61.8 Acre Land & Growing Crop Auction - RES Auction Services

61.8 Acre Land & Growing Crop Auction

61.8 Acre Land and Growing Crop Auction

Thursday, August 25th – 5:30 PM

Wooded and Tillable Parcels – Soybean Crop Sells Separate

Auction will be held on location at 955 Fleming Falls Road, Mansfield

REAL ESTATE: Expanding their operation closer to home we will sell a great piece of real estate with tremendous upside potential.  Located northwest of the US Route 30 and State Route 42 interchange on Fleming Falls Road, this property has diverse options with great long term investment opportunities.  Productive tillable land, awesome hunting and recreational uses, and a location that offers development possibilities make this an offering you don’t want to miss.  In addition you will have the opportunity to have instant return on your investment by purchasing the growing crop just before harvest season. 

Parcel 1: 41.79 acres of predominantly open and tillable land.  The land has had several improvements over the past few years including: tiling and the removal of unnecessary water ways, improved fertility with chicken litter and fertilizer applications, expanded accessibility for semis and large equipment, and the addition of productive tillable ground by removing trees and scrub brush.  This parcel would make a great addition to any tillable land portfolio or build your Gentleman’s farm and be self sufficient. 

Parcel 2: 20 Acres of wooded opportunity.  Suited for convenient afternoon hunts or the perfect spot for your dream home in woods this parcel is a hidden gem.  For you hunters, a quick look at a map will show why this woods has a long standing history of successful hunts.  The location provides a direct traffic corridor and minimal hunting pressure on the impressive deer herd will nearly bring them to you on a lead rope.  Recent sightings also show the quality of bucks coming for this fall.  For those of you wanting to build in seclusion yet have easy access to a wide array of amenities, this parcel should be at the top of your list. 

          Parcel 3: The soybean crop! The work has been done and if mother nature continues to cooperate, the yield has potential to be outstanding.  The Golden Harvest GH3132e3 treated beans were planted and preemerged sprayed on May 21st at a population of 150k per acre in 15 inch rows.  Just prior to flowering 3 gallons of 3-18-18 was applied then on July 26th an additional 4 gallons per acre of 3-18-18 was applied, as well as Top Guard, Lam Cap 11, and Pro Trio.   Last year the corn yield was over 225 bu/acre so the existing fertility and added nutrients should allow for a great yield.  Walk the land, make your yield estimates and be prepared to purchase this unique offering.

 

INSPECTION: Pick up a flyer in the info box on the property and walk the land at your leisure.  Private showings are available through Andy White 419-651-2152.

TERMS: The successful bidder(s) will be required a non-refundable down payment of 10% of the purchase price at the auction with the balance due at closing within 45 days.  Full payment of the soybean crop will be due within 14 days of the auction.  A 10% buyer’s premium will be added to the final bid to determine the final purchase price.  All desired inspections need to be completed prior to the auction. 

TAXES: Richland County parcel 0250905301000, Madison Local Schools, annual taxes based on CAUV are $966.24 and will be prorated to the day of closing.

Andy White 419-651-2152 – Joseph Mast – Drew Turner – Jake White – Steve Andrews

Seth Andrews, Broker

TERMS: The successful bidder(s) will be required a non-refundable down payment of 10% of the purchase price at the auction with the balance due at closing within 45 days.  Full payment of the soybean crop will be due within 14 days of the auction.  A 10% buyer’s premium will be added to the final bid to determine the final purchase price.  All desired inspections need to be completed prior to the auction.