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Very productive crop land with nearly 140 acres being tilled and the balance in pasture and timber. Crop share for 2016 is and negotiable thereafter. The current owner is producing 12 barrels of oil per day with potential future drilling. Seller retains 50% of the minerals and will jointly enter into a new oil & gas lease with Buyer where Buyer and Seller will both have a 6.25% Royalty interest in the new oil and gas lease.This property is an easy property to access, just mile off the hard surfaced 1055/Ohio Road and south out of Baldwin. Possession upon closing, subject to tenants rights.
3380 & 3391 Stafford Road, Franklin County just mile off the hard surfaced 1055/Ohio Road south out of Baldwin City
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