Southwest Ohio Real Estate Auction - 81± Acres in 2 Tracts

Thursday, March 14th at 6pm - 9316 W. National Road (US-40), New Carlisle, Ohio 45344
Stately Historic Home • Pristine Bank Barn • Stocked Pond • Tillable Land • Explore the Investment Opportunities • Live on Your Own Country Estate • Expand Your Current Farming Operation

PROPERTY LOCATION & DIRECTIONS:  9316 W. National Road (US-40), New Carlisle, Ohio 45344.

FROM NEW CARLISLE: At the intersection of OH-235 & OH-571, travel on OH-571 East for 2.5 miles.  Turn left on US-40 East and travel 1.3 miles to the property on the north side of the road. 
FROM SPRINGFIELD:  Travel on US-40 West for approximately 9 miles to the property on the north side of the road.
  • 4 Miles Southeast of New Carlisle, Ohio
  • 10 Miles West of Springfield, Ohio
  • 18 Miles Northeast of Dayton, Ohio
  • 55 Miles East of Richmond, Indiana
  • 58 Miles West of Columbus, Ohio
AUCTION LOCATION & DIRECTIONS:  Veterans of Foreign Wars Post 9966, 10750 Musselman Road, New Carlisle, OH  45344.
FROM NEW CARLISLE: At the intersection of OH-235 & OH-571, travel on OH-571 East for 1.5 miles.  Turn right (west) on Musselman Road and travel a short distance to the VFW Post on the north side of the road.
Inspection Dates:
Wed, Feb. 13 · 3:30-5:30PM
Thurs, Feb. 28 • 3:30-5:30pm
Meet a Representative from The Wendt Group
at the home on Tract 1.
TRACT 1: 41± acres including an immaculately maintained historic home with stately ambiance, pristine bank barn, huge outbuilding with unlimited possibilities, stocked pond, and 36± acres of income-producing farm ground. This tract allows home-owners, farmers, investors, and entrepreneurs the opportunity to capitalize on their dreams or goals. The tri-plex home with paved drive and large graveled parking area is currently providing rental income but could easily conform to your dream home with in-law suite. Whether you desire a diversified investment or are searching for your future residence, the unique character, large rooms, and stunning, ornate woodwork make this a MUST-SEE home! The home also includes many updates including the electrical and heating systems. The 48’x74’ outbuilding includes a hay mow and large sliders.  It fits a variety of uses including garage, boat/camper storage, and workshop space.  Also investigate the possibilities of a retail business.  The incredible, turn-of-the-century bank barn with a footprint of 60’x116’ including additions and concrete floor is only limited by your imagination. This barn has the ability to fulfill multiple uses including 4-H, livestock, storage, or a spacious workshop. For those looking at potential business or event venues, the beautiful wood beams and architectural character of this barn lends itself to a unique atmosphere and setting.

Tract 2:  40± acres of quality, tillable cropland including Kokomo, Miamian, & Drummer soils. This tract offers a convenient location and ample access along US-40.  Utilize the tillable land to increase your current farming operation or combine with Tract 1 for larger acreage.  Don’t overlook the potential for investment and future building site possibilities.

ALL ASPECTS OF THIS PROPERTY SHOUT INCOME POTENTIAL WITH MULTIPLE PROSPECTS FOR FINANCIAL RETURN!  IN ADDITION, THE PROPERTY IS VERY IMPRESSIVE AND SUITABLE FOR THE OWNER-OCCUPIED INDIVIDUALS AS WELL.
 
Tecumseh Local School District.  OWNER: Donna J. Lafollette Trustee

CONTACT: Dale Evans 260-894-0458 or Tyler Wilt 740-572-1249 of
The Wendt Group for Further Questions.






Property Photos

Terms & Conditions:

PROCEDURE:  The property will be offered in 2 individual tracts and as a total 81± acre unit.  There will be open bidding on the tracts and the entire property during the auction as determined by the auctioneer.  Bids on the tracts and the total property may compete.
DOWN PAYMENT: A 10% down payment is required on the day of the auction for individual tracts or combinations of tracts. The down payment may be made in the form of cashier’s check or personal check. Ohio Law states that the down payment must be deposited in the Broker’s non-interest-bearing trust account within 24-48 hours after receipt of such funds.  YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING. 
ACCEPTANCE OF BID PRICES: The successful bidder(s) will sign a Purchase Agreement at the conclusion of the auction.  All final bid prices are subject to Seller’s acceptance or rejection.
EVIDENCE OF TITLE: The Seller will provide a preliminary title opinion, certificate, or report to be made available to prospective bidders for review prior to bidding.  If any Buyer elects to purchase title insurance, the cost thereof will be at such Buyer’s sole expense.  Seller will convey title free and clear of liens, but otherwise subject to all easements and matters of record. All tracts sold “AS IS”.
DEED: Appropriate deed will be delivered at closing.
CLOSING:  Closing will take place 30-45 days after auction date, or as soon thereafter as Seller’s applicable closing documents are completed.
POSSESSION:  Possession at closing. 
REAL ESTATE TAXES: The real estate taxes will be prorated to the date of closing.  If usage is changed, the Buyer is responsible for CAUV Recoupment.
TRACT MAPS; ACRES: Tract maps, depicted boundaries, and stated acres are approximates based on county parcel data, current legal descriptions, and/or  aerial mapping software and are not provided survey products.
SURVEY:  Clark County requires that new survey(s) and legal description(s) be prepared in order to transfer the property.  The type of survey provided will be at the Seller’s option.  Survey costs will be shared equally between Buyer and Seller. 
EASEMENTS:  Sale of the property is subject to any and all easements of record.
MINERAL RIGHTS: The sale will include 100% of the mineral rights (if any) owned by the Seller.
AGENCY: The Wendt Group and its representatives are exclusively the agents of the Seller.
AUCTION CONDUCT:  Conduct of the auction and increments of bidding are at the sole discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc.  All decisions of the Auctioneer are final.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company.  All sketches and dimensions in the brochure are approximate.  Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company.
ANY ANNOUNCEMENTS MADE THE DAY OF THE AUCTION TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.


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