Ashland County 202-Acre Absolute Farm and Personal Property Auction

Saturday, November 23^rd

Personal Property 10 AM – Real Estate 12 Noon

9 Parcels – Home & Buildings – Tillable – Wooded – Building Lots – Pond

CLICK HERE TO RECEIVE UPDATES ABOUT THIS PROPERTY

Live Auction w/ Online Bidding @ RES.bid for the Real Estate

The auction will be held on location at 526 County Road 1302, Ashland, OH. From Ashland, take County Road 1302 east or from Rowsburg, take 1302 west to location. Watch for RES signs.

Real Estate: This expansive 202-acre property is the perfect blend of opportunity and seclusion, offering endless possibilities for outdoor enthusiasts, farmers, and investors alike. The land includes a combination of productive tillable acres and wooded areas teaming with a wide variety of wildlife, including excellent whitetail genetics, making it a hunter’s paradise. Whether you’re an outdoorsman looking for the perfect spot to hang a stand and enjoy successful hunts, or someone looking to build their dream home, this property has it all. Located in a prime spot near I-71, US 250, and just a short drive from US Route 30, this property combines convenience with tranquility. The property will be offered in 9 parcels and in its entirety, giving you the ability to buy exactly what you desire.

Parcel 1: This charming 14-acre property offers a mix of yard space, wooded areas, and open fields, providing the ideal gentlemen’s farm. The centerpiece is a two-story brick home with 4 bedrooms and 2 full baths, offering 2,234 sq. ft. of finished living space. The large kitchen and main level open floor plan provide the opportunity to create great memories with family and friends. The home has had good care and updates including replacement windows, water heater, softener system, and back-up generator. Bring your cosmetic updates to add to the awesome character of this home and you could find your forever home.

In addition, this parcel offers 20x40 flat barn, a 40x64 bank barn that straight and solid but needing attention, and multiple utility sheds, offering ample storage and flexibility for various uses.  This property has everything you need to create your dream rural lifestyle!

Parcel 2: 27.8 acres of good tillable plow ground. The land is mostly level with a small section of woods to the southwest. This parcel is a total of 33.5 acres with 5.7 acres within the Interstate 71 right-of-way. Your bid price is calculated on the 27.8 usable acres.

Parcel 3: 32 acres with a great mixture of open tillable land and woods. The diversity of this parcel makes it an ideal place to build that timber frame or dream home in the woods with the welcome smell of the smoke from the fireplace welcoming you home from the evening hunt. 3 acres are within the I-71 right of way for a total of 35 acres. Add this to parcel 4 for an epic outdoorsman’s property.

Parcel 4: 68.5 acres of recreational paradise with frontage and access on State Route 89. Serious hunters look in. This parcel offers woods surrounding approximately 16 acres of open tillable land. The habitat and layout provide the ability to manage this parcel into a premier hunting and recreational property. Easy access, creek bottoms, superb bedding areas, and natural food sources hold a number of quality deer with a history of impressive bucks.  A total of 77 acres will transfer with this parcel with 8.5 acres within the I-71 right-of-way.

Parcel 5: 25.8 acres of predominantly tillable land on Township Road 523 and County Road 1302. Build on it, add it to your current land portfolio, or combine this with parcel 6 to create the consummate dream property. The parcel will be a total of 29 acres with 3.2 in the I-71 right-of-way.

Parcel 6: Maybe the best lot to be offered in Ashland City School district in quite some time. It is easy to get lost in the thought of your forever home or gentleman’s farm on this 11-acre parcel with the infamous Stephens Family Pond. This property also benefits from a pole building and its own electric service, ready for the future to unfold. There is also an older gas well on this parcel that has not been used in some time.

Parcel 7: 16 acres of mostly wooded land with ample open tillable acreage to build your home and have your recreational playground in the back. This parcel is a total of 20.5 acres with 4.5 acres in the I-71 right-of-way.

Parcels 8-9: Each 3.7 acre building lots on Township Road 523. The lots are open and awaiting your dream home. The parcels will be offered individually then as a whole, selling to the highest bidder in the manner that nets the most for the seller.  Do yourself a favor and walk this property. Those who look past some traffic noise will find one of the best properties to be offered to date.

Open House: The home and buildings will be open for inspection Thursday, November 7^th 4:00-5:30PM. Pick up a brochure and walk the land at your leisure. Private showings are available through Andy White 419-651-2152.

Taxes-Legal: Ashland County Parcel Numbers I25-012-0-0007-00, I25-013-0-0004-00, & K32-007-0-0012-00 located in Montgomery and Perry Township, Ashland City School District. The current annual taxes based on CAUV are $5,702.40 and will be prorated to the date of closing.

