70-Acre Van Wert County Absolute Tillable Land Auction
2 Parcels – High Percentage Tillable – Good Drainage
70-Acre Van Wert County Absolute Tillable Land Auction
Thursday, September 28th | 5:30 PM
2 Parcels – High Percentage Tillable – Good Drainage
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Auction will be held onsite located on Dog Creek Road, Middle Point, Ohio.
Real Estate: Rare opportunity to own this tillable farm in Van Wert County. Farms in this area just don't come to the public market too often so do not miss out on this once in a lifetime opportunity. At 70+/- acres, this could be a great addition to your existing operation, a 1031 exchange or investment portfolio. This farm sits roughly 8 miles from Van Wert, 6 miles to Ottoville and 10 miles from Delphos. The farm has great county road and State Route access for larger equipment and also provides great building lot opportunities in a highly desired location within the county. With low slopes, this tract is extremely attractive and currently in a soybean-corn rotation. The farm tenancy is open for the 2024 crop year.
Parcel 1: 41.186 +/- acres with 38.79+/- acres tillable. Primary soils are Hoytville silty clay, Nappanee silt loam, and Nappanee silty clay loam. Access is from Rt 224 and Dog Creek Rd. Taxes/Legal: Van Wert Co Parcel # 23-045776.0000 located in Jackson Township. The current CAUV taxes are $767.62 and will be prorated to the date of closing.
Parcel 2: 29.1+/- acres with 22.15+/- acres tillable. Primary soils are Wabasha silty clay loam, Wabasha silty clay and Nappanee silty clay loam. Access is from Dog Creek Rd. Taxes/Legal: Van Wert County Parcel # 23-045772.0100 located in Jackson Township. The current CAUV taxes are $423.54 and will be prorated to the date of closing.
Open House: Pick up a brochure in the info box on the property and walk the land at your leisure. Private showings are available through Travis Kenton, 937-658-0218.
Terms: The successful purchaser(s) will be required to make a nonrefundable down payment of 10% at the conclusion of 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. The purchaser(s) will get possession of the land at closing with the tenant farmer having the right to harvest the planted crops.
Andy White, Auctioneer – Travis Kenton 937-658-0218 – Jeremy Schaefer, Broker
TERMS: The successful purchaser(s) will be required to make a nonrefundable down payment of 10% at the conclusion of 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.
