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NAMEADDRESSAUCTION PRICE
Parcel #1 Land Home & Bldgs 314 Country Lane Rd
Prospect, PA 16052
$297,000.00
Parcel #2 Land Pond & Spring Country Lane Rd
Prospect, PA 16052
$339,281.00
Parcel #3 Land Country Lane Rd
Prospect, PA 16052
$326,985.00
Entirety-A Oil & Gas 314 Country Lane Rd
Prospect, PA 16052
$584,276.00


Gehm Trust – 198+ Acre Farm Offered In 3 Parcels – Oil And Gas Rights Sell Separate

Saturday, October 19, 2019 - 1:30 PM   -   Real Estate Sells at: 1:30 PM
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Gehm Trust
Attn: Investors, Farmers, Recreation
& Hunting Enthusiasts
198+ Acre Farm Offered In 3 Parcels
Oil And Gas Rights Sell Separate
Open Rolling & Wooded Land W/Stream & Pond
Spacious Century Home On 46 Acres
Zoned Agricultural
Prospect Borough – Connoquenessing Twp.
Butler County, PA
Absolute auction, all sells to the highest bidders on location:
314 Country Lane Rd., Prospect, PA 16052
Directions: Located approx. 45 minutes north of Pittsburgh. From RT 422 east of I-79 and west of Butler to RT 528 then south of Prospect to Country Lane Rd. and auction. Or from I-79 north take exit 83 to RT 528 and go north to Prospect and auction. Watch for KIKO signs.
REAL ESTATE: Zoned Agricultural

PARCEL #1:
Approx. 46 acres mostly open and tillable land w/ spacious 2-story home ready for updating. First floor with living room w/ fireplace and wood burning insert, wood pegged floors, hand hewn beams and walls. Kitchen w/ wood pegged floors. Utility room, full bath, and den or office. 2-car attached garage. 5 bedrooms, 2 full baths, and bonus room up. Partial walkout basement. 32 x 60 pole barn and spring house. Approx. 800' frontage.

PARCEL #2: Approx. 83.14 acres mostly open rolling and tillable land with pond and spring. Balance wooded. Approx. 1,500' frontage.

PARCEL #3: Approx. 69.5 acres rolling land, approx. 60% wooded balance tillable and open land. Approx. 1,250' frontage.

PARCEL 1-A: Approx. 46 acres oil & gas rights. No leases.

PARCEL 2-A: Approx. 83.14 acres oil & gas rights. No leases.

PARCEL 3-A: Approx. 69.5 acres oil & gas rights. No leases.

NOTE: Great location. Easy access to Pittsburgh, I-79, I-76, and I-80. Just south of Moraine State Park and Lake Arthur. Land will be offered first in parcels and together followed by the oil and gas rights in parcels and together. Walk this land over at your convenience!

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Real Estate Terms
15% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price, which goes to the seller. 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. Property to be offered as a Multi Par auction and sold whichever way it brings the most.
Auction Order Of
Bruce E. Brocker, Trustee for the Irrevocable Trust of Mary Ann Gehm
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Auction Team
Joseph F. Gordon
Joseph F. Gordon,
Auctioneer/Realtor
330-455-9357 ext 161
Auction License #: AU003777R
Real Estate License #: RS222614L
Company License #: AY000170L


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