5/22 160 +/- Ac. | 3 Tracts | Home Site & Hunting Potential

Live Webcast Auction

Wiggins Auctioneers, LLC

Ringwood Community Bldg., 314 N. Main St.

Ringwood, OK 73768

Date(s) 4/23/2024 - 5/22/2024

LIVE w/ONLINE BIDDING | Wednesday - May 22, 2024 - 10:00 A.M.

Prebidding Open

Shipping Not Available

Catalog

View Catalog (4 Lots)

Bidding Notice:

A 5% Online Buyer's Premium will be added to the high bid at auction to determine the purchase price. Neither the Seller nor the Auction Company is responsible in the event of loss of signal or delay of signal by either side.

Auction Notice:

ONLINE BIDDING AVAILABLE FOR INDIVIDUAL TRACT BIDDERS & ENTIRETY TRACT BIDDERS ONLY! ALL COMBINATION TRACT BIDDERS MUST ATTEND THE AUCTION LIVE!

Auction Information

Name	5/22 160 +/- Ac. \| 3 Tracts \| Home Site & Hunting Potential
Auctioneer	Wiggins Auctioneers, LLC
Type	Live Webcast Auction
Date(s)	4/23/2024 - 5/22/2024
Auction Date/Time Info	LIVE w/ONLINE BIDDING \| Wednesday - May 22, 2024 - 10:00 A.M.
Preview Date/Time	Wed., May 8th, 11:00 a.m. till 1:00 a.m. OR contact Vicki Wiggins Allen or Perry Wiggins, Auction Mgrs. at 580.554.4400/580.541.7942 for an appt. to view the home.
Checkout Date/Time	See Terms.
Location	Ringwood Community Bldg., 314 N. Main St. Ringwood, OK 73768
Buyer Premium	5% Online Buyer's Premium
Description	160 +/- Acres Located NW of Ringwood [Offering 4 Tracts including a Brick Home just shy of 1,900 SF, a 74' x 100' Farm Bldg., Artesian Well & 80 +/- Acres & Two 40 +/- Acre Tracts (Beautiful Home Sites)] \| Good Livestock Land/Outstanding Hunting Ringwood Area, Major Co., OK AUCTION Wednesday May 22, 2024 10:00 A.M. Auction Location: Ringwood Community Bldg., 314 N. Main St., Ringwood, OK 73768 Land Location: 265500 E. County Rd. 40, Ringwood, OK (Located from the Jct. of US 412 & SH 58 (Ringwood Jct.), 3 miles N. on SH 58, then approx. 1 ½ miles W. on CR 40 (N. into) Open House Date: Wed., May 8th, 11:00 a.m. till 1:00 a.m. OR contact Vicki Wiggins Allen or Perry Wiggins, Auction Mgrs. at 580.554.4400/580.541.7942 for an appt. to view the home. Main Features - 1,898 SF, 3 Nice Size BDRM, 1 ½ BA, Concrete Block Home w/Central H/A, Basement & Attached Garage - Approx. 74' x 100' Steel Frame, Farm Building w/ Concrete Floor, 4 Overhead doors, & 110/220 electric - Approx. 45' x 50' Wood Frame, Pole Barn w/ Dirt Floor & Electricity - Artesian Well and Live Creek (located on Tract #1) - Blackjack Timber & Grass Pasture (Good Shelter & Grazing for Livestock & Excellent Wildlife Habitat & Population - Deer, Turkey, Pheasant & Quail) - Excellent Land for Outdoor Recreation & Livestock Production - Outstanding Rural Home/Cabin/Barndo/& Executive Home Sites - Land has not been Planted for the Last Several Years but Carries a Base & Yield (According to the F.S.A. there are 94.79 +/- Acres of Cropland with a 76.40 Base & a 27 bu./ac. PLC Yield; & a 7.00 Acre Oats Base with a 40 bu./ac. PLC Yield - Soil Types of the Former Cropland Include Derby Loamy Fine Sand, Meno Loamy Fine Sand, & Burford Loam, All Class III - Water Well & Typical Farm & Ranch Utilities - Fences - Rocked Road along the S. Side & W. Sides - Ringwood School District Tracts Offered & Order of Auction Each Tract has a Nice Combination of Grass/Cropland & Native Blackjack Timber Legal Description for Entirety (Tract #4): SW/4 of Sec. 28, Twp. 23N, R10 W.I.M., Major Co., OK; Tract #1 (80 +/- Acres, Brick Home & Farm Buildings): E/2 of the SW/4; Tract #2 (40 +/- Acres): NW/4 of the SW//4; & Tract #3 (40 +/- Acres): SW/4 of the SW/4; Order of Auction: Tracts will be offered individually and in combinations to suit buyers. General Statements '23 Taxes for Entirety: were approx. $954.50 without homestead exemption. The 2024 taxes will be prorated to the day of closing. Minerals: Do not sell. Possession: Possession is to be given upon payment in full of the purchase price & transfer of title, 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, size, condition, etc. prior to auction day. Announcements made day of auction take precedence. Visit WigginsAuctioneers.com for terms, details, photos, & online bidding! Seller: The Robert Eugene Koehn Family

Terms and Conditions

1. I acknowledge that I have viewed or 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. A copy of the packet is available for review at wigginsauctioneers.com within 24 hours of the auction, or a copy of the packet may be requested by emailing info@wigginsok.com. 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, valid ID and signing and returning a copy of this form. 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 sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 100.00	2.50 USD
100.01 - 250.00	5.00 USD
250.01 - 500.00	10.00 USD
500.01 - 1,000.00	25.00 USD
1,000.01 - 2,500.00	50.00 USD
2,500.01 - 5,000.00	100.00 USD
5,000.01 - 10,000.00	250.00 USD
10,000.01 - 25,000.00	500.00 USD
25,000.01 - 9,999,999.99	1,000.00 USD

Payment Information

Currency	USD
Buyer Premium	5% Online Buyer's Premium
Payment Terms	See Terms.

Shipping / Pick Up

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Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.