Crumley Absolute Real Estate & Farm Equipment Auction
Crumley Absolute Real Estate & Farm Equipment Auction
Saturday, December 21st
Chattels @ 10AM, Real Estate @ 12 Noon
184 +/- Acres – Home & Buildings – Tillable – Recreational – Building Lot – 5 Parcels
Congress Twp – Northwestern Local Schools
Online bidding available at RES.bid for the Real Estate & Equipment.
CLICK HERE TO RECEIVE UPDATES ABOUT THIS AUCTION
Auction held on location at 10767 Congress Rd, West Salem, OH 44287. Located on State Route 539, West of Congress and Southeast of West Salem.
Real Estate: The farm is located just west of the village of Congress with frontage on SR 539. The farm offers 184 acres of fertile, high- percentage tillable land, a solid homestead and set of buildings, and a unique recreational/hunting piece where the family has enjoyed rewarding whitetail hunts and family outings. This is a wonderful opportunity to expand your farming operation, invest in quality real estate, purchase your home and hobby farm, or snag a piece of recreational ground that’s not too large to afford but big enough to get away and play. This will be a great auction and a wonderful finish to 2024, we hope to see you there.
Parcel 1: Consists of 10.3 acres and all the improvements on the farm. The 2-story farmhouse has 2,312 square feet of living space with 4 bedrooms and a full bath. The home is extremely solid and has been well cared for. While it is poised for your updates and personal touches, the woodwork and farmhouse character offer an inviting canvas to call home. Once used as a family dairy, the farm offers several versatile buildings. The bank barn stands tall on a solid foundation, offering ample square footage on both levels. A highly functional shop and several additional buildings allow plenty of space to work on and keep your equipment protected from the weather. This home and buildings could serve several purposes for you and your family.
Parcel 2: 79.8 acres of slightly rolling tillable ground with great access. The land has seen good improvements with spot tiling, natural water ways, and fertilizer applications. It is a rare opportunity to obtain this size and quality of field in one piece.
Parcel 3: A very interesting 22.4 recreational piece. The family has dedicated significant time to this farm, harvesting numerous deer, with most coming from this wooded area. Access to the property comes directly off 539, providing not only the wooded area but also a small pond and an open space, perfect for setting up a cabin, parking a camper, or simply sleeping under the stars.
Parcel 4: Another great agricultural piece consisting of 59 acres of rolling tillable ground with natural waterways, spot tiling, and frontage on 539. Take advantage of the opportunity not only to buy 1 but 2 high percentage tillable pieces.
Parcel 5: The only piece on the south side of 539 containing 15.1 acres of flat systematically tiled, tillable ground. If you're seeking a country setting to build your dream home along with a shop and barn, or this property could be the perfect addition to your existing farmland.
If you're looking for quality farmland or a country property with convenient access, this one is worth a look. Wooster and Ashland are just minutes away, and for those who commute north or south, US 71 is only a minute or two from the property. Grid sampling was just completed this fall and the fertility tests will be available to any perspective purchaser. This will also offer the opportunity for the new owners to capitalize on the section 180 depreciation. Call for details.
Open House and Inspection: Home and barns will be open for inspection Monday, December 9th from 4-5:30 PM. For a private showing, call Seth Andrews, 330-466-5471 or Andy White, 419-651-2152. You can also walk the vacant ground at your convenience.
Terms: We require a non-refundable down payment of 10% of the purchase price at the close of the auction with the balance due in full at closing within 60days. A 10% buyer’s premium will be added to the final bid to determine the final purchase price. The parcels will be offered separately and together and sold how it brings the most. There are no financing contingencies, and the property sells as-is where is based on your own inspections. All inspections need to be completed prior to bidding and the buyer is responsible for any soil tests required by the county or plot plans should you wish to build.
Taxes & Legal: Parcels include 22-00162.000, 22-00163.000, 22-00164.000, 22-00165.000, 22-00166.000 Congress Twp Northwestern Local Schools and Parcels 24-00024.000, 24-00025.000 Congress Village-Congress Twp-Northwestern Local Schools. The current annual taxes on the entire farm based on CAUV are $6755.50 and will be pro-rated to the date of closing.
Possession: Possession of the farm will be at closing.
Title: The sellers will provide a warranty deed with certificate of title at their expense and offer to split the fee for an owner’s policy of title insurance.
Survey: There will no expense to the buyer should the farm sell in pieces and need a survey for transfer.
Mineral Rights: All mineral rights owned by the seller will transfer to the buyers subject to any leases of record.
Seth Andrews, Auctioneer, Broker, 330-466-5471 – Andy White, 419-651-2152 – Drew Turner – Jake White – Steve Andrews – Kade Tegtmeier – Caleb Badger
TERMS AND CONDITIONS
1. Any person who registers or bids at this auction (the “Bidder”) agrees to be bound by these Terms and Conditions and any auction announcements. A bid placed by Bidder will be deemed conclusive proof that Bidder has read, understands, and agrees to be bound by these Terms and Conditions.
- There will be a 10% Buyer’s Premium added to the final bid, which is your final purchase price and the price that is recorded at the county auditor’s website.
- The bidding will be by the acre. Your bid price X the amount of acres rounded to the nearest 10th.
- 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.
- Any county required soil tests and septic plot plans will be at the buyer’s expense.
- 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: Warranty 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 insurance 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 (earnest money) 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 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.
- It is the sole responsibility of Bidder to monitor RES’s website with respect to any updates or information regarding any Real Estate on which Bidder is bidding. Bidder acknowledges that information regarding the Real Estate may be updated or changed on RES’s website at any time prior to the conclusion of bidding and that Bidder has timely reviewed the Real Estate information or assumes the risk of not having done so.
- Once submitted, a bid cannot be retracted.
- The Bidder uses the online bidding platform at their own risk. RES is not responsible for errors or omissions in bid submissions or acceptance. RES does not guarantee the platform’s uninterrupted function, availability, or compatibility with the Bidder’s hardware or software. RES is not liable for any damages resulting from its use or attempted use, including failures, interruptions, or delays.
- In the event that Bidder is the successful bidder, Bidder must immediately execute the Contract for Purchase and Sale and tender a nonrefundable earnest money deposit in the form of cash, check, or immediately available, certified funds and in the amount set forth by RES, by 1:00 p.m. (EST) on the business day following the auction. The balance of the purchase price will be due at closing on the specified closing date. The Real Estate must close within 60-90 days of the date of the auction, or as otherwise agreed to by Seller and Bidder.
- Bidder acknowledges the closing may be delated for reasons beyond the control of Seller, Buyer, or Broker. Delays caused by survey, title issues, county agency approvals, lender processes shall automatically extend the closing date. Bidder agrees to cooperate in good faith to proceed to closing by the closing date or as soon after as practicable.
- RES has the right to establish all bidding increments.
- RES may, in its sole discretion, reject, disqualify, or refuse any bid believed to be fraudulent, illegitimate, not in good faith, made by someone who is not competent, or made in violation of these Terms and Conditions or applicable law.
- Bidder warrants and represents that they are at least 18 years of age and are fully authorized to bid.
