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Gladwin, MI Sec 28 & 29-19N-1W
Gladwin, MI Sec 28 & 29-19N-1W
Gladwin, MI Sec 28 & 29-19N-1W
Lot Number:5520.25
Quantity:1
Buy Now:$38,243.25

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.

169.97 Net Mineral Acres (169.97 Gross Acres) in Section 28 & 29, Township 19N, Range 1W 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:169.97 NMA (169.97 Gross)
Legal Description:S/2 SW/4, EXCEPT parcel of land described as: Commencing at S/4 corner of said Section 28 which is P.O.B.; thence N 88 deg38’29” W, along South Section line, 326.16 feet; thence N 00 deg 46’12” W, 1335.18 feet to S/8 line; thence S 89 deg 08’46” E, along S/8 line, 326.06 feet to N-S/4 line; thence S 00 deg 46’12” E, along N-S/4 line, 1338.05 feet back to P.O.B. FURTHER EXCEPT parcel of land described as: Commencing at S/4 corner of said Section 28; thence N 88 deg 38’29” W, along South Section line, 1308.87 feet to P.O.B.; thence N 00 deg 46’12” W, 1326.52 feet to S/8 line; thence S 89 deg 08’46” E, along S/8 line, 655.66 feet; thence S 00 deg 46’12” E, 1332.30 feet to South Section line; thence N 88 deg 38’29” W, along South Section line, 655.85 feet back to P.O.B.in Sec 28-19N-1W AND S/2 SE/4; SE/4 SW/4 Sec 29-19N-1W.
Lot Summary 5520- 25.pdf