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Aution Report
 
Boats and farm equipment
among auction items

COLUMBUS, Ohio — About 150 vehicles will be up for bid at the State of Ohio surplus auction Saturday, Oct. 4, at the Ohio Department of Administrative Services, General Services Division headquarters, 4200 Surface Road, Columbus. The gates open at 8 a.m.; the auction begins at 10 a.m. The lot will remain open until 5 p.m. on the day of the sale. The auction features a wide selection of cars, vans and trucks as well as two Jon boats, one V-bottom boat and farm equipment, including a hay wagon, plow and 120-gallon sprayer. To view all of the items, visit www.dasapps.ohio.gov/Surplus/nextauction.asp
Vehicles may be inspected between 8 a.m. and 3 p.m. through Oct. 3. Vehicles may be started between 8 a.m. and 2:45 p.m. Friday, Oct. 3.
All vehicles are sold “as-is” with no warranties. All vehicles must be paid for in full the day of the auction. Cash, credit and debit cards (Discover, MasterCard and Visa) are accepted. There is a 3 percent service fee on all credit and debit card transactions. Thirty-day temporary tags will be available for purchase onsite the day of the auction for $18 cash. 
Surplus property auctions provide the general public an opportunity to purchase quality goods at reduced prices and enable the state to recoup a portion of its initial investment. Miscellaneous property and vehicle auctions generated more than $4.2 million during fiscal year 2014.
McLean County, Ill., auction
of farm draws 40 bidders

BLOOMINGTON, Ill. — The auction of approximately 294 acres of McLean County farmland on Sept. 12 attracted 40 registered bidders, resulting in a sale for more than $3.2 million.
“This was a really big response for the size of the farm, but it demonstrates what we’ve been seeing all year – that buyers are looking for higher quality land and thinking in terms of long-term returns,” said Joe Bubon, executive vice president of Murray Wise Associates, which managed the sale.
“The tillable land went to two different investors, which is noteworthy when you remember that three-fourths of the farmland in recent auctions has been selling to farmers. Despite the soft corn prices we’ve seen this year, investors are buying quality land that will provide them a solid return,” Bubon said.
The farm is located in Allin and Dale townships, approximately 10 miles west of Bloomington.
Individuals seeking more details, should visit www.murraywiseassociates.com or call 800-607-6888. 

10/2/2014