132+/- ACRES ~ 8 PARCELS
SATURDAY, JULY 12, 2008 @ 10 AM
2266 St. Rt. 60, Loudonville, OH 44842
(Between Hayesville and McKay)
SOLD
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Exquisite Equestrian Estate
132 Acre Horse Farm
Farmland, Woods, Farm House, Horse Barn, Bank Barn, Building Sites
Offered in 8 Parcels and as a Whole
PARCEL ONE: 3.4 Acres with 341’ of frontage on St. Rt. 60. Featuring home site and garage.
PARCEL TWO: 7 Acres with 312’ of frontage on St. Rt. 60. Featuring horse barn, bank barn and outside arena.
PARCEL THREE: 37.8 Acres with 421’ of frontage. Tillable, woods and pond.
PARCEL FOUR: 9.8 Acres with 202’ of frontage on St. Rt. 60. Tillable.
PARCEL FIVE: 2.5 Acres with 202’ of frontage on St. Rt. 60. Tillable.
PARCEL SIX: 3 Acres with 242’ of frontage on St. Rt. 60. Tillable.
PARCEL SEVEN: 3 Acres with 242’ of frontage on St. Rt. 60. Tillable.
PARCEL EIGHT: 65.7 Acres with 200’ of frontage on St. Rt. 60. Tillable and woods.
Approximately 81+/- Acres Tillable, 37+/- Acres Woods,
9 Acres Pasture - Buildings & Home Site
Farm House:
4 Bedrooms;
2 Baths;
Kitchen;
Living room;
2,907 sq. ft.;
Roof less than 3 years old;
Newer windows;
2005 new carpet and new paint;
2001 new furnace and A/C
Security system
40x60 Garage/Workshop:
Insulation;
Heated;
Office Space
Horse Barn:
Built in 2001;
21 stall horse barn;
Overall size 108x200;
Indoor arena 72x200
Tack room;
Feed room;
Wash rack;
Shavings room;
21 automatic waterers;
Fully insulated
Heated stall area;
Air handler in arena;
Lounge with bar (heated and air conditioned);
Half bath;
Security system;
Washer and dryer hook up;
Office or kitchen area;
Small storage shed in back;
Storage area in back of barn;
Loft;
1 full time foaling stall;
1 temporary foaling stall
Outside Arena: 200x200
Bank Barn: 36x74, 2 floors
Pond
TERMS & CONDITIONS
PROCESS: The real estate will be offered in 8 individual parcels and as a whole. The highest net will be submitted to the seller. Auction conducted on sight.
LAND: Most of the land is being farmed and farmer will have rights to harvest crops.
DOWN PAYMENT: A non-refundable down payment of 10% of the purchase price due day of auction with balance at closing.
NO FINANCING CONTINGENCIES: Be sure financing is in order if needed.
PURCHASE CONTRACT: All successful bidders will be required to enter into a purchase contract immediately following the close of the auction. All final bids are subject to the seller’s final approval and confirmation.
CERTIFICATE OF TITLE: A Certificate of Title will be posted for review auction day. The property will be conveyed to purchaser by a marketable title free and clear of all liens and encumbrances whatsoever, except leases, reservations, conditions, easements and restrictions of record, zoning ordinances and taxes not yet payable.
MINERAL RIGHTS: Sale of the property will include any mineral rights owned by the seller.
TAXES: Taxes are $2,476 a half and will be prorated. Any CAUV tax recoupment will be a buyer’s expense.
CLOSING: Closings shall take place within 45 days of final survey approval from Ashland County if survey required by county. If survey is not required the closing shall take place within 30 days.
SURVEY/ACREAGES: Parcel measurements and acreages are based on tax maps and deeds of record. Parcel measurements and acreages are approximate and may increase or decrease subject to final survey. No survey will be done if real estate is sold in a way where a new survey is not required by the county. $400 will be added to each parcel to help defray cost of surveying.
INSPECTIONS: The real estate is not offered contingent to any inspections. All desired inspections must be made prior to bidding. Each potential bidder is responsible for conducting their own inspections.
AS IS WHERE IS: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Contract. The purchase contract is available for review anytime upon request and will
be posted auction day. The property is being offered on an “AS IS WHERE IS” basis, and no warranty or representation either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches, layouts and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting their own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure and other material is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or Dilgard & Associates. All decisions of the Auctioneer are final.
