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SOLD

LAND AUCTION - 71+/- ACRES IN 2 TRACTS IN WILLIAMS COUNTY, OHIO

Williams County, Ohio

Owner: Westwatch Holding, LLC Mon, May 7, 2018

SOLD FOR $325,000

• 71+/- Acres offered in 2 Tracts • Tillable Farmland • Online Bidding Available


OPEN HOUSE/INSPECTION DATES

April 23rd from 3-5pm
May 7th from 2-4pm

Meet a Schrader Rep. at Tract 1

PROPERTY LOCATION

Edon Community Building - 320 Parkway St., Edon, OH 43518 - Starting at Edon, Ohio, from the junction of 34 and 49, go north 1/4 mile to Parkway St., then go left (or west) to sale site.

AUCTION LOCATION

Starting at Edon, Ohio, from the junction of 34 and 49, go north 1/4 mile to Parkway St., then go left (or west) to sale site.

TRACT DESCRIPTIONS

Tract 1: 31± ac of productive farmland, with one outbuilding (approx. 48 ft. by 32 ft.) with a concrete floor and upper loft area. Also has access and road frontage on SR 49.

Tract 2: 40± ac of productive farmland with good drainage to open ditch. This tract also has good frontage on County Road 2-L and access to SR 49.

TRACT MAP(S)

SOIL INFORMATION

AREA MAP(S)

PROCEDURE: The property will be offered in 14 tracts and in combination. There will be open bidding on all tracts and the combination of tracts during the auction as determined by the Auctioneer.

DOWN PAYMENT: 10% down payment on the day of auction with the balance in cash at closing. 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.

ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auctions site immediately following the close of the auction. Sale is subject to the Sellers approval.

DEED: Seller shall provide a Warranty Deed.

CLOSING: The balance of the purchase price is due at closing, which will take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.

POSSESSION: Possession will be delivered at closing. However, immediate access is available prior to closing for spring farming activities (including planting the 2018 crop), subject to Buyers execution of a Pre-Closing Access Agreement.

REAL ESTATE TAXES: Seller to pay the 2017 taxes due and payable in 2018.

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

SURVEY: The Seller shall provide a new survey where there is no existing legal description or where the tract divisions in this auction create new boundaries. Solely the Seller shall determine any need for a new survey. Seller and successful bidder shall each pay half (50:50) of the cost of the survey. The type of survey performed shall be at the Sellers option and sufficient for providing title insurance.

AGENCY: Schrader Real Estate & Auction Co. Inc. 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 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. Each potential bidder is responsible for conduct of his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure is subject to verifications by all parties relying on it. The Seller or the Auction Company assumes no liability for its accuracy, errors, or omissions. Conduct of the auction and increments of bidding are at the 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.

OWNERS: Westwatch Holding, LLC

Auction Brochure

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