Licking County Home & Buildings, Tillable Land Absolute Auction

LICKING COUNTY HOME & BUILDINGS, TILLABLE LAND, AND MASSIVE PERSONAL PROPERTY ABSOLUTE AUCTION

Friday November 4^th

Personal Property 10 AM – Real Estate 12 Noon

Ranch Home on 5.8 Acres – 67.2 Acre Tillable Tract

Auction held on location at 11841 Midland Oil Road, Glenford.  Located 2 ½ miles south of US Rte. 40.  Watch for RES signs.

Real Estate: Located in Licking County’s beautiful countryside, this property offers great upside potential with a convenient location.  Selling to the highest bidder is a good ranch home with outbuildings and 67 acres of predominately tillable land.  The property will be offered in 2 parcels and not combined, selling to with NO Reserves.

Parcel 1: Situated on 5.8 acres, this ranch home was built in 1961 and features over 2,300 square feet of living space.  On one end of the home, you will find the kitchen and dining room, a full bath with laundry room, and a great family room.  The family room offers a kitchenette/bar, wood burning stoves, a built-in hot tub, and awesome views overlooking the backyard and rolling countryside.  A living room with built-in bookshelves separates the family room from 3 bedrooms and an additional full bath.  Additional amenities include a 3-car attached garage with a kitchen area used for canning, replacement windows, and a standing seam metal roof.   While touring the home, Bob’s woodworking skills are very evident with the several different wood accents along with rustic wood walls and ceilings. The home is heated by a boiler system and offers an outdoor wood burner that with a good service could be used again as the heating source.  The home does have a full walkout basement that currently has some water intrusion.  Structurally the home is extremely sound and is ready for your cosmetic updates and personal touch. 

Outside you will find several outbuildings with a variety of uses.  In what was once a poultry building, now provides a great building for Bob’s woodshop, sawmill, as well as lumber and equipment storage.  A pole building was added in 2013 with partial concrete floors and lean-tos on both sides.  The 5.8 acres is open allowing great space for all your toys and pasture for your livestock.  This parcel also offers an oil well and tanks that transfer with the property. 

If you are a real estate investor or a home buyer that has been looking for that country property with a world of upside potential, this property deserves your attention.  Taxes: Licking County parcel 003-004848-00.00, annual taxes are currently $3,350.20 and will be prorated to the day of closing. Property is in Northern LSD.

Parcel 2: Located just down the road from the home parcel, this property offers 67.2 acres of open and mostly tillable land.  This acreage offers good access from a gravel driveway and would make a great addition to anyone’s tillable land portfolio.  The land is rolling on front side with locations to build your dream home with tremendous views.  The rear of the property flattens with a few acres in the flood plain.  Be sure to look at this offering as you will like what your dollars will buy here.  Taxes: Licking County parcel 003-003780-00.000, annual taxes are $626.10 based on CAUV.

Open House:  The home and buildings will be open for inspection on Tuesday, October 25^th from 5-6 PM.  Private showings are available through Frank DiMarco, 740-393-1001.

Terms: The successful purchasers will be required a 10% non-refundable down payment at the auction with the balance due at closing within 45 days.  A 10% Buyer’s Premium will be added to the final bid to determine the purchase price.  All desired inspections need to be completed prior to bidding.  Additional details are available at www.RES.bid.

Auction by order of The Phyllis J Daugherty Trust, Robert Daugherty Trustee

Frank DiMarco 740-393-1001 – Andy White 419-651-2152 – Jake White – Drew Turner – Mary Hartley – Adam Welch – Keven Teets – Seth Andrews, Broker