Live Webcast Auction
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Lot Was Passed
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Date(s)
8/4/2024 - 8/29/2024
AUCTIONEER INFORMATION
Bidding Notice:

A 5% 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.


Information
Lot # 2
Group - Category Real Estate - Farm Houses / Country Homes / Acreages
Lead Tract #2 (40 +/- Acres):
Description
NW/4 of the NW/4
Name 8/29 137 +/- Ac. (4 Tracts) | Glencoe/Stillwater Area, Payne
Auctioneer
Type Live Webcast Auction
Date(s) 8/4/2024 - 8/29/2024
Auction Date/Time Info
LIVE w/ONLINE BIDDING Thursday - August 29, 2024 - 2:00 P.M.
Preview Date/Time During Daylight Hours
Checkout Date/Time See Terms.
Location
Buyer Premium 5% Buyer's Premium
Description
137 +/- Acres (Offering 4 Tracts) | Good Sm. Grain/Livestock Land | Prairie Grass | Native Timber | Ponds | Home Site Potential | Glencoe/Stillwater Area, Payne Co., OK AUCTION Thursday August 29, 2024 2:00 P.M. Auction Location: The Meeting Room at the Town Hall, 220 W. Shepard St., Glencoe, OK 74032 (please use W. entrance) Land Location: From Glencoe (Intersection of N. Rose Ave. & Lone Chimney Rd. - Glencoe Ball Park), go 3 miles E. on Lone Chimney Rd. Main Features - Within 20 +/- Miles of Stillwater, OK - 66.67 Acres of Cropland with a 65.90 Acre Wheat Base & a 31 bu./ac. PLC Yield - Balance of land is in Good Grass Pasture/Hay Meadow, Trees, Ponds & Creek Tribute (Good Shelter & Grazing for Livestock & Excellent Wildlife Habitat) - Outstanding Rural Home/Cabin/Barndo/& Executive Home Sites - Soil Types of the Cropland Include Renfrow Silt Loams, Class III & IV; & Renfrow loam, Class IV - 4 Wire, Barbed, Perimeter Fence - Paved Road along the N. Side; Good, Rocked Road along the W. Side; US 412 (Cimarron Turnpike) along the S. Side - Glencoe School District - Note: An Electrical Power Line will be Constructed Crossing the SW/corner of the Subject Tracts Offered & Order of Auction Legal Description for Entirety (Tract #4): NW/4 of Sec. 10, Twp. 20N, R4 E.I.M., Payne Co., OK Less & Except that portion thereof previously conveyed for use as a Hwy/Cimarron Turnpike; Tract #1 (40 +/- Acres w/Trees & Ponds): NE/4 of the NW/4; Tract #2 (40 +/- Acres): NW/4 of the NW/4; & Tract #3 (57 +/- Acres): S/2 of the NW/4 Less & Except that portion thereof previously conveyed for use as a Hwy/Cimarron Turnpike Order of Auction: Tracts will be offered individually and in combinations to suit buyers. General Statements '23 Taxes for Entirety: were approx. $252.00. 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. Buyer's Premium: A 5% Buyer's Premium will be added to the high bid in the auction to determine the purchase price. 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. Contact Vicki Wiggins Allen, Auction Manager, at 580.554.4400 for any additional information you may need. | Visit WigginsAuctioneers.com for terms, details, photos, & online bidding! Sellers: Terry K. Greenfield, Laurie F. Ahrens, & the Juanita F. Greenfield Life Estate
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.
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
Currency USD
Buyer Premium 5% Buyer's Premium
Payment Terms
See Terms.
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