163 ACRE FARM & FARM MACHINERY
Ordered SOLD by US Bankruptcy Court, Southern District of Ohio
Western Division Case # 16-10340

This is a beautiful 163 +/- acre farm with approximated 140 acres planted in beans, which harvest rights transfer with the property to the purchaser. The land lies on both sides of Number 9 Rd. This property also contains a 1.5 story frame home, lg. older hay barn, implement shed, and newer metal sided machinery barn.

According to the Clermont County Auditor, the frame saltbox style home was constructed in 1900 and contains approximately 1710sf. This home features 5 bedrooms and a full bathroom over a partial basement.

The property contains 3 parcels denoted as PID #473406J008, 473406K050, and 473406F072. The total annual real estate taxes are currently $6,291.73 based on a Clermont County assessed value of $730,000. The property is under the CAUV program, which becomes either the purchaser’s responsibility to maintain or pay the required back recoupment.

PROPERTY INFORMATION PACKET

• Caterpillar fork lift
• 1974 IH 766 Tractor
• Minneapolis Moline G950 tractor
• Minneapolis Moline U302 tractor
• Minneapolis Moline tractor
• Gleaner R52 combine
• Gleaner 6 row corn head
• Gleaner 300 series 22’ grain head
• John Deere No Till Drill
• John Deere 6 row no till corn planter
• 27’ Sunflower disc
• Kasco chisel plow
• White 13’ disc chisel plow
• John Deere chisel plow
• White 614 mold board plow
• 4 row corn planter
• Bush Hog front end loader
• 18’ IH field finisher
• Rotary Hoe
• 62’ Mayrath swing away grain auger
• 57’ Hutchinson grain auger
• (2) grain auger for parts
• Auger Mate/clay belt conveyor
• Harrogator
• Hay Rake
• Bush Hog
• Trailer w/ 1000 gal. tank & pump (2) Easy Flow 250 Bushel grain wagons
• (2) J&M 250 bushel grain wagon
• (2) older J&M grain wagons
• (2) M&W red wagons
• Kill Brothers header wagon
• (2) Flatbed hay wagons
• Ag Chem 1000 gal. water tank w/ pump
• J&D lawn tractor
• Post hole driver
• field crumbler
• Land All till all field cultivator
• Land leveler
• Track eliminator
• Blue equipment truck w/ stake bed
• Leley power harrow (parts only)

Interior Inspections: Sunday September 25 (12 Noon – 1PM) or day of auction beginning at 10:00AM

Purchaser Deposit: The purchaser(s) will be required to deposit 10% of the purchase amount as a down payment by personal or corporate check and sign a Contract to Purchase immediately after being declared the high bidder. The purchaser(s) shall also sign the provided personal demand note for the amount of the purchase price to secure the contact to purchase.

Taxes and deed: Real Estate taxes will be pro-rated to the date of closing. Property is selling free and clear with insurable title and General Warranty Deed.

Terms: The property is being sold in “as is, where is, with all faults condition”. PURCHASER WILL BE RELYING ONLY ON THEIR OWN INSPECTION OF THE PROPERTY

Closings/Possession: The closing must take place on or before October 28, 2016. The real estate is selling free and clear of any and all liens. Buyer shall receive insurable title and can purchase title insurance if desired. Possession will be given to the purchaser at closing.

Buyer’s Premium: A ten percent buyer’s premium will be added to the high bid amount(s) to determine the final contract selling prices(s) to be paid by the buyer.

CAUV Program: The property is under a CAUV program, which becomes either the purchaser’s responsibility to maintain or pay the required back recoupment.

Agency: Semple International, Inc. is acting exclusively as agent for the seller.

Buyer Broker/Agent Co-Op Commission: A 2% buyer broker/agent commission is offered to active licensed Ohio real estate brokers/agents. Brokers/Agents must register their client with auction firm on auction firm approved forms, no later than 12:00 Noon on Tuesday, September 27, 2016 to be eligible for a commission.

BROKER / AGENT PARTICIPATION FORMS

Machinery & Equipment: The machinery & equipment begins selling at 11:00AM and will be suspended for the time necessary to sell the real estate.

Inspection: Machinery & Equipment inspection begins at 10:00AM on day of auction.

Payment: All purchases must be paid in full on day of auction and within 30 minutes of auction conclusion. We accept cash, personal/ business/company checks, and MasterCard/Visa/American Express/Discover (with 3% handling fee) as acceptable forms of payment.

Buyer Premium: A fifteen percent buyer’s premium will be added to the high bid amount(s) to determine the final purchase price(s) to be paid by the buyer.

Note: Information contained in this brochure and the Property Information Packet was obtained by sources deemed reliable. However, neither Semple International, Inc. nor their agents will be responsible for any errors or omissions in information provided by same. Property is subject to addition, deletion, and prior sale.

Brent Semple, Auctioneer

For directions to the auction location please see the map quest link below.