EASTERN GREENE COUNTY LAND AUCTION

Description

Updated 5/14/2013 @ 12:10 PM

74 ACRES IN EASTERN GREENE COUNTY

SELLING IN 4 TRACTS

WEDNESDAY, JUNE 5TH AT 4 PM

Open House:  Tuesday, May 28th from 4 to 5:30 (or by appointment)

Property Location:  990 Long Road, Xenia, Ohio 45385

Auction Location:  Greene County Fairgrounds, 120 Fairground Road, Xenia, OH 45385 

74 Acres located in New Jasper Township in eastern Greene County, Ohio, selling at Public Auction on Wednesday, June 5th at 4 PM at the Greene County Fairgrounds.

Offering 74 acres of prime farmland and rolling building lots.  The farmland maximizes your income potential with 50+ tillable and productive river-bottom acres.  Soil complex features Ross, Ockley and Miamian soils.  This property, located along Caesar Creek, offers rich river-bottom land with good history of crop production.

Also available are a 5-acre lot with older brick home (c. 1840), barns & spring-fed pond plus two nice 4-acre rolling building lots.  Soil evaluations (perk tests) completed and approved for normal leaching septic systems.

Seller is providing new survey, to be filed prior to closing.  Purchase one or more lots to suit your needs.  Home in need of repairs.  Join us in a climate-controlled auction facility for this rare opportunity to purchase area farmland and rolling building lots.  Call us today for full details or to schedule a visit.

• Tract 1:     60.261 Acres
• Tract 2:     4.947 Acres w/home, barns & spring fed pond
• Tract 3:     4.344 Acre rolling building lot
• Tract 4:     3.994 Acre rolling building lot

Real Estate Auction Terms

Bidding Procedure:  The property will sell by the Multi-Parcel Auction Method to the highest bidder(s) subject to confirmation of the Seller.

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.

Down Payment:  $20,000 for Tract 1; $2,500 each for Tracts 2, 3 & 4, 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(s) will be responsible for CAUV recoupment due to change in land use, if applicable.

Closing Date:  On or before July 12, 2013.  Purchaser(s) will pay customary portion of closing costs at closing.

Possession:  Date of closing, with tenant’s rights reserved to harvest 2013 crops.

2013 Cash Rent: Prorated portion of 2013 Cash Rent to be credited to the successful buyer at closing based on period from May 1 - October 31, 2013.

Agency:  Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.

Disclaimer and 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.

Bahns Family, Owner

Alan Anderson, Attorney

Terms

Real Estate Auction Terms

Bidding Procedure:  The property will sell by the Multi-Parcel Auction Method to the highest bidder(s) subject to confirmation of the Seller.

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.

Down Payment:  $20,000 for Tract 1; $2,500 each for Tracts 2, 3 & 4, 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(s) will be responsible for CAUV recoupment due to change in land use, if applicable.

Closing Date:  On or before July 12, 2013.  Purchaser(s) will pay customary portion of closing costs at closing.

Possession:  Date of closing, with tenant’s rights reserved to harvest 2013 crops.

2013 Cash Rent: Prorated portion of 2013 Cash Rent to be credited to the successful buyer at closing based on period from May 1 - October 31, 2013.

Agency:  Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.

Disclaimer and 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.