Scenic Cedarville Area Land

Description

UPDATE: THE FARM SOLD FOR $756,700 AS FOLLOWS:

Tract 1 - $48,500

Tract 2, 6, 7 & 11 – $296,500

Tract 3 - $35,000

Tracts 4&5 - $72,000

Tract 8 – $54,000

Tract 9 – $185,700

Tract 10 - $65,000

SCENIC CEDARVILLE AREA LAND

103+Acre Greene County Farm in 11 Tracts

Building Lots from 3 to 103 Acres

Existing Mini-Farm with early 1800’s

2-Story Brick Home

Thursday, May 26, 2005, 5:00 PM

OPEN HOUSE:

MONDAY, MAY 9th, 4:00-5:30 PM &

MONDAY, MAY 16th, 4:00-5:30 PM

Property Location:  3010 Wilberforce-Clifton Road and Tobias Road, Cedarville, OH.  Cedarville and Miami Townships, Greene County.

From NW edge of Cedarville, take Bridge Street (Cedarville-Yellow Springs Rd ) N to right on Wilberforce-Clifton Rd. 

From SR 72 south of Clifton, take Clifton Road W to left on Wilberforce-Clifton Rd.   

From US 42 NE of Xenia, take Wilberforce-Clifton Rd N.

(For building lots on Tobias Road, go N from property on Wilberforce-Clifton Rd to right on Tobias Road).  Watch for signs. 

Auction Location:  Greene County Fairground and Exposition Center, 120 Fairground Road, Xenia, OH.

This scenic and secluded Cedarville area farm has something for everyone including an early 1800’s 2-story brick Colonial home and mini-farm, wooded and rolling building lots, creek frontage with gorge, and farmland.  Great opportunity for Investors, Remodelers, Homebuilders, Hunters, Nature Lovers, Farmers & more.  Property features frontage on both Tobias Road and Wilberforce-Clifton Road.  We are excited to offer this uniquely located property within minutes from the Villages of Cedarville and Yellow Springs. Located near Xenia, Wright Patterson AFB, and Springfield.  Easy access to I-70, I-71, US 35 and US 68.  The Parsons Family invites you to join us for the sale of this property in which interested buyers can purchase as much as 103 acres, as little as 3 acres, and any size in-between by combining multiple tracts to fit your needs.  Do not miss this opportunity to purchase prime real estate at your price.  Call for complete Bidder Packages.

Tract 1:     5+acre heavily wooded building lot on Tobias Road.  Elevated topography in western portion of tract perfect for building site.  Features small stream.

Tract 2:     12+acre gently rolling and secluded building lot with 6 acres of woods on Tobias Road.  Includes creek and gorge frontage.  Additional acreage available via Tract 11 .

Tract 3:     3-acre gently rolling building lot on Tobias Road.  Good for walk-out basement possibilities.

Tract 4:     6.5-acre gently rolling building lot on Tobias Road.  Good for walk-out basement possibilities.  Additional acreage available via Tract 11.

Tract 5:     3-acre gently rolling building lot on Tobias Road

Tract 6:     11-acre gently rolling mini-farm building lot on Tobias Road.  Additional acreage available via Tract 11.

Tract 7:     6-acre gently rolling building lot on Tobias Road.  Additional acreage available via Tract 11.

Tract 8:     3-acre partially wooded, secluded, and elevated building lot on Wilberforce-Clifton Road.  Additional acreage available via Tract 11.  See easement notes in Real Estate Terms.

Tract 9:     9-acre heavily wooded, secluded, and gently rolling mini-farm featuring an early 1800’s 2-story brick colonial home, 2 barns, large block work shop, and creek frontage with gorge.  Home features original dark walnut exposed woodwork throughout.   Tons of potential to remodel this well built home into a gorgeous show place.  Great opportunity for horse farm, secluded home site, and more.  Property also features grove of mature dark walnut trees as possible investment.  Additional acreage available via Tract 11.  See easement notes in Real Estate Terms.

Tract 10:   13-acre rolling mini-farm building lot.  Good for walk-out basement possibilities.  Additional acreage available via Tract 11.

Tract 11:   31-acre farm property with 40’ frontage on Tobias Road.  All tillable.  Non-buildable tract unless combined with bordering land with qualifying road frontage.  See Real Estate Terms.

 Real Estate Sale Terms

Bidding Procedure:  The property will sell by the Multi-Parcel Auction Method to the highest bidder(s).  Bidding on each of the tracts and combinations thereof during the auction will be determined by the Auctioneer.  The property will sell in the manner resulting in the highest total bid price(s), subject to the 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.  Purchaser to be responsible for normal & customary purchaser closing costs.

Down Payment:  Ten percent (10%) of final bid price(s) as down payment day 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 according to property tax splits prepared by Greene County Auditor’s Office.  Purchaser to be responsible for any CAUV recoupment charges due to change in land use (see Bidder Package).

Closing Date:  On or before July 8, 2005. Purchaser to be responsible for normal & customary purchaser closing costs.

Possession:  Date of closing.  Tenants in possession rights reserved to harvest existing 2005 crops.

Boundary Survey and Soil Surveys:  The Seller will provide a new boundary survey to the Purchaser(s).  All lot splits are zoned for agricultural use (i.e. single family dwellings and agricultural uses allowed).  All building lots have been approved by Greene County Combined Health District for private septic systems.  All lot splits are subject to final approval by Miami and Cedarville Township Zoning Departments, Greene County Regional Planning, Greene County Engineer, and any other necessary regulatory authority.

Driveway Easement:   Driveway entrance to Tract 9 is located in northeast corner of Tract 8 (see survey for location and measurement details).  Permanent easement to be filed at closing on Tract 8 for the benefit of this driveway entrance to Tract 9.   Driveway permit will not be required by Greene County Engineer if purchaser of Tract 8 uses this existing driveway entrance.

Tract 11 Restrictions:  Tract 11, if purchased alone, is not a buildable tract.  Tract 11 will be buildable only if combined with another neighboring tract with qualifying road frontage.

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.

EVAN L. PARSONS TRUST

David Parsons and Sue Williams, Trustees

Realtor/Sale Manager:  Matt Sheridan

Realtors/Auctioneers:  Bart Sheridan, CAI & Keith Sheridan

(Toll Free) 1.866.AtAuction (282.8284)