XENIA AREA FARMLAND AUCTION
Farm sold for $435,000 (or $7,042 per acre) and is expected to close by March 7, 2014
Description
Farm sold for $435,000 (or $7,042 per acre) and is expected to close by March 7, 2014
XENIA TOWNSHIP FARM AUCTION
62 Acres selling in One Parcel
Thursday, January 30th at 3 PM
Property Address: 1200 US 42 S., Xenia, OH 45385
Auction Address: Greene County Fairgrounds, 120 Fairground Road, Xenia, Ohio 45385
We are pleased to offer this 62 acre farm located on US 42, less than one mile south of US 35 in Xenia Township, Greene County, Ohio. This prime farm, selling in one parcel, maximizes your income potential with 60 tillable acres, productive soils, good yield history, and recent tiling. The property is well-located in central Greene County, just south of Xenia. Join us in a climate-controlled auction facility for this rare opportunity to purchase productive, vacant farmland. Call us today for full details or to schedule a visit to this farm.
Soil Type/Percentage of Total Acres
Birkbeck silt loam (BbB) - 27%
Miamian silt loam (MhB) - 7%
Ragsdale silty clay loam (Ra) - 6%
Reesville silt loam (ReA) - 60%
REAL ESTATE SALE TERMS
Bidding Procedure: The property will sell in one parcel to the highest bidder subject to 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. Bidding IS NOT CONDITIONAL UPON FINANCING.
Downpayment: $20,000 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.
Real Estate Taxes: Taxes will be prorated to date of closing using long proration method, based on estimated real estate taxes for new parcel by Greene County Auditor. Purchaser will be responsible for CAUV recoupment due to change in land use, if applicable.
Closing Date: On or before March 7, 2014. Purchaser will pay customary portion of closing costs at closing. Closing to be conducted by Home Site Title, Xenia, Ohio.
Possession: Date of closing.
Survey & Easements: Seller will provide new survey. Perpetual Well Easements to be placed on property for repair and maintenance of two residential wells located within waterway on property.
Access: New field access from US 42 has been preliminarily approved by ODOT, pending new driveway permit by new owner. New owner shall be permitted to use existing driveway located at 1200 US 42 for field access during 2014 crop year.
Agency: Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.
Disclaimer & 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.
John & Rebecca Brill, Owner
Sheridan & Associates is the leader in farmland sales throughout the Greater Miami Valley Area. Call today for a no-fee consultation to discuss your farmland buying or selling needs.
Dates
Bidding Dates
30
Jan '14
02:00 PM
America/Chicago
Preview Dates
Pre-bidding Dates
Checkout Dates
Directions
From the center of Xenia, travel south on US 42 to property. From Dayton, travel east on US 35 to south on US 42 to property. From Jamestown, travel east on US 35 to south on US 42 to property. Located less than one mile south of US 35. Watch for sign.
Terms
REAL ESTATE SALE TERMS
Bidding Procedure: The property will sell in one parcel to the highest bidder subject to 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. Bidding IS NOT CONDITIONAL UPON FINANCING.
Downpayment: $20,000 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.
Real Estate Taxes: Taxes will be prorated to date of closing using long proration method, based on estimated real estate taxes for new parcel by Greene County Auditor. Purchaser will be responsible for CAUV recoupment due to change in land use, if applicable.
Closing Date: On or before March 7, 2014. Purchaser will pay customary portion of closing costs at closing. Closing to be conducted by Home Site Title, Xenia, Ohio.
Possession: Date of closing.
Survey & Easements: Seller will provide new survey. Perpetual Well Easements to be placed on property for repair and maintenance of two residential wells located within waterway on property.
Access: New field access from US 42 has been preliminarily approved by ODOT, pending new driveway permit by new owner. New owner shall be permitted to use existing driveway located at 1200 US 42 for field access during 2014 crop year.
Agency: Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.
Disclaimer & 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.