TWO QUALITY SW OHIO FARMS
The Farms sold as follows: Farm A (Tracts 1&2) – $3,925,000 ($16,723/Acre) Farm B (Tracts 3&4) – $1,420,000 ($10,121/Acre) TWO QUALITY SW OHIO FARMS Auction of 375 Total Acres in 4 Tracts Thursday, August 24 at 1:00 PM Bid Live or Online
Cedarville, OH
Description
- Farm A (Tracts 1&2) - $3,925,000 ($16,723/Acre)
- Farm B (Tracts 3&4) - $1,420,000 ($10,121/Acre)
Auction of 375 Total Acres in 4 Tracts
Thursday, August 24 at 1:00 PM
Bid Live or Online
Marketing
An extraordinary opportunity to purchase quality Southwest Ohio acreage AT AUCTION!
Two well-located properties in the rich farmland regions of southern Greene County (Caesarcreek Twp) and northern Clinton County (Liberty Twp). Diverse and productive soil complexes and only 11 miles apart. Great locations with good access to grain markets and major highways to Dayton, Columbus, and Cincinnati. Also includes two country homes and 6-acre buildable lot.
- 234.7 total acres
- 221 tillable acres
Tract 2: 2.8 acres of diverse use land, including 1.5-story 3-bedroom home, 2 round metal grain bins, and block shop. A great place to develop your own country hideaway.
Farm B: 1690 Waynesville-Jamestown Rd, Xenia, OH
- 140.3 total acres
- 123 tillable acres
Tract 4: 6-acre pre-existing building lot with great contours and multiple prime building locations.
Sandra Hicks, Successor Trustee
The Imogene Woodburn Trust
Peter D. Stephan, Atty
Stephan & Stephan Law Group
Directions
Farm A: From US 22 E of Wilmington, take Starbuck Rd north 5.5 miles to property.
Farm B: From US 68 south of Xenia take Waynesville-Jamestown east 0.5 mile to property.
Preview
Monday, August 14, 4-5:30 PM
(Auction Agents will be at both houses)
or by appointment
Terms
Bidding Procedure: The properties 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 - $100,000, Tract 2 - $5,000, Tract 3 - $50,000, Tract 4 - $5,000. 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: Seller will pay all 2023 real estate taxes. Purchaser(s) will pay for any Current Agricultural Use Valuation recoupment fees due to a change in land use.
Cash Rent: Seller will retain all cash rent from the current 2023 land leases.
Closing Date: October 12, 2023, time being of the essence.
Possession: Date of closing with tenants in possession rights reserved to harvest 2023 cash grain crops and to utilize agricultural buildings through December 31, 2023.
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.