FRANCIS LAND AUCTION

Description

FRANCIS LAND AUCTION
163 +/- ACRES-GRAND PRAIRIE TWP.-SECTION 29 & 30
MARION CO.-NO BUYERS PREMIUM- 2 TRACTS
PRODUCTIVE TILLABLE CROPLAND-OLD BARN- WOODLAND
Wed. Oct. 30, 2024 @ 5:30 PM

Selling due to the passing of Sharon Francis, widow of the late Curtis Francis. The Francis family have owned this farm for several generations. This is a good productive level farm with good drainage and Productive soils.

FARM LOCATION: 4094 Hillman Ford Rd. Morral, Ohio 43337 (House # 4094 is not for sale, only being used for GPS location purposes.) Road frontage on Hillman Ford Rd. & Marseilles Galion Rd. Signs posted!
AUCTION LOCATION: Morral Volunteer Fire Dept. Building @ 143 S. Green St. Morral OH. 43337.
TRACT #1: (Auditor Parcel # 090210000900) 39.22 +/- tillable acres, w/ 1,093 ft. of road frontage on Hillman Ford Rd. and 1,320 ft. of road frontage on Marselles-Gallion Rd. W., CRP grass waterway containing .30 acre for a annual payment of $66.00 (2 years remaining on contract). Taxes are $894.02 pr yr.

TRACT #2: (Auditor Parcels # 090210000600 & 090210000200) Totaling 124.234 +/- acres w/ 1,910 ft of road frontage on Hillman Ford Rd and 1,020 ft. of road frontage on Marselles-Galion Rd. W. Consisting of 89.12 +/- total tillable acres, 36.22 +/- mature wooded acres, driveway off Hillman Ford (130 +/- road frontage) has old barn w/ hayloft, 80’ x 40’ w/ 30’ x 40’ Lean-To leading to long lane (20+/- ft.) wide leading to and through woods to a rear tillable field containing 22.44 +/- acres. This tract has (3) CRP grass waterways containing 2.36 +/- acres for a total annual payment of $251.00 with 2 and 5 yrs. remaining on each contract. In approx. 2000 some tiling was completed. Woods could have harvest-able timber but a valuation has not been completed by a Timber expert. Taxes are $1,708.40 per yr.

TERMS & CONDITIONS: Tennant farmer will have the rights to fall harvest. The successful bidder(s) will be required to enter into a purchase contract at the conclusion of the auction. We will require a deposit on Parcel #1 & Parcel #2 $15,000 each, or $25,000 as a whole (non-refundable) payment due at the conclusion of the auction with the balance due in 45 days. Your bidding is not conditional upon financing, inspections or appraisals. Be sure you have arranged financing, if needed, and are capable of paying certified funds at closing. Assignments of any purchase contracts are conditional on the bidder remaining jointly liable on the contract with the assignee. Taxes pro-rated to closing date. Tracts selling subject to all legal highways, easements, restrictions, agreements and rights-of-way of record, and any lease, grant, exception, or reservation of coal, oil, gas and other mineral rights and interests previously transferred or reserved of record, if any. Farmland is under CAUV and Conservation Reserve Program. If buyer changes usage, any recoupment will be at the buyer’s expense. New surveys will be paid by sellers if needed. The purchaser will be responsible for the cost of title insurance or other type of title evidence if the purchaser(s) elect to acquire such title insurance/title evidence. Acreages and frontages are subject to final survey if applicable.

BIDDER NOTICE: We will be using the multi parcel auction method. Tracts 1 and 2 to be offered individually, in combination, or as a whole 163.45 acre farm. Selling in the manner that brings the most money. All bids will compete and remain open for bid advancement until auctioneer announces property sold.

DISCLAIMER: Information contained in this brochure and all related materials is based upon information available at time of listing and are believed to be accurate, but is subject to verification's by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the sellers or Auction Company. Tract acreage, dimensions, aerial photos and boundaries are approx. and are taken from Co. & FSA Agency records. The potential Buyers hereby stipulate and agree that they have examined the property. Relying solely upon such examination with reference to conditions, Buyers agree to take such property “AS IS” without any expressed or implied warranties by Seller or Seller’s agent. Any inspections desired by the Buyer shall be prior to the auction at Buyer’s expense.

Attorney: Tom Frericks
Family Heirs/Owners: Mark E., Michael C., & Merle D.
Francis and Michelle A. Nygaard