Gruver Absolute Ashland County Farm and Personal Property Auction
Gruver Absolute Ashland County Farm and Personal Property Auction
Saturday, November 30th
Personal Property 10 AM – Real Estate 12 Noon
123.3 Acres – 2 Homes – Pond – Tillable – Woods – Building Lots – 6 Parcels
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The auction will be held on location at 601 Township Road 101, West Salem. From State Route 42 just southwest of West Salem, take Wiley Road to Twp Rd 101 or from State Route 89, take County Road 620 east to 101. Watch for RES signs.
REAL ESTATE: Woods, pasture, tillable land, homes, pond, and opportunities are just a few of the attributes of this farm. With a total of 123.3 acres being offered in 6 parcels, allowing you the ability to purchase just what you desire. The desirable character this land presents starts with the Muddy Fork River traversing the property creating fertile tillable bottom ground and the ideal landscape to hold the illusive whitetails. The farm then rolls into wooded hillside on the east and additional tillable land to the west. Bring your ideas of what your future looks like and this farm will provide the canvas to make those dreams into reality.
The farm will be offered in 6 parcels as well as in combination, selling to the highest bidder regardless of price.
Parcel 1: Building Lot and playground rolled into one. This 12-acre parcel includes approximately 7 acres of open tillable land with the remainder wooded ravine. The setting is great with multiple sites to construct your home and buildings overlooking the pond.
Parcel 2: 5 acres with a ranch home and a great pond. Add your carpet, paint, and desired cosmetic updates to the home but buy with the peace of mind that the upgrades provide. Geothermal heating, central air, a metal roof, and access to Rural Lorain water. The home offers a good layout with 2 bedrooms and a full bath on one end of the home with the master bedroom and bath on the opposite end separated by the living room, kitchen, and dining room. Additional amenities include first floor laundry, attached 2 car garage, and a full basement where additional living space could be finished. With a secluded setting overlooking the nearly 2 acre stocked pond, the only downside to this piece is getting your friends and family to leave. The home currently has Rural Lorain water from the tap on parcel 5. The new owner will have 4 months to provide their own water source.
Parcel 3: 56 acres nearly entirely tillable. The Muddy Fork and a tree line separate this parcel into 3 fields. Add this to your existing operation or start fresh and build your own farm.
Parcel 4: A 2.3 acre building lot on the corner of Township Road 101 and County Road 620. Water and utilities at the road offer a convenient manageable building location.
Parcel 5: 20 acres with the original two-story farmhouse. The character the home offers is hard to duplicate. The home has been used as a rental for several years and is ready to be brought back to life. With 4 bedrooms, a full bath, large rooms, and tall ceilings, turning this into your family home will be a lot of fun. The 20 acres with this parcel is wooded pasture land bordering the Muddy Fork. An old barn is ready to be razed for your new buildings to house your big boy toys. Add your livestock and a tree stand creating the ideal country life.
Parcel 6: 28 acres of woods with 500 feet of frontage on Township Road 580. Affordable hunting and recreation opportunities abound with this parcel.
Open House: The homes will be open for inspection on Thursday, November 14th 4-5:30PM. For a private showing, call Andy White at 419-651-2152. You may pick up a brochure in the info box on the property and walk the land at your leisure.
Taxes: Ashland County parcel number D11-002-0-0016-00, Jackson Township, Black River Local School District. Annual taxes based on CAUV are $5,201.34 and will be prorated to the day of closing.
Real Estate 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 the Charles Bruce Gruver Estate
Ashland Probate #20241213 - Ben Gruver, Executor – Clint Leibolt, Attorney
Andy White - Mary Hartley - Drew Turner - Jake Whtie - Seth Andrews, Broker
- 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.
- The bidding will be by the acre. Your bid price X the amount of acres rounded to the nearest 10th.
- 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.
- Sellers will provide a marketable deed and convey the property as per terms of the Real Estate Purchase Agreement.
- Property Sells “AS IS”
- Property sells subject to articles in the present Deed, Title, and any articles or notices of public record.
- Buyer will pay CAUV tax recoupment if any, due and payable after deed conveyance.
- 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.
- 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.
- Acreage and frontage amounts, including lot markers, are approximate and subject to final survey. (If required)
- 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.
- 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.
- 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.
- Property sells subject to any announcements made the day of sale.
- 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.
- Once submitted, a bid cannot be retracted.
- 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.
- 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.
- 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.
- RES has the right to establish all bidding increments.
- 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.
- Bidder warrants and represents that they are at least 18 years of age and are fully authorized to bid.
