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OHIO REAL ESTATE AUCTION
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198+/- Acres offered in 6 Tracts
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Magnificent Rural Property
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High Quality Tillable Land
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2 Country Homes
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5+/- Acre Pond & Walnut Grove
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5 miles Northwest of New Holland
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6.5 miles Northeast of Washington Court House
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35 miles Northwest of Chillicothe
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38 miles Southwest of Columbus
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57 miles Southeast of Dayton
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Online Bidding Available
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OHIO REAL ESTATE AUCTION, 198+/- Acres offered in 6 Tracts
Washington Court House, Ohio, Fayette County, Marion Township
Owner: Marlene Chilcote, Nanette Zeysing and Loretta Miller Thu, Sep 18, 2014 EASTERNAUCTION IS OVER
TOTAL SOLD: $1,550,000
Tract(s): 1+2+4-6 | @ $1,330,000 | ($6,887/acre) |
Tract(s): 3 | @ $220,000 | ($44,000/acre) |
OPEN HOUSE/INSPECTION DATES
Sunday, August 17 from 2-4PM
Saturday, August 23 from 9-11AM
Thursday, September 4 from 5-7PM
Meet a Schrader representative at the home on Tract 4.
PROPERTY LOCATION
From Washington Court House, take US-22 east for 5.4 miles to Hess Rd. and turn north. Travel 1 mile to the property on the east side of the road, 1188 Hess Road, Washington Court House.
AUCTION LOCATION
Fayette County Fairgrounds, Washington Court House, OH 43160.
Directions to Auction: From Washington Court House, take State Route 62 west for 1 mile to Fayette County Fairgrounds (across from Wal-Mart). Auction will take place in the Mahan building.
TRACT DESCRIPTIONS
Tract 1:
24± ac
of prime, tillable cropland. Brookston silty clay loam, Celina silt loam, and Crosby silt loam are the predominant soil types. There are over 950 ft. of road frontage on Hess Rd.
Tract 2:
63± ac
with 55 +/- acres tillable. Miamian silt loam, Celina silt loam, and Brookston silty clay loam are the primary soils. Compton Creek provides an excellent drainage outlet. There are over 750 ft. of road frontage on Hess Rd.
Tract 3:
5± ac
which includes the colonial-style 2-story remodeled home. The home has over 2,000 sq. ft. on the first floor with a large kitchen and breakfast area. The kitchen boasts custom Scheirich cabinets, double oven, Thermador 4-burner range top, dishwasher, disposal, and double-door refrigerator. The master bedroom is 15 ft.x15 ft. with a huge 15 ft.x7 ft. walk-in closet. The master bath includes a Jacuzzi-style tub, shower, and double vanity with custom cabinets and double mirrors. The main floor continues with a 16 ft.x14 ft. dining room and a 21 ft.x14 ft. family room with a bay window and brick-front fireplace with gas log insert. The 28 ft.x13.5 ft. living room has a vaulted ceiling and several custom windows providing natural light to make you feel right at home. The 27 ft.x16 ft. office/sun room is ideal for a home business or entertaining a large group. The home also includes an 11 ft.x9 ft. entry/mudroom just off the 40 ft.x25 ft. 3-car attached garage with newer 9 ft. overhead doors complete with openers. The 800 sq. ft. upstairs includes 3 bedrooms measuring 15 ft.x15 ft., 15 ft.x12 ft., and 14 ft.x11 ft. along with a full bath. The home has central air, fuel-oil furnace, 200 amp electric, 6 in. well, newer water heater, water softener, security system, and partial basement. Also included on Tract 3 is a 40 ft.x30 ft. insulated shop with concrete floor and heat, an attached 80 ft.x56 ft. pole building with large sliders and walk-in doors, and a 7,000-bushel grain bin with end dryer, stirrator, and 6 in. unload auger. This property is conveniently located and has a great setting with beautiful landscaping and mature trees.
Tract 4:
20.1± ac
includes the ranch-style home with front and side covered porch. This tract has much to offer with a secluded setting, 5 +/- acre pond, dock, walnut-tree grove, and windmill. If you enjoy fishing, hunting, boating, or have always dreamed of a private get-away, here is your opportunity! The home features a great kitchen with Grabill custom hickory cabinets, JENN-AIR 4-burner electric range top with grill plates and oven, dishwasher, and Crosley refrigerator. The open floor plan also offers an 11 ft.x10 ft. dining area, 21 ft.x20 ft. family room, and a full bath with shower. The two bedrooms are each 14 ft.x12 ft.. This home has central air, a heat pump, 200 amp service, and a 6 in. well. There are 60 ft. of owned access from Hess Road. The majority of the land on Tract 4 is in CRP.
Tract 5:
17± ac
SWING TRACT with 13.4 +/- tillable acres and 2 +/- acres in CRP. The primary soil types are Miamian silt loam and Westland silty clay loam. Tract 5 must be purchased in combination with Tract 2 and/or Tract 4 or by an adjoining land owner.
Tract 6:
69± ac
SWING TRACT with 64 +/- acres tillable. Soils primarily consist of Fox silt loam, Miamian silt loam, Westland silty clay loam, Celina silt loam, and Brookston silty loam. Consider the income potential of this tract with quality soils and drainage outlet to Compton Creek. Tract 6 may be purchased only by an adjoining landowner or as part of a tract combination providing road frontage.
FSA and Tax Information Upon Request
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 Kevin Jordan at Schrader Auction Co. - 800-451-2709.
AREA MAP
TRACT MAP(S)
SOIL INFORMATION
AREA MAP(S)
PROCEDURE: The property will be offered 6 individual tracts, any combination of tracts and as a total 198+/- acre unit. There will be open bidding on all tracts (with swing tract limitations) and combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete.
DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of 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 purchase agreement at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.
EVIDENCE OF TITLE: The Seller shall provide a preliminary opinion of title to be made available to prospective bidders for review prior to bidding. If any buyer elects to purchase title insurance, the cost thereof shall be at such buyers sole expense. Seller agrees to provide merchantable title to the property subject to matters of record, general conditions of title, and similar or related matters. All tracts sold AS IS.
DEED: Appropriate deed will be delivered at closing.
CLOSING: Closing shall take place 30 days after auction date, or as soon thereafter as applicable closing documents are completed.
POSSESSION: Possession of the auction tracts which includes the homes shall be delivered 30 days after closing. Possession of the other auction tracts shall be delivered subject to tenants rights for the remainder of the 2014 crop year.
REAL ESTATE TAXES: Buyer shall assume real estate taxes beginning with the 2015 calendar year taxes due and payable 2016. If usage is changed, the Buyer is responsible for CAUV Recoupment.
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. Buyer(s) and Seller shall share survey expense 50:50. Any new survey(s) provided shall be for the perimeter only, when tracts are combined.
FSA INFORMATION: Contact Auction Company for farm number and farm bases.
EASEMENTS: 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 an AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. 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 Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to 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.