Online Only Auction
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Price Realized:
115,000.00 USD
Shipping Not Available
Date(s)
2/8/2021 - 3/3/2021
Bidding Notice:

All pre-auction offers will be considered. This auction will utilize a soft close format (see terms & conditions #3). This is an internet-only auction. All bidding will take place online.

Auction Notice:

To be approved as an online bidder, a signed copy of the "terms and conditions" along with a signed bidder's certification must be received and approved by the auction office. (See terms and conditions for complete details.)


Information
Lot # 4a
Group - Category Real Estate - Commercial
Lead County Home, Barns, and ±10 acres - Tract #4a
Description
County Home, Barns, and ±10 acres, Kiowa County, Oklahoma ±10 Acres - Open Pasture 3 Bed, 2 Bath, 1,864 sq. ft Home New roof - 2017 Barns, Sheds, Silos, Carport Generac 20kw back-up generator Rural Water Pond Beautiful views of the Wichita Mountains 1.5 miles west of Tom Steed Reservoir Property Address: 21840 E 1550 Rd, Roosevelt, OK 73564 Legal Description: Approximately 10 Acres located in the NW/4 Sec 3-3-18, Kiowa County, Oklahoma Minerals: Selling the surface rights only All properties are available for purchase prior to the auction.
Name Kiowa County, OK +/- 800 Acres and Country Home for Sale
Auctioneer
Type Online-Only Auction
Date(s) 2/8/2021 - 3/3/2021
Auction Date/Time Info
The online auction will begin to close on Wednesday, March 3, 2021, at 6:00 pm CDT, utilizing a soft close format (see terms & conditions #3).
Preview Date/Time Sunday, February 21, 2021, 2:00 pm CDT - Call 580-323-6120 to schedule your appointment.
Checkout Date/Time 10% of purchase price shall be placed in escrow immediately following the close of the sale. Balance of purchase price to be due and payable upon acceptance of title. All taxes will be prorated to date of closing. Possession will be at closing.
Location
Buyer Premium 10% is added to the hammer price
Description
Kiowa County, OK +/- 800 Acres and Country Home - selling in 6 tracts All properties are available for purchase prior to the auction. Tract #1 - ±157 Acres, Kiowa County, Oklahoma Hunting & Grassland Multiple Ponds - one spring fed pond Great Deer & Hog Hunting Livestock Barn West of Roosevelt (Not included with Tract #1 - hunting blinds & stands, and cattle panels.) Legal Description: A Tract of land in the SW/4, Sec 2-4-18, less 2.76 acres, Kiowa County, Oklahoma Minerals: Selling the surface rights only Tract #2 - ±160 Acres, Kiowa County, Oklahoma Hunting & Cropland Small Ponds 1 mile north of Tom Steed Reservoir Legal Description: A Tract of land in the SW/4, Sec 25-4-18, Kiowa County, Oklahoma Minerals: Selling the surface rights only Tract #3 - ±160 Acres, Kiowa County, Oklahoma Cropland and Native Pasture Home & Outbuildings Small Ponds Rural Water 1.5 miles NW of Tom Steed Reservoir Legal Description: A Tract of land in the NE/4, Sec 34-4-18, Kiowa County, Oklahoma Minerals: Selling the surface rights only Tract #4 - ±150 Acres, Kiowa County, Oklahoma Crop and Grassland Ponds Rural Water 1.5 miles west of Tom Steed Reservoir Legal Description: A Tract of land in the NW/4 Sec 3-3-18, less 10 acres, Kiowa County, Oklahoma Minerals: Selling the surface rights only Tract #4a - County Home, Barns, and ±10 acres, Kiowa County, Oklahoma County Home, Barns, and ±10 acres, Kiowa County, Oklahoma ±10 Acres - Open Pasture 3 Bed, 2 Bath, 1,864 sq. ft Home Barns, Sheds, Silos, Carport Generac 20kw back-up generator Rural Water Pond Beautiful views of the Wichita Mountains 1.5 miles west of Tom Steed Reservoir Property Address: 21840 E 1550 Rd, Roosevelt, OK 73564 Legal Description: Approximately 10 Acres located in the NW/4 Sec 3-3-18, Kiowa County, Oklahoma Minerals: Selling the surface rights only Tract #5 - ±160 Acres, Kiowa County, Oklahoma Cropland Ponds 3.5 miles west of Tom Steed Reservoir Legal Description: A Tract of land in the SW/4, Sec 5-3-18, Kiowa County, Oklahoma Minerals: Selling the surface rights only
All pre-auction offers will be considered. A 10% 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. 1. To be approved as an online bidder, a signed copy of this "terms and conditions" along with a signed bidder's certification must be received 48 hours prior to the close the of auction and approved by the auction office. Bidders may be subject to a deposit in order to participate. The deposit is fully refundable to non-winning bidders. Bidders must provide a photocopy of a valid state-issued identification. 2. The bidder is exclusively and solely responsible for any and all bids placed through their registered bidder ID. Bidders must not share or disclose their passwords to anyone. 3. Bidding increments shall be determined at the sole discretion of the auctioneer and will be posted on the bidding website. This auction utilizes a soft close option, which means if a bid is placed within the last 5 minutes prior to that item ending, the time is automatically extended for an additional 5 minutes. This process continues until all bidding ceases. 4. Property will sell subject to owner's confirmation. The Bidder expressly agrees that the bidder has inspected the property, or has had the opportunity to inspect the property, and is aware of the flaws, if any, and is fully prepared to pay for this purchase in full at time of closing. a) The sale shall not be contingent upon the sale of any other property, nor shall it be contingent upon financing in any manner. b) Bidder assumes all liability for the inspection process, including releasing the seller and the auctioneer from any claim of injury or harm during the inspection. c) A failure by the bidder to inspect the property shall not be grounds to terminate or void any contract. 5. It is the Purchaser's sole responsibility to: a) perform all inspections (legal, environmental, economic or otherwise) of the property and to be satisfied as to its condition prior to bidding b) review all property information and due diligence materials c) independently verify any information they deem important including information available in public records d) inquire of public officials as to the applicability of and compliance with land use and environmental laws, zoning, building and health & safety codes and ordinances and any other local, state or federal laws and regulations. 