SCHAADT LAND AUCTION

Description

SCHAADT LAND AUCTION
FAMILY OWNED SINCE 1897
(62+/- ACRES)- N. MARION CO.
GREAT RECREATIONAL OPPORTUNITIES- POTENTIAL HOME SITE-
TILLABLE ACRES- PRIME WILDLIFE HABITATS
3 PARCELS (RANGING FROM 1 to 31 ACRES)
MARION TWP.-RIDGEDALE DISTRICT
WEDNESDAY JANUARY 26, 2021 @ 5:30PM

AUCTION LOCATION: Off site @ 1299 Campbell Rd. Marion, Oh, 43302 (Old Sisler Building), 3/4 mi. S. of Whirlpool.

Due to the passing of John F. Schaadt. Wyandot Co. Probate Court Case #2021-1107

Auction Note: The families will offer the following at Live Public Auction. A great property that is difficult to find in Marion Co., parcels offer a little bit of everything for everyone. Has not been offered to the public in 124 years!

Tract #1 (Parcel# 190040011101): consisting of (30.665 +/- total acres), 16.22 +/- potentially total tillable acres, of which 3.77 +/- current acres are currently under cultivation, and 12.45 +/- acres currently CRP and in 1st year of renewed Conservation Reserve Program @ $326.00 per acre, 14 +/- acres are wooded with Rock Fork Stream frontage and scenic mowed campsite & (2) corn cribs (1) wood & (1) metal, 59.13 ft. of rd. frontage on Marion-Upper Sandusky Rd. and field lane access. Plus recorded easement off Kenton-Galion Rd. Taxes: $259.38 per yr. based on CAUV value.

Tract #2 (Parcel #190040011102): Consisting of (1.108 +/- total acres) being approx. ¾ of an acre tillable cultivated land, balance in sod grass and partial stone driveway. Offers potential building site subject to county approval w/ 156.37 ft. rd. frontage on Marion-Upper Sandusky Rd. Taxes: $21.68 per yr. based on CAUV value.

Note: Tracts 1 & 2 ONLY will be offered separately and together as one whole (31.773+/- acre) farm.

Tract #3 (Parcel 190040011200): Consisting of (31.373 +/- total acres). 25.53 potentially total tillable acres of which 5.13 +/- acres under cultivation and 20.40 +/- acres in 1st yr. of renewed Conservation Reserve Program @ 326.00 per acre, 5.84 +/- wooded acres w/ Rock Fork Stream frontage and 215.51 ft. rd. frontage on Marion- Upper Sandusky Rd. and field lane access. Taxes: $270.46 per yr. based on CAUV value. This parcel will be sold separately. Brian L. & Ronda K. Schaadt are owners of this tract only.

Terms & Conditions: The successful bidder(s) will be required to enter into a purchase contract at the conclusion of the auction. We will require a deposit (non-refundable) on Tracts 1 & 2 will each require $5,000 down, Tract 3 of $7,500, shall be 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 right-of-ways of record, and any lease, grant, exception, or reservation of coal, oil, gas and other rights and interests previously transferred or reserved of record, if any. Farmland is under CAUV. 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. 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 verifications 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 County & 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.



Executor: Mrs. Lisa Kelly/ Attorney: Mr. Richard Grafmiller

BEN HIGGINS REALTY & AUCTION CO., LLC
Ben A. Higgins, Broker & Auctioneer
Ben F. Higgins, Realtor & Auctioneer
740-387-5111/740-389-6202/www.higginsauctions.com