EASTERN MADISON COUNTY FARMLAND AUCTION

EASTERN MADISON COUNTY FARMLAND AUCTION


Farmland & Rural Acreage


Item #


Property Location: 5930 Lilly Chapel Opossum Rd, London, OH, , Auction Location: Madison County Fairgrounds, 205 Elm Street, London, OH


Start Date: Wednesday, January 14, 1:00 PM


End Date: Wednesday, January 14, 3:00 PM


Open House:

Call Auction Agents for Private Showing


191 Total Acres | 163 Tillable Acres | Sells in 6 Tracts




Agent Details


Bart Sheridan
Co-owner, Auctioneer, Real Estate Broker & Appraiser
(937) 902-6660

Bart Sheridan



Nathan Sheridan
Real Estate Agent, Auctioneer & Appraiser
(937) 751-2341

Nathan Sheridan

Description


191 Total Acres | 163 Tillable Acres | Sells in 6 Tracts

EASTERN MADISON COUNTY FARMLAND

191 Total Acres | 163 Tillable Acres

Sells in 6 Tracts


Click "DOCUMENTS" for Printable Brochure


Six productive tracts of eastern Madison County farmland. Located in one of Southwest Ohio’s strongest agricultural areas, these properties feature approximately 163 tillable acres, with total road frontage of over 7,500 feet. Also includes a home and outbuilding storage space on Tract 2.  Over 85% tillable with above-average soils. A great opportunity to purchase quality acreage AT AUCTION! Diverse and productive soil complexes offered in six manageable tract sizes. Located between London, Mt. Sterling, and West Jefferson, with easy access to grain markets and major highways to Columbus, Dayton, and Cincinnati. Loads of productivity and lot split potential.


Contact us today to learn more about this exciting opportunity to invest in quality, productive, and beautiful Madison County farmland!

 

Tract 1: Kiousville- Georgesville Rd.

62.32 total acres

59+/- tillable acres

Very productive soils

Well maintained drainage waterway

 

Tract 2: 5930 Lilly Chapel Opossum Rd.

40.35 total acres

27+/- tillable acres

Over 1,670’ road frontage on Lilly Chapel Opossum Rd.

2-story home w/3 BRs & 1 bath; outbuilding


Tract 3: 5765 Lilly Chapel Opossum Rd.

27.45 total acres

20+/- tillable acres

Over 1,150’ road frontage


Tract 4: State Route 665

21.54 total acres

21+/- tillable acres

Over 1,125’ road frontage

2 residential conditional uses


Tract 5: State Route 665

21.53 total acres

21+/- tillable acres

Over 700’ road frontage

1 residential conditional use


Tract 6: State Route 665

21.53 total acres

19+/- tillable acres

Over 970’ road frontage

1 residential conditional use


Join us in a comfortable setting for this exciting opportunity to invest in quality Madison County farmland!


Sale by Order of


TIMOTHY GUYTON, Executor

The Estate of Donna J. Guyton



Open House

Call Auction Agents for Private Showing

REAL ESTATE SALE TERMS


Bidding Procedure: The property will sell to the highest bidder(s) via Public Auction using the Multi-Parcel Auction Method – bid on either tract or the combinations of any tracts. The properties will sell subject to confirmation of the Seller.


Acceptance of Bid Prices: Successful bidder(s) will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding. Successful online bidder(s) will sign a Confirmation of Sale Agreement within 24 hours after Auction. Bidding IS NOT CONDITIONAL UPON FINANCING.


Down Payment: Purchaser(s) will deposit the following amounts as down payment with the Auction Company upon signing of Confirmation of Sale Agreement: Tract 1 - $35,000; Tract 2 - $30,000; Tract 3 - $25,000; Tract 4 - $15,000; Tract 5 - $15,000; Tract 6 - $15,000. Onsite Purchaser(s) will place deposit date of auction; online Purchaser(s) will place deposit within 24 hours of auction’s end. Balance will be due at closing.


Real Estate Taxes: Taxes will be prorated to the date of closing (long proration method). Purchaser(s) will pay for any Current Agricultural Use Valuation recoupment fees due to a change in land use.


Closing Date: February 27, 2026, time being of the essence.


Possession: Date of closing, subject to Tract 2 residential tenant's rights to occupy house until lease expires on March 31, 2026.


Tract Survey: Tracts 1, 3, 4, 5, & 6 will convey based on new surveys approved by the Madison County GIS department.


Agency: SHERIDANS LLC and its representatives are Exclusive Sales Agents for the Seller.


Online Bidding: Auctioneer will accept online bids during auction in real time. Auctioneer retains full discretion to modify these terms at any time prior to or during the auction. Bidders’ use of online bidding option and bid placement constitutes acceptance and agreement to adhere to these terms. All bidders are responsible for reading all terms and conditions. Lack of knowledge of Auction Terms and Conditions will not release bidders from their obligations. Auctioneer is not responsible for the failure of any part of the bidding process or internet bidding. See additional online bidding terms online.


Disclaimer & Absence of Warranties: All information contained in this brochure and all related materials is 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 auction marketing information 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.



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