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Gladwin, MI Sec 25-18N-1E
Gladwin, MI Sec 25-18N-1E
Gladwin, MI Sec 25-18N-1E
Lot Number:5520.23
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 25, Township 18N, Range 1E in Gladwin 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:Gladwin
State:MI
Acres:18.5 NMA (18.5 Gross)
Legal Description:NE/4 SW/4, EXCEPT parcel of land described as: Commencing at S/4 corner of said Section 25; thence N 00 deg 34’27” W, along N-S/4 line, 1320.54 feet to P.O.B.; thence continuing N 00 deg 34’27” W, along N-S/4 line, 670.40 feet; thence N 88 deg 42’41” W, 959.13 feet; thence S 63 deg 44’30” W, 229.08 feet; thence N 25 deg 46’15” W, 199.05 feet; thence N 09 deg 20’27” E, 583.00 feet to E-W/4 line; thence N 88 deg 46’ 22” W, along E-W/4 line, 157.47 feet to W/8 line; thence S 00 deg 16’43” E, along W/8 line, 1318.94 feet to S/8 line; thence S 88 deg 42’41” E, along S/8 line, 1314.33 feet back to P.O.B. in Sec 25-18N-1E
Lot Summary 5520- 23.pdf