INTERNET REAL ESTATE AUCTION
TERMS & CONDITIONS

Friday - October 10, 2025 at 6:00 PM
0 Herman Rd. - Celina, OH 45822

THIS PROPERTY IS OFFERED FOR SALE "AS-IS" WITH NO WARRANTIES OR GUARANTEES. THE PURCHASER(S) AGREES TO PURCHASE THE PROPERTY AND BUILDINGS IN THEIR PRESENT CONDITION.

THE SALE OF THE PROPERTY IS NOT SUBJECT TO ANY CONTINGENCIES OR THE PURCHASER'S ABILITY TO ACQUIRE ANY NECESSARY FINANCING. IT IS THE PURCHASER(S) RESPONSIBILITY TO MAKE ARRANGEMENTS TO INSPECT AND VIEW THE PROPERTY IN ITS PRESENT CONDITION PRIOR TO THE CONCLUSION OF THE AUCTION. THE PURCHASER(S) ARE RELYING SOLEY UPON SUCH EXAMINATION WITH REFERENCE TO THE CONDITION, CHARACTER, SIZE OF LAND, IMPROVEMENTS, AND FIXTURES, IF ANY.

THE REAL ESTATE SHALL SELL WITH SELLER'S CONFIRMATION, UNLESS OTHERWISE ANNOUNCED AND NOTED, FREE AND CLEAR OF ANY LIENS OR INCUMBRANCES.

THE PURCHASER(S) SHALL BE REQUIRED TO DEPOSIT $5,000 DOWN DAY OF AUCTION AS ESCROW MONEY. THE BALANCE IN FULL IS DUE AND PAYABLE ON OR BEFORE 45 DAYS FROM THE DAY OF AUCTION.

THE SELLER SHALL PAY THE DECEMBER 2025 TAX INSTALLMENT IN FULL. THE PURCHASER(S) SHALL BE RESPONSIBLE FOR ANY REAL ESTATE TAXES THEREAFTER. THERE WILL BE NO PRORATION OF REAL ESTATE TAXES.

PURCHASER(S) AGREE TO ACCEPT THE SALE OF THE REAL ESTATE UPON THE TERMS AND CONDITIONS THAT ARE SET FORTH. PLACING AN ONLINE BID OR BIDS WILL IMPLY YOUR ACCEPTANCE OF THE TERMS AND CONDITIONS OF THIS AUCTION AND WILL BE LEGALLY BINDING.

IT IS UNDERSTOOD THAT THE AUCTIONEER(S), MIDWEST AUCTIONEERS & REALTY, INC. AND THEIR STAFF ARE AGENTS FOR THE SELLER AND DO NOT IN ANY WAY REPRESENT THE PURCHASER(S) CONCERNING THE SALE AND/OR THE REAL ESTATE OFFERED FOR SALE.

THE SUCCESSFUL PURCHASER(S) SHALL BE REQUIRED TO SIGN A REAL ESTATE PURCHASE AGREEMENT/CONTRACT AT THE CONCLUSION OF THE AUCTION. A 10% BUYER'S PREMIUM SHALL BE APPLIED TO THE FINAL BID TO ESTABLISH THE CONTRACT SALES PRICE. OTHER NECESSARY AND APPLICABLE DOCUMENTS MAY BE REQUIRED BY STATE AND/OR FEDERAL LAW.

Online Real Estate Auction 0 Herman Rd. - Celina, OH 45822 4.228 Acres of Vacant Land Property will be offered Online Only at www.HiBid.com **Bidding is Open! Bidding will end on Friday - October 10, 2025 at 6:00 PM **UPDATE: As per Mercer Co. Zoning Office: This property is NOT in a flood zone and should be an acceptable building lot.** 4.228 acres of currently not tilled vacant land, positioned conveniently between Celina and Rockford, just minutes from both communities. Located within Parkway School District, this parcel is classified as 'Residential Vacant Platted Land' and offers strong potential as a residential building site. The property features substantial road frontage along Herman Road and is bordered to the east by the Dennison drainage ditch. Parcel ID: 250029000300. TERMS: Selling with a 10% buyer's premium added to the final bid to establish the final contracted sales price. $5000 escrow deposit required day of auction w/ balance due in 45 days. There will be no contingencies accepted with the sale of this property. Please make all inquiries regarding land use, building permits, etc. prior to the closing of the auction and placing your bid. You must register & bid online for this auction. If you have any questions please call our office at 937-548-2640. Brian & Amy Johnson, Owners