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ABSOLUTE REAL ESTATE AUCTION

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ABSOLUTE REAL ESTATE AUCTION

 HUSTEAD ELEMENTARY SCHOOL

 

NO MINIMUM AND NO RESERVE

REAL ESTATE WILL BE OFFERED IN 4 TRACTS

Buy one, or buy them all!

 FEBRUARY 28, 2015 @ 10:00 A.M.

On-Site @ 3600 Hustead Rd., Mad River Township

Auction Date:  Saturday, February 28, 2015 @ 10:00 A.M.

 

Address:  3600 Hustead Rd., Springfield OH  45502

Clark County Parcel #:  18011000230001018

Description: Formerly used as HusteadElementary school, this property consists of a total of 20 acres. The property will be offered in 4 separate tracts, all located on the north side ofHustead Rd. described below

The survey costs for the entire project are $2,500.00. Buyers will share in these costs at $625.00/ Tract purchased.

 Tract A

This tract consists of a wooded 3 +or– acre lot at the far western edge of the property. The lot dimensions will be approximately 225’ X 581’.  The Clark County Health department HAS APPROVED THE LOT FOR STANDARD SANITATION SYSTEM. APPROVAL ATTACHED TO THIS LISTING.

 Tract B

This property is 13 +or- acres with road frontage of 564’ on Hustead Rd. This tract also features the former school building, parking lot, existing sanitation system and well.

 Tract C

This tract is immediately east of tract B is a 2 +or- acre lot with dimensions of approximately 150’ x 581’. The Clark County Health department HAS APPROVED THE LOT FOR STANDARD SANITATION SYSTEM. APPROVAL ATTACHED TO THIS LISTING.

Tract D

This tract is at the far eastern edge of the property. It is a 2 +or- acre lot with dimensions of approximately 150’ x 581’.  The Clark County Health department HAS APPROVED THE LOT FOR STANDARD SANITATION SYSTEM. APPROVAL ATTACHED TO THIS LISTING.

Lot Size: 20 Acres +or-


Property Map


LEAD AUCTIONEER

Ron Denney
Email Ron

W: 937-572-4468


Basic Terms:

All 4 tracts will be offered individually and in any combination and will sell to the highest bidder(s) on auction day subject to NO MINIMUM AND NO RESERVE.  Property sells as-is with no buyer contingencies for financing. inspections or otherwise. Clean deed at closing with no liens or delinquent taxes. A 10% buyer's premium will be added to the high bid to obtain final contract selling price. Short pro-ration of taxes. Buyer pays all closing costs. Buyers will split survey costs if the property sells to more than one buyer.

Deposit and Closing:

In order to register to bid on the real estate you must bring a photo ID. Successful bidders will be required to complete a sales contract on-site, following the auction and place 10% of the contract purchase price as a non-refundable deposit at that time. Buyers will close with City Title, on or before March 28, 2015.

Realtor Participation:

Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.

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