Great Hobby Farm In Wayne Co OH - 25.1 Acres

AuctionPending

25.1 Acres / Wayne County, OH

Live and Online at RES.bid

Auction Date: 10/12/2024. Auction Time: 12 pm (Real Estate) - 10 am Personal Property ET

Auction Held At: On-Site, 2306 Sylvan Road, Wooster, OH 44691

Open House dates and times: Private showings available through Brandon Doty, 330-749-4685.

Entire Farm Description:

Welcome to this stunning 3,856 sq. ft. colonial-style home that combines charm, space, and modern convenience, nestled on over 25.1 acres of picturesque land. This expansive home boasts 3 huge bedrooms and 3.5 baths, along with an additional living quarter over the garage offering ample room for both relaxation, entertainment and even income potential. Rich wood walls and a blend of wood and tile flooring throughout, create a warm and inviting atmosphere.

The spacious kitchen features abundant cupboard space, double wall-mounted ovens, a gas stove, a generously sized island complete with a built-in wine cooler and microwave, and gorgeous granite countertops. A commercial-grade refrigerator/freezer and a deep sink add to the kitchen's functionality, while the high ceilings and pellet stove enhance its charm. Adjacent to the kitchen is a large pantry, laundry, and mudroom area with direct access to the outdoors, ensuring convenience and practicality. The main floor also includes 3 generously sized bedrooms, each with walk-in closets, and 3 full bathrooms.

The living and dining areas offer spaciousness and elegance, with a central wood-burning fireplace, French doors leading to the front porch, and recessed lighting. The first floor is completed by a side entryway and another spacious bedroom with ample storage space.

Descend the metal spiral staircase to the open basement, where you'll find a walk-out to the brick patio overlooking a scenic 3.5-acre pond. The basement is ideal for entertaining, featuring a fireplace at its center, a bar, and a built-in sound system. With large windows allowing natural light, this space is perfect for gatherings. The basement once housed a fully functional kitchen, and while the appliances remain, it has not been used recently. There is also a half bath and direct access to the garage from this lower level.

Recent updates include a new roof and gutters with a lifetime warranty, and a Lennox boiler furnace installed in 2019. The property operates on natural gas heating, with a private well with a water softener and also has the convenience of city sewer. The upstairs, with its private entrance, features a 1-bedroom apartment complete with a full bath, kitchen, and family room—perfect for guests or potential rental income.

The property is complete with a 3-bay garage and asphalt driveway, along with a classic bank barn featuring 12 horse stalls in the lower level and extensive storage and open space above, offering endless possibilities for equestrian enthusiasts. There's also a tool shed, an additional horse stall barn with extra storage, and 9.9 acres of fertile fields to use as pasture or just your own personal oasis.

The 3.5-acre pond graces the landscape, perfect for peaceful afternoons by the water, and the expansive yard provides plenty of room for a garden or outdoor activities. Whether you’re looking to start a mini farm, enjoy recreational activities, or simply relish in the privacy of a grand estate, this home offers unparalleled opportunities for convenient living in a serene setting. At one time this property was a renowned show place and today offers the canvas for you to add your personal touches to return it to that state.

Details:

Deeded acres: 25.1 ± acres

Taxes:Taxes/Legal: Wayne County Parcel Numbers 56-00343.000 located in Wooster Township and Triway Local School District. The current annual taxes based on CAUV are $5,539.36 and will be prorated to the date of closing

Lease Status: Farmland lease for 2024/Open tenancy 2025

Possession: At closing

Survey needed?: no

PIDs: 56-00343.000

Lat/Lon: 40.7888, -81.9032

Zip Code: 44691




Fine Print and Legal:
-
A 10% Buyer’s Premium applies to all purchases

- Any desired inspections must be completed prior to bidding. This purchase agreement is not contingent upon the satisfactory state of any inspections required after the date of the auction

- Sellers will provide a marketable deed and convey the property as per terms of the Real Estate Purchase Agreement

