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188 Acres Posey Auction

December 2, 2015 @ 6:00 pm - 8:00 pm

TOTAL: $1,132,500/ $6,023.93 per acre average

Tract #1: 47 Acres $360,000 — $7,659 per acre

Tract #2: 69.8 Acres $460,000 — $6,590 per acre

Tract #3: 38.5 Acres $200,000 — $5,194 per acre

Tract #1 thru 3: Tillable Land Average $6,580 per acre

Tract #4: 30.9 Acres Wooded $112,500 — $3,640 per acre

188 Acres Champaign County

  • 145 Acres Tillable
  • Vacant Land
  • Selling in 4 Tracts
  • Good grain farm in excellent location
  • Land lays level to gently rolling
  • Lifestyle Farm
  • Country homesite

Click to view brochure

Down Payment: Ten Percent (10%) down payment on the day of the auction. The down payment may be paid in the form of cash, personal check, business check, or cashier’s check. Checks will be made payable to Wilson National Trust Account.

Acceptance of Bid Prices: Once a bid is given during the Auction it cannot be withdrawn. All successful bidders are required to sign a Purchaser’s Agreement at the Auction site immediately following the close of the Auction. Your Bidding is not
Conditional Upon Financing, so be sure you arranged financing, if needed, and are capable of paying cash at closing.

Closing: Closing shall occur on or before January 10, 2016.

Possession: On closing date.

Title: Property is selling with good marketable Title by Warranty Deed. Purchaser is responsible for Title insurance if desired.

Real Estate Taxes: Seller to pay 2015 taxes, buyer thereafter.

Agency: Wilson National, LLC. and its representatives are Exclusive Agents of the seller.

Survey: A new survey will be provided if necessary for recording where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. The survey will be at the Sellers expense and any issues regarding the survey will be at the Seller’s discretion, combination purchases will receive a perimeter survey only. Acreage and purchase price will be adjusted after auction based on new survey if one is needed.

Easement: There is an easement with Buckeye Wind LLC that effects tracts 3 and 4. This easement will expire in June of 2017 unless construction commences before that date. Go to wilnat.com to see signed lease agreement.

Mineral Rights: All mineral rights owned by the Sellers will be conveyed to the Buyers.

Disclaimer & Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the agreement to purchase. Announcements made by the Auctioneer at the auction podium during the time of sale will take precedence over any previously printed material or any other oral statements made. The property is 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. 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 believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller, the broker or the auction company. All sketches and dimensions in this brochure are approximate. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The seller, broker and auction company reserve the right to preclude any person from bidding if there is any questions to that person’s credentials, fitness, etc. All decisions of the Auctioneer are final.

New Data, Corrections, and Changes: Please arrive prior to scheduled auction time to inspect any changes, corrections or additions to the property information.

Details

Date:
December 2, 2015
Time:
6:00 pm - 8:00 pm
Auctions Category:

Auction Location

OH United States + Google Map