US Rt 36
Urbana, OH 43078

ABSOLUTE PUBLIC AUCTION | 92.6 +/- ACRES OF PRIME DEVELOPMENT - AGRICULTURAL LAND | Thurs. Evening March 11, 2021 @ 4:00 PM Auction Location: 220 Court St. Urbana, Ohio. Urbana VFW Post 5451 Property Location: US Hwy 36 and N. Dugan Road at the East end of Urbana, surrounding the Walmart Supercenter. Offered in 3 tracts via the Wilson Auction Multi-Parcel method, allowing bidding on individual tracts as well as any combination, throughout the entire auction process. However, Tract #3 is landlocked and must be combined with Tracts #1 or #2. NOTE: All 3 tracts are currently under cultivation and consists of primarily Miami silty clay soils with average drainage and generally level topography. The property has been annexed to the city of Urbana and does have water and sewer rights, but taxed as farmland. Tract #1: 14.933 +/- acres, located just west of the Walmart Supercenter with access off Lippencott Lane. This parcel is nearly all tillable with great potential for commercial development surrounded by the YMCA, Shopping Plaza and Walmart Supercenter. Taxes: $407.04 Tract #2: 44.75 +/- acres, located behind the Walmart Supercenter with access off N. Dugan Road. This parcel is also nearly all tillable with the exception of a small area of wetlands and a dry well near Dugan Road, making a very nice agricultural parcel with commercial and or residential development potential. Taxes: $1,164.04 Tract #3: 32.92 +/- acres, located adjacent to both Tracts #1 & #2, this parcel is also nearly all tillable except a small area of wetlands. NOTE: Since this Tract is landlocked this parcel will be offered as a swing tract and can only be sold to an adjacent property owner or in combination with Tracts #1 or #2. Taxes: $815.54 Taxes: All 2020 Taxes to be paid by the sellers. Buyer(s) to pay all 2021 real estate taxes, when due, and assume all CAUV recoupment if applicable. Terms: 10% down day of auction balance due at closing. Possession: Upon receipt of down payment. 2021 farming rights to be transferred to new buyer(s). Owner: Lippencott Family Visit Our Website for More Info. 2% Broker Participation Offered WILSON AUCTION & REALTY CO. 825 N. Main St. Bryan, OH 43506 / 419-636-5500 Toll Free: 866-870-5500 Auctioneers: Brent J. Wilson CAI Wayne M. Wilson CAI, Bart Westfall, Rich Merillat, Ryan Ruble www.WilsonAuctionLtd.com