Absolute Land & Gas/Oil Rights Auction
91 Vacant Acres - Tuscarawas County
Location: Barnhill Rd. SE Dennison Ohio. GPS Coordinates: 40.457201,-81.358824. Directions: From I-77 in New Philadelphia take US 250 east 6.3 miles to Midvale. Turn north onto Barnhill road 2 miles to property. From SR 39 midway between New Philadelphia and Sherrodsville take Barnhill Rd. south 2.5 miles to property. Watch for signs.
Saturday January 12th, 2013
12:00 PM – NOON
* 91.326 Acres * Goshen Township * Tuscarawas County * HBP Gas/Oil Rights offered separately *Utica Shale Opportunity * Outstanding Recreational & Hunting Acreage * Equipped with Camper & Tree Stands * Secluded & Private * Great Cabin Sites * Creek Bed * MF Tractor & 3PT. Equipment *
- Simultaneous Online Bidding Available –
Offering to you a fantastic hunting tract with beautiful scenic sites for your cabin or dream home. With quality whitetail shot yearly including many trophy size bucks in the last 5 years this property speaks for itself! The land is accessed via an easement which provides the privacy you look for yet is only minutes from New Philadelphia and the conveniences of the mall and other retail/restaurant areas. The HBP mineral rights provide an additional boost to your investment portfolio and if no new deep well is drilled within the next 3 ½ years will provide a renewal payment of over $50,000.00. This property is truly one of kind with location, proven hunting, and mineral rights. Don’t hesitate to buy the quality tracts when they come available! Please walk this land by appointment or at your own leisure and convenience and see the wonderful things it has in store for you.
Parcel 1: 91.326 Acres with access via easement on Barnhill Rd. Beautiful wooded and open tract with outstanding hunting and a camper for lodging and 10 tree stands strategically placed for your hunting needs.
Parcel 2: 91.326 Acres of HBP gas/oil rights. These rights include a 6% royalty of 8/8 share with an option to renew current agreement of the other landowner 6.5% royalty in September of 2016 for a payment of $57,000 to the land owner. This royalty split is only for any new wells drilled or included in a drilling unit. Current royalties are all transferring with the gas & oil rights per current lease. Please see deed reference at www.kaufmanrealty.com for details to this agreement. This provides a nice guarantee for the new owner in 4 years.
MF Tractor & 3Pt. Equipment: To Be Sold directly Following the Real Estate – MF 35 tractor; King Kutter 5’ mower; 2 – 5’ blades; 5’ disc; bale spear. Terms – Cash or check payment in full day of sale.
Real Estate Terms: 5% Buyer’s Premium. 10% nonrefundable down payment day of sale with the balance due in 30 days at closing. No Contingencies. Land & Gas/Oil rights transfer according to all articles of record. Title Search and other related documents including brochures & pictures are available at www.kaufmanrealty.com. Announcements day of sale take precedence. Sells as is to the highest bidder. Live onsite or simultaneous online bidding available. Property will be offered choice of parcel on a per acre basis and then combined and will sell whichever way grosses the most. Legal: Parcel #24-00652-000 located in Goshen Township of Tuscarawas County and the Indian Valley Local School District. Taxes per half year are $73.07 based on CAUV; any recoupment will be the buyer’s responsibility.
Auction by order of:
Michael J. & Julie C. Bunner
KAUFMAN REALTY & AUCTIONS
(888) 852-4111 www.kaufmanrealty.com
CURT YODER, REALTOR & AUCTIONEER
(330) 204-2447 [email protected]
<br>
Chattel Terms: Cash or check payment in full day of sale.