73 Acres Hunting Fishing Recreation Ground in Lockington Ohio

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Lockington Land Auction

Ending Time

May 14, 2015 07:20 PM

When

May 14, 2015 Auction to be conducted at the Houston Community Center Thurs. May 14th 6PM

Where

0 Fessler Buxton Rd. Piqua, OH 45356

How

Live with Online Bidding

Notes

WOW is all we can say about this property. The possibilities are endless. Tillable ground along with abundant wildlife and more than 2,225' of access along Loramie Creek and bordered by State and Conservation ground. If you are looking for the perfect recreation property you have found it.

Auction Info

Terms Map & Directions

Hunting, Fishing & Outdoor Enthusiast's mark the Date!!

Feel Free to walk the property at your leisure. Be sure to bring your fishing pole and camera.

73+- Acres of prime recreation ground to be offered at Public Auction with LIVE Simul-Cast bidding Thursday May 14th. at the Houston Community Center, Houston Ohio.

Property to be offered using the Multi Parcel Bidding Method. Purchase one tract or create your own combinations!

Parcel # 1 43+ Acres with 17 tillable and the balance in wooded ground

Parcel # 2 21+ Acres with 5 tillable and more than 2,250' of frontage along Loramie creek---A campers paradise.

Parcel # 3 more than 5 acres of 16 platted lots with identified streets in the village of Lockington. Great future potential for development or add to Parcel # 2 and build you dream home surrounded by many forms of wildlife.

Property being SOLD to settle the estate of Constance Tatum Shelby County Probate Court Case # 2014-EST-022 Fred Tatum Executor. Joseph Chrisman Attorney for the Estate

Auction Terms and Conditions 
Lockington Recreational Property 
Thursday May 14th. 2015 6:00 P.M. 
Auction conducted at the Houston Community Center 
 
 
Property Description: 
Property is located in and around the village of Lockington, Ohio (Piqua) Shelby County and will be offered in (3) Parcels. 
Tract # 1 Shelby County Parcel # 58-26-29-102-008, to contain 46.230 acres +- 
Tract # 2 Shelby County Parcel #’s 58-26-29-155-002, 58-26-30-200-015, to contain 21.981 acres +- 
Tract # 3 Shelby County Parcel #’s 59-26-29-156-001, 59-26-29-156-003, 59-26-29-156-004, 59-26-29-158-001, 59-26-29-158-002, 59-26-29-158-003, 59-26-29-158-004, 59-26-29-159-001, 59-26-29-159-002, 59-26-29-160-001, 59-26-29-160-002, 59-26-29-160-003, 59-26-29-160-004, 59-26-29-302-001, 59-26-29-303-001, 59-26-29-326-001. Containing (16) Lots in Lockington AKA Lots 125, 126, 127, 128, 129, 130, 131, 133, 134, 135, 136, 137, 138, 139, 140, and 141. Combinations of these lots are 5+- Acres. 
 
AUCTION PROCEDURE: The real estate will be offered using the multi parcel bidding system at a Live auction event with simulcast online bidding on the 14th. day of May at 6:00 P.M. Auction will be conducted at the Houston Community Center, 5005 Russia-Houston Rd. Houston Ohio. 
BUYER’S PREMIUM: A 10% buyers premium will be added to the highest bid to establish the full contract price. For instance if your high bid was $ 200,000.00 + 10% or $ 20,000.00 your total contract price would be $ 220,000.00. 
DEPOSIT: $ 10,000.00 per Tract shall be required the day of the auction as good faith earnest money. Payment may be made in the form of Cash, or Check. This deposit shall be made payable to Re/Max One Realty and will be held in Escrow until successful closing at which time it will be returned to the buyer. 
ACCEPTANCE OF BID PRICES: The successful bidder will be required to enter into a NON CONTINGENT MEMORANDUM OF AUCTION SALE AGREEMENT with the sellers the day of the auction. Your bidding is considered to be a binding contract. 
TITLE: At closing the seller shall convey marketable title to the property free and clear of all liens and encumbrances. If the seller’s title is found to be defective the seller shall have the right to remedy the defect within 60 days. If this cannot be done, then, at the option of the buyer, the deposit shall be returned and the auction sale terminated. 
CLOSING: The full purchase price is due at closing which shall take place no later than June 15th. 2015. 
POSSESSION: Current farm tenant shall retain possession of the tillable acreage for the remainder of the 2015 crop season. Posession to all other areas shall be granted at closing. 
REAL ESTATE TAXES Real estate taxes and assessments shall be pro-rated to the day of closing using the long pro-ration method customary in Shelby County. 
SALE CONTINGENCES: Your agreement to purchase this property is subject to no contingencies of any type including financing. 
 
AGENCY: Re/Max One Realty, Auctioneers and it’s representative’s are exclusive agents of the seller. 
 
DISCLAIMER AND ABSENCE OF WARRANTIES: The property and all fixtures are being sold on an AS-IS WHERE IS BASIS with no warranty or representation, either expressed or implied, concerning the property by the sellers, Broker or auction Company. Buyers are responsible to perform all of their own inspections and have those results satisfactory to their expectations before bidding. 
 
OWNER: The estate of Constance Tatum AKA Connie L. Tatum Shelby County Probate # 2014-EST-022 Fred Tatum Executor. Joseph A. Chrisman Attorney for the estate. 
 
 
 
Justin Vondenhuevel Auctioneer/REALTOR 
Re/Max One Realty Sidney, Ohio 
937-538-6231 
 
ANY ANNOUNCEMENTS MADE THE DAY OF THE AUCTION TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS

Conducted By

Vondenhuevel Auctioneers LLC