Farm Land Auction Van Wert, OH
Previous Page Listing ID#: 1676687
Property Location |
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12627 Ireland Rd Van Wert Van Wert, IN 45891 |
Auction Location |
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300 W Sycamore Street Middle Point Community Building Middle Point, OH 45863 |
Auction Dates and Times |
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Tuesday Dec 10, 6:30 pm |
Auction Type |
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Live Auction |
Company Information |
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Krueckeberg Auction & Realty Website: kjauction.com GoToAuction.com ID#: 8270 View company information and listings |
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Listing Terms and Conditions |
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METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, Russell Harmeyer OH
Auct. Lic. #2001014575) and Krueckeberg Auction and Realty (Josh Krueckeberg OH Auct. Lic
#2011000051, Trevor Gray OH Auct Lic #2016000068, and David Soldner OH Auct. Lic
#57198335109) will offer this property at public auction on December 10, 2024. At 6:30 PM,
160.83 acres, more or less, will be sold at the Middle Point Community Building, 300 W
Sycamore St, Middle Point, OH 45863. This property will be offered in two (2) tracts as
individual units, in combination or as a whole farm. Each bid shall constitute an offer to
purchase and the final bid, if accepted by the Sellers, shall constitute a binding contract between
the Buyer(s) and the Sellers. The auctioneer will settle any disputes as to bids and his decision
will be final. To place a confidential phone, mail or wire bid, please contact Brett Salyers at 419-
806-5643, Chris Peacock at 765-546-0592, or Trevor Gray at 260-223-7503 at least two days
prior to the sale.
APPROVAL OF BIDS: The Sellers reserve the right to accept or reject any and all bids. All
successful bidders must enter into a purchase agreement the day of the auction, immediately
following the conclusion of the bidding. Successful bidders must execute purchase agreements on
tracts exactly as they have been bid.
DOWN PAYMENT: 10% of the accepted bid down on the day of the auction with the balance
due at closing. The down payment must be in the form of personal check, cashier’s check, cash
or corporate check. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. BE
SURE YOU HAVE FINANCING ARRANGED, IF NECESSARY, AND ARE CAPABLE
OF PAYING CASH AT CLOSING.
ACREAGE: The acreages listed in this brochure are estimates taken from the county auditor’s
records, FSA records and/or aerial photos.
CLOSING: The closing shall be on or before January 24, 2025. The Sellers have the choice to
extend this date if necessary.
POSSESSION: Possession of land and buildings will be at closing, subject to the tenant’s rights
for the 2025 crop year, which shall conclude upon the harvest of the 2025 crop. The subject is
leased for the 2025 crop year. The buyer shall receive a $300 per FSA tillable acre cash rent
payment, which shall be credited at closing. The 2025 farm income credit to the purchaser at
closing shall be $22,524 for Tract 1 and $22,644 for Tract 2. Formal notice has been served and
farming/leasing rights are open for 2026.
REAL ESTATE TAXES: The Seller will pay real estate taxes for 2024 due 2025. Buyer will be
given a credit at closing for the 2024 real estate taxes due 2025 and will pay all taxes beginning
with the first 2025 installment and all taxes thereafter. Buyer shall be responsible for any CAUV
recoupment.
SPECIAL ASSESSMENT: The Seller will pay any 2024 special assessments due.
SURVEY: The Sellers reserve the right to determine the need for and type of survey provided.
If an existing legal description is adequate for title insurance and transfer for the tract, no new
survey will be completed. If the existing legal description is not sufficient to obtain title insurance
and/or county approval to transfer, a survey will be completed, the cost of which will be shared
50/50 by the Sellers and the Buyer(s). The Sellers will choose the type of survey to be completed
and warrant that it will be sufficient to provide an owner’s title insurance policy for the tract. If a
survey is completed, the purchase price for the surveyed tract will be adjusted, up or down, to the
exact surveyed acres. The price per acre will be the auction price bid for the tract, divided by the
tract acreage estimated in the auction brochure.
FARM INCOME: Seller will retain the 2024 farm income. The buyer shall receive a $300 per
FSA tillable acre cash rent payment for 2025 income, which shall be credited at closing. The
2025 farm income credit to the purchaser at closing shall be $22,524 for Tract 1 and $22,644 for
Tract 2.
