Grundy Auction Attention Landseekers – Gas & Oil Investors Auction #1 – 78+ Acres of Vacant Land in One Tract Approx. 1/3 Tillable, Balance Wooded with Stream – Frontage on Two Roads – Some Mar
Monday, July 13, 2015 - 6:00 PM - Real Estate Sells at: 6:00 PM
Owned for many years, family will set at Absolute auction, all sells to the highest bidder on location:
Frogtown Rd & Reiber Rd, Hermitage, PA 16148
SOLD $245,501.00
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1 - Surface
Frogtown Rd Reiber Rd Hermitage, PA 16159
$155,053.00
2 Gas & oil rights
Frogtown Rd Reiber Rd Hermitage, PA 16159
$90,448.00
Grundy Auction Attention Landseekers – Gas & Oil Investors Auction #1 – 78+ Acres of Vacant Land in One Tract Approx. 1/3 Tillable, Balance Wooded with Stream – Frontage on Two Roads – Some Marketable Timber Auction #2 – Gas and Oil Rights on 78 Acres with Active Lease Mercer Co – Lackawannock Twp./Also City of Hermitage – West Middlesex Schools/Hermitage Schools – Close to I-80 & I-376 – Convenient Location – Hermitage/W. Middlesex Area
Directions: From I-80 take I-376 south to PA Rt 318 (Mercer West Middlesex Rd) east 3.5 miles to Reiber Rd and north 1.2 miles to auction. Watch for KIKO signs
Auction #1 – 78+ acres on Frogtown and Reiber Rd – loads of frontage on two sides of the road. Mostly wooded w/ nice stream. Approx. 1/3 tillable crop land – lays level – nice location – two gas wells on property.
Auction #2 – 78 acres of gas and oil mineral rights with active Atlas lease and royalties.
Auctioneer Note: Parcels 1 & 2 sold by the acre, choice. Maps at site.
Real Estate Terms
TERMS ON REAL ESTATE: 10% down auction day, balance due at closing. Buyer's premium of 10% to be added to the final bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.