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Auction Details

40.93 Acre Land Auction

Online Bidding Only

Begins: Wed, Apr 22, 2020 12:00AM

Ends: Tue, May 12, 2020 6:00PM

Location: S. Main St. Fostoria, OH 44830

Auction Description

40.93 Acre Land Auction

Online Auction Ends Tues. May 12th @ 6 P.M.

Fostoria, OH

40.93 Acres +/- * 3 Tracts * Seneca Co.

Tract 1: 24.89 Ac. +/- Cropland in Loudon Twp. not zoned. This tract was tiled in 2010 w/35' laterals.

Tract 2: 6.31 Ac. +/- Cropland in Loudon Twp. not zoned. This tract was tiled in 2010 w/35' laterals.

Tract 3: 9.73 Ac. +/- Cropland Incorporated in the Fostoria City Limits Zoned R3. This tract has a 1 acre +/- restricted use wetland that makes it ineligible for all FSA benefits until the wetland is restored or mitigated. Details in bidder packet. This land may effect FSA benefits on purchasers currently owned acreage. Please read details. Tract was tiled 2012 w/30' laterals. City utilities available.

***USDA Farm Service Agency is showing 43.84 Acres. Previously platted alleys are not calculated in the current tax card total which is 40.93.

Seller reports yields have ranged from: Beans 48-67 bushels per acre and corn 180-237 bushels per acre.

TERMS: Online Bidding Only. Sold by Tracts w/ no combinations. Selling w/Reserve. High bidder will be contacted within 24 hours of auction close. A non-refundable down payment of 10% per tract will be due at acceptance with cash or check, balance due at closing within 45 days. Taxes: Prorated. Possession: After Fall Harvest, at closing if buyer chooses to pay crop input cost or immediate possession with proof of funds for 2020 for buyer to plant.

Pre-Auction Offers Welcome.

Owner: William J. Frankart

Paul Wagner & Mike Watson, Auctioneers
Kristy Gottfried & Ken Lucius, Realtors
WMS Marketing Services
1400 E. Wyandot Ave., Upper Sandusky, OH
Ph: 419-294-4366 -



WMS Marketing Services, LLC
Office: 419-294-4366
1400 E. Wyandot Ave.
Upper Sandusky, OH 43351