NE FAYETTE COUNTY (OH) LAND
Selling 167 Acres (145 Acres Tillable) in One Tract
Midway, OH
Description
LAND AUCTION
Productive NE Fayette County Farm
167 Acres ♦ One Tract
Thursday ♦ November 8 ♦ 4:00 PM
Property Location: 10843 US Route 62, Mr. Sterling, OH (6 miles SW of Mt. Sterling and 10 miles NE of Washington CH).
Auction Location: Range Township (Madison County) Firehouse, 13715 Main Street, Midway (Sedalia), OH (at the corner of Federal St/SR 323 and Main St).
Open House: Monday ♦ October 29 ♦ 4-5:30 PM
First time on the market in over two generations! A great opportunity to purchase productive land in the fertile area of northeastern Fayette County between Mt. Sterling and Washington CH. The family has farmed and managed this beautiful property for decades and is now ready to pass it on to the next generations.
Including 145 acres of tillable land with strong producing soils, this property has produced profitable yields for many years. The farm features over 2,500 feet of road frontage on US Route 62/SR 3 with additional access from Harrison Road, and is only minutes away from I-71. A tributary of the Paint Creek runs north-south through part of the property and provides excellent tiling outlet possibilities.
Contact us today to learn more about this exciting opportunity to invest in some of Southwest and Central Ohio’s fertile farmland!
Sheridan & Associates is a leader in farmland sales throughout Southwest and Central Ohio. Call today for a no-fee consultation to discuss your farmland needs.
REAL ESTATE SALE TERMS
Bidding Procedure: The property will sell 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.
Down Payment: Purchaser will deposit $50,000 as down payment 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 28, 2018, time being of the essence (Seller desires to close by December 21 if possible). Purchaser will pay customary portion of closing costs at closing..
Possession: Date of closing with tenants in possession rights reserved to harvest 2018 crops, if necessary.
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.
Sale by Order of
NORMA JEAN PAVLOVIC, Trustee
Dates
Bidding Dates
8
Nov '18
03:00 PM
America/Chicago
8
Nov '18
05:00 PM
America/Chicago