ZACHMAN FARMLAND AUCTION
73.6 +/- Acres in Richland Twp., No Buyer's Premium!
Description
ZACHMAN FARMLAND AUCTION
73.6 +/- ACRES - RICHLAND TWP.-SECTION 2
EASTERN MARION CO.-NO BUYER’S PREMIUM-
3 PARCELS-GOOD PRODUCTIVE TILLABLE CROP LAND
MONDAY MARCH 31, 2025 @ 5:00 PM
The family has decided to sell this farm due to the passing of Warren & Joyce Zachman who have owned the farm for approx. 60 yrs.
FARM LOCATION: 5005 Marion Edison Rd. (House #5005 is not for sale, only being used for GPS location purposes). Road frontage on Marion-Edison, Tittlebaugh & Claridon-Westfield. Signs posted!
AUCTION LOCATION: Marion Salem UMC @ 1640 Salem Rd. Caledonia, Oh 43314.
PARCEL #1: (Auditor Parcel #310030001003) 11.532 +/- tillable acres w/ 665 ft. of road frontage on Tittlebaugh Rd. & 756.26 ft. of road frontage on Claridon-Westfield Rd. Systematically tiled. Taxes are $337.68 per yr. Soil types are Blount & Pewamo.
PARCEL #2: (Auditor Parcel #310030001001) 52.935 +/- tillable acres w/ 1901.77 ft. of road frontage on Claridon-Westfield Rd. & 976.19 ft. of road frontage on Marion-Edison Rd. Systematically tiled. Taxes are $1,395.64 per yr.
PARCEL #3: (Auditor Parcel #040420000601) 9.14 +/- acres w/ 599.98 ft. of road frontage on Marion-Edison Rd. across the road from Parcel #1. This property offers farming, hunting, & recreational opportunities with Olentangy River frontage & bottom land of 2-3 acres tillable for farming or wildlife plots and balance in wooded acreage. Taxes are $207.72 per year.
AUCTIONEER NOTE: A great level productive farm with great stewardship. Parcel 1 & 2 has been fertilized & all systematically tiled on 50’ centers by Warren as he was in the tiling business for many years. Parcel 2 has a portion of the N.E. side with extra tile put in at 25’ intervals as Warren was experimenting & per family performed very well.
TERMS & CONDITIONS: Spring planting rights go to the new buyer(s). 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 $20,000 each, $10,000 on Parcel #3, or $45,000 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. 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, 2, and 3 to be offered individually, in combination, or as a whole 73.6 +/- 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 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 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.
Owners: Mark E., Michael L. & Jeffery W. Zachman, & Diane K. Yake