Dutch Lane Road NW, Newark, OH 43055

Property Description

utch Lane NW, Newark, Ohio 43055. Bidding is now open! Located in McKean Township in western Licking County, this 46.11 acre property is being offered in 2 parcels and provides an excellent opportunity for farm investment, rural living, or building your country home. The ground is mostly tillable row-crop land on productive Centerburg and Bennington soils and is currently enrolled in CAUV. Annual farming lease income to seller is $6,300.00. Mineral rights convey with the sale, and annual oil/gas royalties range between $300.00 and $600.00. Parcel 1 is 5 acres and offers an ideal building site in a quiet country setting in the North Fork Local School District. Ideal for your new home with room to spare. Parcel 2 is 41 acres of mostly tillable cropland with level to gently rolling topography. Prime farmland on well-regarded central Ohio soils. An excellent farm investment or larger country property. Click Here For Directions Click Here For Zoning Information (Zoned AG) The auction will begin closing on November 7th at 12:00 PM EST. Bids may be placed online at any time or in person at the property on November 7th from 11:00 AM until the auction's conclusion. You may walk the property at your own risk and convenience. Licking County Parcel: 046-154548-00.002 (46.11 deeded acres). McKean Township. Zoned AG, Agricultural District. Approximate annual property taxes on the entire property are $1,012.78. North Fork Local School District. Clear title and a title insurance policy will be issued to the buyer at closing. There are no deed restrictions. A 10% buyer's premium will be added to the highest bid price (gavel price) to determine the final purchase price. Acceptance of auction terms is required prior to bidding. This auction has an undisclosed reserve price. If the highest bid meets or exceeds the reserve price, the highest bidder will execute the real estate purchase agreement. Auctioneer will provide auction link.