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OHIO LAND AUCTION - 126.5+/- ACRES IN 1 TRACT IN PREBLE COUNTY, OHIO

Camden, Ohio - Preble County, Ohio

Owner: Paul W. Proeschel Estate. James Proeschel and Paula Murray Co-Executors. Wed, Jan 9, 11:00 AM

• 126.5+/- Acres in 1 Tract • 107+/- FSA Tillable Acres • Quality Soils in Top Agricultural Area • Great Location - Between Camden & Gratis, Ohio • Creek for Improved Drainage and Recreation • 6+/- Acres of Mature Woods • Great opportunity for the Investor or Farmer! • Come examine the possibilities this farm has to offer! • Contact Agent for a Detailed Information Book! • 20 miles to Dayton, Ohio • 35 miles to Cincinnati, Ohio • 9 miles to Eaton, Ohio


OPEN HOUSE/INSPECTION DATES


Wednesday, December 12 from 9-10 AM
Wednesday, January 2 from 9-10 AM

PROPERTY LOCATION

From CAMDEN, OH at the intersection of US 127 and OH SR 725, travel east 6 miles on SR 725 to Quaker Trace Rd. Turn south (right) on Quaker Trace and travel 1/4 mile to the new Culvert. Property will be on your right. From EATON, OH travel south on SR 122 5 miles to Quaker Trace Rd., then south (right) 4 miles to the Farm.

AUCTION LOCATION

The Gathering Place at 501 Nation Ave. Eaton, Ohio. From the Intersection of US 127 and US 35, travel east on US 35 3/4 mile to Nation Ave. Turn south (right) and travel 6 blocks to the auction site.

TRACT DESCRIPTIONS

Tract 1: 126.5± ac PREBLE County, GRATIS Township (Section 7)
Located on QUAKER TRACE Rd. 1/4 mile south of OH SR 725. 126.503 newly surveyed Acres with 107+/- tillable acres. Features quality Crosby, Celina and Miamian soils. The land is farmed as (2) fields with a nice stream for your own drainage outlet. This is great mix of tillable and recreational land with a 6+/- acre woods located in the southwest corner of the property. A new culvert pipe / gravel entrance was just completed off of Quaker Trace Road. Come examine all the possibilities this property has to offer.

TRACT MAP(S)

SOIL INFORMATION

AREA MAP(S)

PROCEDURES: The property will be offered as a complete 126.503+/- acre Newly Surveyed unit. There will be open bidding during the auction as determined by the Auctioneer.

DOWN PAYMENT: 10% 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). At closing, the Seller will provide a Title insurance policy in the amount of the purchase price. The title insurance policy will be provided by the Seller and written through Chicago Title. 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 the targeted closing date approximately 30 days after the auction.

POSSESSION: Possession will be delivered at closing subject to 2018 lease and crop removal.

REAL ESTATE TAXES / ASSESSMENTS: Taxes will be pro-rated to the date of closing. The property is currently enrolled in the CAUV program.

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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