Littleton Absolute Real Estate & Personal Property Auction Catalog
We will be offering this great property in the multi parcel format. Giving bidders the chance to bid on 8 separate tracts, combinations of tracts or all 168 acres.
Personal Property Auction To Follow Real Estate
Index
Pg 2-3 Welcome & Process
Pg 4-5 Tract Descriptions & Ariel Map
Pg 6-7 Crop/Soil History & Summary
Pg 8-9 Waterways/Topography & Real Estate Terms
Pg 10-11 Land Contract Sample
Pg 12 Personal Property Sale Bill
Pg 13 Our Services & Consultations
Pg 14-15 Interior Photos & Notes
Back Pg Contact Our Auctioneer
Welcome to Our Absolute Multi-Parcel Real Estate Auction
We are thrilled to offer an exciting opportunity to bid on 168 acres of prime real estate, presented in a multi-parcel format. This auction is absolute, meaning the highest bid for each parcel, combination of parcels, or the entire property will win, regardless of the price.
What is an Absolute Auction? An absolute auction is a type of auction where the property is sold to the highest bidder with no minimum bid or reserve price It guarantees a sale, as it is not contingent upon the seller's approval.
Multi-Parcel Auction Format Explained: This auction allows bidders to purchase one or more parcels individually, in any combination, or the entire property as a whole This format is designed to maximize both the seller's and the bidder's flexibility and potential value. Bidding will remain open on all options to ensure that the highest total value is achieved.
Multiple Rounds of Bidding: To ensure all potential buyers have the opportunity to present their best offer, we will reopen the bidding after the initial round This allows anyone to increase their bids, ensuring maximum participation and value realization.
No Buyer’s Premium: There is no buyer's premium for this auction. The price you bid is the price you pay, making it straightforward and transparent.
Bidding Procedure
The parcels will be offered in various combinations and as a whole. Bidding will be competitive and will continue until no further bids are received, ensuring the highest value for the seller
Bid Acceptance & Down Payment
Properties are sold as-is to the highest bidder.
A 10% down payment (cash or check) is required on the day of the auction, which is nonrefundable
Be sure to arrange financing beforehand, as bidding is not contingent upon financing or inspections.
Deed & Closing
The seller will provide a deed and title insurance, ensuring the property is free of mortgages, liens, and encumbrances.
Closing will take place within 40 days at Owl Creek Title Agency, with taxes prorated to the day of closing Inspections
All properties are sold as-is. Any inspections should be completed prior to the auction at the bidder's expense. Agency
Wigton Real Estate & Auction and all affiliated agents are acting as agents for the seller. We look forward to your participation in this auction and hope you find success in bidding for this valuable property. For any further inquiries, please contact us at the provided details. -John P Ruckman Auctioneer/Agent with Wigton Real Estate & Auctions 740-398-6522
Tract Descriptions & Map
Tract 1: 20.7 acres wooded with 195ft of road frontage on Flack Rd. Free from oil & gas lease.
Tract 2: 45.4 acres partial woods & field with 666ft of road frontage. Free from oil & gas lease
Tract 3: 4.5 acres of field & woods with 196ft of road frontage. Under current oil & gas lease.
Tract 4: 15 acres with 1bd, 1bath, 936sqft home built in 2015. Features a stone fireplace, open loft area currently used as a 2nd bedroom, custom hickory cabinets, tile & carpet. Home has an attached 2 car garage & a 1200sqft outbuilding. Composite decking on the front porch & deck. Propane heat & AC make this the perfect get away retreat. Free from oil & gas lease. 665ft of road frontage. One of a kind front porch view of the surrounding farmland.
Tract 5: 4.7 acres of pasture & woods with 345ft of road frontage. Under current oil & gas lease.
Tract 6: 49.3 acres of pasture & woods with 700ft of road frontage. Under current oil & gas lease
Tract 7: 17 acres of pasture & woods with 2 points of road frontage (487ft & 545ft). Under current oil & gas lease.
Tract 8: 13 acres pf pasture & woods with 549ft of road frontage. Under current oil & gas lease.
