Belmont Co. Ohio Land and Mineral Auction
100 +/- Acres land
Selling 60% of Oil & Gas Minerals
Absolute Auction !
Location: 54662 SR 800 Jerusalem, Oh 43747 GPS Coordinates: 39.892851, -81.141007 Directions: From I-70 At Barnesville Exit #202 follow State Route 800 South through Somerton to Farm. From Woodsfield follow State Route 800 10 miles north to farm. Signs Posted!!
Auction Friday Oct. 22nd @ 10:00 AM
101+/- Acres with Amish Home & Barns * S. Fork Captina Creek * Tillable Land Pasture and Woods * Good Hunting * Elevated Views* Belmont County * Somerset Township * Barnesville EVSD
Inspect property at your convenience.
101 Acre produce and livestock farm located between Barnesville and Woodsfield on State Route 800. The owners have implemented the farm to table concept for many years, with its location on SR 800 selling vegetables and other produce directly from the garden to both passersby and loyal customers alike. The improvements include a 2-story home with full basement, a produce barn with loading dock, a large bank barn with box stalls and hay loft and other smaller structures. There is no electricity in the home or barns but is available at the road. Aside from the acreage used for producing vegetables the balance of the farm is, pasture, cropland along the creek and wooded areas suitable for hunting. The farm will be offered in 5 parcels as well as a whole.
Parcel #1 16 acres with 2 story home, bank barn, greenhouse and produce building. Mostly tillable ground.
Parcel #2 5 acres land with barn and machinery shed. Old silo.
Parcel #3 24+/- Acres pasture and woods with creek with access on Johnson Ridge Rd.
Parcel #4 23+/- Acres pasture and woods with creek, good recreational tract with access on Johnson Ridge Rd.
Parcel #5 33+/- Acres 60% wooded with access on Rock River Road.
Oil & Gas Mineral Rights: The oil and gas minerals will be sold separate from the surface. A portion of the minerals are unitized in the Gulfport Clark well. Sellers own 72 net mineral acres..
See website or call auctioneer for additional info on the Oil & Gas minerals.
Also selling personal property including Horse drawn equipment etc.
Legal: Parcel # 3700262.000, 3700264.000, 3700266.000, 3700263.000. Taxes are $1,458.37 per half yr. based on CAUV.
Terms: 10% nonrefundable down payment day of sale with the balance due at closing. 10% Buyers Premium. No financing or other contingencies, property sells “AS IS”. Any required inspections must be completed prior to bidding. Property sells subject to all articles of record. Taxes will be prorated to date of closing, CAUV recoupment if any will be responsibility of Buyer. Auction will be offered in various amalgamations, including as individual parcels or lots, combinations of parcels or lots, and all parcels or lots. Announcements made day auction take precedence over all previous advertising and statements.
Oil & Gas Mineral Terms:
• No financing contingencies, in bidding either live, online, via phone or by absentee bid the potential buyer is stating they will have funds to close in the allotted amount of time. Time is of the essence in all closings.
• Potential Buyers must independently investigate and confirm any information or assumptions on which any bid is placed.
• Kaufman Realty & Auctions are agents for the sellers; we are not mineral and legal experts.
• Potential buyers are advised to seek legal counsel regarding the status of any oil/gas right purchase, prior to bidding.
Parcel numbers are provided as a reference to locate the surface location. The sale includes Oil & Gas Minerals Only NO SURFACE.
BIDDING IS ON A PER ACRE BASIS AND IS ROUNDED TO CLOSEST WHOLE ACRE ON THE BIDDING PLATFORM, THE FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT
Auction by order of: Dennis & Lena Miller
KAUFMAN REALTY & AUCTIONS
(855) 439-4111
Jason L Miller, Partner Auctioneer
(740) 541-7475 [email protected]