NW CLARK COUNTY FARMLAND
SOLD FOR $1,800,000! NW CLARK CO FARMLAND 183 Total Acres in 3 Tracts Thursday, March 28 at 1:00 PM Bid Live or Online
Description
NW CLARK CO FARMLAND
183 Total Acres in 3 Tracts
Thursday, March 28 at 1:00 PM
Bid Live or Online
Marketing
We’re excited about this super well-located and diverse property in northwest Clark County and a touch of Miami County. Over 84% tillable with above-average soils and several good recreational areas. A great opportunity to purchase quality acreage AT AUCTION! Diverse and productive soil complexes offered in three very manageable tract sizes. Located in a wonderful agricultural area just north of New Carlisle with easy access to grain markets and major highways to Troy, Dayton, and Columbus. Also includes an 1850s-construction brick home with loads of potential and tremendous lot split potentials for each tract.
Contact us today to learn more about this exciting opportunity to invest in quality, productive, and beautiful southwest Ohio farmland!
Tract 1: 12091 Stafford Rd, New Carlisle, OH
- 86.6 total acres on both sides of Addison-New Carlisle Rd
- 76.6 tillable acres & 7+ acres woods
- Over 3,600’ road frontage on two roads
- 1-story brick home with 3 bedrooms, 1 bathroom, 1-car attached garage, & over 1,260 SF
- Beautiful 72’ x 44’ bank barn
- Block 2+car detached garage
Tract 2: Stafford Rd, New Carlisle, OH
- 51.4 total acres
- 39.0 tillable acres & 12+ acres woods
- Over 1,940’ road frontage
- Excellent farming and recreational uses
Tract 3: Addison-New Carlisle Rd, New Carlisle, OH
- 44.8 total acres in Clark (25.4) & Miami (19.4) Counties
- 38.3 tillable acres & 6+ acres with woods & pond
- Over 660’ road frontage
- Excellent mini-farm opportunity
THE ESTATE OF JANET E. McGRAW
Amy Fulton, Executor
Clark Co. Probate No. 20230492
Thomas H. Lagos, Attorney
Directions
Auction Location:
Property Location:
From SR 235 1.3 miles north of New Carlisle, take Stafford Rd 1.3 miles to property location,
Location
Auction will be held at the Springfield Shrine Club, 471 Shrine Rd, Springfield, OH.
Terms
Bidding Procedure: The property will sell to the highest bidder(s) via Public Auction using the Multi-Parcel Auction Method – bid on any tract or any combination of tracts. The properties will sell subject to confirmation of the Seller.
Acceptance of Bid Prices: Successful bidder(s) will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding. Successful online bidder(s) will sign a Confirmation of Sale Agreement within 24 hours after Auction. Bidding IS NOT CONDITIONAL UPON FINANCING.
Down Payment: Purchaser(s) will deposit the following amounts as down payment with the Auction Company upon signing of Confirmation of Sale Agreement: Tract 1 - $50,000, Tract 2 - $25,000, Tract 3 - $25,000. Onsite Purchaser(s) will place deposit date of auction; online Purchaser(s) will place deposit within 48 hours of auction’s end. Balance will be due at closing.
Real Estate Taxes: Taxes will be prorated to the date of closing (long proration method). Purchaser(s) will pay for any Current Agricultural Use Valuation recoupment fees due to a change in land use.
Closing Date: May 15, 2024, time being of the essence.
Possession: Date of closing. Buyer(s) may take immediate possession of the tillable land following the auction for the sole purpose of planting the 2024 cash grain crop (restricted to corn and soybeans) by depositing an additional amount equal to one-half of the required contractual down payment with Broker at time of signing the Purchase Contract. By taking possession of property for this purpose, buyer(s) will agree that if they do not close on the transaction(s) according to the terms of this contract, they will forfeit (1) all of the deposited earnest monies, (2) the additional early possession deposit; (3) any inputs (fertilizer, seed, etc) placed into the property during this interim possession period; and (4) the rights to cultivate and harvest the 2024 cash crops.
Tract Survey: Seller will transfer Tracts 1 and 2 with new legal descriptions to be completed at Seller’s expense. If survey is not completed by projected date of closing, Purchaser will agree to extend the contract up to 90 days until survey can be completed.
Agency: SHERIDANS LLC and its representatives are Exclusive Sales Agents for the Seller.
Online Bidding: Auctioneer will accept online bids during auction in real time. Auctioneer retains full discretion to modify these terms at any time prior to or during the auction. Bidders’ use of online bidding option and bid placement constitutes acceptance and agreement to adhere to these terms. All bidders are responsible for reading all terms and conditions. Lack of knowledge of Auction Terms and Conditions will not release bidders from their obligations. Auctioneer is not responsible for the failure of any part of the bidding process or internet bidding. See additional online bidding terms online.
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 auction marketing information 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.