Bid on a all 168 acres or any combination of parcels. *Lines, road frontage & acreage are approximate and subject to final survey. Tillable acres are under current lease until Dec 31st 2025
NO BUYER’S PREMIUM IS CHARGED
John P Ruckman- Auctioneer & Agent
Auctioneer License: 2010000097 Real Estate License: SAL.2015003815
Auction Terms
Multi Parcel Absolute Real Estate Auction
8001 Flack Rd
Howard, OH 43028
Saturday April 26th @ 10am
All bidding is open to the public It’s easy, so don’t be bashful! This is a one-time opportunity Watch the auctioneer and his bid assistants They will take your bids and direct any questions you might have to the appropriate person
TERMS OF THE AUCTION:
BIDDING PROCEDURE: The parcels will be offered individually, in combination of any parcels, and as a whole in the multi-parcel format Competitive bidding on individual parcels, parcel combinations and the whole will remain open until the highest dollar amount is achieved for the Seller.
BID ACCEPTANCE
& DOWN
PAYMENT:
The property is selling in AS-IS condition to the highest bidder. The successful bidder will be required to enter into a purchase contract that is available for review prior to the auction. A 10% on each individual parcel, or a 10% down payment for all parcels bought, (Cash or Check) non-refundable down payment is required from the successful bidder on the day of the auction. The balance is due at closing within 40 days. Your bidding is not conditional upon financing, appraisals, or inspections. Be sure you have arranged financing; if needed, and are capable of paying certified funds at closing.
DEED & CLOSING: The seller will provide Deed and Title Insurance warranting that the property is free and clear of all mortgages, liens and encumbrances that do not interfere with its normal and customary use The real estate is being sold subject to any and all legal easements of record Closing shall be held within 40 days of acceptance at Owl Creek Title Agency in Mt Vernon, Ohio Possession will be at closing/transfer of Deed Assignments of any purchase contracts are conditional on the bidder remaining jointly liable on the contract with the assignee Taxes shall be prorated at current rates to the day of closing
AGENCY: Wigton Real Estate & Auction and all affiliated agents and personnel are agents for the Seller. Any statements made auction day take precedence over any previous printed material or oral statements.
DISCLAIMER: The potential Buyer hereby stipulates and agrees that they have examined the property. Relying solely upon such examination with reference to conditions, Buyer agrees to take such property “AS-IS” without any expressed or implied warranties by Seller or Seller’s agent. Any inspections desired by the Buyer shall be prior to the auction at Buyer’s expense. Bidders should do their own due diligence as information has been obtained from what are deemed reliable sources but is not guaranteed. Statements made sale day take precedence over any previous written or oral statements For more info call us at 740-398-6522 or visit our website at wigtonauctions com
WIGTON REAL ESTATE & AUCTION LLC
John P. Ruckman CAI, Auctioneer & Agent 740-398-6522
Larry Wigton CAI, AARE Auctioneer & Broker 740-362-0007 Wigtonauctions.com
AUCTIONEER ON SITE: Sat March 22nd 10am-12pm, Sun April 13th 4pm-6pm, Tue April 15th 4pm-6pm & 1 Hour before the auction
Thank you for your interest and we hope you are the successful bidder! Make arrangements and bid your price on this great auction opportunity!
Land Contract Sample
REAL ESTATE PURCHASE CONTRACT
The undersigned Buyer agrees to buy, and the undersigned Seller agrees to sell through Wigton Real Estate & Auction LLC, upon the terms hereinafter set forth, the following real estate located in the State of Ohio, County of and being described as follows:
1) ON THE FOLLOWING TERMS
A) The purchase price shall be ________________________ which shall be paid at closing by certified funds, subject to such adjustments and proration credits as set forth herein.
B) Buyer is purchasing the real estate in its “as is” condition.
C) This contract shall be contingent upon Buyer acquiring satisfactory financing within ____ days (waived and not a contingency if number of days is not inserted) of the acceptance date of this contract.
D) See attached Addendum for further terms (cross out if no addendum).
2) POSSESSION: Possession of the property by Buyer shall be (insert date).
