Portage County Ohio Land, Oil & Gas Mineral Auction
125+/- net mineral acres located in Lot Seventy-three (73) and Lot Eighty-one (81), Freedom Township, Portage County, Ohio.
LAND and HOME
OIL & GAS MINERAL AUCTION
FARMLAND • (2) FARM HOMES • POND • WOODS • LAKE
Located: 9.5 Mi. East of Streetsboro, OH. on SR 303 to Limeridge Rd. then South 3/4 Mi. to Auction Site (8618 Limeridge Rd. Ravenna, OH) Signs Posted
SATURDAY. AUGUST. 1ST @ 10:00am.
(125 ACRES +/-) • 4 TRACTS • COMBINATIONS • WHOLE • (125 ACRES +/-)
Lots 73 & 81, Freedom Township, PORTAGE CO.
Hunting * Fishing * Recreational Land
TRACT 1: 10.0 Acres +/- w/ large old frame (5) bedroom home with other large rms. to incld. modern kitchen, living & dining rms., full bath & bedroom down, many closets, mud rm & large enclosed porch at rear. Upstairs has (4) bedrooms & 3/4 bath. Home heated w/ outdoor wood burner or natural gas forced air. This tract also has a converted milk parlor into 2BR living quarters with standard amenities. Barns incld. grainery, 30’x40’ garage, lg. bank barn w/ 9 stalls, garden shed, wagon shed, (4) stall shed & a 70’x120’ shed w/ 18 stalls & open machinery areas.
TRACT 2: 41.1 Acres +/- mostly tillable land w/ 511’ frontage. Tract is in grass hay.
TRACT 3: 20.3 Acres +/- of Hunting/Recreational area with 3/4 – 1 Acre brilliant pond. Tract has good hunting woods. Sells w/ 150’ frontage.
TRACT 4: 52.8 Acres +/- of Hunting/Recreational land with woods & thicket, a natural lake at rear of tract provides for beavers, game fish & river otters. This tract has it all for the outdoor gamesman/hunter/fisherman – Check it out!
INSPECTION DATE: Sun. July 19 (2-5PM) Auctioneers On Site w/ APV’s
* Oil & Gas Mineral Rights Auction *
In Cooperation w/ MineralMarketing.Com we will sell at auction approximately 125 +/- net mineral acres of oil & gas mineral rights in the above legal description. The minerals are currently leased. There was a proposed horizontal well permit approved on 03/07012 that included this tract, which has expired. For additional information, well summary reports or maps, contact the auction company or MineralMarketing.Com.
TERMS: Tract (1) $5,000 down, Tracts (2-4) $10,000 down per tract (Nonrefundable) w/ balance on all tracts due on or before Sept. 10, 2015. A 10% Buyer’s Premium Will Be Added to all Final Bids to Arrive At THE FINAL SELLING PRICE. Buyer acknowledges that Seller may perform a 1031 Exchange and buyer will assist in this transaction @ no cost to buyer. POSSESSION: On or before, Tract (1) Oct. 1, 2015. Tracts (2-4) at time of closing. TAXES: Prorated. All announcements made auction day take precedence over ALL printed materials.
NOTE: This is a unique piece of property. Not often can you find ag & hunting/recreational land in such a combination with the possibility of livestock buildings.
For more information regarding the oil & gas mineral auction, contact Shawn Terrel, COO at MineralMarketing.Com at (816) 420-6237, or email at ShawnT@MineralMarketing.Com.
For all other inquiries regarding the Home, Land or Auction Process, contact Doug Walton, Ohio Broker/Auctioneer at (419) 294-0007 or email at WaltonAuctionCo@sbcglobal.net.
James & Joanne Duhon, OWNERS
Nick & Jodi Lenth, OWNERS
- Auction Date: 08/01/2015
- Auction Time: 10:00am.
- Address: 8618 Limeridge Rd.
- City: Ravenna
- State: OH
- Zip: 44266
- Online Auction: Not Available
- Property Type: Auction Services
- Listing Type: Auction
- Listing #: A-6398-OH
- Auction Status: Auction Completed
- Acres: 125
- County: Portage