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521 ACRE GENERAL PURPOSE FARM AUCTION
October 10, 2019 @ 6:00 pm
Tracts 1-2-3-4-5-6-7-8 (406.735 acres) $1,075,000 – $2,643 per acre
Tract 9 (53.011 acres) $102,500 – $1,933.56 per acre
Tract 10 (61.616 acres) $145,000 – $2,353.28 per acre
521 ACRES WITH IMPROVEMENTS
FRONTING ON SR 41 AND STRAIT CREEK ROAD
THURSDAY, OCTOBER 10, 6 P.M.
TILLABLE LAND – RECREATIONAL LAND
19th CENTURY HOME – BARNS
• Superb Hunting
• Abundant Wildlife
• Marketable Timber
OFFERED IN 10 TRACTS
Auction Location: At Wilson National Real Estate headquarters, 8845 SR 124, Hillsboro, Oh. (Watch for signs.) 3 miles east of Hillsboro.
Farm Location: 2 miles south of Sinking Springs OH on SR 41 and Strait Creek Rd. (Watch for signs.) Home addresses are 1751 SR 41 and 13349 Strait Creek Rd.
BUY ANY INDIVIDUAL TRACT, COMBINATION OF TRACTS OR WHOLE FARM
TRACT 1 L0CATED ON RT. 41
TRACTS 2 THRU 10 ON STRAIT CREEK ROAD
TRACT #1: 166 Acre General Purpose Farm with 60 acres tillable, balance in pasture and woods, 3 BR home w/deferred maintenance, 30×60 barn, 18×20 shed and corn crib. Creek frontage on Strait Creek
TRACT #2: 22 acres with 14 acres tillable, balance in woods. Lots of frontage on Strait Creek and Baker Fork Creek.
TRACT #3: 11 acres with 10 acres tillable. Strait Creek and Baker Fork Creek frontage.
TRACT #4: 19th Century 3 BR, 2 bath home with 2 car garage and 60×60 barn, and 1 BR cottage situated on 7.7 acres.
TRACT #5: 103 acres heavily wooded with 13 acres of pasture, trail network, stream runs thru property.
TRACT #6: 85 acres heavily wooded, 12 acres of open land, 60×60 barn w/stalls and old 2 story home. Baker Fork Creek frontage.
TRACT #7: 7 acres with 5 acres tillable. Baker Fork Creek frontage.
TRACT #8: 5 acres with 3 acres tillable, woods, Baker Fork Creek frontage.
TRACT #9: 53 acres with cottage, heavily wooded. Some open pasture.
TRACT #10: 61 acres heavily wooded with 16 acres tillable, pasture.
PREVIEW: SATURDAYS, SEPTEMBER 21, 28 & OCTOBER 5
FROM 9 A.M. TO 12 NOON – OTHER TIMES BY APPOINTMENT
SALES AGENTS WILL BE AT 13349 STRAIT CREEK RD. (TRACT #4)
FEEL FREE TO BRING ATV TO VIEW PROPERTY.
Joseph G. Wolfe, Trustee
Stephen J. Wolfe Jr. Irrevocable Administrative Trust
TERMS AND CONDITIONS
Down Payment: Purchaser required to pay Ten Percent (10%) down payment of the total bid price on the day of the auction. The down payment may be paid in the form of personal check, business check, or cashier’s check. Checks will be made payable to Wilson National Trust Account. Balance of purchase price due at closing.
CLOSING: Closing shall occur on or before November 25, 2019.
POSSESSION: On closing date. Purchasers that wish to hunt before closing can do so with by showing evidence of a 1 million dollar liability policy and signing an indemnity agreement holding the seller harmless.
TITLE: Property is selling with good marketable Title by Trustee’s Deed free of any liens. Purchaser is responsible for Title insurance if desired. Seller will provide title commitment.
REAL ESTATE TAXES: Seller to pay 2019 taxes due and payable 2020, buyer thereafter. Buyer is responsible for CAUV recoup if applicable.
SURVEY: A new survey will be provided by seller if required for transfer. 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. We know based upon present legal description and GIS mapping the advertised acreage is extremely close.
MINERAL RIGHTS: All mineral rights owned by the Sellers will be conveyed to the Buyers.
AGENCY: Wilson National, LLC. and its representatives are Exclusive Agents of the seller.
LEAD BASE PAINT DISCLOSURE: Any home built before 1978 has the potential for lead based paint. The sellers have signed a disclosure form stating they have no knowledge or reports regarding lead base paint. Purchasers are welcome to do a test, if so desired, but will be required to sign a disclosure waiving your right to a test that would have any effect on the contract to purchase.
PROPERTY OWNERS DISCLOSURE: Trustees are exempt from filling out this form. Buyer’s are purchasing property accordingly.
ACCEPTANCE OF BID PRICES: The successful bidder will be required to sign a Confirmation of Sale Agreement and disclosures at the Auction site immediately following the close of the Auction. This is a cash on delivery of deed sale. Your Bidding is not Conditional Upon Financing, so be sure you arranged financing, if needed, and are capable of paying cash at closing.
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 marketing materials are approximate. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. Auction firm has the right to take phone bids, bid on behalf of absentee buyers or sellers. The seller, broker and auction company reserve the right to preclude any person from bidding if there is any question to that person’s credentials, fitness, etc. All decisions of the Auctioneer are final. For FSA 156EZ info, additional documents and disclosures go to www.wilnat.com.
New Data, Corrections, and Changes: Please arrive prior to scheduled auction time to inspect any changes, corrections or additions to the property information.