TAX & LEGAL: Parcel #’s 0400350000900 & 0400350001001 in Vermillion Township, Ashland County. The real estate is offered subject to Vermillion Township Zoning and restrictions of record. The sellers will provide a warranty deed. A certificate of title will be posted auction day. Hillsdale Schools.
1031 EXCHANGE: The property may be subject to a 1031 exchange.
NEW INFORMATION: Any announcements auction day take precedence over printed material. Please arrive early auction day to get updated information.
PERSONAL PROPERTY
ANTIQUES, FURNITURE & HOUSEHOLD: Tall Antique Wood Table; Oak Bread Cupboard; Antique Corn Shucker; (2) Couches; (2) Lounging Chairs; End Table; Bedroom Suites; Wood Armoire; Misc. Folding Tables & Chairs; Bar Stools; Bar Equipment; Computer Desk; Metal Desk; Wood Shelving Unit; Misc. Shelving Units; Lg. Custom Built Wood File Cabinet w/Shelving; Misc. File Cabinets; (3) Rubber Cabinets; (2) Concrete Deer Lawn Ornaments; Misc. Wild Animal Mounts; Antique Display Horse Yoke (2) Washing Machines; (2) Dryers; Stove; (2) Refrigerators; (1) Box Freezer; Big Screen TV; (3) TVs; (2) Stereo Systems; Small Handmade Quilts; Miscellaneous Sewing Notions, Antique Sewing Machines, Additional Sewing Furniture; Sewing and Quilting Books; Patio Furniture; Basketball Hoop; Preachers Lifting Bench; Dumbbells & Bar; Elliptical Machine; Dart Board Dale Earnhardt Collector Memorabilia & Clothing
HUNTING ITEMS: Horton Crossbow; Archery Block Targets; Several Clay Target Throwers; Assortment of Tree Stands; Hunting Clothes
TOOLS, SHOP EQUIPMENT & CAR PARTS: Tire Changing Machine; Misc. Power Tools; Drill Press; Misc. ’69 Camaro Parts; Several Ford 9” Gears – Different Gear Ratios; Car Lift; NASCAR Style Pit Cart; Craftsman Tools; Nut & Bolt Bin; (3) Multi Drawer Bin Cabinets; Parts Washer; Pressure Washer; Motor Hoist; Lg. Air Compressor; Sm. Air Compressors; Generator; Lg. Commercial Welder; Misc. Work Tables; Lg. Rolling Cabinet; 300 Gallon Gravity Fed Diesel Tank; Large Crank Fed Gas Tank; Fence Posts; Railroad Ties
TRACTORS & TRACTOR PARTS: 1936 JD AR Tractor; JD 5410 Tractor with 541 Bucket; JD 4500 Compact Tractor; JD 520 Tractor Restored; JD 495 60” Deck Lawn Tractor; TR3 Arena and Landscaping Drag – 6’; Rototiller; Kiser Drag – 10’; Antique Drag; 3 Pt. Hitch Seed & Fertilizer Broadcaster; Claw & Forks for JD 5410 Tractor; JD Brush Hog; 3 Pt. Hitch Scraper Blade; Dump Wagon; Water Wagon w/Gas Water Pump
HORSE & FARM EQUIPMENT: 9 Stand Alone Stalls; Misc. Horse and Miniature Horse Tack; Halters; Blankets; Full Horse Harness; Mini Harness; Rigging Bits; Surcingles; Coral Panels; Miniature Horse Cart; Roping Equipment; Miniature Horse Equipment; Horse Vacuum; Saddle Racks; 10+ Tons 2nd Cutting Premium Alfalfa Hay; Manure Pile; Agricultural Fans; Several Wheelbarrows
TRAILERS: 1997 4 Horse 4-Star Slant Load Horse Trailer w/Tack Room; Boat Trailer That Hauls Up To A 27’ Boat
VEHICLES: 1997 F150 XLT Truck; 4 Cylinder Race Car
Additional Antique and Premium Items Added Before Auction
NOTE: Two forms of ID will be required for all checks. No out of state checks.
Big ticket items will not be released without cash or certified funds. NO EXCEPTIONS!
Owners: Don & Tori Thomas
Auction Conducted By Bill Stepp, CAI Auctioneer/Broker
