Meigs County Land & Minerals Auction85 Acres Land & Gas/Oil Rights Location: 31040 Old Dexter Road Salem, OH 45741. GPS Coordinates: 39.106953,-82.219555. From Dexter: Head east on McCumber Hill Road towards Carpenter Hill Road. Take first left onto Carpenter Hill Road, drive 1.7 miles then turn left onto Old Dexter road. Follow 100 feet to property.Wednesday May 9th, 2012Ending at Approximately 5:00 PM*85 Acres * Cabin Style Home* Idyllic Setting * Salem & Columbia Twp. * Meigs Co. * Meigs & Alexander Local Schools * No Current or Active Leases* Utica Shale Potential* Gas & Oil Rights Offered SeparateOffering a terrific investment opportunity in SE Ohio with this 85-acre tract in Meigs County OH. located near the Athens County line. The setting is American country at its finest with the old springhouse, chicken coop and bank barn still in useable condition surrounded by mature trees next to the pond. The existing home on the property is a newer cabin style home and is move-in ready. The home has all the modern amenities along with wood exterior and a maintenance free steel roof. The interior is a mix of pine siding and drywall with unique custom kitchen and 2 bedrooms. The land is primarily wooded with some old growth areas that could still be reclaimed for pasture etc. if desired. The hunting will be exceptional. The property will be offered in surface rights only parcels and gas/oil rights only parcels and, may be purchased as one unit. Feel free to walk the property at your convenience and risk. Terms: 10% nonrefundable down payment, balance at closing, no financing contingencies. In bidding buyer is asserting that they will have the funds to close. 10% buyer's premium will be added to highest bid price to determine final contract price. *Any bid placed in the last 5 minutes will extend auction additional 5 minutes. Any required inspections must be completed prior to bidding. Acreage amounts, frontage markers are approximate and subject to final survey. Property will be offered in parcels and combination. All information gathered from sources deemed accurate but is not guaranteed. Buyer must independently investigate and confirm any information or assumptions on which any bid is based. Legal: Parcel #'s 1300262001 & 0500300001 in Salem & Columbia Townships of Meigs County and the Meigs & Alexander Local Schools. Taxes per half: $433.05 prorated to time of closing and buyer to pay any recoupment.
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