AUCTION IS OVER

TOTAL SOLD: $205,700

Tract(s): 1+3	@ $80,300	($1,769/acre)
Tract(s): 4+5	@ $46,200	($2,642/acre)
Tract(s): 6	@ $79,200	($3,054/acre)

• 86 +/- Acres Land Auction • 2 Homes • Private Rural Setting • Wooded - Recreational, Hunting, Timber Land • Pasture Land • Gorgeous Views • Gas & Oil Rights

OPEN HOUSE/INSPECTION DATES

Tuesday, July 23, 5-7PM & Monday, August 12, 5-7PM

PROPERTY LOCATION

2338 West Center Road Linesville, Pennsylvania 16424
Directions: From Linesville, travel on US 6 W. for 4.2 miles. At Beaver Center Road, turn north and travel northeast for 1.8 miles. Turn west on West Center Rd./SR 4004 and travel .3 mile to property on both sides of the road.

AUCTION LOCATION

Held Onsite

TRACT DESCRIPTIONS

Tract 1: 31± ac of mostly wooded land. This tract offers a combination of hardwood trees, a pond, and some open land with frontage along W. Center Rd. Investigate the income potential, hunting, and recreational value of this land.

Tract 2: 11.5± ac with much to offer! This tract includes a 5-bedroom home on a full walk-out basement and several outbuildings. The spacious home features a large eat-in kitchen with oak cabinets; a summer kitchen finished with tongue-and-groove walls; 6-panel doors and vinyl windows throughout; lots of storage space; and a wrap-around porch. The outbuildings would be great for livestock, storage, or a business at home.
60 ft. x 54 ft. workshop with concrete floor, end sliders, and a 40 ft. x 19 ft. lean-to
40 ft. x 26 ft. workshop with concrete floor and a 40 ft. x 10 ft. lean-to
40 ft. x 28 ft. 9-stall barn with concrete floor, overhead hay storage, end sliders and a 40 ft. x 19 ft. lean-to
Well house

Tract 3: 24.5± ac (Swing Tract) with pasture and wooded land. The brook provides water for livestock. This tract must be bid in combination with Tract 1, Tract 2, or by an adjoining neighbor.

Tract 4: 10± ac of pasture land with a 5-bedroom home and outbuildings. The home has a full walk-out basement, vinyl windows throughout, large rooms, and a 30 ft. x 8 ft. back porch with a ramp. The home is still in need of some finish work. The outbuildings include a 52 ft. x 32 ft. barn with tie-stalls and overhead hay storage and a 20 ft. x 18 ft. well house with a concrete floor. The pasture is partially wooded and has a brook. This property is ideal for livestock.

Tract 5: 9± ac (Swing Tract) of wooded pasture land. This tract must be bid in combination with Tract 4 or by an adjoining neighbor.

Tract 6: 25.1± ac of tillable, pasture, and wooded land. This tract features Venango silt loam and Frenchtown silt loam as the predominant soil types. There is a 780 sq. ft. home, a 12 ft. x 65 ft. mobile home, a 12 ft. x 16 ft. well house, and a 24 ft. x 48 ft. pole barn with a 12 ft. x 48 ft. lean-to.

AREA MAP

TRACT MAP(S)

SOIL INFORMATION

AREA MAP(S)

PROCEDURE: The property will be offered in 5 individual tracts, any combination of tracts and as a total 86+/- acre unit. There will be open bidding on all tracts (with swing tract limitations) and combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete.

DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. 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: A Buyers Premium of 10% shall be added to the winning bids and paid by the Buyer(s) as part of the Total Contract Purchase Price.

ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into Purchase Agreements 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 shall provide a preliminary opinion of title to be made available to prospective bidders for review prior to bidding. If any buyer elects to purchase title insurance, the cost thereof shall be at such buyers sole expense. Seller agrees to provide merchantable title to the property subject to matters of record, general conditions of title, and similar or related matters. All tracts sold AS IS.

DEED: A Warranty deed will be delivered at closing.

CLOSING: Closing shall take place 30 days after auction date, or as soon thereafter as applicable closing documents are completed.

POSSESSION: Possession of the property shall be given the day of closing.

REAL ESTATE TAXES: Shall be prorated to the day of closing.

ACREAGE: All boundaries are approximate and have been estimated base 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. Buyer(s) and Seller shall share survey expense 50:50.

OIL & GAS LEASE/MINERAL RIGHTS: The sale shall include the mineral rights and oil and gas leases owned by the Seller.

AGENCY: Schrader Real Estate & 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 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

Auction Brochure

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86 +/- Acres of Northwest Pennsylvania Land offered in 6 Tracts