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Arenac, MI Sec 19-19N-7E
Arenac, MI Sec 19-19N-7E
Arenac, MI Sec 19-19N-7E
Lot Number:5520.03
Quantity:1
Buy Now:$4,162.50

This is a line item from the Michigan Basin Mineral Estate PICK YOUR TRACT list. Additional information and a list of all tracts being sold is available in BidEx Auction Lot 5520.

18.5 Net Mineral Acres (18.5 Gross Acres) in Section 19, Township 19N, Range 7E in Arenac County, Michigan.

All minerals are perpetual and include all formations.

There is no cost whatsoever in owning minerals in Michigan. No property taxes, etc. Also, there is no Michigan Income Tax on Royalty Income. Severance Tax is in lieu of Michigan Income tax on royalty.

Fixed Price $225/NMA.

MCEE will file the Mineral Deed for the winning bidder.  The recording fee is $120.00 and will be added to the invoice. 

This is a Buy-It-Now auction with one lot available for immediate purchase. To purchase this lot, click on 'Buy Now' and click 'Buy'.  The total amount will be shown. Click 'Buy Now' to complete the purchase.  An invoice will automatically be sent immediately following the sale.

County:Arenac
State:MI
Acres:18.5 NMA (18.5 Gross)
Legal Description:Part of Government Lot 1 described as: Commencing at Northwest corner of said Section 19; thence S 01 deg 54’00” W, along West Section line, 1320.25 feet to N/8 line; thence S 89 deg 30’00” E, along N/8 line, 1321.96 feet to W/8 line which is P.O.B.; thence continuing S 89 deg 30’00” E, along N/8 line, 772.17 feet to traverse line on shore of Lake Huron; thence N 52 deg 31’30” E, along said traverse line, 1052.14 feet; thence N 51 deg 34’54” W, 334.75 feet; thence S 66 deg 07’00” W, 1461.86 feet to W/8 line; thence S 01 deg 54’00” W, along W/8 line, 249.63 feet back to P.O.B. in Sec 19-19N-7E
Lot Summary 5520- 3.pdf