Clinton County Land Sealed Bid Auction

103± Total Acres | 78± Tillable | 1 Tract | Nearby I71, SR72 & US Rte 22

Bids due no later than Wednesday, December 9th at 3:00 PM

Excellent opportunity to purchase 103± acres located along US Rte 22 in Richland Township, Clinton County, just west of Reesville. This property features approximately 78 acres of tillable farmland, additional wooded acreage, and 1,580± feet of road frontage. The tillable ground consists of a mixture of Miamian, Crosby-Celina, Kokomo, and Celina-Losantville soils with an overall NCCPI rating of 61.1. Currently enrolled in CAUV, the property offers an opportunity for farmers looking to expand their operations or investors seeking additional agricultural acreage. The property is also zoned I-1 Industrial, offering potential for other permitted uses subject to applicable approvals. Conveniently located near SR 72, US 22, and I-71. Offered as one tract via Sealed Bid Auction, with initial bids due Wednesday, December 9, 2026, at 3:00 PM. Download the full bidder packet from the Documents Tab or call us with questions.

Auction Agents will be available to meet with you at the farm or another location by appointment.

Sealed Bid Auction Terms & Conditions

Initial Round Bid Submission: Bid Packages will be accepted in person or electronically (e.g., email, fax, or similar means) at the office of SHERIDANS LLC, 200 Parkview Lane, Cedarville, OH, through

Wednesday, December 9th, 2026, at 3:00 PM Eastern, time being of the essence. Bids will be opened privately at SHERIDANS LLC office by 6:00 PM on that date.

A complete Sealed Bid Package shall consist of:

(1) The applicable signed Consumer Guide to Agency Relationships;

(2) The applicable signed Agency Disclosure Statement; and

(3) A completed and signed Real Estate Contract to Purchase stating the bidder's firm, unconditional purchase price.

Each bid must state a firm, unconditional purchase price expressed as a single, total dollar amount, with no escalation clauses, contingencies, conditions, or modifications of any kind. Any bid that includes variable pricing, additional terms, or is otherwise nonconforming will be considered null and void at Seller's sole discretion. The Seller reserves the right, at their sole discretion, to accept or reject any bid submitted.

Second Round/Call for Advancement: Seller will select the top two initial round bids and those two bidders will have the opportunity to submit in writing a raise of their respective bids on or before Thursday, December 10th, 2026, at 3:00 PM, which escalated bids (if any) will be opened by 6:00 PM on that date.

Contracting: SHERIDANS LLC will notify the winning high bidder not later than Friday, December 11, 2026, at 12:00 Noon. Seller and Purchaser will sign the Real Estate Auction Contract to Purchase via electronic signature or in person within 24 hours of notification of Seller's acceptance of bid.

Down Payment: The Purchaser agrees to deliver to SHERIDANS LLC via overnight mail, wire transfer (plus $45 wiring fee), or personally delivered funds the down payment of $50,000 within 24 hours of notification of Seller's acceptance of Purchaser's bid. Personal delivery of down payment may be made at 200 Parkview Lane, Cedarville, Ohio. All amounts will be paid in U.S. funds. Bidding IS NOT CONDITIONAL UPON FINANCING.

Real Estate Taxes: Taxes will be prorated to date of closing using the long proration method.

Transaction Closing Date & Related: On/before January 23, 2027. Purchaser will pay customary portion of closing costs at closing. Closing will be conducted by Home Site Title Agency, Xenia, OH.

Possession: At date of closing or another time mutually agreed upon by Purchaser and Seller.

Agency: SHERIDANS 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 is subject to the terms and conditions outlined in the Confirmation of Sale Agreement. 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 SHERIDANS LLC. Each bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the marketing materials is believed to be accurate, but is subject to verification by all parties relying on it. Neither the Seller nor SHERIDANS LLC assumes liability for its accuracy, errors, or omissions. The Seller and SHERIDANS LLC 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 SHERIDANS LLC are final.