road, Paved Road
New FinancingConventional
Possible UseSingle Family, Farm, Recreation
OccupancyAt Closing

 

 

Terms

Bidding Procedure:  The property will sell to the highest bidder, subject to confirmation of the Seller.

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

Downpayment:  $20,000 as down payment 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.

Survey and Adjustments:  Seller to provide new boundary survey subsequent to the auction but prior to closing.  The two current parcels to be re-surveyed into one parcel.  If new survey results in more acreage than indicated in Purchase Contract, then no price adjustment will be made.  If new survey results in less acreage than indicated in Purchase Contract, then the purchase price will only be adjusted down if total acreage decreases by more than 1 acre (<67.076 acres).  If new survey results in acreage decreasing by less than 1 acre, then no price adjustment will be made.  

Closing Date:  On or before December 28, 2015. Seller and Purchaser mutually agree to extend the contracted closing date up to 30 days if new survey is not completed by December 28, 2015. Purchaser will pay customary portion of closing costs at closing.

Possession:  Date of closing.

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 are 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.