3) EVIDENCE OF TITLE: Seller shall furnish and pay for/Buyer shall acquire and pay for, if desired by Buyer, (cross out one) an owner’s title insurance commitment and policy. If title to all or part of the real estate is unmarketable, as determined by Ohio law, then this contract shall be void unless Seller, without additional cost, can within thirty days after written notice thereof, correct the marketability of title. At closing, Seller shall sign an affidavit with respect to offrecord title matters in accordance with the community custom.
4) DEED: Seller shall convey to Buyer marketable title in fee simple by transferable and recordable general warranty deed, with release of dower, if any, or fiduciary deed, as appropriate, free and clear of all liens except current real estate taxes and assessments.
DONOTCOPY
5) TAXES AND ASSESSMENTS: At closing, Seller shall pay or credit on the purchase price all unpaid real estate taxes and annual unpaid assessment charges which are a lien for years prior to closing and a portion of such taxes and assessments for year of closing prorated through date of closing, and if undetermined, based upon most recent available tax rate and valuation, whether certified or not. At closing Seller will/will not (cross out one or all if not applicable) pay or credit on the purchase price all agricultural use tax recoupments for years prior to the year of closing. (Complete if applicable) The real estate is subject to the following capital improvement assessment and the parties shall account for such assessment as follows: .
6) UTILITIES, RENTS, SECURITY DEPOSITS: Seller shall pay, through date of possession, all accrued utility charges. Adjustments shall be made through date of closing for rentals and condominium or other association periodic charges. Security deposits shall be transferred to Buyer.
Contract continued on next page
7) DAMAGE OR DESTRUCTION OF PROPERTY: Risk of loss to the real estate and appurtenances shall be borne by Seller until closing and if the real estate and appurtenances are substantially damaged or destroyed, then Buyer may rescind the contract by giving written notice to Seller within 10 days of Buyer receiving written notice of the damage or destruction or by the closing date set forth in Section 12, whichever date is the earliest.
8) FIXTURES AND EQUIPMENT: The consideration shall include any fixtures, including storm doors and windows, shades, curtain rods, built-in appliances, attached mirrors, garage door openers, pumps, roof antennae, water-softening equipment unless leased and attached floor coverings. The following shall be excluded (none if nothing stated)
9) DEPOSIT: Buyer has deposited the sum receipted for below, which Buyer and Seller agree shall be held and applied as follows: (a) if this offer is not accepted within the time specified or if this offer is accepted and Seller fails to, refuses to, or cannot perform, or if this offer is accepted and any contingency is not fulfilled or waived, the deposit shall be returned; (b) if this offer is accepted and this transaction closed, the deposit shall be applied towards the purchase price or returned to the Buyer; (c) if this offer is accepted and Buyer fails or refuses to perform, the deposit shall be retained by Seller. The deposit is nonrefundable once this contract is accepted unless Seller fails to, refuses to, or cannot perform or if any contingency is not fulfilled or waived.
10) MISCELLANEOUS: Buyer has examined all property involved and, in making this offer, is relying solely upon such examination with reference to the condition, character and size of the land, improvements and fixtures, if any. This contract constitutes the entire agreement and there are no representations, oral or written, which have not been incorporated herein. Time is of the essence of this contract and of all provisions hereof. All representations, covenants, and warranties of the parties contained in this contract shall survive the closing.
11) CLOSING: This contract shall be performed and this transaction closed within ________ (insert number of days). after acceptance hereof, unless the parties agree in writing to an extension.
12) DURATION OF OFFER: This offer shall be open for acceptance through (insert date).
DONOTCOPY
Seller acknowledges receipt of the deposit of _______________ which shall be held by WIGTON REAL ESTATE TRUST and utilized as specified in Paragraph 10 hereof. Deed to _________________________________________________
Littleton Personal Property Auction
Saturday April 26th
8001 Flack Rd Howard, OH 43028
Due to failing health & needing to downsize, following the Absolute Auction of their 168 acre farm, Richard & Vicki Littleton will be offering the personal property from their hunting cabin at auction.
