HIGHLAND COUNTY 125-ACRE FARM

Description

HILLSBORO-AREA FARM AUCTION

125 Acres Selling in 2 Tracts

Wednesday ♦ April 19 ♦ 4:00 PM

The Farm Sold to 2 Purchasers for $610,000 ($4,864/Acre)

Property Location: 9009 US 50 E, Hillsboro, OH. From Hillsboro, take US 50 east to property. Property is adjacent to and just east of the Hills & Dales School.

Auction Location: Highland County Fairgrounds, 604 John St, Hillsboro, OH.  

We are proud to offer this beautiful farm with quality soils for sale at Public Auction on behalf of Mrs. Butts. The late Nolan Butts farmed for many years in Greene and Highland Counties. Rich bottom soils line the banks of the Clear Creek – plenty of pasture land, over 80 acres of tillable dirt, and some of the most stunning views in the area.

Don’t miss an opportunity to bid on this quality farm in the middle of Highland County!

Auction Agents will be at the farm April 7, 10:00 AM-2:00 PM

Tract 1:  9009 US 50 E, Hillsboro

67.9 multi-purpose acres with pole barn and approximately 25 acres tillable.  

Tract 2: 9045 US 50 E, Hillsboro

57.5 mostly tillable acres with frame barn, good frontage on US 50 and excellent access to Clear Creek.

Located just minutes from Hillsboro.

Bid on one or both tracts – bid to suit your needs!

Join us for a super opportunity to purchase a wonderful farm!

 DOROTHY E. BUTTS, Owner

Terms

Bidding Procedure: The tracts will sell to the highest bidder(s) via the Multi-Parcel Auction Method and 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: Purchaser(s) will deposit $15,000 per tract 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(s): On or before May 31, 2017. Purchaser(s) will pay customary portion of closing costs at closing. Closing(s) will be conducted by Technetitle Aency, Inc. at their Hillsboro, Ohio, office unless otherwise agreed to by Seller & Purchaser(s).

Possession: Date of closing. Purchaser may take possession of land prior to closing for the sole purpose of preparing for and planting 2017 crop by remitting an additional $5,000 per tract non-refundable down payment upon signing of Confirmation of Sale Agreement. By electing to take possession according to these terms, Purchaser will agree in writing that the performance of any work and application of crop inputs will be at Purchaser’s sole risk and expense and that Seller will not compensate Purchaser for such costs if Purchaser fails to close the transaction according to the terms of the contract.

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.