LAND

-AUCTION-

Sept 10, 2022

Sale Time- 10AM

Auction conducted at the Pleasant Twp Fire House

The following vacant land Parcels totaling 72+/- acres will be offered by Public Auction. Each Parcel is located on Sheridan Dr at the northern edge of Lancaster, OH (Pleasant Twp/Fairfield County). Parcels are south of Rainbow Dr. Auction will be conducted at the Pleasant Twp Fire house located at SR188 & Coonpath Rd.

Parcel 1 (Tax ID-0270035930)- Consists of approximately 29.51+/- acres on the east side of Sheridan Dr & borders the new Thomas Ewing school. This parcel is vacant farm ground currently zoned R-3 Multi Family.

Parcel 2 (Tax ID-027003900)- Consists of approximately 21.93+/- acres also on the east side of Sheridan Dr & adjoining Parcel 1. This parcel is vacant farm ground currently zoned R-3 Multi Family.

Parcel 3 (Tax ID-0270035920)- Consists of approximately 21.28+/- acres on the west side of Sheridan Dr. This is a wooded parcel currently zoned R-1 Sgl Family.

All 3 Parcels are located in Pleasant Twp. Parcels will be offered individually, in combinations & as a whole- selling in whatever manner brings the highest bid. Contact us for complete details & terms.

TERMS: $10,000 deposit sale day on each parcel or $30,000 if sold as a whole. Balance due at closing within 45 days. Sells “as is” in all respects & subject to Trustee confirmation. Contact us for complete details & terms.

Auctioneers Note- We are honored to be asked to conduct this Real Estate auction. This land has been owned the Shull family for many decades. This rare offering of land has many potential uses other than farm ground. We invite you to study what this opportunity has to offer. Please call us if you have any questions. Contact us for a copy of our flyer with additional info & terms.

Paul & Clara Shull Revoc Lvg Trust

Jeffrey Shull- Trustee

Marketed by:

EDGE Properties & Realty

Baltimore, OH

Doug Leith- Auctioneer/Agent

740/215-1952

LAND AUCTION

72+/- Acres

SEPTEMBER 10, 2022

                           SALE TIME: 10AM             SALE SITE: Pleasant Twp Fire House

PARCEL INFO:

Parcel 1- (Tax ID- 0270035930) consists of 29.5+/- acres & has frontage on the east side of Sheridan Drive. The new Thomas Ewing school borders this parcel at the north. There is a drainage ditch on the east of this parcel. Soil types are mostly Amanda silt loam, Thackery silt loam & Westland silty clay loam. Currently zoned R-3 Multi Family. Taxes are currently approximately $323.39 per half.

Parcel 2- (Tax ID- 0270035900) consists of 21.93+/- acres & has frontage on the east side of Sheridan Drive. Parcel 1 borders the north side of Parcel 2. Like Parcel 1, a drainage ditch borders the east side. Soil types are mostly Amanda silt loam, Thackery silt loam & Gallman silt loam. Currently zoned R-3 Multi Family. Taxes are currently about $238.27 per half.

Parcel 3- (Tax ID-0270035920) consists of 21.28+/- acres & has frontage on the west side of Sheridan Drive. Wacker borders this parcel to the west & southwest. This wooded parcel is directly across from Parcels 1 & 2. Soil types are mostly Loudonville-Steinburg complex, Amanda-Loundonville complex & Amanda silt loam. Currently zoned R-1 Sgl Family. Taxes are currently approximately $37.23 per half.

BIDDING PROCEDURE & TERMS TO KEEP IN MIND:

1-         These Parcels will be offered individually, in combination & as a whole- selling in whatever manner realizes the highest dollar. Any future 

             zoning change is responsibility of Buyer.

2-          All bidding is open & public. You or your representative must register prior to auction.

3-          Trustee will have the opportunity to accept or reject the highest offer after receiving the signed “Offer to Purchase” contract. Trustee

             reserves the right to accept or reject any & all offers.

4-          Minimum bid increment are at the discretion of the Auctioneer.

5-          $10,000 deposit required per Parcel or $30,000 if sold as a whole at conclusion of auction. Money is non-refundable if buyer fails to close

             within the terms of the contract. Sale is not dependent upon financing or any other contingencies. Deposit will be returned to successful

             Buyerat closing.

6-          Balance of purchase price due at closing within 45 days from acceptance.

7-          Your bids are to be based solely upon your inspection. Property is being sold “as is” in all respects without warranties & subject to Trustee

             confirmation. Property is available for any inspections potential Buyers want to conduct prior to auction.

8-          Property taxes will be pro-rated to day of closing. Tenant crop rights will be recognized with Buyer possession after current soybean crop

             is harvested this fall on Parcels 1 & 2. Possession on Parcel 3 will be at closing.

9-          Trustee will provide clear & marketable deed. Any inspections, title insurance or survey (if required) are responsibility of Buyer.

10-        Sells subject to all valid recorded easements, restrictions & right of ways.

11-        The only additional closing costs to Seller will be deed preparation, county conveyance fee & any filing fees associated towards Seller.

12-        Auctioneers/Agents represent the Seller. No Buyers Premium will be charged to Buyer. Announcements made sale day shall take precedence.

Marketed by:

EDGE Properties & Realty

Doug Leith-Auctioneer/Agent

740/215-1952