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TRACT 2 - 38 Acres
TRACT 2 - 38 Acres
TRACT 2 - 38 Acres
TRACT 2 - 38 Acres

TRACT 2 - 38 Acres

Lot Number:2
Completed
Start Time:4/7/2023 4:00:00 AM
End Time:5/10/2023 2:00:00 AM
Bid Count:0
Winning Bidder:
Starting Bid:$500,000.00
Bid Increment:$1,000.00
Current Bid:$0.00
Watching:0

Being sold at an ONLINE & ONSITE PUBLIC AUCTION to be held at 4:00 PM, Tuesday, May 9th, 2023. AUCTION being held at Croton Fairgrounds, the Babcock Building. Doors open at 3:00 PM & light refreshments available. Acreage located near proposed Intel development and is being offered in a 'multi-parcel' auction format with proposed splits of 55 +/- acres (Tract 1) on Clover Valley Rd NW & 38 +/- acres (Tract 2) on Tagg Rd. So, buy EITHER or BOTH & it sells in the manner resulting in highest selling price with an aggregate RESERVE of $15,000/acre ($1,397,400). There is NO CAUV tax recoupment. NOTE: The 90+/- acres (total parcel) is currently being farmed with a lease through 2024 based on $160/acre per year. The buyer will have the option to buy out the farm lease for $128,000 and have possession of the land at closing.

No donations for this lot

Multi-Parcel Live & Online Real Estate Auction 


Live Auction Location:

Hartford Fairgrounds (Babcock Building)

14028 Fairgrounds Rd, Hartford, OH 43013 (map)

 

Live Auction Bidding Date:
Tuesday, May 9, 2023 @ 4:00 PM EDT

  1. Selling with the aggregate (cumulative) reserve of $15,000/acre ($1,397,000)
  2. The real estate sells in AS IS condition. The Seller is not making any repairs or giving any concessions.
  3. The sale is not contingent upon a satisfactory inspection.
  4. The sale is not contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the appraisal gap, if any.
  5. The successful bidder will sign and return within 24 hours the purchase contract and other applicable documents electronically following the close of the auction.
  6. The Seller will not pay the recoupment tax.
  7. The successful bidder/buyer of the parcel(s) will deposit 10% of the bid price (earnest money), payable on the day of the auction in cash, check, or by electronic transfer.
  8. Buyer to proceed to close within (30) days of the auction.
  9. The buyer will have the option to buy out the farm lease for $128,000 and have possession of the land at closing.
  10. Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee, and the proration of real estate taxes.
  11. There is a 10% (TEN) Buyer’s Premium added to the final offer to determine the final purchase price.
14028 Fairgrounds Rd
Hartford Fairgrounds (Babcock Building)
Hartford, Ohio 43013
United States
Auction Documents:
Auditor Map Report_Clover Valley.pdf
1.0 MB
Auditor Report_Clover Valley.pdf
664.3 kB
Examine Title Report_CLOVER VALLEY.pdf
391.3 kB
Farm Lease Agreement.pdf
74.5 kB
View Purchase Contract Packet.pdf
606.2 kB
F 9728 156EZ.pdf
39.7 kB
OH089_F9728_T10493.pdf
213.0 kB