Auction will be held on location at 6434 Cleveland Road, Wooster, on the corner of State Route 3 and Hutton Road just north of Wooster. Watch for RES signs.
REAL ESTATE: Located just North of Wooster this property offers great tillable land with unparalleled long-term investment opportunities. The land is mostly open and tillable with slightly rolling terrain offering good surface drainage. The farm also has systematic clay tile for subsurface drainage. A total of 4,400 feet of frontage on State Route 3 and Hutton Road assures the soundness of this investment as the future for commercial and residential development on the north end of Wooster continues to grow. Whether adding to your tillable portfolio or looking for a solid financial investment this property should be at the top of your list. Have your financing in order as the farm sells at Absolute auction with No Minimums and No Reserves.
Parcel 1: 87.9 Acres with 2500’ of frontage on State Route 3 and 1375’ on Hutton Road. This parcel is situated west of State Route 3 and south of Hutton Road. This piece is predominately open and tillable with woods on the south side. With some clearing and drainage added to a creek which transverses part of the property additional tillable acres could be added. An old home site could also be cleared to add usable acreage. Two billboards on this parcel provide yearly income of approximately $2,000.
Parcel 2: 32.9 Acres nearly all tillable. This parcel is situated on the east side of State Route 3 with over 600’ of road frontage and an owned access driveway.
Note: The property will be offered in parcels and as a whole and will sell in the manner that nets the most for the seller. Brochures are available in the info boxes on the property and you may walk the land at your leisure. For additional information or a private showing call Andy White 419-651-2152 or cooperating agent Michelle Kendle, HER 330-466-2175.
FARMING and MINERAL RIGHTS: The successful purchaser(s) will be given farming rights with their down payment auction day. There is a well on the property and all royalties and mineral rights transfer to the purchaser(s) subject to any leases of record.
TAXES-LEGAL: The property is located in Wayne Township, Wooster City School District. Parcel 1 is Wayne County parcel #53-00843.000 with annual taxes being $2,681.08. Parcel 2 is Wayne County parcel #53-00843.001 with taxes $1,164.04 annually. Taxes are based on CAUV and will be prorated to the day of closing.
TERMS: A non-refundable down payment of 10% of the purchase price is due at the auction with the balance at closing within 45 days. A 5% 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. Additional details are available at www.RES.bid.
Auction by order of GW & BI Farm, LLC
Andy White 419-651-2152 – Joseph Mast – Steve Andrews
Seth Andrews, Broker – Michelle Kendle, HER Cooperating Agent