Sat., April 30, 2016 at 11:00am
57885 Mel Frakes Rd.
SAT. APR. 30, 2016
starting at 11:00AM
ArchitecturalLY Designed 3,400+ Sq. Ft.
Building With 28.5 Acres Of Land
Wayne Township – Noble County
50% Of Future gas & Oil Royalties To Transfer
Absolute auction, property sells to highest bidder on location: 57885 Mel Frakes Rd. (County Rd. 33) Salesville, OH 43778. Directions: Take I-77 south towards Marrietta, take exit #46 US 40 (Pike Rd.) toward Old Washington east on 40 2.6 mi. to Leatherwood Rd., then right 9.7 to Frankfurt Rd. then right 1.7 mi. to stop sign (New Gottingen Rd.) take short left and short right onto Frankford Rd. (becomes MelFrakes Rd. in Noble County). Approx. 2 miles to property on right. Watch for KIKO signs.
REAL ESTATE: Architecturally designed building having 3,400+ sq. ft. on main level plus approx. 2,100 sq ft full walk out basement. Block construction built approx. 2004 for expert furniture craftsman the late Arden Riddle. Foyer entrance, oversized attached garage, large approx. 48’ x 24’ gallery or showroom, approx. 15’ x 40’ workshop, large living room – dining room area, bedroom, kitchen and bath areas. Full walk out basement with concrete steps leading down from main level. Heavy electric service. Building needs completed, major components in place including 2 propane furnaces, radiant ceiling heat, central air, well and septic, electric service.
NOTE: Well built, adaptable to many uses, better take a look. 28+ Ac. Mostly wooded, sells as one parcel. 50% of future gas & oil royalties to transfer, presently under lease. Go to www.kikoauctions.com for pictures. Property open for inspection 9:30AM auction day.
TERMS ON REAL ESTATE: 15% down auction day, balance due at closing. There will be a 10% buyer premium added to the final bid to determine 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.
AUCTIONEER/REALTOR: Lennie E. Milano, CAI, Ext. 120 (330-495-3900)
AUCTION BY ORDER OF:
Arden Riddle Museum & Gallery
KIKO Auctioneers (330) 455-9357 • www.kikoauctions.com