ABSOLUTE
MARTIN REAL ESTATE AUCTION
161 ACRE FARM - 10 PARCELS

WOODED & OPEN BUILDING SITES
SEVERAL TILLABLE PARCELS

CHESTER TWP. * WAYNE CO. * NORTHWESTERN LSD

For your convenience and comfort the auction will be held at the RES Auction Facility 375 Fry Rd. Wooster, OH. The farm is located NW of Wooster, OH or south of Congress at the intersection of SR 539 and W. Smithville Western Rd.

WEDNESDAY, MARCH 31, 2021
6:00 PM

REAL ESTATE: The farm owned by the Estate of Robert M. Martin presents multiple opportunities to purchase all or part of a truly good Wayne Co. farm. There are no buildings – all vacant land parcels with tons of frontage and great access.

PARCEL 1: A 5.6 Ac beautiful open building lot w/645’ of frontage on SR 539. A well elevated parcel that will provide good drainage and a choice homesite.

PARCELS 2 & 3: 15.3 & 8.2 Acre open tillable tracts with 869’ and 1061’ of frontage on the east side of SR 539.

PARCEL 4: 56.1 Acres of tillable land w/1352’ of frontage on SR 539 & 919’ of frontage on Smithville Western.

PARCEL 5: 33.6 Acres of tillable land w/777’ of frontage on Smithville Western Rd. that joins parcel 4 to the west.

PARCEL 6: 16.3 Acres of tillable land that lies at the corner of Smithville Western and Firestone Rd. 1057’ of frontage on Smithville Western and 797’ of frontage on Firestone.

PARCELS 7, 8, 9, &10 are all super wooded lots with frontage on Firestone Rd. Acreage run from 5.3 to 8.1 acres and frontages from 212’ to 624’. These lots will be pre-approved for septic systems.

DEED RESTRICTIONS: All parcels will be restricted as follows

1. No Mobile Homes
2. Modular Homes must be placed on a permanent foundation
3. There are to be no large confined livestock feeding facilities constructed on any parcel.
4. No Junk Yards

METHOD: The farm will be offered in parcels and in various combinations and will sell to the high bidder the way it brings the most.

TAX & LEGAL: Parcel Numbers 10-00662.000, .001, .002, .003, .004, & .005. The farm is taxed on CAUV values and total $ 1,020.31 per half year. The taxes will be pro-rated to the day of closing on this basis. For any parcels that no longer qualify for the CAUV reduction, the buyers will be responsible for the CAUV recoupment. These amounts will be estimated and posted at the auction. The sellers will provide a Fiduciary deed with certificate of title at their expense and will offer to split the fee for an Owner’s Policy of Title Insurance.

TERMS: We require a non-refundable down payment of 10% of the purchase price at the close of the auction with the balance to be paid in full at closing within approximately 45 – 60 days. Purchasers buying tillable tracts will be given the right to farm with the down payment. Possession of all other tracts will be at closing.

MINERAL RIGHTS: All mineral rights owned by the sellers will transfer to the new buyers subject to any leases of record. The land is currently leased and has producing oil/gas wells. The royalty from the production will be split on a per acre basis.

SURVEY: All parcels will have a new survey.

OPEN: Auctioneer/Agents will be on site to answer questions on Tuesday afternoon March 16th from 4:00 til 6:00 PM. Feel free to inspect the land at your convenience. Brochures with an aerial map are available at the farm or can be printed from the website www.res.bid

Auction By Order Of
JENNIFER GUENTHER RICKETT, EXECUTOR
The Estate Of
ROBERT M. MARTIN
Wayne Co. Probate Case No. 2020 PBE 000757
BRIAN BARNARD – ATTORNEY FOR THE ESTATE



www.RES.bid
Steve Andrews 330-465-8498
Seth Andrews, Broker 330-466-5471