- Property Sells “AS IS”

- Property sells subject to articles in the present Deed, Title, and any articles or notices of public record

- Buyer will pay CAUV tax recoupment if any, due and payable after deed conveyance

- Seller, through Seller’s title agency, shall provide to Buyer: Fiduciary Title, The Escrow Agent shall be chose by the Seller, however, if required as a condition of the load, the Escrow Agent shall be chosen by Buyer’s Lender

- Seller shall pay for the cost of the title search, deed preparation and county conveyance fees. Seller and Buyer shall each pay one-half of the Escrow Agent’s standard closing fee. If an owner’s policy of title insurance is selected, the buyer and seller will split the owner’s title insurance 50/50, including, without limitation, the additional cost of the premium for usance of an owner’s policy, the cost of a loan policy, title endorsements, location survey, or other items required by Buyer, or Buyer’s lender. Buyer shall pay for all recording fees. RES advocates the use of title insurance in all real estate transactions.

- Acreage and frontage amounts, including lot markers, are approximate and subject to final survey. (If required)

- RES requires a nonrefundable down payment of 10% of the purchase price at the time of purchase. The sale is not subject to any contingencies for financing.

- Earnest Money Deposit is NONREFUNDABLE; the contract contains no provisions for contingency on financing. In bidding, you are asserting you have the fundings to close. In the event Buyer does not close in compliance wit the terms of this purchase agreement, all earnest money shall be forfeited and paid to the Seller as liquidation damage.

- Buyer agrees to indemnify and save harmless RES, its employees, and agents, from any liability stemming from any incorrect information given or any material information

- Seller fails to disclose whether or not known by the Seller at the time of the execution of the purchase agreement.

- Property sells subject to any announcements made the day of sale.




Auction Location:
2306 Sylvan Road, Wooster, OH 44691
Auction Type:
Reserve
Auction Date:

Real Estate Auction Terms and Conditions

Terms Of Sale

Thank you for participating in this auction. Please familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read and agree to the terms and conditions. By bidding you are representing that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card or paddle number and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder. The successful bidder will be required to execute a Sales Agreement at the conclusion of the auction and submit the appropriate down payment in a timely manner as instructed by the Auctioneer.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. The Broker and Auction Company represent the seller only and do not inspect properties on the bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(ies). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quitclaim Bill of Sale unless otherwise noted in the Disclosures). The current year's taxes are prorated through the day of closing as is customary unless otherwise noted or announced on sale day.

Or in abstract states, the seller shall provide a continuation of the abstract of title thru the date of sale for the buyer or buyers attorney to examine.

The sale of this property may be subject to a Buyer's Premium, which will be added to the high bid and included in the total purchase price. Please see the Auction Day Notes, The Contract for Sale, and/or the Auctioneer for specifics about the property you wish to bid on.

Tracts sold by the acre - The contract will indicate the current acreage, bid per acre and the high bid will be the current acreage multiplied by the high bid per acre. If a survey is required prior to closing that would result in a change to acreage, the contract will be adjusted to that acreage prior to closing and the purchase price will reflect that change in acreage.

If a survey is required, it is typically done immediately following the auction. The per acre bid at auction will then be multiplied by actual surveyed acres to determine the final sales price at closing. The purchase agreement and sales day announcements will identify the party responsible for survey cost.

