DOUCE ABSOLUTE AUCTION

77  ACRES * 6 PARCELS * 2 SETS OF BUILDINGS

PLAIN TWP.  *  WAYNE CO.  *  NORTHWESTERN SCHOOLS 

            Will sell on location 8431 Angling Rd. Wooster, OH 44691.  From US RT 30   4 miles west of Wooster take South Jefferson Rd. south then immediately SW on Angling Rd.  3 miles to farm.  Or coming from the west on US RT 30 turn south onto N. Elyria Rd. then NE on Angling Rd. ½ mile to farm.

WEDNESDAY, OCTOBER 12, 2022

10:00 AM CHATTELS  *  NOON REAL ESTATE

REAL ESTATE:  Some of the best Wayne County has to offer will be sold at absolute public auction on October 12^th at Noon.  Leonard and Nancy have purchased a smaller retirement home and are moving.  They have decided to market their beautiful farm at absolute public auction.

PARCEL 1:  Leonard and Nancy’s residence and outbuildings w/17.3 acres.  The home is an 1864 sq. ft. 3 BR brick ranch built in 1977.  The first floor features the kitchen, DR, sunken living room, 3 Bedrooms w/bath off the master, another full bath, and utility room.  The home has a full basement that is partially finished with a large family room, full bath, and bedroom.  An oversized two-car garage completes the home.  The home has a Williamson dual furnace (Electric/Natural Gas F/A) and central A/C.  The gas is currently provided from an owned well located on parcel 6.  This home has had excellent care and maintenance.  Wooden flooring has been installed in the kitchen, LR & DR areas.  Other floor coverings while in good condition would be better updated.  The home has 6” walls, good windows, and is well insulated.  The shingles are approximately 5 yrs. old.  The outside has some wonderful landscaping and a paved driveway enhances the entrance.  Other improvements include a heated 36’ x 36’ Morton pole building garage/shop and a 38’ x 64’ bank barn w/attached shed.  The land to the east of the buildings is all tillable and US RT 30 is the northern boundary.  The Rover pipeline and an AT&T fiber optic line cross this property east of the Homestead.  This could be your little piece of  Heaven in Wayne County.

PARCELS 2 & 3:  These two parcels are the next two parcels to the east.  Both are 10.3 acres and both have great frontage on Angling Rd.  They are both approved as building sites by the county or they make ideal add on acreage for parcel #1.  Buy one or both, they are good parcels.

PARCEL 4:  A 3.6 Acre parcel with good frontage on Angling Rd.  There are a couple oil tanks that sit on this parcel.

PARCEL 5:  This 4.2 acre parcel is just east of the driveway that leads to the buildings on parcel 6.  A good building parcel with excellent frontage on Angling Rd.

PARCEL 6:  31.6 Acres of land with an older two-story farm house and bank barn.  The land is all tillable outside of the building area.  There is an owned producing gas/oil well on this parcel that will transfer to the new owner.  The well currently provides all the gas to both sets of buildings and produces approximately 80 bbl. of oil per year.  The buyer of this parcel will own the well and receive all the royalties.  The home has been used as a rental for several years but has been well maintained.  The barn has newer siding and is in good physical condition.

OPEN HOUSE:  Both sets of buildings will be open for inspection on Tuesday Eve. September 27^th from 5 – 7 PM.  Other showings are available by appointment.  Call Clarica (Jojo) Meigs at 330-465-7132 – Steve Andrews @ 330-465-8498 – Seth Andrews @ 330-466-5471 – RES Auction Services @ 833-765-3737 or Howard Hanna @ 330-345-2244.

REAL ESTATE SALE ORDER:  Parcel #1 selling by the dollar – Parcel #6 selling by the dollar – Parcels 2, 3, 4, &5 selling choice by the acre.  Parcels 1 – 2 & 3 offered in combination – Parcels 4 – 5 & 6 offered in combination – Parcels 1 – 6 offered in Combination.

REAL ESTATE 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 in approx. 45 to 60 days.  There is a 3% buyer’s premium in effect for this auction.  3% of the highest bid will be calculated and added on to determine the contracted selling price.  There are no financing contingencies.

DEED RESTRICTIONS:

1.      No Mobile Homes

2.      Modular Homes must be on a permanent foundation

3.      No Junk Yards

4.      No large livestock confinement facilities

TITLE:  The sellers will provide at their expense a Warranty Deed w/Certificate of Title.  They will also offer to split the fee for an Owner’s Policy of Title Insurance.

TAXES:  The taxes on the entire farm are $2,446.05 per half year based on CAUV and will be pro-rated to the day of closing on that basis.  Projected approximate taxes on newly created parcels along with CAUV recoups will be posted at the auction.

MINERAL RIGHTS:  All mineral rights transfer to the new owners subject to any leases of record.  The gas and oil well located on parcel 6 is owned by Leonard.  The ownership of this well transfers to the buyer of parcel 6.

SURVEY:  The survey will be completed by R.W. Gassbarre & Associates and will be paid for by the seller.

POSSESSION:  Immediate possession will be given at closing with tenant rights to harvest the growing crop.

LEONARD & EMMA NANCY DOUCE, OWNERS

SETH ANDREWS, BROKER 330-466-5471

JON MAST AUCTION MGR. 330-763-3883

Assisting Auctioneers:

ANDY WHITE & DREW TURNER

www.res.bid

Real Estate Offered In Cooperation with

HOWARD HANNA REAL ESTATE SERVICES

CLARICA (JOJO) MEIGS – CO-LISTING REALTOR

330-465-7132