Terms: The successful purchaser will be required to make a nonrefundable down payment of 10% at the conclusion of the auction with the balance due at closing within 45 days. A 10% buyer’s premium will be added to the final bid to determine the purchase price. All desired inspections need to be completed prior to bidding. The buyer is responsible to pay for any plot plans and/or soil tests required by the county, if any. Additional details are available at www.RES.bid.

 

Auction by order of Stephens Pleasant Valley Farms

Andy White - Jake White - Drew Turner - Mary Hartley - Seth Andrews, Broker

TERMS AND CONDITIONS

1. Any person who registers or bids at this auction (the “Bidder”) agrees to be bound by these Terms and Conditions and any auction announcements. A bid placed by Bidder will be deemed conclusive proof that Bidder has read, understands, and agrees to be bound by these Terms and Conditions.

2. There will be a 10% Buyer’s Premium added to the final bid, which is your final purchase price and the price that is recorded at the county auditor’s website.
3. The bidding will be by the acre. Your bid price X the amount of acres rounded to the nearest 10^th.
4. Any desired inspections must be completed prior to bidding. This purchase agreement is not contingent upon the satisfactory state of any inspections required after the date of the auction.
5. Sellers will provide a marketable deed and convey the property as per terms of the Real Estate Purchase Agreement.
6. Property Sells “AS IS”
7. Property sells subject to articles in the present Deed, Title, and any articles or notices of public record.
8. Buyer will pay CAUV tax recoupment if any, due and payable after deed conveyance.
9. Seller, through Seller’s title agency, shall provide to Buyer: Warranty Title, The Escrow Agent shall be chosen by the Seller, however, if required as a condition of the load, the Escrow Agent shall be chosen by Buyer’s Lender.
10. Seller shall pay for the cost of the title search, deed preparation and county conveyance fees. Seller and Buyer shall each pay one-half of the Escrow Agent’s standard closing fee. If an owner’s policy of title insurance is selected, the buyer and seller will split the owner’s title insurance 50/50, including, without limitation, the additional cost of the premium for insurance of an owner’s policy, the cost of a loan policy, title endorsements, location survey, or other items required by Buyer, or Buyer’s lender. Buyer shall pay for all recording fees. RES advocates the use of title insurance in all real estate transactions.
11. Acreage and frontage amounts, including lot markers, are approximate and subject to final survey. (If required)
12. RES requires a nonrefundable down payment (earnest money) of 10% of the purchase price at the time of purchase. The sale is not subject to any contingencies for financing.
13. Earnest Money Deposit is NONREFUNDABLE; the contract contains no provisions for contingency on financing. In bidding, you are asserting you have the fundings to close. In the event Buyer does not close in compliance with the terms of this purchase agreement, all earnest money shall be forfeited and paid to the Seller as liquidation damage.
14. Buyer agrees to indemnify and save harmless RES, its employees, and agents, from any liability stemming from any incorrect information given or any material information Seller fails to disclose whether or not known by the Seller at the time of the execution of the purchase agreement.
15. Property sells subject to any announcements made the day of sale.
16. It is the sole responsibility of Bidder to monitor RES’s website with respect to any updates or information regarding any Real Estate on which Bidder is bidding. Bidder acknowledges that information regarding the Real Estate may be updated or changed on RES’s website at any time prior to the conclusion of bidding and that Bidder has timely reviewed the Real Estate information or assumes the risk of not having done so.
17. Once submitted, a bid cannot be retracted.
18. The Bidder uses the online bidding platform at their own risk. RES is not responsible for errors or omissions in bid submissions or acceptance. RES does not guarantee the platform’s uninterrupted function, availability, or compatibility with the Bidder’s hardware or software. RES is not liable for any damages resulting from its use or attempted use, including failures, interruptions, or delays.
19. In the event that Bidder is the successful bidder, Bidder must immediately execute the Contract for Purchase and Sale and tender a nonrefundable earnest money deposit in the form of cash, check, or immediately available, certified funds and in the amount set forth by RES, by 1:00 p.m. (EST) on the business day following the auction. The balance of the purchase price will be due at closing on the specified closing date. The Real Estate must close within 45 days of the date of the auction, or as otherwise agreed to by Seller and Bidder.
20. Bidder acknowledges the closing may be delated for reasons beyond the control of Seller, Buyer, or Broker. Delays caused by survey, title issues, county agency approvals, lender processes shall automatically extend the closing date. Bidder agrees to cooperate in good faith to proceed to closing by the closing date or as soon after as practicable.
21. RES has the right to establish all bidding increments.
22. RES may, in its sole discretion, reject, disqualify, or refuse any bid believed to be fraudulent, illegitimate, not in good faith, made by someone who is not competent, or made in violation of these Terms and Conditions or applicable law.
23. Bidder warrants and represents that they are at least 18 years of age and are fully authorized to bid.

526 County Road 1302
Ashland, Ohio 44805
United States