Morgan County Land Auction
Online Only
Location: At the corner of SR 555 and Wood Rd. From Chesterhill, Ohio take SR 555 north approx. 4 miles to Wood Rd. to location. Signs posted.
Ends Wednesday March 21, 2012
5:00 p.m.
45.58 Acres * Includes All Mineral Rights * Not Under Current Lease * In Parcels * Marion Twp * Morgan County * Morgan LSD * Includes Owned Gas Well * Excellent Hunting * Creek
Offering 45.58 acres that has great wildlife habitat. The surrounding area has plenty of feeding sites and a creek runs through property as well. The property is all wooded and includes an owned gas & oil well. Property is free from oil and gas leases. The mineral rights are being offered as a separate parcel or may be purchased with the 45 acres.
Parcel 1: 24.28 acres. All wooded, good frontage on Wood Rd. Excepting oil & gas rights.
Parcel 2: 21.3 acres. All wooded, good frontage on Wood Rd. Excepting oil & gas rights.
Parcel 3: Oil and gas rights for parcel 1.
Parcel 4: Oil and gas rights for parcel 2.
Note. The existing oil and gas well ownership will remain with the buyer of parcel 2. Future leasing rights and royalties will transfer to the buyer of parcel 3. Call Jr. Miller for more info.
Tax and legal: Parcel 100-000-3401. Taxes are currently $66.93 per half year.
Terms: 10% nonrefundable down payment, balance at closing, no financing contingencies. Online only auction ends at approximately 5 PM. with extended bidding. Any required inspections must be completed prior to bidding. Closing with-in 30-45 days from auction.
Parcel 2: 21.3 acres. All wooded, good frontage on Wood Rd. Excepting oil & gas rights.
Parcel 3: Oil and gas rights for parcel 1.
Parcel 4: Oil and gas rights for parcel 2.
Note. The existing oil and gas well ownership will remain with the buyer of parcel 2. Future leasing rights and royalties will transfer to the buyer of parcel 3. Call Jr. Miller for more info.
Tax and legal: Parcel 100-000-3401. Taxes are currently $66.93 per half year.
Terms: 10% nonrefundable down payment, balance at closing, no financing contingencies. Online only auction ends at approximately 5 PM. with extended bidding. Any required inspections must be completed prior to bidding. Closing with-in 30-45 days from auction.
No Buyers Premium
KAUFMAN REALTY & AUCTIONS
(888) 852-4111 or www.kaufmanrealty.com
JR. MILLER, AUCTIONEER/REALTOR
(330) 231-1914 or [email protected]