ABSOLUTE RACIN AUCTION
79 ACRES OFFERED IN 5 PARCELS
CHIPPEWA SCHOOL DISTRICT - CHIPPEWA TWP. - NE WAYNE CO.
Will sell on location at 18425 Racine Rd., Marshallville OH. From Marshallville
(SR 94) take Fulton Rd. east 3.5 miles to Fraze Rd then north approx.
1 mile to Racine Rd then east to farm.
SATURDAY, NOVEMBER 11, 2006
REAL ESTATE - 11:00 A.M. FOLLOWED BY CHATTELS
kkjOPEN
HOUSE: SUNDAY, OCTOBER 22ND 1-3:00 PM
REAL ESTATE: What
a great auction opportunity. The Racin farm has been in the family for
75 years and now will be offered at absolute auction. Located on a quiet
road in a rural area that once you visit you will see how unique this
farm is. We will be offering the property in 5 parcels. There will be
4 lots ranging in size from 2 acres to 4 acres and approx. 70 acres
with the buildings. The improvements include a large farmhouse, 2 other
small living quarters, garage, machine shed, pole type barn, & open
hay storage. The buildings are not extra fancy but usable. Property
has a storage gas well and does have some free gas. At present, there
is approx. 55 acres tillable ground. Along the south line of the farm
is an 11 acre woods. Parcels will sell separate then offered together
and will sell the way they net the most.
TERMS: A 10% of the purchase price
non-refundable down payment is due day of auction. Balance is due in
approx. 45 days at closing. No Reserves! Taxes will be prorated on a
CAUV basis to the day of closing. They are $2,012 per year. If buyer
changes usage out of CAUV on any parcel, the tax recoupment will be
the buyer's expense. Announcements day of auction take precedence over
printed material. Any desired inspections must be done before bidding
on the property. A fee of $400.00 per parcel will be charged to the
buyer to help with survey & soil work costs. Parcels 2, 3, 4, &
5 will be approved building lots by auction date. All acreage &
lot markers are approximate until final survey. Sellers will split the
cost of a title insurance policy. Any upgrades will be a buyer's expense.
Some general deed restrictions will apply. Also farm sells under Chippewa
Twp. zoning regulations.
AUCTION PROCEDURE NOTE: Parcels
will be offered separately and then offered as a combination. If the
parcels get combined, the buyers holding the bid on the individual parcels
will have one opportunity to raise their bid above the combination price.
If this happens, the parcels are offered together again and if there
is a combination, they will sell as one unit and as one parcel.
FURNITURE - COLLECTIBLES: 16-pane
corner cupboard (no feet-top molding changed); 3 pc. Waterfall bdrm
set; 4 pc. & 3 pc. bdrm sets; sev. other dressers; nice 3 drawer
cherry chest; sm. oak stand; flat top trunk; oak ext. table; set of
chairs; Bachman upright piano; old drop-leaf table; wood butter churn;
sausage stuffer; crocks; New Haven mantle clock; oil lamps; old jars;
sm. 1 door cupboard; misc. glassware; Frigidaire refrigerator; Frigidaire
el. dryer (LN).
'68 LEMANS - BULLDOZER - AC TRACTOR - FARM
MISC.: 1968 Pontiac Lemans (as is-been sitting along time);
1951 AC WD tractor w/ sickle bar mower, AC-WD rebuilt 100 hrs. ago.
Both tractors have been sitting more than running and may need some
TLC. MF D-50 bulldozer w/ 6 way blade (runs-may need some clutch work);
Taylor 12' transport disc (stored in big outdoor shed); 2 btm AC plow;
as is side rake; Yale half ton el. hoist w/ frame; roll copper wire;
milk cans; sausage mixer tub w/ el. motor; Surge milker pail; supply
of farm tools - rakes, shovels, etc.; pile of misc. lumber & some
old barn beams.
NOTE: A brief list of chattels w/
more to be discovered. We will start selling with 2 crews after the
real estate (approx. 12 Noon). One crew will sell tractors and farm
related items and the second crew will sell furniture and household
items.
REG. FOR # W/ POS. ID
TERMS: CASH, CHECK, VISA OR MASTERCARD - A 3% BUYERS PREMIUM CHARGED
BUT WILL BE WAIVED FOR CASH OR CHECK
LUNCH STAND
Auction Conducted For
MARY RACIN TRUST, DAN, DOROTHY, CHARLES & PAULINE RACIN,
DOROTHY SCHAAR, ANN NEILA
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