Auction Closed


Auction #164941

Outstanding 71-acre farm selling in 4 tracts with older 2-story brick home on Tract 1.

Ended Wed, Jul, 16th 11:59 PM America/Chicago

Populating lots for archived auction...







WEDNESDAY * JULY 16, 2003 * 6:30 PM




Auction Location: Greene County Fair & Exposition Center, 120 Fairground Rd, Xenia, Ohio. From the center of Xenia, go north on N. Detroit St (US 68) to west on W. Ankeney Mill Rd. W. Ankeney Mill Rd becomes Fairground Rd at Corporation line.


Farm Location: 2368 Federal Rd, Xenia, Ohio. Follow Old US 35 east from Xenia 3 miles & go off US 35 onto Federal Rd. Property located half mile east.




OPEN HOUSE: 4:00-5:30 pm MONDAY, June 30 and Monday, July 7




TRACT 1: 12-acre mini farm includes:


    Immaculate older restored 2-story brick home.


      3 bedrooms


      2and a half baths


      Large eat-in kitchen


      Formal dining room w/fireplace & cathedral ceiling


      Family room w/wood stove insert




      Living room w/fireplace


      Large entrance foyer


      Utility room


      New Andersen windows


      Good roof


      2 yr old fuel oil furnace


      Private well & septic


      42' x 123' metal pole barn w/partial concrete floor, 220 elec & phone jack


      15' x 18' brick smoke house


      Approx one quarter-acre lake back of home & large newly painted windmill w/water pump.




You must see this outstanding country home to really appreciate its natural beauty








TRACT 2: 6-acre mini farm building tract w/300' road frontage on north side of Federal Rd. No improvements.




TRACT 3: 5-acre mini farm building tract w/300' road frontage on north side of Federal Rd. No improvements.


TRACT 4: 48 acres of unimproved farm land w/approx 7 acres of woods at its rear and 309' of road frontage on north side of Federal Rd.




Note: The entire farm is registered in the Current Agricultural Usage Valuation (“CAUV”) program and also in the Conservation Crop Program until 2006. Approx 40.00 acres tillable.




Real Estate Sale Terms


Bidding Procedure: The property will sell by the Multi-Parcel Method in individual tracts, in combinations of tracts, or in the entirety to the highest bidder(s). Bidding on all tracts and combinations during the auction will be determined by the Auctioneer. The property will sell in the manner resulting in the highest total bid price, subject to the confirmation of the Sellers.


Acceptance of Bid Prices: The successful bidder(s) will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding.


Down Payment: Ten percent (10%) down payment day of auction upon signing of Confirmation of Sale Agreement; balance due at closing. Bidding IS NOT CONDITIONAL UPON FINANCING.


Real Estate Taxes: Taxes prorated to date of closing. Purchaser to be responsible for any CAUV recoupment charges due to change in land use.


Survey: The Seller will provide a new survey to the Purchaser(s). All lot splits and new division lines are subject to the final approval of all appropriate Greene County and Xenia Township governmental departments.


Closing Date: On or before August 22, 2003.


Possession: Tract 1: date of closing on house and barns, with tenant in possession rights reserved on the land to harvest 2003 crops. Tracts 2, 3, & 4: date of closing with tenant in possession rights reserved to harvest 2003 crops.


Agency: Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Sellers.


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 Sellers 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. No liability for its accuracy, errors, or omissions is assumed by the Sellers or the Auction Company. Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Sellers 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.






Auctioneers: Keith Sheridan & Bart Sheridan, CAI


(Toll Free) 1.866.AtAuction (282.8284)












Bidding Dates
Jul '03
06:30 PM
Preview Dates
Pre-bidding Dates
Checkout Dates