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*** Accepted Offer. Auction Cancelled ***
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943+/- Acres in 6 Farms and 11 Tracts
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Double - 30 Parlor
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2,000 Head Capacity Dairy
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1,825+/- Free Stalls
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Productive tillable Land
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All 6 farms with a 6+/- mile radius
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20+/- Miles Southeast of Fort Wayne, Indiana
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Owners will entertain non-contingent offers on the dairy, cattle & equipment as a total package until Monday, August 8th.
*** Accepted Offer. Auction Cancelled *** - COMPLETE DAIRY DISPERSAL AUCTION - 934+/- ACRES IN 11 TRACTS IN PAULDING & VAN WERT COUNTIES, OHIO
Convoy, Ohio - Paulding & Van Wert Counties, Ohio
Owner: Blue Stream Dairy et al Equipment & Personal Property at 10:00 AM EASTERNReal Estate Wed, Sep 7, 2016 EASTERN
AUCTION IS OVER
Blue Stream Dairy Info Booklet
OPEN HOUSE/INSPECTION DATES
Friday, July 29th from 9 am - 12 noon
Thursday, August 11th from 9 am - 12 noon
Thursday, September 1st from 9 am - 12 noon
Meet a Schrader representative at the property
PROPERTY LOCATION
TRACTS 1-4: Tully Township, Van Wert County, Sections 9, 16 & 17. From Van Wert, OH take US 30 northwest 8 miles to Lare Rd. Turn south to 1/4 mile to Feasby Wisener Rd. (Tract 4 is the right side of the road). Continue west 1/2 mile to Mentzer Church Rd. Turn left (south) to find Tracts 1-3.
TRACT 5: Located in Sec 34, Harrison Twp, Paulding Co. This tract lies just northwest of the village of Payne, OH. From the intersection of US 30 and OH SR 49, travel north 9 miles on SR 4 through Payne. Farm lies in the southwest corner of the intersection of OH SR 49 and County Road 94.
TRACT 6 & 7: Located in Sec 6, Blue Creek Twp, Paulding County, OH. From the intersection of US 30 and OH SR 49, travel north 7 miles to CR 72. Turn east (right) and travel 2.5 miles to CR 71. Then north 1/2 mile to the farm. The farm lies in the southwest corner of the intersection of CR 82 and CR 71.
TRACTS 8-10: Located in Sec 17 and Sec 20, Paulding Twp, Paulding Co, OH. From Pauling and the intersection of US 127 and SR 111, travel west 2.5 miles to CR 87. Then south 1 mile to CR 124. Turn west (right) on CR 124 and travel 1 mile to the farm on both sides of the road.
TRACT 11: Located in Sec 16, Paulding Twp, Paulding Co., OH. From Paulding and the intersection of US 127 and SR 111, travel west 2.5 miles to CR 87. Then south 1/2 mile. The farm lies on the west side of the road.
AUCTION LOCATION
Real Estate Held at The VAN WERT COUNTY Fairgrounds located at 1055 S. Washington St. (US 127) Van Wert, OH 45891.
Cattle & Equipment Held On Site at 3242 Mentzer Church Road, Convoy, OH 45832
PROPERTY DESCRIPTION
This offering provides a rare investment opportunity including an operating dairy with permitted 2,000 head capacity, equipment and closed herd. There are 4 free-stall barns with approximately 1,825 free-stalls, the newest built in 2013. Newly updated in 2013 double-30 parlor. A 6,000+/- sq. ft. commodity storage building with shop. Sand reclaiming manure management system. Herd includes 1,000+/- excellent producing cows (average approximately 90 pounds/day) plus 1,000+/- replacement heifers. Several homes are also available near the dairy.
TRACT DESCRIPTIONS
Tract 1:
119± ac
Located in Sections 9, 16, & 17 of Tully Township, Van Wert County, OH
TRACT 1: 119+/- ACRES WITH MODERN DAIRY FACILITY
Features include:
- Double-30 parlor newly improved in 2013
- (4) free-stall barns offering 1,825 stalls
- 6,000 sf commodity barn
- Sand reclaiming manure system and multiple lagoons
The tract is located at 3242 Mentzer-Church Rd., Convoy, Ohio and has additional 3,950 ft.+/- frontage on Feasby Wisener Rd.
