SOLD

REAL ESTATE AUCTION - 20+/- ACRES OFFERED IN 1 TRACT IN PREBLE COUNTY, OHIO

New Paris, Ohio - Preble County - Jefferson Twp.

Owner: Earl R Flora, Jr. and Sandra Flora Fri, Nov 9, 2018 EASTERN

AUCTION IS OVER

TOTAL SOLD: $75,000

Tract(s): 1 @ $75,000 ($3,750/acre)

• 20+/- Acres offered in 1 Tract • 3 Bedroom Country Home • Rolling Pasture and Mature Woodland • Great for the Hunter or Outdoor Recreation • National Trail School System • Frontage on Morrison - Mikesell and Whitewater - Eldorado Roads • 6 Miles NE of New Paris, OH • 7 Miles NE or Richmond, IN • Online Bidding Available


OPEN HOUSE/INSPECTION DATES

Friday, October 26 from 10 AM - 11 AM
Friday, November 2 from 10 AM - 11 AM

PROPERTY LOCATION

11367 Morrison Mikesell Road, NEW PARIS, OH 45347. From the middle of New Paris: travel north on OH SR 121 for 4 miles to Whitewater Eldorado Road, then turn right and travel 1/2 mile to the property starting on your right.

AUCTION LOCATION

Held On Site

TRACT DESCRIPTIONS

Tract 1: 20± ac PROPERTY DESCRIPTION:

  • This property features 20.036 total acres with 14+/- acres of woods and 4+/- acres of pasture. This is a great opportunity to have a place in the country.
  • The house is vinyl sided with mostly vinyl windows. It features 3BR, 1BA, living room, den, loft and a large open-concept kitchen and dining room area. 1,600+/- sf of living space.
  • There is an attached 2.5 car garage with (2) overhead doors with automatic openers.
  • The house features a gas forced air furnace with central air. The water heater is gas and there is an owned water softener.
  • Additional buildings include an older framed livestock barn and 1-car garage with overhead door
  • Current Taxes: $1,942.14 per year

    • TRACT MAP(S)

    SOIL INFORMATION

    AREA MAP(S)

    PROCEDURES: The property will be offered in 1 individual tract. There will be open bidding during the auction as determined by the Auctioneer.

    DOWN PAYMENT: $5,000.00 down payment on the day of the auction with the balance in cash at closing. The down payment may be made in the form of cash, 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: Successful bidder(s) will be required to enter into a purchase agreement at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.

    EVIDENCE OF TITLE: The Seller will provide a Preliminary Title Opinion for the review of the prospective buyer(s). If Buyer(s) elect to have title insurance, the entire cost of the owners title insurance will be the responsibility of the Buyer(s). Seller agrees to provide merchantable title to the property subject to matters of record. All tracts sold As-Is.

    DEED: Seller(s) shall provide a Warranty Deed(s).

    CLOSING: The balance of the real estate purchase price is due at closing, with a targeted closing date will be approximately 30 days after the auction.

    POSSESSION: Possession will be delivered at closing.

    REAL ESTATE TAXES / ASSESSMENTS: Taxes will be pro-rated to the date of closing.

    ACREAGE: All boundaries are approximate and have been estimated based on current legal descriptions.

    SURVEY: A new survey will be made where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. 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. The type of survey performed shall be at the Sellers option and sufficient for title transfer.

    EASEMENTS & LEASES: Sale of the property is subject to any and all easements of record.

    MINERAL RIGHTS: The sale shall include 100% of the mineral rights owned by the Seller.

    AGENCY: Schrader Real Estate and Auction Company, 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 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 Sellers or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Sellers and Selling Agents reserve the right to preclude any person from bidding if there is any question as 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. AUCTION COMPANY OR OWNER NOT RESPONSIBLE FOR ACCIDENTS.

    Auction Brochure

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