Rare opportunity to own this tillable farm in Van Wert County. Farms in this area just don't come to the public market too often so do not miss out on this once in a lifetime opportunity. At 70+/- acres, this could be a great addition to your existing operation, a 1031 exchange or investment portfolio. This farm sits roughly 8 miles from Van Wert, 6 miles to Ottoville and 10 miles from Delphos. The farm has great county road and State Route access for larger equipment and also provides great building lot opportunities in a highly desired location within the county. With low slopes, this tract is extremely attractive and currently in a soybean-corn rotation. The farm tenancy is open for the 2024 crop year.

Tract 1 Description:

41.186 +/- acres with 38.79+/- acres tillable. Primary soils are Hoytville silty clay, Nappanee silt loam, and Nappanee silty clay loam. Access is from Rt 224 and Dog Creek Rd.

Details:

Tract #: Tract 1

Deeded acres: 41.186+/- acres

FSA Farmland Acres: 38.79+/- acres

Soil Types: Hoytville silty clay, Nappanee silt loam, and Nappanee silty clay loam

Taxes: 767.62

Lease Status: Open Tenancy for 2024 crop year

Possession: Immediate possession subject to current tenant's rights for 2023

Survey needed?: No survey is needed

Brief Legal: NW S 30 T1S R4E Van Wert Co, OH

Lat/Lon: 40.9302, -84.4543

Tract 2 Description:

29.1+/- acres with 22.15+/- acres tillable. Primary soils are Wabasha silty clay loam, Wabasha silty clay and Nappanee silty clay loam. Access is from Dog Creek Rd.

Details:

Tract #: Tract 2

Deeded acres: 29.1+/- acres

FSA Farmland Acres: 22.15+/- acres

Soil Types: Wabasha silty clay loam, Wabasha silty clay, Nappanee silty clay loam.

Taxes: 423.54

Lease Status: Open Tenancy for 2024 crop year

Possession: Immediate possession subject to current tenant's rights for 2023

Survey needed?: No survey is needed

Brief Legal: NW S 30 T1S R4E Van Wert Co, OH

Lat/Lon: 40.9267, -84.4483

Property Features:

- Onsite bidders should bring a government-issued ID

- 10% down payment immediately after auction - cash, personal, or business checks accepted

- If the winning bid is online, you will be immediately contacted to make arrangements for the 10% down payment and a purchase contract will be sent via DocuSign

- High bidder has 30 days to close unless otherwise noted

- Announcements on auction day will take precedence over any prior announcements

- This is a no contingency sale and is not subject to financing or additional inspections

- Possession at closing, subject to tenant’s rights, if any

- If a survey is needed it will be done following the auction and the total purchase price will be adjusted to the surveyed acres

- All information provided is derived from sources believed correct but is not guaranteed or warranted - Bidders shall rely entirely on their own information and judgments

- Low sloped

- Well drained

- Tiled

- Great road frontage for equipment access and building opportunities

- Ideal acreage for adding to existing operation

- Great location in the county for building home

- Highly demanded school district

- Rare public offering within Van Wert County

- Open tenancy for 2024