Tract 2:
2.9± ac
with home, buildings and pond. Located next to the dairy at 3328 Mentzer-Church Rd.
Tract 3:
1.4± ac
with single story home. Located next to the dairy at 3471 Mentzer-Church Rd.
Tract 4:
143± ac
early all tillable consisting of productive Hoytville soils. This tract lies south of SR 30 with 1150’± of owned frontage on Lare Rd. and 2,300’± of combined owned frontage on Feasby Wisener Rd. Nice size field for ease of farming operation. This Tract has a center pivot irrigation system that is pumping from Tract 1. Quality soils here. Annual Taxes (2016): $5,617.20. Located in Sec 9, Tully Twp, Van Wert Co.
Tract 5:
179± ac
nearly all tillable consisting of quality Hoytsville soil. 3,950 ft. +/- of frontage on CR 94. Excellent drainage w/an open ditch through the middle of this nearly level field. Investment quality. Annual Taxes (2016): $6,037.10. Located in Sec 34, Harrison Twp, Paulding Co.
Tract 6:
122± ac
with 121± tillable acres. High quality, level cropland. 1,300 ft. +/- Frontage on CR 71. Nearly 100% Hoytville soils. There is a permitted manure lagoon on this property with an established driveway/entrance. Taxes (2016): $6,659.48* Tracts 6-7 combined. Located in Sec 6, Blue Creek Twp, Paulding.
Tract 7:
83± ac
nearly all tillable. Consists of Hoytville and Nappanee soils. 2,650 ft. +/- Frontage on CR 82 and 1,300 ft. +/- on CR 71. Improved drainage through the open ditch along the east end of the property. Taxes (2016): $6,659.48* Tracts 6-7 combined. Located in Sec 6, Blue Creek Twp, Paulding Co.
Combine Tracts 6-7 for a total of 205+/- acres of productive farmland.
Tract 8:
61± ac
nearly all tillable. Predominately Latty soils. 1980 ft. +/- Frontage on CR 124. Taxes (2016): $1,707.14. Located in Sec 20, Paulding Twp, Paulding Co.
Tract 9:
41± ac
with 36.5+/- tillable and the balance in mature woodland located in the northwest corner of the tract. Predominately Latty soils. 1350 ft. +/- Frontage on CR 124. Taxes (2016): $3,492.28* Tracts 9-10 combined. Located in Sec 17, Paulding Twp, Paulding Co.
Tract 10:
81± ac
with 75+/- tillable acres and 3.5+/- acres of mature woodland on the far north border of the property. Predominately Latty soils. 1300 ft. +/- Frontage on CR 124. There is a permitted manure lagoon on this property with an established driveway/entrance. Newer metal machinery shed. Taxes (2016): $3,492.28* Tracts 9-10 combined. Located in Sec 17, Paulding Twp, Paulding Co.
Combine Tracts 8-10 for a total of 180+/- acres of productive farmland.
Tract 11: 101± ac all tillable. Latty silt and Nappanee soils. This tract lays west of CR 87 with 1,340 ft. +/- of frontage. Nearly level and ease of operation. Taxes (2016): $2,731.34. Located in Sec 16, Paulding Twp, Paulding Co.
EQUIPMENT & PERSONAL PROPERTY
CATTLE ON THURSDAY, SEPTEMBER 8 @ 10AM
PENS - NUMBER OF ANIMALS - DESCRIPTION
TOTAL 2250
EQUIPMENT ON THURSDAY, SEPTEMBER 15 @ 10AM
AREA MAP
TRACT MAP(S)
Tracts 1-3 - Van Wert County
Tract 4 - Van Wert County
Tract 5 - Paulding County
Tracts 6 & 7 - Paulding County
Tracts 8-10 - Paulding County
Tract 11 - Paulding County
SOIL INFORMATION
Tracts 1-3 - Van Wert County
Tract 4 - Van Wert County
Tract 5 - Paulding County
Tracts 6 & 7 - Paulding County
Tracts 8-10 - Paulding County
Tract 11 - Paulding County
AREA MAP(S)
BIDDING PROCEDURE: All tracts will be offered individually, in any combination and as a whole unit. Bidding on individual tracts and all combinations will compete until the end of the auction. The final bids are subject to Sellers acceptance or rejection.
