Productive Ohio Farmland with Woods

Land Description

Notice of Private Sale of Two (2) Tracts of Farm Real Estate by Sealed Bids

Karen D. Duncan, Successor Trustee of the Howard Junior O'Dell Trust Dated March 31, 2004 aka The Howard Junior O'Dell Revocable Living Trust Dated March 31, 2004 shall offer at private sale by sealed bids two (2) tracts of farm real estate described as follows:

Tract 1

Otterbein-Ithaca Rd., Arcanum, OH 45304 Parcel ID: D16-0-00-00-30100

Being 75 Acres situated in the Southwest Quarter of Section Twenty-Four (24), Township Ten (10) North, Range Two (2) East, Butler Township, Darke County, Ohio, including approximately 15 acres of woods and no improvements.

Tract 2

State Route 722, Arcanum, OH 45304 Parcel ID: D16-0-00-00-20102

Being 34.997 Acres bare ground situated in the Northeast and Southeast Quarters of Section Twenty-Five (25), Township Ten (10) North, Range Two (2) East, Butler Township, Darke County, Ohio.

Both tracts are subject to all leases, easements and rights of way of record.

The descriptions of said tracts are available upon request.

Said farm real estate is being offered as follows:

The subject tracts are being sold “As Is”.

The Successor Trustee reserves the right to accept or reject any and all bids.

Said sealed bids may be delivered to the , 2840 Alt. St. Rt. 49 N, Suite B, Arcanum, OH 45304 prior to the date of bid opening or may be submitted on date of bid opening but prior to bid opening. Bidders may bid on separate tracts or on both tracts together. If bidding on separate tracts, bidder shall submit a bid for each such tract. If bidding on both tracts together bidder may submit one total bid for both tracts. All bidders who have submitted sealed bids may be present at the opening of the bids.

Said sealed bids shall be opened on the 5th day of December, 2018, at 10:00 a.m. at which time any bidder may increase his/her bid. Said bids shall be opened at the Arcanum Wayne Trail Historical Society, Inc. Building located at 123 W. George St., Arcanum, OH 45304.

The successful bidder(s) shall execute a non-contingent contract for the purchase of said real estate. The successful bidder shall make a ten percent (10%) earnest money deposit of the purchase price on date of sale. The balance of said purchase price shall be due and payable upon delivery of Fiduciary Deed within thirty (30) days. Successful bidder responsible for 1st half 2018 installment of real estate taxes and assessments which are due in February, 2019 and all such taxes and assessments due and payable thereafter. Seller shall not pay any Cauv Recoupment charges.

Possession of each tract shall be given upon delivery of Fiduciary Deed.

Any statements made on day of sale shall take priority over any statements made in this advertisement.

Bid packets are available at the , 2840 Alt. St. Rt. 49 N. Suite B, Arcanum, OH 45304.