LEXINGTON 99-ACRE ABSOLUTE FARM AUCTION - RES Auction Services

LEXINGTON 99-ACRE ABSOLUTE FARM AUCTION

LEXINGTON 99-ACRE ABSOLUTE FARM AUCTION

Tillable and Wooded Land – Home & Buildings – Building Lots Lexington Schools - Offered in 5 Parcels

The auction will be conducted online with all bids placed online. If this is an issue or you have questions, please call Andy White (419) 651-2152. If you plan to bid, please set up an account and get comfortable with the system BEFORE Saturday morning. 
 
Property address:  7078 County Road 47, Lexington. From Lexington take Lexington Steam Corners Road west to State Route 314 then south to right on County Road 47 or from US Rte. 42 take 314 north to left County Road 47. Watch for RES signs. Pick up a brochure, walk the land at your leisure.

REAL ESTATE: Situated in the highly desirable Lexington School District, the High Family farm offers predominately tillable land with a good homestead. Of the total farm approximately 80 acres is currently tillable and pasture. The balance of the acreage is woods and wildlife habitat. Situated in the middle of the farm well off the road, the home and buildings offer an ideal setting. Amenities of the two-story home include the kitchen, dining room, family room, full bath, possible bedroom, and laundry on the first floor. The upstairs features 3 bedrooms as well as a full bath. The home could use updating but offers a good base and farmhouse character. Additional features include an attached 3 car garage, propane heat, and central air. Improvements on the property include a 60’x80’ pole building used for livestock and 40’x70’ pole building used for equipment storage. The buildings have had recent updates and provide a variety of uses. If you are looking for a good gentlemen’s farm, tillable ground, wooded hunting land, or a building lot in Lexington School District this property should be at the top of your list. The farm will be offered in parcels and as a whole selling to the highest bidder with No Minimums and No Reserves.
Parcel 1: 10.3 Acre lot ideal for your get away dream home. This parcel offers enough open land on the front for your home and pasture and a wooded wildlife sanctuary in the back.
Parcel 2: 45.4 acres nearly entirely open and tillable. The land is open and rolling with good surface drainage and some tile.
Parcel 3: The home, buildings, and 12.4 acres of open land. Add this to any of the adjacent parcels for a true Gentleman’s farm.
Parcel 4: 5-acre open building lot.
Parcel 5: 26 acres of good open land with woods to the rear.
Selling Order: We will offer parcel 3 first then parcels 1,2,4, and 5 choice by the acre. Once an individual is established on each parcel, we will the offer the farm in its entirety.
OPEN HOUSE: The home and buildings will be open for inspection on Monday March 16th from 4-6 PM. Private showings are available through Andy White 419-651-2152. You may also pick up a brochure in the info box on the property and walk the land at your leisure.
TAXES – LEGAL: Property is Morrow County parcel #P38-001-00-126-00 and #P38-001-00-124-00, Troy Township, Lexington Schools. Current taxes are $5,543.92 per year and will be prorated to the day of closing. Any CAUV recoupment will be at the buyer's expense. Successful purchaser’s will be given the right to farm prior to closing if weather permits.
TERMS: A non-refundable down payment of 10% of the purchase price is due at the auction with the balance due at closing within 45 days. A 5% buyer's premium will be added to the final bid to determine the purchase price. All desired inspections need to be completed prior to closing. Additional information is available at www.RES.bid.

Auction by order of The High Family Trust – Kathryn Joan High, Trustee 

Lexington, Lexington,
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