REAL ESTATE AUCTION - 50+/- ACRES IN 2 TRACTS IN PREBLE COUNTY, OHIO
Mon, Oct 28, 5:00 PM
New Paris, Ohio 45374 - Preble County - Jefferson Township (Section 30 & 31)
Owner: Cynthia L. Kessler
• 50+/- Acres in 2 Tracts • 2-Story Country Home with Barns • Productive Tillable Land • National Trail Schools • Frontage on Guy Murray and Cedar Springs Road • Beautiful, quiet setting in great location! • 1 Mile to I-70 Interchange • 1 Miles east of Richmond, Indiana • Come examine ALL the possibilities this property has to offer! • Come Bid Your Price! • Sells to the Highest Bidder! • ONLINE BIDDING AVAILABLE You may bid online during the auction at www.schraderauction.com. You must be registered One Week in Advance of the Auction to bid online. For online bidding information, call Schrader Auction Company at 800-451-2709.
OPEN HOUSE/INSPECTION DATES
Monday, October 14 from 10am-11am
Monday, October 21 from 10am-11am
6275 Guy Murray Road, NEW PARIS, OH 45347. From the middle of New Paris, travel south on OH 320 to Cedar Springs Road (Across from Lamp Post Restaurant). Turn right and follow to the farm on your right hand side. Continue to the T and turn right on Guy Murray to the House. Or From Intersection of US 40 and OH 320 Travel 1/4 mile to Cedar Springs Rd., turn left and continue straight to the Farm.
Held On Site
Tract 1: 44± ac mostly tillable. The tract consists of (2) large blocks of land connected by a 40 ft. owned strip running along a mature tree line. The north block has frontage on Cedar Springs Road sitting adjacent to the village of New Paris, OH. This block offers good drainage w/an open ditch splitting the field. The south block has frontage along Guy Murray Road and wraps around the current farmstead. As a whole, this tract contains 37+/- Tillable Acres. Predominantly Rossburg and Ockley soils.
Tract 2: 6± ac featuring a Beautiful Setting. 2-story aluminum sided home with 2,196 square feet of living space and an attached garage. The property has (3) major outbuildings including an early 64 ft. x36 ft. bank barn, 44 ft. x 30 ft. machinery shed and older livestock barn. Serviced by National Trail Schools. Small acreage country homes are scarce to the market in Preble County. Come bid your price!
PROCEDURES: The property will be offered in 2 individual tracts, or as a total 50.461+/- acre unit. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer.
DOWNPAYMENT: 10% down payment on the day of the auction with the balance in cash at closing. The down payment may be made in the form of cash, cashiers check, personal check or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed and are capable of paying cash at closing.
ACCEPTANCE OF BID PRICES: Successful bidder(s) will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. The property will be sold to the Highest Bidder(s) Regardless of Price.
EVIDENCE OF TITLE: The Seller will provide a Preliminary Title Opinion for the review of the prospective buyer(s). If Buyer(s) elect to have title insurance, the entire cost of the owners title insurance will be the responsibility of the Buyer(s). Seller agrees to provide merchantable title to the property subject to matters of record. All tracts sold As-Is.
DEED: Seller(s) shall provide a Warranty Deed(s).
CLOSING: The balance of the real estate purchase price is due at closing, which is targeted approximately 30 days after the auction.
POSSESSION: Possession will be delivered at closing.
REAL ESTATE TAXES/ASSESSMENTS: Taxes will be prorated to the date of closing. The property is currently enrolled in the CAUV program. Any change of use or CAUV recoupment is at the cost of the BUYER. Current taxes on the entire farm are $ 2,941.44 / year.
ACREAGE: All boundaries are approximate and have been estimated based on current legal descriptions.
SURVEY: A new survey will be made where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Any need for a new survey shall be determined solely by the Seller. Seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Sellers option and sufficient for title transfer.
EASEMENTS & LEASES: Sale of the property is subject to any and all easements of record.
MINERAL RIGHTS: The sale shall include 100% of the mineral rights owned by the Seller.
AGENCY: Schrader Real Estate and Auction Company, Inc. and its representatives are exclusive agents of 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 Purchase Agreement. The property is being sold on AS IS, WHERE IS basis, and no warranty or representation, either express or implied, concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure 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 of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Sellers and Selling Agents reserve the right to preclude any person from bidding if there is any question as the persons credentials, fitness, etc. All decisions of the Auctioneer are final.
ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. AUCTION COMPANY OR OWNER NOT RESPONSIBLE FOR ACCIDENTS.