Holmes County Absolute Land Auction - RES Auction Services

Holmes County Absolute Land Auction

Holmes County Absolute Land Auction

Holmes County Absolute Land Auction

Tuesday, September 10th @ 5:30PM 

One of the Best Kept Secrets Minutes from Millersburg

 142 Acres – Woods – Timber – Oil & Gas Income

Live Auction w/ Online Bidding @ RES.bid

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Property Location: 5525 County Road 349, Millersburg, OH. Take State Route 39, West of Millersburg, to County Road 349. Watch for RES signs.

Auction Location: Holmes County Fairgrounds - Harvest Ridge Event Center: 8880 OH-39, Millersburg.

REAL ESTATE: Discover 142 acres of secluded woods, perfect for the avid outdoorsman, featuring harvestable timber, growing timber, recreational acreage, and oil and gas income. This property, previously landlocked, now boasts frontage access on CR 349, with a newly installed culvert for driveway access to 5525 CR 349, ensuring easy entry to your private retreat.

The land holds immense potential as a prime hunting ground with some effort in grooming existing trails and clearing areas for food plots. The woods are part of a larger, secluded wooded expanse located just west of Millersburg, providing a serene and private setting. Additionally, there is a 20 x 30 salvage structure with a stone basement on the property, offering potential for storage or a rustic cabin.

Leased for oil and gas, the property has a lease held by production. It currently hosts five wells—four of which are producing, with one out of production. Detailed information on the wells is available on the RES.bid website, with access to the wells across neighboring lands.

This land is under CAUV, having been selectively timbered over the years, and boasts both mature and growing timber. A power line crosses the southeastern portion of the property, adding to its utility and potential for development. Whether you're looking for a recreational haven, a hunting paradise, or an investment opportunity, this property offers a wealth of possibilities.

Open House: Pick up a brochure and walk the land at your leisure. Private showings available through Jon Mast, 330-763-3883.

Tax and Legal: Currently Parcel # 06-009220-001 (137.665 acres) and parcel # 06-01106-001(5 acres), Holmes County, Hardy Twp. Taxes are $1,652.06 plus new 5 ac assessment to be determined annually.

Terms: We require a non-refundable down payment at the close of the auction of 10% of the purchase price with the balance to be paid in full at closing within 30–45 days. There are no financing contingencies.  Any desired inspections must be completed before the auction. There is a 10% Buyer’s Premium in effect for this real estate auction. 10% of the highest bid will be calculated and added to the high bid to determine the contracted selling price.  The buyer will be given immediate possession at closing. Hunting rights will be given to the new buyer with the down payment on auction day.

Auction By Order Of

The Young Family

 

Andy White - Jon Mast, Auction Manager, 330-763-3883 – Seth Andrews, Broker

5525 County Road 349, Millersburg, Ohio 44654