Ohio 301, Wellington, OH 44090 - Lorain County

Lorain County Land Auction

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74 Acres offered in 1 parcel

Oil & Gas Rights Transfer

Location: 2169-22899 Ohio 301, Wellington, OH 44090

GPS Coordinates: 41.155733,-82.122363

Directions: From Wellington OH follow SR 18 East 5 miles to SR 301 then South 1 mile to intersection of Jones Rd & SR 301 property will lay to the East of SR 301

Auction Ends Monday Nov. 5th at 5:00* PM

74 Acres* Tillable Cropland* All Mineral Rights Transfer to Buyer* No Current Lease* PENFIELD TWP * KEYSTONE LSD* Lorain County

Located just 5 miles east of Wellington, Ohio this 74 Acre tract is approximately 65%-70% tillable and has frontage on SR 301, Jones Rd. & Indian Hollow Rd. Soil content includes mostly Lobdell and Fitchville silt loam. This farm will be in the Utica shale play according to geology maps. Located in the heart of corn & soybean country. What a great investment opportunity at a time when commodity prices are at all time highs and still rising. Feel free to inspect this property at your convenience. Kaufman Staff will be onsite from 3:30pm until auction closes on November 5th, to assist anyone with onsite bidding on this property.

Terms: 10% nonrefundable down payment, balance at closing, no financing contingencies. In bidding buyer is asserting that they will have the funds to close. A 10% buyers premium will be added to the final gavel (bid) price to determine the contract price. Any required inspections must be completed prior to bidding. All information gathered from sources deemed accurate but is not guaranteed. Announcements day of sale take precedence over all previous advertising and statements. *Any bid placed in the last 5 minutes will extend auction additional 5 minutes. Closing with-in 30-45 days from auction.

Legal: Parcel #s 1902018000007, 1903016000003, 1902017000010 in Penfield Twp, Lorain County and the Keystone LSD. Taxes are currently 976.50 per yr.

Auction by Order of: Wilcox Land Finance