DEED: The Sellers will provide a Trustee’s Deed at closing.
EVIDENCE OF TITLE: The Sellers will provide an Owner’s Title Insurance Policy to the
Buyer(s). Each Buyer is responsible for a Lender’s Policy, if needed. If the title is not marketable,
then the purchase agreement(s) are null and void prior to the closing, and the Broker will return
the Buyer’s earnest money. Closing shall take place at Baker and McClure Law & Title in Van
Wert, Ohio.
ZONING AND EASEMENTS: Property is being sold subject to any and all easements of
record. Property is subject to all state and local zoning ordinances.
AERIAL PHOTOS, Images and Drawings: are for illustration purposes only and not surveyed
boundary lines unless specified
MINERAL RIGHTS: All mineral rights owned by the Sellers will be conveyed to the Buyer(s).
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own
risk, their own independent inspections, investigation, inquiries and due diligence concerning the
property. Further, Sellers disclaim any and all responsibility for bidder’s safety during any
physical inspections of the property. No party shall be deemed to be invited to the property by
HRES/Krueckeberg or the Sellers.
AGENCY: Halderman Real Estate Services Inc, Russell D. Harmeyer, Auctioneer, and their
representatives, and Krueckeberg Realty and Auction, David Soldner, Auctioneer, Josh
Krueckeberg Auctioneer, and Trevor Gray, Auctioneer are exclusive agents of the Sellers.
BID RIGGING: Bid Rigging is a Federal Felony and is prohibited
DISCLAIMER: All information contained in this brochure and all related materials are subject
to the Terms and Conditions outlined in the purchase agreement. This information is subject to
verification by all parties relying upon it. No liability for its accuracy, errors or omissions is
assumed by the Sellers or HRES/Krueckeberg Realty and Auction. All sketches and dimensions
in this brochure are approximate. ANNOUNCEMENTS MADE BY
HRES/KRUECKEBERG AND/OR THEIR AUCTIONEER AT THE AUCTION
DURING THE TIME OF THE SALE TAKE PRECEDENCE OVER ANY PREVIOUSLY
PRINTED MATERIALS OR ANY OTHER ORAL STATEMENTS MADE. The property is
being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express
or implied, concerning the property is made by the Sellers or HRES/Krueckeberg. No
environmental audit has been made, nor will one be made. Except for any express warranties set
forth in the sale documents, Buyer(s) accepts the property “AS IS,” and Buyer(s) assumes all risks
thereof and acknowledges that in consideration of the other provisions contained in the sale
documents, Sellers and HRES/Krueckeberg make no warranty or representation, express or
implied or arising by operation of law, including any warranty for merchantability or fitness for a
particular purpose of the property, or any part thereof, and in no event shall the Sellers or
HRES/Krueckeberg be liable for any consequential damages. Conduction of the auction and
increments of bidding are at the direction and discretion of HRES/Krueckeberg and/or the
auctioneer. The Sellers and HRES/Krueckeberg 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
HRES/Krueckeberg and/or the auctioneer are final.
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Listing Information |
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LAND AUCTIONTuesday, December 10th, 2024 at 6:30 PM Land Located at 12627 Ireland Road, Van Wert, OH 45891 Approximately 5 miles Southeast of Van Wert, OH in Ridge Township, Van Wert County. Auction Held at: Middle Point Community Building: 300 W Sycamore St. Middle Point, OH 45863 160.83 +/- Acres Tillable & Wooded GroundTract 1: 80.83 +/- Acres 75.08 +/- Tillable, 5.32 +/- Woods, .43+/- Non-TiillableTract 2: 80.0 +/- Acres 75.48 +/- Tillable, 3 +/- Woods, 1.56 +/- Barn*To be sold in individual tracts or combination*Click to view documents including, Map, Soil Mapping Tract 1, Soil Mapping Tract 2, Flyer
FARM LAND JOINT AUCTION WITH HALDERMAN REAL ESTATE AND FARM MANAGEMENT ONLINE BIDDING IS AVAILABLE, visit halderman.com to place an online bid. Please register |
Auction License: AU19800008 |
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