6. All information contained in the website and all promotional materials, including but not limited to, photographs, directions, acreage, square footage, dimensions, zoning, maps used for promotion, environmental conditions, taxes, etc., was provided by or on behalf of the Seller and is believed to be correct; however, neither the Seller nor the Auctioneer makes any promise, representation, guarantee, or warranty as to the accuracy or completeness of such information. 7. These properties sell "As-Is" with no warranties express or implied, unless specifically stated. 8. Property included in the sale is the real estate only or as listed in the property description. Unless specifically listed, no personal property will transfer with the sale of the real property. 9. Buyer's Premium: A ten percent (10%) buyer's premium will be added to the final accepted bid and charged to the buyer to determine the final sales price. For example, a top bid of $100,000, plus a 10% buyer's premium of $10,000 will result in a sales price of $110,000. 10. The down payment will be payable Kiowa County Abstract Co. Payment shall be made by direct wire transfer. 11. Real Estate Taxes: The taxes will be prorated to the day of closing. 12. Closing: a) Closing shall take place at the office of Kiowa County Abstract Company, located at 108 E 4th St., Hobart, OK 73651. b) Closing fees will be split between the buyer and the seller. c) Closing will be held on or before 3:00 PM CDT, April 19, 2021. Seller/Auctioneer may elect to extend the date of Closing on a case-by-case basis at Seller/Auctioneer's sole option. 13. Possession of Tract #1 and Tract #4a will be given at closing, and Tract #2, #3, #4, #5 will be given July 1, 2021. 14. The Successful Bidder shall execute a "Real Estate Auction Contract of Sale" for the property immediately after being declared the Successful Bidder by the Auctioneer. 15. Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigation, and due diligence concerning the property. 16. United Country Heard Auction & Real Estate, and their representatives are exclusive agents of the Seller. There is no buyer's agency. There is no duty from the Auctioneer to the buyer. 17. All announcements made up to the final close of the Auction bidding take precedence over all advertising, oral or printed material. 18. All marketing information and PIP materials were gathered from reliable sources and are believed to be correct as of the date they were published; however, the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on and are for representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the Seller or Auctioneer to update this information. 19. The Bidder waives any claims against the Seller; and the Auctioneer, his agents, employees, or assigns, for a failure of the electronic bidding technology in any manner, including the failure of the system to accept, process, or register a bid. 20. Disclaimer: Bidders are advised to independently verify all information they deem important. Each property is being sold "As-is, Where-is" and with "All Faults" whether known or unknown, presently existing or that may hereafter arise. The Seller and Auctioneer have not made, do not make and will not make, and hereby disclaim, any representation or warranty, whether expressed or implied or statutory, whether oral or written, with respect to the Property, including, without limitation, any warranty as to its value, condition, acreage, square footage, state of repair, structural integrity, habitability, suitability, merchantability, marketability, operability, visibility, zoning or subdivision regulations, mineral rights, environmental condition or fitness for a particular use or purpose. No Guarantees are given as to the availability of utilities or accesses, the permitted or allowable used of the Property. Buyer agrees to take full responsibility of investigating the property and not rely on any information provided or to be provided by seller or broker or auctioneer. Buyer further acknowledges and agrees that any information provided by or on behalf of seller with respect to the property including, without limitation, all information contained in any property information package previously made available to buyer by seller and broker was obtained from a variety of sources and that seller and broker and auctioneer have not made any independent investigations or verification of such information and make nor representation as to the accuracy or completeness of such information. 21. Neither the Seller, its attorneys, any broker, nor the Auctioneer, shall be liable for any relief including damages, rescission, reformation, allowance or adjustments based on the failure of the Property including, but not limited to, amount of acreage, square footage, zoning, and environmental condition to conform to any specific standard or expectation, or any third-party documents of information. 22. Auctioneer's Agency Disclosure: The Auctioneer is acting as the agent for Seller and has completed a separate agreement with the Seller. For questions call Corky Heard, at (580) 331-9316.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 149,999.99 2,500.00 USD
150,000.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% is added to the hammer price
Payment Terms
A) The successful bidder must pay a 10% down payment (earnest money) by wire transfer within 24 business hours of the auction day. B) Balance will be due within 45 days of auction. C) There are no contingencies on sales. D) The amount of the down payment (earnest money) shall be ten percent (10%) of the FINAL sale price. E) The down payment will be payable to Kiowa County Abstract Company. F) Payment shall be made by direct wire transfer.
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