Southern Greene County Farm Auction

Description

UPDATE: The farm sold for $463,000 as follows: Tracts 1-8 sold for $243,000 to one buyer and closed on 11/15/07. Tract 9 sold for $220,000 and closed on 01/16/08.

SOUTHERN GREENE COUNTY FARM

83 Rolling Acres ◊ 9 Tracts ◊ New Jasper Twp.

Tuesday ◊ October 9, 2007 ◊ 4:00 PM

Open House: Monday ♦ October 1 ♦ 4:00-5:30 PM

Property Location:  Intersection of Waynesville-Jamestown and St. John Roads, Jamestown, OH (just 5 miles NE of US 68 and 4 miles SW of Jamestown).

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

A Touch of Country 

Build your own country dream on these beautiful country estate lots!  Currently in alfalfa and mixed hay with tremendous 54' x 120' metal pole barn available for storage or livestock (Tract 9).  Large or small acreage available in a growing and well-located area.  Only minutes from US Route 68 with easy access to Cincinnati & Dayton.  83 acres of prime land with slightly rolling topography.  Loads of road frontage on 2 roads.  Come join us for . . . A Touch of Country.

• 75+ acres planted in alfalfa
• 2-5 acre building sites
• 54' x 120' metal pole barn

Call today for Bidder Package!

REAL ESTATE SALE TERMS 

Bidding Procedure:  Property sells to the highest bidder via the Multi-Parcel Auction Method subject to confirmation of 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.

Down Payment:  10% down payment will be deposited with the Auction Company on the date of auction 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.

Survey:  The property has been surveyed and the new survey will accrue to the benefit of the Purchaser(s).

Tiling Easement:  The Seller has caused a septic curtain drain tiling easement to be placed on the property as required by New Jasper Township.  Such tiling has been completed according to the specifications of the Greene County Combined Health District and the Greene County Soil and Water Conservation District.  Purchaser(s) of Tracts 1-8 will pay $1,000 per tract in addition to the final bid price of the tract(s).  See the Bidder Package for complete details.

Closing Date:  On or before November 9, 2007.  Purchaser will pay customary portion of closing costs at closing.

Possession:  Date of closing with tenant in possession rights reserved to occupy barn (Tract 9 only) until December 31, 2007.

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 Floria E. Baker

J. Thurman Baker and Ronald L. Baker, Co-Executors

Greene Co. Probate No. 37600

Lester L. Ferguson, Attorney

(Toll Free) 1.866.282.8284