Hobby Farm In Wayne Co OH - 6.5 Acres

AuctionPending

6.5 Acres / Wayne County, OH

Live Auction Only

Auction Date: 10/02/2024 Auction Time: 5:30 PM ET

Auction Venue Location: On-Site, 7830 Cleveland Road, Wooster, OH 44691

Open House Dates and Times: 9/18/24 from 4:30 - 6:00 PM

Open House: The property will be open for inspection on Wednesday, September 18th, from 4:30 to 6:00 PM. Private showings are available through Jeremy Schaefer, 216-406-3757, or Brandon Doty, 330-749-4685.

This property is being auctioned by RES Auction Services in cooperation with Whitetail Properties Real Estate, LLC

Entire Farm Description:

This charming farmhouse offers the perfect blend of classic appeal and modern updates. Situated on 6.5 ± acres with frontage on both Cleveland Road and Fox Lake Road. This property is in a prime location, with plenty of space and features that make it ideal for a wide range of interests.

Step inside the cozy, yet spacious home, where the farmhouse aesthetic shines through with accents of old wood and rustic charm. The kitchen boasts abundant cabinet space, a brand-new dishwasher and a microwave that will be installed by the sale date. A broom cabinet in the kitchen provides extra convenience. The living room and dining room are perfect for gathering and relaxing. The bathroom features a shower and bath duo along with washer and dryer hookups, blending functionality and style. Upstairs, you’ll find three comfortable bedrooms, each with plenty of natural light and character, providing a cozy retreat for family or guests.

Comfort is ensured with central air, natural gas and a new metal roof installed in 2024. Additional updates include siding replaced in 2023 and an updated water softener with a UV system. Enjoy outdoor living on the 8’x 17’ back deck or the covered front porch, perfect for unwinding. Bring your cosmetic ideas and add to the list of amenities that have already been updated.

Equestrian enthusiasts will appreciate the property’s expansive outbuildings. The 50’ x 20’ two-level flat barn, featuring sturdy construction, includes built-in stalls perfect for 4-H projects and ample storage space. Electricity and an office area are already in place. The 60’ x 30’ horse barn offers 10 stalls, concrete floors and electricity, providing a comfortable and efficient setup for your animals. Additionally, a 26’ x 20’ building offers great storage options.

Pasture space with water access, along with a productive hay field, makes this property even more versatile and ready for your farming needs. With a combination of modern comforts and the ideal setup for both small farming operations and hobbyists, this property offers endless possibilities in a convenient rural setting.

Don’t miss out on this well-maintained, move-in-ready property that perfectly balances character, convenience and room for your family!

Details:

Deeded acres: 6.5 ± acres

Taxes: The current annual taxes are $2,220.34 and will be prorated to the date of closing

Lease Status: Farmland lease for 2024/Open tenancy 2025

Possession: At closing

Survey needed?: No

Brief Legal: Wayne County Parcel Numbers 53-02041.000 & 53-01106.000 located in WayneTownship and Wooster City School District

PIDs: 53-02041.000 & 53-01106.000

Lat/Lon: 40.8951, -81.91716

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 chosen 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 funding to close. In the event Buyer does not close in compliance with 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.


    • Great Frontage

    • Multiple outbuildings

    • Nice farmhouse with updates

    • 60’x30’ horse barn with 10 stalls and concrete floors

    • Pasture space with water access

    • Small hay field

    • 10% Buyers Premium

    Auction Location:
    7830 Cleveland 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 Auction Only

    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

    Jeremy Schaefer, Ohio Land Specialist for Whitetail Properties Real Estate, LLC, 216.406.3757

    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