Secrest Trust Online Only Auction
7 Generation Family 136 Acre Farm & Minerals
Location: NEAR 53800 Township Road 134 Pleasant City OH 43772 GPS Coordinates: 39.8766292, -81.4647529 Directions: From I-77 (Buffalo exit 37) take SR 313 east 4.2 miles to SR 285, turn south 3.9 miles to TR 134, continue south to farm. Signs Posted.
Starts Ending Tuesday, March 8th, 2022
at 6:00 PM w/ extended bidding
136.8 Acres * Buffalo & Seneca Townships * Noble County * 7 Land Parcels * Mineral Rights * 134 Net Gas & Oil Rights offered Separately * Open Farmland * Wooded Acreage with Timber * Fenced Pastureland * Building Sites * Privacy on Dead End Road * Hunting & Recreation *
Offered publicly for the first time ever, this 7-generation family farm has beautiful rolling land, wooded land with timber, agriculture opportunities, building sites, and minerals. This farm has tracts ranging in size from 8 to 61 acres and provides good access. Gas & oil rights are currently held by production by the Miley Well and offer existing royalties and many opportunities in the Utica & Marcellus Shale plays. Feel free to walk this land at your convenience and risk or contact Curt for a private showing. Livestock is still on the farm so keep all gates closed at all times. Please do yourself a favor and take a look at this once in a 7-generation buying opportunity.
Parcel 1: 13.4 Acres w/ 338’ frontage. Mostly Open Land.
Parcel 2: 22.7 Acres w/ 50’ frontage. Mostly Open Land.
Parcel 3: 8.1 Acres w/ 297’ frontage. Nice Building Site.
Parcel 4: 61.6 Acres w/ 53’ frontage. Mostly Wooded w/ Timber.
Parcel 5: 10.3 Acres w/ 367’ frontage. Nice Building Site.
Parcel 6: 10.7 Acres w/ 430’ frontage. Nice Building Site.
Parcel 7: 10 Acres w/ 406’ frontage. Nice Building Site.
Parcel 8: 134 Acres of NET Gas & Oil Rights.
Legal: Parcel#s 050021001000, 310021333000, 310021334000 in Buffalo & Seneca Townships in Noble County and the Noble LSD. ½ year taxes are $304.58 based on CAUV, recoupment is the buyer’s responsibility.
Real Estate Terms: 10% Buyers Premium. 10% Non-refundable deposit wired to the Kaufman Realty & Auctions Trust Account within 24 hours of the completion of the auction if purchased online, via phone, or absentee bid. Online, phone and absentee buyers must execute purchase agreements and disclosures and return them to Kaufman Realty & Auctions within 24 hours of the end of the auction. Electronic copies are acceptable. No financing contingencies, in bidding either online, via phone or by absentee bid the bidder is stating they will have funds to close as per terms. Time is of the essence in all closings. No financing or other contingencies, property sells “AS IS”. Any required inspections must be completed prior to bidding. Sellers to transfer any and all owned mineral rights. Property sells subject to all articles of record. Announcements day of sale take precedence over all previous advertising and statements. Approximately $60 per acre survey cost will be assessed to the buyer.
Oil & Gas Terms: 10% Buyers’ Premium added to the final bid price to determine the contract price. Financial Terms & Online Bidding Terms apply (see above.) Deposit is refundable in the event the seller is unable to deliver a Limited Warranty Oil & Gas Mineral Deed and Title that parallels the terms of the lease and any title available for the potential buyer's review prior to the auction. 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. See our website for full terms.
Auction by order of: The Secrest Irrevocable Heritage Trust, Moriah Stehura, Trustee
KAUFMAN REALTY & AUCTIONS
888-852-4111 www.kaufman-auctions.com
CURT YODER, REALTOR/AUCTIONEER
330-204-2447 [email protected]
