Live Webcast Auction
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Price Realized:
511,000.00 USD
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Price Realized 511,000.00 USD
Date Sold 2018-10-18T00:00:00
Date(s)
10/18/2018
Auction Notice:

A 5% buyer's premium will be added to the bid price. The contract price will be equal to the bid price plus the Buyer's Premium.


Information
Lot # 200
Lead Productive Cropland
Description
Tract 2 consists of 149.46 acres of farmland and has 145.84 acres of very productive cropland. The FSA records indicate a wheat base of 143.6 acres and an average yield of 50 bu./A. This farm is enrolled in the PLC program. Improvements include electrical power, water well and a small barn with an attached cattle shed. Soil types are Pond Creek fine sandy loam 1-3% slopes and Lovedale fine sandy loam 1-3% slopes. LEGAL DESCRIPTION: Southwest Quarter (SW/4), Section Eight (Sec. 08), Township Fourteen North (T14N), Range Fourteen West (R14W), Indian Meridian, Custer County, Oklahoma. Surface rights only.
Name 320 Acres South of Thomas, Oklahoma
Auctioneer
Type Live Webcast Auction
Date(s) 10/18/2018
Location
Description
320 Acres offered in 2 Tracts Tract 1: This tract consists of 153.63 acres of farmland and has 151.41 acres of very productive cropland. The FSA records indicate a wheat base of 144.9 acres and an average yield of 50 bu./A. This farm is enrolled in the PLC program. The farm has electrical power and a water well. Soil types include Pond Creek silt loam 0-1% slopes, Pond Creek silt loam 1-3% slopes, Grant loam 1-3% slopes, Grant loam 3-5% slopes. LEGAL DESCRIPTION: Southwest Quarter (SW/4), Section Five (Sec. 05), Township Fourteen North (T14N), Range Fourteen West (R14W), Indian Meridian, Custer County, Oklahoma. Surface rights only. Tract 1: Property Directions: From Thomas,OK (Hwy 33 & 54 intersections) 2.5 miles south on hwy 54 Tract 2: consists of 149.46 acres of farmland and has 145.84 acres of very productive cropland. The FSA records indicate a wheat base of 143.6 acres and an average yield of 50 bu./A. This farm is enrolled in the PLC program. Improvements include electrical power, water well and a small barn with an attached cattle shed. Soil types are Pond Creek fine sandy loam 1-3% slopes and Lovedale fine sandy loam 1-3% slopes. LEGAL DESCRIPTION: Southwest Quarter (SW/4), Section Eight (Sec. 08), Township Fourteen North (T14N), Range Fourteen West (R14W), Indian Meridian, Custer County, Oklahoma. Surface rights only. Tract 2: Property Directions: From Thomas,OK (Hwy 33 & 54 intersections) 3.5 miles south on hwy 54
Terms & Conditions: 10% of the purchase price of the real estate will be deposited in escrow the day of sale with the balance due upon closing. The Seller will have a reasonable period of time to furnish the abstract. The Buyer will have 15 days to examine the abstract and closing will be within 5 days of acceptance of title. Possession will be upon closing. Buyer may begin farming operations immediately following the auction as per the terms of the purchase contract. Selling surface only. Maps/pictures are for reference only. Any announcements sale day take precedence. Property sells subject to confirmation by the Seller. * Reserve the right to reject any bid at your sole discretion.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 1,000.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Payment Terms
All online purchases are to be paid by wire transfer only, unless other arrangements have been made with the auction company. Payment is due within 24 hours of invoicing. Please contact auction company for wire transfer information (see Terms and Conditions for more information). Internet Buyers agree to pay a 5% online Buyers Premium to the auction company. All items sell 'As Is, Where Is'. Credit Cards are only used as a verification tool, unless the bidder fails to pay by the agreed upon terms. In that case, the Auction Company has the right to and may proceed with charging the Credit Card the bidder used to register. All funds are U.S. Dollars. Balance is to be paid by wire transfer within 24 hours of invoices being sent. Any wire transfer fees are to be paid by the Buyer.
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