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1750 Acres Liberty Lands Auction
November 12, 2014 @ 1:00 pm - 6:30 pm
LIBERTY LANDS SALE RESULTS
1750 Acres Morrow and Crawford Counties, Ohio
Whole Farm Total = $12,708,000
Per Acre = $7,262
Per Tillable Acre = $8,449
Tracts 1-2-4-5 – 489.9 acres = $4,035,000 = $8,236 per acre
Tract 3 – 102.5 acres = $650,000 = $6,341 per acre
Tract 6 – 49.5 acres = $200,000 = $4,040 per acre
Tracts 7-8-9-10 – 316.7 acres = $2,150,000 = $6,788 per acre
Tract 11 – 19.4 acres = $48,000 = $2,474 per acre
Tracts 12-13 – 197.6 acres = $1,520,000 = $7,692 per acre
Tracts 14-15 – 240.3 acres = $1,530,000 = $6,367 per acre
Tracts 16-17-18-19 – 333.6 acres – $2,575,000 – $7,718 per acre
1750 Acres Vacant Land
- Selling in 19 Tracts.
- 8 Farms
- 1504 Acres Tillable
- Highly Productive Farmland
- Tillable & Wooded Land
- Several tracts systematically tiled
- Good Drainage
Procedure: The Properties will be offered in 19 individual tracts, any combination of tracts and as a total 1737+ acres. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on individual 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 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: 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.
Deed: Seller shall provide a warranty deed. Real estate is sold subject to all rights of way, legal highways, leases, easements of public record, and all other matters of public record.
Closing: The balance of the purchase price is due at closing, which will take place on or before January 7, 2015, or as soon thereafter as applicable closing documents are prepared by the Seller. All lender costs shall be paid by the buyer(s).
Possession: Possession is at closing, subject to tenant’s rights through December 31, 2015.
Real Estate Taxes: Seller shall pay 2014 calendar year taxes due in 2015.
Acreage: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
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.
Easement: Sale of the property is subject to any easements and restrictions of record.
Agency: Wilson National, LLC. and its representatives are Exclusive Agents of the seller.
Stock Photography: Animals in photos are for illustrative purposes only and were inserted into original photographs.
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.