More Information
FARM 1: 5640 Oxford Gettysburg Road, Eaton, Ohio 45320. 69.356 Acres. Preble Co. PID# F21810100000001000. Rectangular parcel with aproximate frontage on Oxford Gettysburg Rd. of 1,078 feet and 2,582 feet on Orphans Rd. Currently in beans. Current month to month farmhouse tenant has been there 9 years and pays $438 per month. The house was built in 1915 with 1,500 SF with 1.5 story, 3 bed, 1 bath, hardwood floors, newer windows, well and septic, propane furnace and other upgrades. Fruit and walnut trees on the property. There is also a detached barn.
Farm 2: 4526 Crubaugh Road, New Paris, Ohio 45347. 30 Acres. Preble Co. PID# G22912500000004000. Rectangular parcel with aproximately 2,006 feet of frontage along Crubaugh Rd. which is a great quiet country road. Currently in beans. Current longterm month to month tenant pays $550 per month. The house was built in 1905 with 1,504 SF and is 2 story with 3 bed, 1 bath and a detatched shed. Nice amount of Walnut and other trees on the property.
In General: There was some question as to the availability of obtaining clear title to each property. CLEAR TITLE IS GUARANTEED ON BOTH FARMS VIA GENERAL WARRANTY DEED. See the Title Commitment under the document section. Both farms are convieniently located by US-40 and I-70. Richmond In. is 9 miles away. Eaton Oh. is 8 miles away. The owner, Mr. Wisehart, is 87 years old and lives out of state. Tax info, soil types, yields and amounts of each type of land can be found under the document section of our website. The current farmer has the right to remove the current crop of beans. No 2016 lease has been signed with the current farmer.
Lot Size: Farm 1 = 69.356 Acres Farm 2 = 30 Acres
Annual Taxes: $ Taxes on 70 A Farm = $3,004/yr. Taxes on 30 A Farm = $1,800/yr
Property Map
Basic Terms:
Sells Regardless of Price to the Highest bidder with no minimums or reserves. 10% down by cash or check which will become your non refundable deposit. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes. Sells by the Acre. High bidder's choice of either farm or both.
Deposit and Closing:
Closing will take place within 30 days of Auction using Ohio Real Estate Title. Veronica Brown, Closing Processor 1111 North Plum Street, Suite 9 Springfield, Ohio 45504 (937) 322-7333 Email: vbrown@oret.com
Realtor Participation:
No Realtor Compensation for this Auction.