196-Acre Farm | Leetonia, OH | KIKO Auctions and Auctioneers
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196-Acre Farm

Wednesday, May 29, 2024 - 6:00 PM   -   Real Estate Sells at: 6:00 PM
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Court Ordered Auction
Good 196-Acre Farm With Approx. 160 Acres Of Tillable Land, Modern Grain 50,000 Bu. Storage Facility & Drying Bins With Augers, Dryer, 40 X 90 Pole Building, 40 X 100 Quonset Building, Ranch Home, Three-Car Garage, Fairfield Twp., Columbiana Co., Crestview Schools
NOTE: Several Producing Horizontal Gas Wells Under Farm That Are Currently In Production & Recently Drilled, Very Good Income, Seller Interest In Gas Leases To Transfer With Farm, Sells As A Unit With Mineral Rights
Sells on location
4524 Fairfield School Rd, Leetonia, OH 44431
Directions: Take Rt. 558 east of Rt. 164 or west of SR 7 to Fairfield School Rd. Watch for KIKO signs.
Maps, photos, and more details on gas royalty at kikoauctions.com or call for flyer.

Participating in 7 deep wells. No well pad on farm. 1,512 sq. ft. ranch home built in 1976, three bedrooms, two baths, full basement, electric heat, central air, 42 X 28 three-car block foundation, shingle roof garage, 1980 90 X 40 pole building, fully enclosed, concrete, loft, 40 X 100 Quonset with concrete with updated recent single phase to three phase convertors for grain dryer facility. Grain Facility: Drive over dump pit, Sukup 10,000 Bu. drying bin with stirrers, GSI 21,000 and 19,000 bins with drying floors, stairs, load in and load out augers and roof. Augers and fans all stay with real estate.



NOTE: Previous owner has life estate on home and garage. Buyer will have immediate possession to land to plant crops with deposit day of the sale.
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Real Estate Terms
10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Property to be sold as an Entirety and not to be offered in separate parcels.
Auction By Order Of
Columbiana Co. Court of Common Pleas, Columbiana Co. Case #2022-DR-00431
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Auction Team
Russell T. Kiko Jr.
Russell T. Kiko Jr., C.A.I.
Auctioneer/Realtor
330-455-9357 ext 115
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