LAND AUCTION 89 +/- Acres
Just inside the Morrow County line in Peru Township
Thursday, July 23rd at 6:30pm
Auction to be held on site; registration begins at 5 pm.
Joe Karam, 87 yrs., has decided to sell his 89 +/- acres of vacant land, just inside the Morrow Co. line in Peru Township (just N. of Delaware Co.). 16 minutes from I-71 & S.R. 36 & 37 exit. A secluded setting of woods & 51 +/- acres of fallow ground w/ Alum Creek running through it. Breathtaking 40-50' high wall overlooks Alum Creek! Take time to walk & view this versatile property that is full of wildlife. See the remains of the original 1800's farm house & barn. You may view this property at your leisure and at your own risk.
This is a great opportunity to buy LAND!
Directions: From I-71 take St. Rt. 36 & 37 W. 1 mi. to Co. Rd. 10 (N. Old State Rd.) & go N. 8 mi. to Co. Rd. 15; turn right 1/2 mi. to property at 2807 Co. Rd. 15, Marengo, OH. Just 4-5 mi. from I-71 and St. Rt. 61 exit - go S. 1/2 mi. on St. Rt. 61 & turn W. on Co. Rd. 15 to property.
Take time to view this land & arrange your financing.
This property consists of 2 parcels, #M33-001-021-04 & parcel #M33-001-061-00. Combined taxes are $4,750.84/yr. Buckeye Valley School system. The seller's owned mineral rights will transfer to buyer. The past 3 yrs. average is approx. $5,500/yr. w/ the oil wells. The farm ground has been fallow for many yrs., & the woods have been left for timber.
TERMS: 10% down auction day, balance at closing within 45 days. A 10% buyer's premium will be added to the highest bid to establish the purchase price. Any desired inspection must be made prior to bidding. All information contained herein was derived from sources believed to be correct.
The farm will be sold bidder's choice of two tracts. Tract A consists of 66.4 +/- acres and Tract B consists of 23 +/- acres. Both tracts have 75 ft. frontage access on Co. Rd. 15 (West Liberty-Mount Vernon Rd.) High bidder can choose one or both.
Realtor on property: Sat., July 11 - 10 am-11 am.; Thurs., July 16 - 6 pm-7 pm.
Auction by order of Joseph Karam, owner