Live Webcast Auction
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Price Realized:
320,000.00 USD
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Price Realized 320,000.00 USD
Date Sold 2024-07-16T00:00:00
Date(s)
5/16/2024 - 7/16/2024
AUCTIONEER INFORMATION
Bidding Notice:

AUCTION LOCATION: Onsite E0260Rd & N06050 Rd Lamont, OK, 74643 Directions to Farm: From Salt Fork, Oklahoma (5 miles south of Lamont, Oklahoma) go 1 mile east, watch for signs.


Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead 160± ACRES * PONDS * GRANT COUNTY * OKLAHOMA
Description
160± ACRES * PONDS * GRANT COUNTY * OKLAHOMA * LAMONT AREA * MINERALS SARAH & JIMMY REED AUCTION TUESDAY JULY 16TH 10:00AM AUCTION LOCATION: Onsite E0260Rd & N06050 Rd Lamont, OK, 74643 Directions to Farm: From Salt Fork, Oklahoma (5 miles south of Lamont, Oklahoma) go 1 mile east, watch for signs. This nice Garfield County farm consists of approximately 160 acres. According to the county F.S.A office there is 119.46 DCP crop acres with 116.46 wheat base, 38-yield, and Grain Sorghum 3 -acre base and 30-yield. The balance of the farm lays in grass pasture, ponds, some timber and improvements. The improvements include: water well, electric, older Quonset, older hay barn and granaries. There is good access with blacktop frontage on the south and county road on the west. The ponds are stocked with catfish, Bass and Perch. Principal soils are: Pond Creek Silt Loam, 1-3% slopes, class I; Grant Silt Loam, 1-3% slopes, class II; Kirkland Silt Loam, 1-3% slopes, class II; Port Silt Loam, 0-1% slopes, class II; small amount of Norge Silt Loam, 3-5% slopes class III Legal Description: SW/4 of Section (18), Township (25) North, Range (3), W.I.M. GRANT County, Oklahoma Taxes: $332.00 Rent Payment: Buyer will receive the 2nd half of the rent payment at closing. Possession: will be given January 1, 2025 Minerals: Selling with the surface rights. No income. Pre-Auction Offers: No pre-auction offers will be accepted prior to the auction date. Previewing the Farm: can be done on your own during daylight hours only. Internet Bidding: will be available by logging on to www.lippardauctions.com to register. Neither the auction company nor the seller is responsible in the event of loss of internet signal by either side. Terms: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance due upon delivery of marketable title Disclaimer: All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company nor the seller. Bidders should satisfy themselves as to any inspections prior to bidding. Financing must be in place prior to bidding. Any announcements made the day of the auction shall supersede all marketing or comments SELLER: SARAH & JIMMY REED
Name 7/16 SARAH & JIMMY REED AUCTION
Auctioneer
Type Live Webcast Auction
Date(s) 5/16/2024 - 7/16/2024
Auction Date/Time Info
TUESDAY JULY 16TH 10:00AM
Preview Date/Time Previewing the Farm: can be done on your own during daylight hours only.
Checkout Date/Time day of auction
Location
Buyer Premium 5% Buyers Premium
Description
160± ACRES * PONDS * GRANT COUNTY * OKLAHOMA * LAMONT AREA * MINERALS SARAH & JIMMY REED AUCTION TUESDAY JULY 16TH 10:00AM AUCTION LOCATION: Onsite E0260Rd & N06050 Rd Lamont, OK, 74643 Directions to Farm: From Salt Fork, Oklahoma (5 miles south of Lamont, Oklahoma) go 1 mile east, watch for signs. This nice Garfield County farm consists of approximately 160 acres. According to the county F.S.A office there is 119.46 DCP crop acres with 116.46 wheat base, 38-yield, and Grain Sorghum 3 -acre base and 30-yield. The balance of the farm lays in grass pasture, ponds, some timber and improvements. The improvements include: water well, electric, older Quonset, older hay barn and granaries. There is good access with blacktop frontage on the south and county road on the west. The ponds are stocked with catfish, Bass and Perch. Principal soils are: Pond Creek Silt Loam, 1-3% slopes, class I; Grant Silt Loam, 1-3% slopes, class II; Kirkland Silt Loam, 1-3% slopes, class II; Port Silt Loam, 0-1% slopes, class II; small amount of Norge Silt Loam, 3-5% slopes class III Legal Description: SW/4 of Section (18), Township (25) North, Range (3), W.I.M. GRANT County, Oklahoma Taxes: $332.00 Rent Payment: Buyer will receive the 2nd half of the rent payment at closing. Possession: will be given January 1, 2025 Minerals: Selling with the surface rights. No income. Pre-Auction Offers: No pre-auction offers will be accepted prior to the auction date. Previewing the Farm: can be done on your own during daylight hours only. Internet Bidding: will be available by logging on to www.lippardauctions.com to register. Neither the auction company nor the seller is responsible in the event of loss of internet signal by either side. Terms: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance due upon delivery of marketable title Disclaimer: All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company nor the seller. Bidders should satisfy themselves as to any inspections prior to bidding. Financing must be in place prior to bidding. Any announcements made the day of the auction shall supersede all marketing or comments SELLER: SARAH & JIMMY REED
Purchaser agrees above items were sold "AsIs, Where Is" and with all faults. No Warranty or Guarantee is expressed or implied and each item is the sole responsibility of the purchaser from the moment the auctioneer declared the item sold.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 2,500.00 USD
Currency USD
Buyer Premium 5% Buyers Premium
Payment Terms
Cash, Check, Wire
NA