FOR SALE AT PUBLIC AUCTION

160 +/- ACRES • CLYDE, OHIO

AUCTION DATE: Tuesday, March 17, 2026, at 4:00 PM

PROPERTY LOCATION: 0 County Road 175 (S. Ridge Rd.), Clyde, OH.

(From Clyde: Go South on State Route 101 to County Rd 175 (S. Ridge Rd). Turn Right and go 1 Mile to property on the right. Signs Posted.)

SALE LOCATION: Bill Frankart Farm – 7731 Township Rd 32, Clyde, OH

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INVESTMENT OPPORTUNITY

Whether you are looking to expand your current farm operation or invest in a land portfolio, we are pleased to offer this 160-acre farm at public auction.

Farm Specifications:

• Total Acreage: 160 +/- Acres (Approx. 140 Tillable, 20 Wooded)

• Productive Soils: Hoytville Clay Loam, Kibbie Fine Sandy Loam, Tedrow-Dixboro Complex, Belmore Loam, and Nappanee Silt Loam.

• FSA Base Acres: 66.75 Corn / 66.75 Soybeans.

• Possession: Farming rights transfer to the buyer at closing.

Terms & Conditions:

• Confirmation: Property sells with Trustee confirmation on the day of sale.

• Deposit: 10% non-refundable deposit required day of sale.

• Closing: Balance due by April 30, 2026, in a form acceptable to the title company.

• Taxes: Property is in CAUV; taxes pro-rated off current CAUV value. Seller will pay no CAUV recoupment.

OWNER: Merritt Kracker, Successor Trustee of The Nancy L. Liming Family Trust

AUCTIONEER:

Chip Carpenter

United Country Real Estate and Auction Services, LLC

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United Country Real Estate and Auction Services, LLC 

Chip Carpenter Broker/Auctioneer

740-965-1208 or 614-206-1135

Owner: Merritt Kracker Successor Trustee

TERMS AND CONDITIONS

Pursuant to the pre-auction sale bills and applicable law, THESE TERMS AND CONDITIONS REPLACE AND SUPERSEDE ALL PRIOR TERMS AND CONDITIONS OF ANY NATURE, WHETHER WRITTEN, VERBAL, OR OTHERWISE.  IT IS THE BIDDER’S RESPONSIBILITY TO BE FAMILIAR WITH THESE TERMS AND CONDITIONS.  By registering for this auction and placing a bid, bidder acknowledges that these terms and conditions have been disclosed to bidder, and bidder agrees to be bound by these terms and conditions. Property sells subject to Trustees confirmation day of sale. 

1.          Buyer to pay a Ten percent (10%) NONREFUNDABLE down payment upon execution of the purchase agreement, to be applied on the purchase price at closing, or retained by Seller if the closing does not occur. Balance of purchase price is due in cash at closing which shall occur on or before April 30, 2026 .  Real estate taxes shall be prorated to the day of closing based upon the most recent available tax rate and valuation. All tax pro ration shall be final at the time of closing. Seller will not pay CAUV recoupment. Survey:  The survey will be at the Seller’s expense and any issues regarding the survey will be at the Seller’s discretion. Seller will pay for conveyance fee, owner’s policy of title insurance from a title agency of Seller’s choosing, Seller's portion of title agency closing fee not to exceed $300.00 dollars, and fiduciary deed preparation only. Closing and title commitment to be by Kenneth J. Molnar Attorney.   Seller will pay no other closing costs.  The owner’s policy of title insurance shall contain all standard exceptions, as listed in the title commitment. 

2.          All real property and improvements are selling in their present “AS IS” condition with no warranties expressed or implied by Seller or Seller’s agent.  No representations have been made by Seller or Seller’s agent with regard to fitness of the real property or improvements for a particular use or any particular Buyer’s development plans. It is Buyer’s responsibility to have any inspection Buyer desires completed prior to auction.  It is the Buyer’s responsibility to pay for and obtain any and all due diligence inspections and inquiries as to feasibility of Buyer’s intended development plans prior to bidding. United Country Real Estate and Auction Services, LLC, and all agents associated, represent only the Seller in this transaction.  Successful Buyers shall sign an agency disclosure form acknowledging that United Country Real Estate and Auction Services, LLC and its associated agents are working on behalf of the Seller.

3.          All prospective Buyers who desire to participate in the auction must register the day of sale prior to bidding and must then provide such personal information as requested by the auctioneer.  Realtor cooperation is welcome; however, you must register your clients 48 hours prior to sale with an agency disclosure, show them the property and attend the auction co-op commission is 2%.  No exceptions.  If registered less, then 48 hours co-op commission is 1%.  .

4.          Each successful bidder will be required to immediately execute the posted purchase contract, and deposit with the auctioneer the down payment described above.  In case of conflict with these terms and conditions, the terms and conditions in the signed contract control the transaction.

5.          Please view the posted title commitment for any questions on easements, rights of way, leases etc.  Any reports, disclosures, letters or other documents from third parties are deemed reliable but not guaranteed by seller nor United County Real Estate and Auction Services LLC.

6.          Any personal property left on the grounds of the real estate as of the date of closing becomes the property of the buyer of the real estate.  Buyer will assume all responsibility and costs associated with these items as of the date of closing except items owned by tenants. 

7.          All information contained in this brochure and all related material came from sources deemed reliable.  It is buyers responsibility to confirm details provided are accurate.

8.          Possession: Possession will be given at the time of closing.

9.          There is no BUYER’S PREMIUM for on site bidders. There will be 3% BUYER’S PREMIUM FOR ONLINE, SIMULCAST, PHONE AND PROXY BIDDERS.

United Country Real Estate and Auction Services, LLC

BONDED – LICENSED BY THE OHIO DEPARTMENT OF AGRICULTURE