GERMAN TWP REAL ESTATE
Ended: 07/27/20 at 3:00 PM EDT
GERMAN TWP REAL ESTATE
2 Tracts ♦ 9.3 Total Acres ♦ Timed Online Bidding
Bidding Starts: Monday ♦ July 20 ♦ 12:00 Noon
Bidding Ends: Monday ♦ July 27 ♦ 3:00 PM
Location: 3211 Troy Rd (SR 41), Springfield, OH, just north of Johnson Rd and the Upper Valley Mall.
Mon ♦ July 20 ♦ 4-5:30 PM
Western German Twp (Clark County) acreage including 1.5-story frame home with barn on 1.4 acres (Tract 1) and 7.9-acre vacant lot (Tract 2). Ideally located just 2 miles north of the US 68 intersection, this property offers a well-built home and over 9 acres of total land area. Don’t miss a great opportunity to bid on these two properties being offered by the Multi-Parcel Method! Visit us online to register and to bid.
Bidding Procedure: The property(ies) sell(s) to the highest bidder(s) subject to the confirmation of the Seller, via the Multi Parcel Auction Method.
Timed Online Bidding: All bids will be placed using the online bidding portal. See additional online bidding terms at bidding portal
Acceptance of Bid Prices: The successful bidder(s) will sign a Confirmation of Sale Agreement at the auction site within twenty-four hours after the close of bidding.
Down Payment: Purchaser(s) will deposit with Auctioneer earnest money of $8,000 for Tract 1 and $5,000 for Tract 2 within forty-eight hours after the close of bidding; balance due at closing. Bidding IS NOT CONDITIONAL UPON FINANCING.
Real Estate Taxes: Taxes will be prorated to date of closing using long proration method.
Closing Date: On/before September 9, 2020. Purchaser will pay customary portion of closing costs at closing.
Possession: Date of closing with tenant in possession of 2020 grain crop on Tract 2 rights reserved.
Encroachment Easement: Seller has identified a potential encroachment easement from Tract 1 onto Tract 2 involving a corner of the Tract 1 barn. Seller will determine through consultation with a professional surveyor the extent of the encroachment, if any, and will transfer Tract 1 subject to an easement in favor of Tract 2.
Sewer: Tract 1 is currently served by a private septic system. Buyer assumes all responsibilities for hooking in to the nearby public sewer line if required in the future by Clark County.
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.