Total Acres 80.00

Tracts 1

Type of Sale Auction

Farm Name Alexander, Stewart & Lynn

Status closed

HLS Number JEH - 12311

Key Features All Tiled - Certified Organic

Location Union Township, Clinton County, OH
Liberty Township, Clinton County, OH


View Map

Farm Name Alexander, Stewart & Lynn

Type of Operation Farm - Timber

Current Zoning AgricultureResidentialTransitionDistrictA3

School System Wilmington LSD

Annual Taxes $3,709.45 / 2018 RE Taxes paid at closing to County Treasurer

Topography Gently Rolling - Level To Gently Rolling - Rolling

Property Address 2398 Gurneyville Road, Wilmington, OH 45177

Region OH

General Location 6 miles NW of Wilmington

Legal Description 80 +/- Acres, Subject to New Survey (Fronting on Gurneyville Road and W. Mt. Pleasant Road) in Union and Liberty Townships, Clinton County, Ohio

Start Auction Date March 21, 2019

Start Auction Time 4:00 PM ET

Auction Location : Sealed Bid

Tillable Acres 70.000

Wooded Acres 6.000

CRP Acres 2.500

Other Acres 1.500

Terms & Conditions METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, OH Auct. Lic. #2001014575) will offer this property by sealed bid auction on March 21, 2019. Bids must be received no later than 4:00 PM EST that day. Each bid shall constitute an offer to purchase and the final bid, if accepted by the Seller, shall constitute a binding contract between the Buyer(s) and the Seller. The auctioneer will settle any disputes as to bids and their decision will be final. BID FORMAT: All bids must be received by Jim Hanna and/or Robert McNamara of Halderman Real Estate at PO Box 865 or 160 W Locust St, Wilmington, OH 45177 by 4:00 p.m. on March 21, 2019. Bids may be personally submitted or emailed to jimh@halderman.com or robertm@halderman.com. All bids must be received by 4:00 PM EST on March 21, 2019. ACREAGE: The acreages listed in this brochure are estimates taken from aerial photos and mapping software. SURVEY: The Sellers will have a new survey completed, the cost of which will be paid by the Sellers. 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. When a survey is completed, the purchase price for the surveyed tract will be adjusted, up or down, to the exact surveyed acres. The bid price per acre will be then times the final surveyed acreage to conclude with a total dollar purchase price. An estimate of 80 acres is for the brochure and mapping purposes. DOWN PAYMENT: 10% of the bid down upon acceptance of the bid with the balance due at closing. The down payment must be in the form of personal check, cashier’s check, corporate check or wire. YOUR BIDDING IS NOT CONTINGENT UPON FINANCING. BE SURE YOU HAVE FINANCING ARRANGED, IF NECESSARY, AND ARE CAPABLE OF PAYING CASH AT CLOSING. APPROVAL OF BIDS: The Sellers reserve the right to accept or reject any and all bids, including the rights to sell this acreage prior to March 21, 2019. All persons submitting a sealed bid must be at least 18 years of age or older and have full authority to bid on the property either solely or as a representative of the bidding entity. In the event of a tie bid, the Broker shall notify tied bidders and ask them to submit a final offer to break the tie bid. The successful bidder(s) will enter into a purchase agreement immediately upon acceptance of their sealed bid. DEED: The Seller will provide a General Warranty Deed and/or the appropriate Deed(s) to transfer clear title at closing. EVIDENCE OF TITLE: The Seller will provide a preliminary title report. Each Buyer is responsible for a Title Policy or 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: The closing shall be on or about April 25, 2019. However, the Seller has the choice to extend this date if necessary. POSSESSION: Possession of land will be at closing. REAL ESTATE TAXES: No CAUV tax recoupment is planned or factored into this closing. The buyers accept the property’s CAUV status, “as is”. Buyers plan to continue here as agricultural use. Sellers will pay the 2018 taxes due in 2019. Buyers are responsible for any real estate taxes thereafter, 2019 and forward. MINERAL RIGHTS: All mineral rights owned by the Seller 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, Seller disclaims 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 or the Seller. AGENCY: Halderman Real Estate Services and their representatives, are exclusive agents of the Seller. 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 Seller or HRES. All sketches and dimensions in this brochure are approximate. 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 HRES. Each prospective bidder is responsible for conducting his/her independent inspections, investigations, inquiries and due diligence concerning the property. 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, Seller and HRES 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 Seller or HRES be liable for any consequential damages. The Seller and HRES 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 and/or the auctioneer are final. The Terms and Conditions and provisions herein are subject to change at the sole discretion of the Broker and Seller at any time without notice. Please check our website for any updates to Terms and Conditions or check with Jim Hanna and/or Robert McNamara prior to submitting your bid.