Wayne County Building Lots Sold to 2 buyers for a total of $178,520 or an average of $14,168 per acre
12.6 Acres, Tremendous Building Lots, 3 Parcels, Congress TWP, Wayne Co., Northwestern LSD, Walk the land at your convenience and risk.
Wayne County Building Lots
12.6 Acres | Tremendous Building Lots|3 Parcels
Congress TWP | Wayne Co. | Northwestern LSD
OnLINE Only Auction
Begins Ending Thursday April 25th at 6:00 PM
Location: Just east of 7021 Ruff Rd. West Salem Ohio, Directions: From West Salem head east on Congress Rd toward south main street, go 2.2 miles then turn left onto Ruff Rd. Then go 1.3 miles and the property is on the left.
Summary: Prime acreage, just east of West Salem near I-71 in Wayne County. Outstanding building sites with ample room for your building plans! Amenities include good frontage on Ruff Rd, different amounts of acreage ranging from 3.5 to 5.1 acres, level topography giving you plenty of options on utilizing diverse options for the property. Don’t miss this exciting offer!
Parcel 1: 4 acres open land with 266’ frontage on Ruff Rd.
Parcel 2: 3.5 acres open land with 234’ frontage on S Ruff Rd.
Parcel 3: 5.1 acres open land with 30’ Access Easement off of Ruff Rd.
Legal: Wayne County Parcel: 22-00914.000 in Congress TWP in Northwestern LSD
Taxes: Taxes are currently $684.96 annually, any CAUV recoupment will be the responsibility of the buyer.
Terms: A 10% Buyer’s Premium will be added to the final bid price to determine contract price. 10% nonrefundable down payment day of sale with the balance due at closing. The sale is not contingent upon buyer securing financing and or any additional contingencies, property sells “AS IS”. Any required inspections must be completed prior to bidding. Sellers to transfer any and all owned mineral rights. Property sells subject to all articles of record. Announcements day of sale take precedence over all previous advertising and statements. Auction will be offered in various amalgamations, including as individual parcels or lots, combinations of parcels or lots, and all parcels or lots. Contact agent for the sale order pertaining to this auction and or see sale order addendum day of sale for more details. Note each sale has a specific order, some and or all terms may apply, contact agent for details.
Sale: By the order of LEM Investments
Kaufman Realty & Auctions, LLC.
330-857-7777
Agent: Stephen Yoder, REALTOR® / Auctioneer
(330) 312-6269 or stephen.yoder@kaufmanrealty.com
Agent: Kevin Lehman, CAI, AMM, Assoc. Broker / Auctioneer
(330) 601-2339 or kevin.lehman@kaufmanrealty.com
10% nonrefundable down payment due within 48 hours of the close of the Auction. No financing or other contingencies. Any required inspections must be completed prior to bidding. All information contained herein derived from sources deemed reliable but not warranted. Sold as is, no warranties written or implied. Property will be sold free and clear of any & all liens and encumbrances. Taxes will be prorated to the day of closing. 45-60 Day closing if sold as a combination. 90 Day closing if sold in parcels, or 30 days following receipt of all administrative, governmental and/or judicial approvals necessary for closing, whichever is later. Time is of the essence.
10% buyer’s premium will be added to determine the final contract price.
Please note that approval is required to bid on this auction. Bidder approval closes one hour prior to the scheduled soft close time. Example…soft close of 7 PM, bidder approval closes at 6 PM. WE STRONGLY SUGGEST YOU COMPLETE THE REQUIREMENTS AND REQUEST APPROVAL 24 HOURS PRIOR TO THE SCHEDULED SOFT CLOSE. Kaufman Realty & Auctions is not responsible for anyone who does not meet the approval time or requirements to bid. Failure to register until the last minute could result in not being approved.
Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions. Successful bidders will deposit 10% of the Contract price in the form of cashier’s check or wire transfer to Kaufman Realty & Auctions. The entirety of the remaining balance is due at closing. Instructions for wire transfer and /or cashier’s check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for wire transfer fees.
Property lines on our maps are approximate. Not a survey.
Contract Documents will be sent by e-mail to the successful bidder must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction.
Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default.
At the close of bidding, the system is set to reset to 5 minutes when a bid is placed within the last 5 minutes and will do so until no one bids during the allotted time.
Buyer's Premium Example:
Bid Price: $100,000
Plus 10% Buyers Premium: $10,000
Total Contract Price: $110,000
Down Payment $11,000
Bid Increments
Bidding is Per Acre at $250 per acre increments.
In a reserve auction, if a bidder's max bid is below the reserve, the system bids on behalf of the seller up to the reserve.
DISCLOSURE: Kaufman Realty & Auctions is acting as Auctioneer/agent and is an agent for the seller only.
DISCLAIMER: Information contained herein is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.
All acreage, square footage and other dimensions are approximate. Subject to final survey.
BUYER/BROKER INFORMATION: Up to 1% Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available. Call for Broker Registration Form or print it from the documents tab for that specific Auction. Must be registered & Approved 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.
By initialing bidder verifies that they have read, reviewed, and agreed to the purchase documents available under the documents tab of this auction. If buyer requires a review of these documents by their counsel, this must be done prior to bidding. In addition, bidder agrees that this bid is a legal and binding contract upon the bidder. It is also understood that a bidder may at some point be outbid but due to combinations of sale may move back into winning position. Therefore, all bids remain valid until the winning bids have been declared. Bids may not be retracted.