FREDERICK ESTATE AUCTION
20 ACRES – MINERAL RIGHTS – WAYNE TOWNSHIP – NOBLE COUNTY – OHIO – IN THE HEART OF THE UTICA SHALE PLAY – LARGE EXECUTIVE STYLE HOME – 2ND HOME
SENECA LAKE REGION –PANORAMIC VIEWS – 2013 FORD F-150 4×4 EXT.CAB LARIAT
4630 KUBOTA 4×4 TRACTOR – B2630 KUBOTA LAWN TRACTOR – FIREARMS
AND MORE – OPPORTUNITY KNOCKS!!!
25079 LASHLEY RD., QUAKER CITY, OHIO
DIRECTIONS: (If coming from the North or South) – From I-77, use Exit #37 (Senecaville Lake Exit), go East on St. Rt. 313, follow around Seneca Lake for 14 miles, turn left onto private drive, follow for 6/10ths of mile to auction site. (If coming from the East) – From I-70W, use Exit #202 (Barnesville Exit), follow St. Rt. 800 for 6.2 miles, through Barnesville), , turn right on St. Rt. 147, follow for 8.5 miles, turn right onto St. Rt. 313, follow for 2.7 miles, turn right onto private drive, follow 6/10ths of a mile to auction site. (If coming from the West) – Take I-70 to 70/77 interchange, head south on I-77, and follow directions from above. Signs will be posted.
SATURDAY, SEPTember 20, 2014
STARTING @ 10:30 A.M.
(REAL ESTATE SELLS @ 11:00 A.M. – FOLLOWED BY TRACTORS AND TRUCK)
OPPORTUNITY KNOCKS w/ this exquisite offering of real estate. You will definitely be pleased with the offering here. This property offers a wide array of possibilities. Whether you want a weekend get-a-way, a site to build your dream home, something to remodel, the possibilities are endless. This property is located in the Seneca Lake region, and offers walking trails to the lake. If privacy is what you are looking for – you may not want to look any further. Property has two separate parcels, and they are as follows:
PARCEL #1 – offers 11.6 +/- acres. This parcel has a home that needs some TLC, or if you’re not in the mood to redo, tear down, and rebuild. This parcel has access to a pond, and ample spots to build your dream home. This parcel also has a detached garage. We will be offering the minerals separate, they will not be offered with the surface. OPPORTUNITY KNOCKS!!!
PARCEL #2 – offers 8.3 +/- acres with a custom built home. Home offers approx. 4000 square feet of finished living space. Whether you want to entertain your family and friends, or relax in this home’s private setting – you truly will be the “King of the Castle”. Home offers an observatory where I am sure you will find yourself watching the sun set, or just enjoying looking out and enjoying the panoramic views. Once you have watched the sun set, you may want to find your way to the concrete pool and either relax poolside, as you listen to the waterfall, or swim. You may also find yourself relaxing in the pool room, whether watching t.v. or reading your favorite book. Home has three total bedrooms, one on each floor. The main floor of the home is designed with openness in mind. The exposed beams compliment the hardwood floors and the magnificent cherry staircase. Besides all I’ve mentioned, home has 2.5 baths, walk-out basement, second story deck off of the observatory, and a main story deck that wraps around the entire house, cedar poolside deck, one car heated attached garage (with room above – has been framed – just needs finished.), detached 24’x32’ building, elevator shaft (no elevator), island style kitchen with built-in range (plus a 2nd kitchen in the basement), and so much more – you truly need to come and experience this one for yourself, as my description will not tell the whole story. We will be offering the minerals separate, they will not be offered with the surface. OPPORTUNITY KNOCKS!!!
MINERALS TRACTS – We will be offering the minerals in and underlying the described parcels. There are three mineral parcels that will be offered individually. The following legal parcel numbers apply: PARCEL #1 – Legal Parcel # – 360051155001 – 11.59 assessed acres – title vested in the name of US Home Detention Systems Inc. (these minerals derive from Parcel #1). PARCEL #2 – Legal Parcel # – 360051155003 – 2.01 assessed acres – title vested in the name of Walter H. Frederick (these minerals derive from Parcel #2). PARCEL #3 – Legal Parcel # – 360051155002 – 6.24 assessed acres – title vested in the name of Walter H. Frederick (these minerals derive from Parcel #2). All of these parcels were leased to Eclipse Resources on August 20th, 2011. The lease is a 5 and 5 paid up lease. It calls for a 17.5% landowner royalty. Copies of the lease documents can be viewed @ www.edandbenschafer.com, or by calling Ben.
Ladies and gents – here is your opportunity to invest into one of the fastest growing shale plays in the entire United States. This area has been one of the most sought after by large oil and gas companies, as quite a bit of drilling is happening all around this acreage. The Utica Shale is becoming one of the most prolific shale plays ever. Here is your chance to get in on the excitement of the BOOM!!! OPPORTUNITY KNOCKS!!!
OPEN INSPECTION DATES:
SUNDAY, SEPT. 7TH FROM 1:00 TILL 4:00 P.M.
SUNDAY, SEPT. 14TH FROM 1:00 TILL 4:00 P.M.
TERMS: 10% non-refundable down day of auction – balance due at closing (30 days). Property sells “as-is/where-is” w/ no warranties implied or expressed. Property sells w/ no contingencies, all offers will be treated as cash offers. Any desired inspections must be done prior to bidding (including your own due diligence of the minerals being offered). Parcel #1 and parcel #2 will not be offered together, they will be only offered separate. The minerals from both parcels will be offered individually, and not combined with their parent surface parcel and/or the other minerals. Copies of the leases, as well as other documents may be viewed at www.edandbenschafer.com or by calling Ben. All information contained herein was derived from sources believed to be correct, but not warranted. Any announcements on auction day take precedence over any printed material.
AUCTION BY ORDER OF:
CHRISTINA M. MILLER, EXECUTRIX OF THE WALTER (BUD) H. FREDERICK ESTATE – NOBLE COUNTY PROBATE CASE # 20141018 DAVID B. BENNETT, ATTORNEY
AUCTION CONDUCTED BY:
ED AND BEN SCHAFER,
BEN SCHAFER REALTY
740-305-5054 • 740-584-SALE • 740-305-5049
AUCTIONEER’S NOTE – We are very excited for the possibilities of this fine and rare offering of real estate and minerals. Come bid your price at AUCTION. Keep an eye on upcoming ads to see complete list of the chattels that will be offered as well. There will be a complimentary lunch stand for all registered bidders. We hope to see everyone on the 20th – you will not be disappointed!!! Ed and Ben Schafer, Auctioneers.