Total Acres 785.78

Tracts 8

Type of Sale Auction

Farm Name Henry (Bruce, Nial and David)

Status closed

HLS Number RDM - 12403

Key Features High Percentage Quality Farmland

Location Union Township, Clinton County, OH
Wilson Township, Clinton County, OH


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Farm Name Henry (Bruce, Nial and David)

Type of Operation Farm

Current Zoning AgricultureResidentialTransitionDistrictA3

School System Tracts 1-5 and 8: Wilmington Local Schools Tract 6 and 7: East Clinton Schools

Annual Taxes $2,750.73 Tract 1 $2,288.76 Tract 2 $1,981.59 Tract 3 $6,563.16 Tract 4 $4,100.95 Tract 5 $7,260.00 Tract 6 $ 741.77 Tract 7 $5,919.35 Tract 8 , Less House, Garage and Two Barns $31,606.31, Total (Less House, Garage and Two Barns)

Topography Level - Level To Gently Rolling

Building Description Tract 4: 30’ x 32’ Shed with 12’ Overhead Door, 54’ x 80’ Morton Pole Shed (14’ Eave Height), 32’ x 64’ Pole Shed (Open to South) and 26’ x 90’ Six Bay Morton Shed Tract 5: Wet Tank, 18’ Diameter, 5 Rings, 2,500 Bushel, Two Grain Bins, 18,500 Bushel Capacity Each, 7.5 Rings (37,000 Total Bushels), Plus Farm Fans AB-270 Grain Dryer Tract 8: Four Grain Bins, 5,000, 7,500, 7,500 and 10,500 Bushel Capacity (30,500 Bushel Total Capacity), 40' x 80' Block Building, 2,500 Bushel Wet Tank, 12’ x 60’ Old Ear Crib, 28’ x 40’ Block Barn, 768 SF Tenant House with 2 Bedrooms, 1 Bath, 1 Car Detached Garage, 26’ x 75’ Pole Building, Back lane at 2829 Melvin Road

Property Address 5751 Prairie Road, Wilmington, OH 45177

Region OH

General Location 5 Miles NE of Wilmington, Ohio in North-Central Clinton County, Ohio

Legal Description 11 Tax Parcels, Any needing to be surveyed are underway to complete for transfer. This farm to be offered in 8 tracts.

Start Auction Date November 19, 2019

Start Auction Time 6:30 PM ET

Auction Location Elks Lodge: 2541 Rombach Ave, Wilmington, OH 45177

Date November 01, 2019

Time 2:30 PM ET - 5:00 PM ET

Tillable Acres 714.100

Non-Tillable Acres 31.500

Wooded Acres 4.000

Home Acres 1.500

Other Acres 27.381

Terms & Conditions METHOD OF SALE: Halderman Real Estate Services, Inc. (HRES, OH Auct. Lic. #2001014575) will offer this property at public auction on November 19, 2019. At 6:30 PM, 785.78 acres, more or less, will be sold at the Elks Lodge, 2541 Rombach Ave, Wilmington, OH. 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 Jim Hanna at 937-725-2908 or Robert McNamara at 614-309-6551 at least two days prior to the sale. ACREAGE: The acreages listed in this brochure are estimates taken from the county assessor’s records, FSA records and/or aerial photos. SURVEY: The Sellers will complete new surveys on all of these tracts. The cost of the new surveys 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. Once the surveys are 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 2019 farm income. 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. 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. DEED: The Sellers will provide Trustees and/or Fiduciary Deeds at closing. EVIDENCE OF TITLE: The Sellers will provide a preliminary title report. If any buyer elects to purchase title insurance or Lender's Policy, the cost thereof shall be at buyer's sole expense. 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 before December 23, 2019. The Sellers have the choice to extend this date if necessary. POSSESSION: Possession of land will be at closing, subject to the tenant’s rights to the 2019 crops. Grain Bins and Machinery Shed possession will be March 1, 2020. REAL ESTATE TAXES: The Sellers will pay real estate taxes for 2019 due 2020. Buyer will be given a credit at closing for the 2019 real estate taxes due 2020 and will pay all taxes beginning with the spring 2020 installment and all taxes thereafter. Any CAUV recoupment shall be Purchaser’s responsibility. 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 or the Sellers. AGENCY: Halderman Real Estate Services Inc., Russell D. Harmeyer, Auctioneer, and their representatives, are exclusive agents of the Sellers. 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. All sketches and dimensions in this brochure are approximate. ANNOUNCEMENTS MADE BY HRES 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. 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, Sellers 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 Sellers or HRES be liable for any consequential damages. Conduction of the auction and increments of bidding are at the direction and discretion of HRES and/or the auctioneer. The Sellers 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.