HOLLANSBURG REAL ESTATE
HOLLANSBURG REAL ESTATE
2 Tracts ♦ 9.6 Total Acres ♦ Live Bidding
Wednesday ♦ August 26 ♦ 4:00 PM
Location: 3004 & 3034 Palestine-Hollansburg Rd, Arcanum, OH, just 1/2 mile north of the Village of Hollansburg.
Auction Agent will be on Tract 1 premises Thursday, August 20, 2-3:00 PM.
Southwest Darke County fixer-uppers with great upside potential and nearly 10 acres total. Both properties will make wonderful rental investments or owner-occupied situations.
Tract 1: 3004 Palestine-Hollansburg Rd, Arcanum
2.8 acres including 2-story house with 4 bedrooms, 1 bath, & 1,400+ square feet of living area. Also features nice metal pole barn, and miscellaneous outbuildings.
Tract 2: 3034 Palestine-Hollansburg Rd, Arcanum
6.8 acres including 1-story house with 1 bedroom, 1 bath, and nearly 1,000 square feet of living area.
Both properties will make wonderful rental investments or owner-occupied situations. Don’t miss a great opportunity to bid on these two properties being offered at PUBLIC AUCTION by the Multi-Parcel Auction Method! Tract 1 home will be open for inspection date of auction at 3:00 PM.
REAL ESTATE TERMS
Bidding Procedure: The property(ies) sell(s) to the highest bidder(s) via the Multi Parcel Auction Method subject to confirmation by Executor and secured creditor.
Acceptance of Bid Prices: The successful bidder(s) will sign a Confirmation of Sale Agreement at the auction site immediately after the close of bidding.
Down Payment: Purchaser(s) will deposit earnest money of $4,000 per tract 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 proration method.
Closing Date: On/before October 2, 2020. Purchaser 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.
Estate of CARL E. HAYS
Carla Jo Mintkenbaugh, Exec
Lester L. Ferguson, Atty
Darke Co Probate No. 20191234