CENTRAL GREENE COUNTY FARM AUCTION

Description

UPDATED 11/15/2013 @ 4:25 PM

SOLD!!

$645,000 Total ($6,516/ac)

Tracts 1, 3, & 4 (47.45 ac) - $305,000 ($6,428/ac)

Tract 2 (51.54 ac) - $340,000 ($6,597/ac)

CENTRAL GREENE COUNTY FARM AUCTION

SELLING IN 4 PARCELS

Thursday, November 14, 2013 @ 4:00 PM

Property Location: 3904 Old US 35, Xenia, OH - Located 6.5 miles east of Xenia and 1.5 miles west of Jamestown

 Auction Location:  Greene County Fairgrounds, 120 Fairground Rd, Xenia, OH 45385

Join us for the opportunity to bid for this beautiful central Greene County farm with something for everyone – productive farmland, beautiful heavily wooded areas, year-round creek frontage, building lots – and all centrally located within one hour of three of Ohio’s major cities!  Includes 60+ acres of productive farmland in one of the State’s prime farming areas.

 Tract 1:     45.5 acres of land (25+ acres tillable) with frontage on Old US 35 and Cherry Grove Road and creek frontage at rear of property.  Includes 2-old story frame dwelling in need of repair and various outbuildings.

 Tract 2:     51.5 acres of land (35+ acres tillable) with frontage on Old US 35 and creek frontage at rear of property. 

 Tract 3:     1.0-acre building lot at Old US 35 and Cherry Grove Road.

 Tract 4:     1.0-acre building lot at Old US 35 and Cherry Grove Road.

REAL ESTATE SALE TERMS

Bidding Procedure:  The property will sell to the highest bidder subject to confirmation of the Seller via the Multi-Parcel Auction Method. 

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 per tract for Tracts 1 and 2 and $3,000 per tract for Tracts 3 and 4 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. Purchaser  will be responsible for CAUV recoupment due to change in land use, if applicable.

Closing Date:  On or before December 31, 2013.  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 & 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.

DALE A. AND THERESA K. MOORE - CO-TRUSTEES