85.47 Acres Prime Ohio Farmland

Brookville, Ohio - Montgomery County

Owner: Joye S. Woolery, Cheryl A. Grigsby, Christopher A. F. Woolery and the Estate of Vicki Cupp, Miami County Probate Court Case No. 83486; Joye S. Woolery, executor; Thomas E. Dysinger, Attorney, Dysinger and Associates, LLC, 249 South Garber Dr., Tipp City, OH 45371, 937-667-4481 Thu, Jul 14, 2011 EASTERN

AUCTION IS OVER

• Great Location • Productive Tillable Land • Frontage along I-70 • 2-Story Home & Outbuildings • Near Residential Development • Brookville Local School District • 12 Miles Northwest of Dayton • Montgomery County, Clay Twp., Sec. 4


OPEN HOUSE/INSPECTION DATES

Sunday, June 26, 2-5 pm
Tuesday, June 28, 4-7 pm
Meet a Schrader Representative at the home on the property.

PROPERTY LOCATION

10365 Upper Lewisburg-Salem Road, Brookville, OH 45309.
From I-70 take exit 21 (Brookville exit.) Turn south on Arlington Rd. travel to the first automatic signal. Turn east on East Upper Lewisburg-Salem Rd. and travel .6 mile to the farm. Farm is located on north side of road. Watch for signs.

AUCTION LOCATION

Christena Leiber Senior Citizens Center (Bldg. 1) at the Golden Gate Park, 545 E. Upper Lewisburg-Salem Road, Brookville, OH 45309.
From I-70 take exit 21(Brookville exit.) Turn south on Arlington Rd. and travel to the first automatic signal. Turn east on East Upper Lewisburg-Salem Rd. and travel .1 mile to Golden Gate Park. Turn south into the Park and travel .1 mile to the Christena Leiber Senior Citizens Center. Watch for signs.

PROPERTY DESCRIPTION

The property also includes 2 large, older outbuildings ideal for storage or livestock - 75 ft. x 44 ft., 83 ft. x 32 ft..


Annual Property Taxes for the tax year 2010 were $3,680.21


Buyer to receive the 2011 cash rent.

TRACT DESCRIPTIONS

Tract 1: 85.5± ac Farmers and investors alike consider the income potential of this offering. The productive, tillable land consists of Celina silt loam, Brookston silt clay loam and Miamian silt loam as the predominant soil types. There are 1,135 +/- feet of frontage along Upper Lewisburg-Salem Road and 1,375 +/- feet of frontage along Interstate 70. The property is 3,550 +/- feet deep. Investigate the investment potential of the prime location of this property just east of Brookville. The 2-story home features 1,760 square feet of living area. There are 2 bedrooms, 1 1/2 baths, and a partial basement.

  • Bedroom 15 ft. x 14.5 ft.
  • Bedroom 15.5 ft. x 13.5 ft.
  • Eat-in kitchen 18 ft. x 11 ft.
  • Family Room 26 ft. x 15 ft.
  • Living Room 15 ft. x 13.5 ft.
  • Back Porch 11 ft. x 7 ft.


    AREA MAP

    • TRACT MAP(S)

    SOIL INFORMATION

    AREA MAP(S)

    PROCEDURE: The property will be offered in 1 individual tract as a total 85.47 acre unit. DOWN PAYMENT: 10% down

    payment on the day of auction. The down payment may be made in the form of cashier’s 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: The successful bidder will be required to enter into purchase agreement at the auction site immediately following the close of the auction. The final bid price is subject to the Sellers’ acceptance or rejection.

    EVIDENCE OF TITLE: The Seller agrees to furnish Bidders an attorney’s title opinion to review. If the Buyer elects to have title insurance, the entire cost of the owners title insurance will be the responsibility of the Buyer. DEED: An appropriate deed will be delivered at closing.

    CLOSING: Closing shall take place on or before August 19, 2011, or as soon thereafter as applicable closing documents are completed.

    POSSESSION: At closing with tenants rights.

    REAL ESTATE TAXES: Seller will pay all 2010 real estate taxes due in 2011. The buyer will assume all 2011 taxes due in 2012 and thereafter. 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: The current legal description showing 85.47 acres shall be used for the closing. 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 person’s 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.

    None at this time