Northwest Clark County Land

Description

UPDATE: The farm sold for $297,000 (1 buyer) and closed on 04/28/08.

NORTHWEST CLARK COUNTY LAND

86 Acres ◊ 2 Tracts ◊ Bethel Township

Tuesday ◊ March 18, 2008 ◊ 4:00 PM

Property Location:  New Carlisle and Bischoff Roads, NEW CARLISLE, OH.

Auction Location:  Springfield/Clark County Shrine Club, 471 Shrine Road, Springfield, OH.  From I-70 at Exit 52 west of Springfield, take US 68 north & exit onto US 40 W.  At first light on turn north onto Upper Valley Pike and at first light turn left (west) onto Shrine Road.

Opportunity’s Knocking

Bethel Township

Clark County 

86 productive acres

Tract 1:  44.4 Ac

Tract 2:  41.9 Ac 

Access from Bischoff & New Carlisle Roads 

Don’t miss this great opportunity to purchase up to 86 acres of valuable farmland in Bethel Twp.  Road frontage on two county roads provides excellent accessibility.  Build your dream home on either parcel or invest in the entire farm.   

REAL ESTATE SALE TERMS

Bidding Procedure:  Property sells to the highest bidder via the Multi-Parcel Auction Method subject to confirmation of 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.

Down Payment:  10% 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.  Bidding IS NOT CONDITIONAL UPON FINANCING.

Real Estate Taxes:  Taxes will be prorated to date of closing using long proration method.  Purchaser will be responsible for CAUV recoupment charges due to any changes in land use.

Survey:  The property has been surveyed and the new survey will accrue to the benefit of the Purchaser(s).

Closing Date:  On or before April 18, 2008.  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 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.

MR. & MRS. MARVIN LAIR, Owners