PURCHASE CONTRACT: Immediately following the close of bidding, each high bidder will sign a purchase contract in the form provided in the bidder packets. All information contained in this sale brochure and other marketing materials is subject to the terms and conditions contained in the written purchase contract. Seller shall not be bound by any statement, promise or inducement that is not contained or incorporated in the written purchase contract.
BUYERS PREMIUM: The purchase price will be the bid amount plus a 3% buyers premium.
PAYMENT: 10% of the purchase price will be due as a down payment on the day of auction, with the balance due 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.
CLOSING: Closing will be on or before October 7, 2016 or as soon as possible thereafter upon completion of the survey (if applicable), the Final Title Commitment and Sellers closing documents.
CROP: The Buyer of a Tract with a growing or grown corn crop will have the option to purchase the crop by signing a Crop Purchase Agreement and wiring the Crop Purchase Price immediately following the auction. The purchase of the crop will include the right to enter upon the land to harvest the crop prior to closing. Contact the Auction Company for more information.
POSSESSION: Possession will be delivered at closing (subject to harvesting rights if the crop is not purchased by the Buyer of the land).
REAL ESTATE TAXES: Real estate taxes will be prorated to the date of closing.
DEED: The property will be conveyed by warranty deed, free and clear of liens but otherwise subject to all roads, easements, matters of record and other permitted exceptions described in the purchase contract.
EVIDENCE OF TITLE: Preliminary title insurance schedules will be available for review prior to the auction. At closing, Seller shall furnish a standard owners title insurance policy in the amount of the purchase price at Sellers expense.
MINERALS: Seller is not reserving any minerals. However, no warranty or representation is made as to the existence of any minerals or the extent of Sellers interest therein.
SURVEY: A new survey shall be obtained only if (i) necessary to record the conveyance or (ii) otherwise deemed appropriate in Sellers sole discretion. If a new survey is obtained, the survey will be ordered by Auction Company and will be sufficient for recording the conveyance, but the type of survey shall otherwise be determined solely by Seller. Survey costs will be shared equally (50:50) by Seller and Buyer. The purchase price will be adjusted to reflect any difference between advertised and surveyed acres except with respect to a purchase that includes substantial improvements.
TRACT MAPS; ACRES: Tract maps and stated acres are approximations based on county parcel data, current legal descriptions and/or aerial mapping and are not provided as survey products.
PROPERTY INSPECTION: Inspection dates have been scheduled and will be staffed with auction personnel. Seller and Auction Company disclaim any and all responsibility for the safety of prospective bidders and other persons during any physical inspection of the property. No person shall be deemed an invitee by virtue of the property being offered for sale.
THIS PROPERTY IS OFFERED AS IS, WHERE IS. NO WARRANTY OR REPRESENTATION, STATED OR IMPLIED, IS MADE BY SELLER OR AUCTION COMPANY CONCERNING THE PROPERTY. Prospective bidders are responsible for conducting their own independent inspections, investigations, inquiries and due diligence concerning the property. The information contained in this brochure and other marketing materials is provided subject to bidders independent verification. Seller and Auction Company assume no liability for any inaccuracies, errors or omissions in such materials. All sketches and dimensions are approximate.
AGENCY: Schrader Real Estate and Auction Company, Inc. and its representatives are exclusively the agents of Seller.
CONDUCT OF AUCTION: The conduct of the auction and increments of bidding will be at the direction and discretion of the auctioneer. Seller and its agents reserve the right to preclude any person from bidding if there is any question as to the persons identity, credentials, fitness, etc. All decisions of the auctioneer at the auction are final.
CHANGES: Please arrive prior to scheduled auction time to review any changes or additions to the property information. AUCTION DAY ANNOUNCEMENTS WILL TAKE PRECEDENCE OVER THE MARKETING MATERIALS AND ANY OTHER PRIOR STATEMENTS.
