MULTI-PARCEL |
| SELLING INDIVIDUALLY OR AS A PACKAGE |
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Acreage is being offered in a 'multi-parcel' auction format with 29.166 acres (TRACT 1), 160.568 acres (TRACT 2). Buy one parcel, or both, it will sell in the manner that results in the highest price, subject to the aggregate reserve of $2,371,675. There is NO CAUV tax recoupment. |
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CLICK THE INTERACTIVE TRACT MAP IMAGE ABOVE TO INTERACT AND ZOOM OVER TRACTS 1&2
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| TRACT 1 29.006 Acres Parcel: 619-200-01-021-000 County: Delaware Tax District: 26 MARLBORO TWP DELAWARE Township: Marlboro School District: 2102 BUCKEYE VALLEY Zoning/Use: Agriculture, FR-1 *Taxes: $1,014.46/year |
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| TRACT 2 160.568 Acres Parcel: 400340000100 County: Marion Tax District: 40 WALDO TWP MARION Township: Waldo School District: 2102 BUCKEYE VALLEY Zoning/Use: RR, B-I *Taxes: $4,750.16/year |
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AUCTION TERMS & CONDITIONSSelling with the aggregate (cumulative) reserve of $2,371,675.00 The real estate sells in AS-IS condition. The Seller is not making any repairs or giving any concessions. The sale is not contingent upon a satisfactory inspection. The sale is not contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the appraisal gap, if any. The successful bidder will sign and return within 24 hours the purchase contract and other applicable documents electronically following the close of the auction. The Seller will not pay the recoupment tax. The successful bidder/buyer of the parcel(s) will deposit 10% of the bid price (earnest money), non-refundable, payable on the day of the auction in cash, check, or by electronic transfer, to be held by the title company. Buyer to proceed to close within (45) days of the auction. The sale of this property is subject to the successful sale and closing of both parcels, Delaware County parcel number 619–2 00–0 1–021–000and Marion County parcel number 400340000100. - A small portion of this farm is in the CRP program (see map in documents section). The Buyer is responsible for assuming and keeping the current CRP contract. The Buyer is responsible for any recoupment if they end the CRP contract.
Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee, and the proration of real estate taxes. There is a 10% (TEN) Buyer’s Premium added to the final bid price to determine the final purchase price.
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AUCTION MARKETED & AUCTIONED BY |
Auction Ohio Real Estate 7461 Worthington Galena Road Worthington, OH 43085 |
Chris Davis, Auctioneer/Realtor® (614) 570-2500 chris@auctionohio.com License # 5719857999 |
| Brian Davis, Auctioneer/Realtor® (614) 499-3340 brian@auctionohio.com License #2007000097 |
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WHAT IS A MULTI-PARCEL AUCTION?
This sale will be conducted as a Multi – Parcel auction with 2 properties selling individually or in any combination.
After the properties are offered on an individual basis, the auctioneer will entertain subsequent rounds of bidding whereby buyers are permitted to combine properties at a higher bid value. Buyers can place bids on individual properties or both properties, at anytime until bids are closed. The real estate will sell in the manner that produces the highest bid price. |
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