ASHLAND COUNTY ABSOLUTE 98.5 ACRE LAND AUCTION
ASHLAND COUNTY ABSOLUTE 98.5 ACRE LAND AUCTION
Wednesday, November 27th @ 4 PM
Ideal Building Lots – Good Tillable Land – Awesome Hunting Parcel
Mapleton Schools – Gas and Public Water Available – Offered in 5 Parcels
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The auction will be held on location on Township Road 876, Ashland.
REAL ESTATE: In order to 1031 exchange the purchase of a neighboring farm we will sell to the highest bidder 98.5 diverse acres with a tremendous location. A quiet Township Road location with easy access from State Routes make this the ideal secluded yet accessible property. The diversity includes building lots with rural public water, natural gas, and enough land to enjoy country freedom; tillable land with good history and farm management; as well as recreational land that would remind you of southern Ashland County. Do yourself a favor and walk this land.
Parcel 1: 22 acres of open and tillable land with the perfect corner to tuck a timber frame or mini farm.
Parcel 2: 4-acre open building lot.
Parcel 3: 4.3 acre building lot.
Parcel 4: 26.4 acres awaiting your home, buildings, fence, and critters to trim the pasture.
Combination #1: Parcels 1-4 offering a total of 56.7 acres nearly entirely tillable. The land offers good rolling terrain, great access, all in one field.
Parcel 5: The “Buck” Bowl! We have been fortunate to offer some great hunting properties but this 42-acre parcel races to the front of the pack in a hurry. Accessed from State Route 511, this property is situated such that nearly every passerby will never notice it. From the road the property drops into open fields surrounded by wooded ridges. When looking for a hunting property, this one checks all the boxes: great diversity of habitat, secluded bedding areas, natural funnels, a creek for year-round water source, 40 feet of topography change from the bottoms to the ridgetops, control of food plot and cropland, diverse accessible wind locations, quality turkey and whitetail genetics, easy property management with a fun factor, an affordable size, and a good stand of young walnut, cherry, hickory, maple, and other hardwoods! Adding Parcel 4 which boarders to the west would allow a person to build their dream home with an attached hunting oasis.
Combination #2: The entire 98.5 acres. Tillable and wooded, you can have it all.
Pick up a flyer in the info box on the property and walk the land at your leisure. Private showings are available through Andy White 419-651-2152.
Taxes-Legal: Ashland County Parcel J31-019-0-0014-00 and a portion of J31-020-0-0013-01, Orange Township, Mapleton Local Schools. Taxes will be determined after final survey. Any CAUV recoupment will be the buyer’s expense.
Terms: The successful purchaser(s) 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. Any county required soil tests and septic plot plans will be at the buyer’s expense. All desired inspections need to be completed prior to bidding. Additional details are available at www.RES.bid.
Andy White – Drew Turner – Jake White – 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.
- 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.
- Any county required soil tests and septic plot plans will be at the buyer’s expense.
- 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.
