Southern Greene County Farm

UPDATE: TRACT 1 SOLD FOR $160,000 AND CLOSED ON 01/04/07. TRACT 2 SOLD FOR $120,000 AND CLOSED ON 01/05/07. 

SOUTHERN GREENE COUNTY FARM

66 Acres ♦ Beautiful Country ♦ Greeneview Schools

Thursday ¶ December 7, 2006 ¶ 4:00 PM

Location:  7138 Zimmerman Rd (at Smith Rd), Sabina, OH 45169.  From Maysville St (SR 72) in Bowersville (just N of I-71) take E Xenia St  (becomes Hanley Rd) to right (SE) on Hargrave to right on Smith (SE) and left on Zimmerman.  From SR 72 just S of I-71, take Perrin Rd E & it becomes Zimmerman Rd across Greene Co line.

Tract 1:  38.2 acres including house and gravel lane from Zimmerman Rd.  1,444’ road frontage on   Zimmerman Rd and 1,013’ frontage on Smith Rd.  Drainage ditch at corner of property.

Tract 2:  28.3 acres on Smith Rd with 724’ frontage. 

Real Estate Sale Terms 

Bidding Procedure:  The properties will sell by the Multi-Parcel Auction Method to the highest bidder(s). The properties 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 will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding.  All lot splits subject to final approval by all appropriate county and township regulatory authorities.

Down Payment:  Ten percent (10%) 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 using long pro-ration method.  Purchaser to pay CAUV recoupment tax if property is removed from agricultural use.

Closing Date:  On or before January 8, 2007.  Purchaser(s) 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.

ROSAMOND C. HALL &

LOIS C. MULRAIN, Owners 

(Toll Free) 1.866.AtAuction (282.8284)