163 Acre Huron County Farmland Auction
Monday September 24th 5:30 PM
Auction held next to the farmland at 5438 Section Line Road 21, New London. From New London take State Route 60 north to east on Section Line Road 21. Watch for RES signs.
REAL ESTATE: Located just northeast of New London, this property offers high percentage tillable land with potential for a great long-term investment. Of the total 163.2 acres approximately 125 acres are currently tillable with the ability to add more. The tillable portion is all one field allowing for efficient precision farming. The land is gently rolling offering good surface drainage and with some additional tiling this will make a highly desirable agricultural property. The balance of the land is woods, fence lines, and a small wetland. The wooded acreage offers a good young growth of hardwoods that in future years will add a good return on your investment. The property also offers great wildlife habitat adding to year-round enjoyment of the land. If you are in the market to add to your farming portfolio or looking for a solid long-term investment with great upside potential, this property deserves your attention. Pick up a flyer in the info boxes on the property and walk it at your leisure. Please be respectful to the tenant farmers crops.
Parcel 1: 56 Acres with 929’ of frontage. This parcel offers approximately 41 acres of tillable land with the balance wooded acreage on the back of the property.
Parcel 2: 59.7 Acres of predominately tillable land.
Parcel 3: 47.5 Acres with a high percentage of tillable land. Approximately 39 acres are tillable with woods on to the rear of the parcel.
Taxes/Legal: Property is located in Huron County, New London Township, Parcel #s 250030020380000 and 250030020360000.
TERMS: A 10% non-refundable down payment is due at the auction with the balance at closing within 45 days. A 10% buyer’s premium will be added to the final bid to determine the final purchase price. All desired inspections need to be completed prior to bidding. The property will be offered in 3 parcels and in its entirety and will sell whichever way nets the most for the seller. A complete list of details is available at www.RES.bid.
Auction by order of Margaret and David Loera
Andy White 419-651-2152 – Joseph Mast
Seth Andrews, Broker