SOLD

OHIO LAND AUCTION - 154+/- ACRES IN RICHLAND COUNTY

Plymouth, Ohio, Richland Co.

Owner: Order of Andy & Sally Daron Thu, Dec 10, 2015 EASTERN

AUCTION IS OVER

TOTAL SOLD: $1,697,850

Tract(s): 1 @ $1,697,850 ($11,025/acre)

• 154+/- Acres • 110 Tillable Acres • Home • Outbuildings • Pond • 5 Greenhouses • Floral Business • NOTE: Andy and Sally have decided its time to slow down and will be selling the farm and business. If you are in the market for a quality farm and successful business be sure to put this offering at the top of your list. Additional details are available at www.RES.bid and www.schraderauction.com.


OPEN HOUSE/INSPECTION DATES

The home and outbuildings will be open for inspection on Monday, November 23 from 4:00-5:30PM. Private showings are available through the Auction Companies 419-651-2152. You may pick up a flier at the info box on the property & walk the land at your leisure.

PROPERTY LOCATION

7386 Plymouth Springmill Road, Plymouth, Ohio.
From Plymouth take Plymouth Springmill Road south or from Shelby take St Rte 61 North to east on Dinninger Road then north on Plymouth Springmill. Watch for signs.

AUCTION LOCATION

Held Onsite

PROPERTY DESCRIPTION

Situated in northwest Richland County, the Daron property offers the great combination of a beautiful working farm and an existing successful business. The farm has a total of 154 acres of which approximately 110 acres are open and productive tillable land. The balance of the land is wooded. The home on the property offers an oak eat in kitchen, family room, bedroom, full bath, mudroom with laundry, and an office on the first floor. The second floor offers 2 additional bedrooms and a bonus room. There are several outbuildings on the property including a bank barn, a good 60 ft.x80 ft. machinery shed, 30 ft.x84 ft. open front building once used to feed cattle, a 2 car detached garage, and 5 greenhouses with a store front.

For many years the Darons have operated a successful fresh cut and floral business from this location. The greenhouses sell intact and the storefront comes with a walk in cooler, equipment, an existing customer base, and high traffic visibility. There are 2 wells and a good pond on the property offering an abundance of water that is sustainable for household, greenhouse, and livestock use.

As good stewards of their land, the Darons enrolled this farm in the Western Reserve Land Conservancy to preserve their agricultural legacy. Guidelines and restrictions of the program are available by request.


AREA MAP

TRACT MAP(S)

SOIL INFORMATION

AREA MAP(S)

PROCEDURE: The property will be offered as a total 154+/- acre unit.

DOWN PAYMENT: 10% down payment on the day of auction. The down payment may be made in the form of cashiers 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.

BUYERS PREMIUM: The contract purchase price will include a Buyers Premium equal to 5% of the bid amount.

ACCEPTANCE OF BID PRICE: The successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction. The final bid price is subject to the Sellers acceptance or rejection.

EVIDENCE OF TITLE: Seller shall provide an owners title insurance policy in the amount of the purchase price.

DEED: Seller shall provide Warranty Deed.

CLOSING: The balance of the purchase price is due at closing, which will take place within 45 days of the auction. Costs for an insured closing shall be shared 50:50 between Buyer and Seller.

POSSESSION: Possession of the bare land will be at closing. Possession of the home and buildings will be 60 days after closing.

REAL ESTATE TAXES: Real estate taxes will be prorated to the date of closing.

PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates has been scheduled and will be staffed with auction personnel. Further, Seller disclaims any and all responsibility for Bidders safety during any physical inspection of the property. No party shall be deemed an invitee of the property by virtue of the offering of the property for sale.

ACREAGE: All acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal description and/or aerial photos.

SURVEY: Seller does not anticipate the need for a new survey. Any need for a new survey shall be determined solely by the Seller. Seller and successful bidder shall each pay half (50:50) of the cost of the survey, if needed. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance.

AGENCY: Schrader Real Estate & Auction Company, Inc., Real Estate Showcase and its representatives are exclusive agents of the Seller.

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 expressed 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. Conduct of the auction and increments of bidding are at the direction and 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 persons credentials, fitness, etc. All decisions of the Auctioneer are final.

ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.