Harrison County, Ohio * Earl C. White Estate Auction

Harrison County, Ohio
Earl C. White Estate Auction
243.4 Acre Farm

Location: 27400 Westchester Rd. Freeport, Ohio 43937.  From Freeport, Ohio (Harrison County) take SR 342 west approx. 3 miles to farm.  GPS coordinates are 40.217389,-81.310673

Online auction with at farm bidding available
Ends Monday May 14, 2012
6:00 p.m.

243.4 Acres In Parcels * Older Home and Buildings * Freeport Twp * Harrison County * Harrison Hills LSD * Mature Harvestable Timber * All Mineral Rights Transfer w/ the Exception of #6 & possibly #7 Coal  * Oil and Gas Lease is HBP * Open & Wooded * Excellent Hunting

Open For Inspection: Tuesday May 8, 2012  5:00 – 7:00 p.m.

            An exciting opportunity to invest in acreage that is ideally located in the southwestern corner of Harrison County, near the Guernsey and Tuscarawas County line, and right in the heart of Ohio’s Utica Shale oil and gas play.  The #6 & possibly #7 coal was conveyed out in the 1920’s.  The land is currently under lease via the existing oil and gas wells on property.  (HBP).  Equally impressive is the added value of marketable timber on this farm.  Be sure and view the timber valuation appraisal.  The home and buildings are older and in need of repair.  Feel free to walk this acreage at your convenience. 
Parcel 1: 60.13 acres w/ home and buildings. Approx. 50/50 open and wooded.  Has 1,300+ ft of frontage on SR 342.  Excepting the oil and gas rights
Parcel 2: 183.29 mostly wooded acres.  Has 45+ ft. of frontage on SR 342, excepting the oil and gas rights.
Parcel 3: The oil and gas rights for parcel 1. 
Parcel 4: The oil and gas rights for parcel 2.

            Bidding will be online with onsite bidding available as well.  Kaufman Realty and Auctions will be on staff at the farm from 4:30 p.m. the evening of the auction, if you wish to bid onsite. 
            Gas and oil rights will be offered separately from the surface rights.  These rights are held by production (HBP) by the existing wells.  Great wildlife habitat, oil and gas potential and mature timber, its all here.  Bid from home, the Kaufman Realty office or at the farm.  There will be no buyers premium.
Legal: Parcel #’s 090000275.000, 090000274.000, 090000273.000, 090000272.000.  Harrison County.  Freeport Twp.  Taxes for the entire farm are currently $600.00 per half year. 
TERMS: 10% nonrefundable down payment made day of auction, balance due at closing.  No financing contingencies.  Acreage and frontage amounts, including lot markers, are approximate and subject to final survey.  Any required inspections must be completed prior to bidding.  All information derived herein deemed from sources deemed reliable but not warranted.  No buyers premium.  Contact Jr. Miller for more info, map & brochure.