Name 10/29 | 145 +/- Ac. of Productive Cropland | Country Home
Auctioneer Wiggins Auctioneers, LLC
Type Live Webcast Auction
Date(s) 10/13/2020 - 10/29/2020
Thursday - October 29, 2020 - 10:00 a.m.
Preview Date/Time Thurs., Oct. 22nd, 4:30-6pm OR call Lynsie at 580.554.2633 for appt. to view the home.
Checkout Date/Time See terms.
Location The Board Room, Garfield Co. Fairgrounds, 111 W. Purdue Ave.,
Enid, OK 73701
Buyer Premium No Buyer's Premium
Description
145 +/- Ac. of Productive Cropland (Mostly Class I Soils) | Country Home/Home Site Potential & Out-bldgs on 7 +/- Ac. | Corner of Rupe Ave. & Wheatridge Rd. (Blktp) Joins Enid's New Soccer Complex & Other Development | Exc. Investment Opportunity AUCTION Thursday - October 29, 2020 - 10:00 a.m. Auction Location: The Board Room, Garfield Co. Fairgrounds, 111 W. Purdue Ave., Enid, OK 73701 Open House Date: Thurs., Oct. 22nd, 4:30-6pm OR call Lynsie at 580.554.2633 for appt. to view the home. Tract #1 (145 +/- Acres of Highly Productive Cropland/Development Land) • Corner of Rupe Ave. & Wheatridge Rd. (Blacktop frontage) • Joins Enid's new Soccer Complex • Excellent investment/development opportunity • 143.49 acres of cropland with a 142.4 acre wheat base & 39 bushel per acre PLC yield • Principle soil type is Pond Creek silt loam, Class I; with a lesser amount of Grant silt loam, Class II Tract #2 (Home & Out-bldgs on 7 +/- Acres/New Home Site Potential) • 1411 S. Wheatridge Rd., Enid (Country living, less than 5 minutes of Enid) • Great potential for new home site with utilities readily available (water well, elec. & septic) • Fixer-upper, 4 BDRMS, 2 BA home with 1,680 +/- sf of living area & central h/a • Windows, vinyl siding, & roof covering replaced approx. 13 years ago • Chicken house has been converted into a 1 BDRM, 1 BA apartment with kitchen, living area, & utility (window air unit & gas heat) • Barn/shed with lean-to & old-style drive-through granary • Blacktop frontage along Wheatridge Rd. Legal Description: SW/4 16-22-7, Garfield Co., OK Order of Auction: Tracts #1 & #2 will be offered individually only. Taxes: '19 taxes for Tract #1 were approx. $675.00; '19 taxes for Tract #2 were approx. $566.00. The 2020 taxes will be prorated to the day of closing. Minerals: Do not sell. Crop: Does not sell. Possession of Tract #1: at closing, subject to the existing ag lease which expires upon completion of harvest of the presently growing 2020-2021 crop or July 1, 2021, whichever is later. One-half of the cash rent payment in the amount of $3,500.00, due and payable on or by Jan. 1, 2021 shall be paid to the Buyer. Possession of Tract #2: at closing. Registration: All bidders are required to register with valid form of ID and acknowledge and agree to auction terms & conditions. Absentee bidders who wish to authorize another person to bid/purchase on their behalf, please provide a letter of authorization. Contact the Auction Company for details. Terms: 10% of the purchase price is to be placed in escrow day of auction with the balance being due upon delivery of merchantable title. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, crop base, condition, etc. prior to auction day. Announcements made day of auction take precedence. Contact Perry Wiggins or Lynsie Sturgeon, Auction Managers, at 580.541.7942 or 580.554.2633 for any additional information you may need. Visit wigginsauctioneers.com for terms, details, photos, & online bidding! Seller: The Baade Family Estate History of Baade Family Farm The J.A. (August) and Marie Baade farm west of Enid commenced with a Certificate of Purchase from the Commissioners of the Land Office, filed in Enid Sept. 20, 1915. Amply described by text, vintage photographs, and documents in The Rev. Eugene W. Baade's book, More Than Just A Living, about his grandparents and their siblings, the Baades developed their farm around livestock, wheat, and produce. Their economic progress was described in a July 1925, Farm and Fireside article written by J.A. Baade. Central to their success was the development of a market in Enid for dairy products and homemade sausage of the highest quality. Detailed ledgers maintained around 1920 describe in fine detail the business of the farm. John August and Marie raised 3 children: Walter, Esther, and Arthur. J.A. died in 1950. Marie who outlived their children, died at the age of 99 in 1980. Upon her death the farm went to the grandchildren and is also presently co-owned by great-grandchildren. Grandson Dale Baade and his wife, Barbara, began occupying the farm in the 1970s. Since his passing in 2016, the farm has been rented out by the family and remains in a wheat-producing farm. Article, revised, written by August and Marie's grandson, The Rev. Eugene W. Baade of Renton, WA, for inclusion in OKLAHOMA CENTENNIAL FARMS AND RANCHES: Preserving Our Agricultural Heritage of Family Owned Farms and Ranches- 30th Anniversary Edition. Oklahoma Historical Society and Acclaim Press, OKC, OK and Morley, MO, 2020
Auction Terms & Conditions By accepting terms and conditions, I hereby certify that: 1. I acknowledge that I have received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), Real Estate Purchase Contract, and Open Commitment for Title Insurance, if applicable. 2. I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction. 3. I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Real Estate Purchase Contract. 4. I have examined the Real Estate Purchase Contract and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing. 5. I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself as to any inspections, current condition, usability, etc. prior to bidding. 6. I understand that if I am the successful bidder, I agree to complete and sign the Real Estate Purchase Contract immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Real Estate Purchase Contract. 7. I understand that my registration for the auction will not be accepted without providing name, address, phone, and valid ID. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising. 8. I hereto agree to accept by electronic means, and that the electronic acceptance shall have the same force and effect as an original acceptance. --------------------------------------------- ------------------------------------------ Terms Of Use

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