Guns: Salvia 622 22cal; Revelation Model R10 Quick Attach w/Front End Loader H120 & Belly Mower Auto Connect 54D; International 674 2,959 hours; John Deere Counter Weight 3pt Attachment; Quick Attach Snow Blade; John Deere Trail Gator 4x2 1,573 hours; 5’ PTO Mower; 6’ PTO Mower (parts only); 3pt Hay Hauler; 2011 Utility Trailer w/Flatbed 3 5’x5’; 2013 10'x5' Single Axle Landscaping/Utility Trailer; Troy Bilt 33ton Log Splitter; Stihl HT131 Pole Saw; Stihl Chainsaw; Stihl Weedeater; Poulen Chainsaw; Multiple Weedeaters & Yard Tools; Push-mower; Small Yard Trailer; Wayne 1/2hp Transfer Pump; 16gallon Shop-Vac; (2) Wheelbarrows; (2) Extension Ladders; Logging Chains; Air Compressor; Grease Guns; UF Wire (8,10&12); Aerial Wire; Box Connectors; Lots of Electrical Supplies; Vacuum Supplies; (2) Electrical Motors; AC Gauges; Thermostats; CoAx Cable; Electrical Contact; Paint Compressor; T-Post (various sizes); Fencing Wire Rolls; 12’ Cattle Gate; Creeper; Black n Decker Workmate Bench; Steel Work Bench; Large Socket Set; Hammers; Hand Saws; Fast Charger; 5,000lb Floor Jack; Basement Floor Jack Misc Tools; Misc Lumber; Camping & Fishing Supplies; Small Hunting Blind; Live Traps; Conibear Traps; Households & Misc: Frigidaire Refrigerator (Black, standard size); Small GE Chest Freezer (white); Newer Stacked Frigidaire Washer/Dryer; Utility Cabinets; (3) Lifetime Tables; Dehumidifiers: Full Brass Bed; Queen Oak Sleigh Headboard Bed; Full & Queen Sheet Sets; Pack & Play; Highchair; Maple Night Stand; Maple 5 Drawer Stand; Windsor Chair; (2) Oak End Tables; Oak TV Stand (small); Oak 2 Shelf Bookcase; Leather Storage Ottoman; (2) Accent Lamps; Flex-steel Green Sofa & Matching Recliner; Dining Room Table w/2 leaves (1 is scratched) (4) Chairs & Pads; 5’x7.5’ Rug (Tan/Burgundy/ Green); Cabin/Primitive Themed Decor; (3) Coke-a-Cola Tin Trays (1 is vintage, 2 are reproductions); Yamaha Sound Bar; Antique Oil Lamps; Vintage Cookbooks; Corelle Dish Set; Pots & Pans; Kitchen Utensils; Small Kitchen Appliances; Corning ware Dishes; 1976 Thomas Jefferson Wine Serving Set; Towels/Washcloths (bathroom & kitchen); Propane Grill; Patio Set w/ (6) Chairs, Umbrella; (2) Outdoor Rocking Chairs; Plastic Outdoor Storage Chest; Multiple Coolers & Drink Coolers; 20gal & 30gal Crock w/glass top & Jugs; Galvanized Tubs; Antique Baby Doll Crib; Child's Wooden Picnic Table; Vintage Red Flyer Kids Wagon; Wooden Crates; Antique School Desk; Antique Steamer Trunk; Other Misc Households Personal Property Terms: Cash, Check, & All Major Credit Card with a 5% convenience fee All items are sold as is with no guarantee All items must be paid for prior to removal & must be removed the same day of sale Must be 18 year or older & have a valid Ohio ID to purchase firearms.
Explore Specialized Auction Services with The
Ruckman Group Auctions &
At The Ruckman Group, we specialize in maximizing the value of your assets. Whether you're looking to sell expansive farmland, residential real estate, or diverse personal property, our expert team is equipped to manage every detail of the auction process.
Farmland Auctions Experience counts when selling agricultural properties. We understand the complexities of farmland sales and are adept at attracting qualified buyers who recognize the true value of agricultural investments.
Real Estate Auctions From residential properties to commercial spaces, our tailored approach ensures that each property is showcased to its fullest potential, reaching the right buyers and achieving optimal results.
Personal Property Auctions Our comprehensive appraisal and auction services make it easy to liquidate personal assets smoothly and profitably. We handle everything from farm equipment, antiques and collectibles to everyday items with professionalism and care.
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The Ruckman Group 812 W Gambier St Mt. Vernon, OH 43050