Each high bidder must sign a purchase agreement and make a 10% non-refundable deposit immediately following the auction to the designated Title Company or escrow agent noted on the Purchase Agreement. Cash, wire transfers, cashier's checks, personal checks and business checks (electronically processed) are accepted. For online only auctions, wire transfers are the preferred method for deposits. Wire instructions will be sent from the escrow agent or title company at the conclusion of the auction or the next day. The balance of the purchase price and all closing costs are due within 30 days unless otherwise noted or announced.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or reschedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding happens quickly. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

For online only sales, click the “Bid Now” button to enter your bid. Be sure to create an account and sign in early so you do not miss the opportunity to bid. You can also enter a maximum bid to allow for bids to be increased by the noted increments up to your high bid. If you cannot log in, feel free to call (217) 922-0811 to reach customer service to register and bid by phone.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All auctions are subject to court or seller approval unless otherwise noted as “Absolute”. Most sales are approved within 2 business days. Buyers are not allowed possession until closing and filing of the deed, at which time the property should be re-keyed if required. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are outbid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Ranch & Farms Auctions, LLC, Whitetail Properties Real Estate, LLC and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of any and all disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

The information contained within is believed to be accurate, but Seller and Auction Company do not warrant any information contained within the description. All lines on maps are approximate and buyers should verify the information. All stated measurements including but not limited to acreage, sq footage, map dimensions, and/or sketches are stated for marketing purpose only unless it is stated that the measurements are verified by an independent surveyor or other source. All measurements shall be assumed to be approximate or more/less and obtained from sources to be considered reliable such as: government tax records, mapping software, assessor’s office records or FSA maps. Legal descriptions may be subject to existing fence/field boundaries. No warranty is expressed or implied as to the exact acreages of property. The purchase price based on these measurements entered on the purchase agreement is final unless buyer and seller have agreed otherwise in writing prior to signing. If exact acreage or square footage is a concern, the Property should be independently measured.

All sale day announcements will take precedence over any and all prior advertising or announcements.

Broker Participation

Buyers Agents who register a winning bidder at this auction may receive a Buyer Broker Participation Fee. Please call for more details. Be advised, not all auctions offer a Buyer Broker Participation Fee.

Disclaimer:Online Bidding

Disclaimer: Online Bidding

Please review the following disclaimer regarding online bidding for our auctions:

Internet Service: Bidder acknowledges that Auction Company, auctioneer, broker, or any other party

involved cannot be held responsible for any issues related to internet service before or during the auction.

Auction Company, auctioneer, and broker do not guarantee the seamless transmission or receipt of bids

placed online in a timely fashion.

Delays and Failures: Bidders should be aware that internet bidding is prone to delays and potential

failures that are beyond the control of the auction company. Bidder acknowledges and agrees that

Auction Company, auctioneer, and broker cannot be held liable for any interruptions or disruptions during

the online bidding process.

Auction Suspension or Cancellation: The Company reserves the sole discretion to suspend, postpone, or

cancel the auction if the internet service is unstable or disrupts the online portion of the event. Such

decisions will be made in the best interest of all participants.

Auctioneer's Discretion: The auctioneer has the sole discretion to accept or refuse any bid. The Auction

Company, auctioneer, and broker may also change the sale order, regroup items, or modify the auction as

needed, without prior notice.

Timely Bidding: Online bidders are encouraged to use the max bid feature and place their bids in a timely

fashion. Waiting until the last minute to place a bid may result in the auctioneer recognizing another high

bidder because your bid may not instantaneously show up.

By participating in the online bidding process, you agree to the terms outlined in this disclaimer. You

release Auction Company, auctioneer, broker, and their employees from any claims, losses, or damages

resulting from interruptions, disruptions, or failures related to online bidding.

Please carefully review and understand the terms and conditions provided by the auction company before

participating in the online bidding process.

Auction Type

Live & Online

Subject to Seller Confirmation

Licensing

IN COOPERATION WITH WHITETAIL PROPERTIES DBA RANCH & FARM AUCTIONS

Jeremy Schaefer, OH Broker for Whitetail Properties Real Estate, LLC, License # 2021003258

Joe Gizdic, Director, Ranch & Farm Auctions, 217.299.0332

Brandon Doty, Ohio Land Specialist for Whitetail Properties Real Estate, LLC, 330.749.4685

Auction will be conducted by RES Auction Services, a licensed Ohio Auction Company

Andrew R. White, Auctioneer for RES Auction Services