PROCEDURE: The property will be offered in 3 individual tracts, any combination of tracts, and as a total 231.3± acre unit. There will be open bidding on the tracts and the entire property during the auction as determined by the auctioneer. Bids on individual tracts, tract combinations, and the total property may compete. This auction will be conducted using the Multi-parcel Auction Method. The definition of the “Multi-parcel Auction” means any auction of real or personal property in which multiple parcels or lots are offered for sale in various amalgamations, including as individual parcels or lots, combinations of parcels or lots, and all parcels or lots as a whole. DOWN PAYMENT: A 10% down payment is required on the day of the auction. 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: The successful bidder(s) will sign a Purchase Agreement at the conclusion of the auction. All final bid prices are subject to Seller’s acceptance or rejection. EVIDENCE OF TITLE: The Seller will provide a preliminary title opinion, certificate, or report to be made available to prospective bidders for review prior to bidding. If any Buyer elects to purchase title insurance, the cost thereof will be at such Buyer’s sole expense. Seller will convey title free and clear of liens, but otherwise subject to all easements and matters of record. All tracts sold “AS IS”. DEED: Appropriate deed will be delivered at closing. CLOSING: Closing will take place 45-60 days after auction date, or as soon thereafter as Seller’s applicable closing documents are completed. POSSESSION: Possession at closing. Immediate possession will be available FOR FARMING PURPOSES if an ADDITIONAL 10% down payment is made at the close of the auction (20% total down payment). Exception: Seller will retain possession of the home and outbuildings on Tract 2 until on or before September 1, 2021. REAL ESTATE TAXES: Buyer will pay the 2021 real estate taxes due and payable in 2022 and thereafter. TRACT MAPS; ACRES: Tract maps, depicted boundaries, and stated acres are approximates based on county parcel data, current legal descriptions, and/or aerial mapping software and are not provided survey products. SURVEY: New surveys will be prepared where there is no existing legal description or where new boundaries are created by the tract division in this auction. Combination purchases will only receive a perimeter survey. The type of survey provided will be at the Seller’s option. Survey costs will be shared equally between Buyer and Seller. EASEMENTS: Sale of the property is subject to any and all easements of record. MINERAL RIGHTS: The sale will include 100% of the mineral rights (if any) owned by the Seller. AGENCY: The Wendt Group, Inc. and its representatives are exclusively the agents of the Seller. AUCTION CONDUCT: Conduct of the auction and increments of bidding are at the sole discretion of the Auctioneer. The Seller and Selling Agents 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 the Auctioneer are final. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. 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 Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. 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 subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. ANY ANNOUNCEMENTS MADE THE DAY OF THE AUCTION TAKE PRECEDENCE OVER PRINTED MATERIAL.

 

AUCTION LOCATION: New Vienna United Methodist Church, 11576 St. Rte. 28, New Vienna, Ohio. The church is located on St. Rte. 28 just ½ mile west of the intersection of St. Rte. 73 and St. Rte. 28 in New Vienna.
PROPERTY LOCATION: 5955 St. Rte. 28, New Vienna, Ohio. The farm is located on the north side of St. Rte. 28 just 1 mile east of the New Vienna Elementary School (on the Clinton-Highland county line).

Auctioneer’s Note: Wayne and Sandy are retiring from their farming operation. This provides the opportunity to bid on this large tract of land in the manner which best suits your needs.
231.3±Acres with 205± tillable acres as per FSA. The predominate soil types include Miamian silt loam, Miamian-Russell silt loam, and Xenia silt loam. Clinton County, Green Township • Highland County, Penn & Fairfield Townships • East Clinton Local School District

 

 

Tract 1: 78.2± acres – mostly tillable income-producing cropland. Includes 1.5± acres of CRP.

 

Tract 2: 50.8± acres – income-producing tillable land, home, grain storage, and outbuildings ideal for livestock projects.
The 1,320 sq. ft. ranch home with 2 bedrooms, 2 full baths, and a full basement features several modern updates and ample storage space. This clean, comfortable home offers a great floorplan. Amenities include hardwood floors, bath with quarter-moon shower/tub, updated kitchen cabinets and countertops, newer windows and metal roof, 4” well, central air, and natural gas furnace. The attached 22’x23’ garage has overhead doors with an opener.

Room Dimensions:
Kitchen: 10’x14’
Dining Room: 9’x11’
Living Room: 14’x25’
Bedroom 1: 12’x15’
Bedroom 2: 11’x13’
Laundry Room: 6’x11’
Mud Room: 7’x14’
Attached Garage: 22’x23’

This tract also includes 3 outbuildings and grain storage.

· 30’x92’ 3-sided building
· 27’x76’ 3-sided building with partial concrete floor and 12’x20’ lean to
· 14’x62’ building with concrete floor and 22’x60’
    finishing floor
· (3) grain bins with drying floors and fans. Approximately
    12,000-bushel capacity.

This tract would be ideal either as an owner-occupied primary residence or as an income-producing rental property.

Tract 3: 102.3± acres – tillable and recreational land with 1.5± acres of CRP. Potential building site. Wooded land provides ideal cover for wildlife.