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Date(s)
11/3/2024 - 12/6/2024
AUCTIONEER INFORMATION
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.


Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead Farm #1: 120 +/- Acres
Description
Farm #1: 120 +/- Acres Improved with an 8 Tower, 2012 Reinke Center Pivot Irrigation System, 5 Irrigation Wells, Domestic Well, 3 Phase & Single-Phase Electric Service, & Perimeter Fences - Located from the Ringwood Junction (US 412 & SH 58), go approx. 5 miles SW on SH 58, then ½ mile N. on NS 265 Rd., & ¼ mile W. on EW 47 Rd. to the NE/corner of Farm #1 OR from the Ringwood Junction (US 412 & SH 58), 2 miles W. on US 412, then 4 miles S. on NS 265 Rd., & ¼ mile W. on EW 47 Rd. to the NE/corner of Farm #1 - There appears to be approx. 110 acres of cropland, of which 88.4 acres of cropland are currently being irrigated (see General Statements for full F.S.A. detail) - There are approx. 3 acres of timber in the SW/corner left for livestock shelter - Principal soil types of the cropland include Derby & Meno loamy fine sands, both Class III; & Nobscot sand, Class VI - Note: Mobile home does not sell Legal Description: W/2 NE/4 & the SE/4 NW/4 in Sec. 5, Twp. 21N, R10 W. '24 Taxes: approx. $239.00
Name 12/6 344 +/- Acres of Irrigated & Livestock Land, Major Co.,
Auctioneer
Type Live Webcast Auction
Date(s) 11/3/2024 - 12/6/2024
Auction Date/Time Info
LIVE w/ONLINE BIDDING Friday - December 6, 2024 - 10:00 A.M.
Preview Date/Time During Daylight Hours
Checkout Date/Time See Terms.
Location
Buyer Premium 5% Online Buyer's Premium
Description
344 +/- Acres of Irrigated & Livestock Land | Farm Buildings | Homesite Ringwood Area, Major Co., OK AUCTION Friday December 6, 2024 10:00 A.M. Auction Location: Ringwood Community Building, 314 N. Main St., Ringwood, OK Land Location: 47036 S. County Road 264, Ringwood, OK This 343 +/- acre livestock operation (118 +/- acres, 148 +/- acres, & 78 +/- acres) is conveniently located less than a mile from Hwy 58 on good, rocked county roads between Ringwood & Isabella with excellent access to/from the Enid, Fairview & Okeene communities. There is center pivot irrigation on 120 +/- acres, livestock pens in two separate locations, & an outstanding homesite/headquarters site with established farm buildings, & mature trees. There are cross fences with gates so that livestock can be retained on separate farms or can be allowed to pass from farm to farm, & there is potential for additional irrigation development. Farm #1: 120 +/- Acres Improved with an 8 Tower, 2012 Reinke Center Pivot Irrigation System, 5 Irrigation Wells, Domestic Well, 3 Phase & Single-Phase Electric Service, & Perimeter Fences - Located from the Ringwood Junction (US 412 & SH 58), go approx. 5 miles SW on SH 58, then ½ mile N. on NS 265 Rd., & ¼ mile W. on EW 47 Rd. to the NE/corner of Farm #1 OR from the Ringwood Junction (US 412 & SH 58), 2 miles W. on US 412, then 4 miles S. on NS 265 Rd., & ¼ mile W. on EW 47 Rd. to the NE/corner of Farm #1 - There appears to be approx. 110 acres of cropland, of which 88.4 acres of cropland are currently being irrigated (see General Statements for full F.S.A. detail) - There are approx. 3 acres of timber in the SW/corner left for livestock shelter - Principal soil types of the cropland include Derby & Meno loamy fine sands, both Class III; & Nobscot sand, Class VI - Note: Mobile home does not sell Legal Description: W/2 NE/4 & the SE/4 NW/4 in Sec. 5, Twp. 21N, R10 W. '24 Taxes: approx. $239.00 Farm #2: 147.82 +/- Acres Improved with Livestock Sheds, Corrals, Crowding Alley & Working Chute, Water Well, Pivot Head & Single & 3 Phase Electric Service - Joins Tract #1 on the SW & located at the corner of NS 264 & EW 48 - There appears to be approx. 135 acres of cropland (see General Statements for full F.S.A. detail) - Principal soil types of the cropland include Meno loamy fine sand, Class III; & Nobscot sand, Class VI - Great Irrigation potential with pivot head & 3 phase electric service Legal Description: SW/4 of Sec. 5, Twp. 21N, R10 W., Less & Except tracts previously deeded '24 Taxes: approx. $303.00 Farm #3: 77.74 +/- Acres Improved with a Machine Shed, Livestock Sheds, Corals/Pens, Water Well & Electric Service - 47036 S. County Road 264, Ringwood, OK - Joins Tract #1 on the W. & Tract #2 on the N. & located at the corner of NS 264 & EW 47 Note: Machine Shed is occupied, please call for an appointment to view - There appears to be approx. 64.8 acres of cropland (see General Statements for full F.S.A. detail) - Principal soil types of the cropland include Derby & Meno loamy fine sands, both Class III; & Nobscot sand, Class VI - Improvements include a 90' x 48' farm building with power, overhead door, heated BA with shower & utility area with washer & dryer connections; a 40' x 30' equipment shed; a 49' x 24' utility building; & livestock shed & pens Legal Description: W/2 NW/4 of Sec. 5, Twp. 21N, R10 W. '24 Taxes: approx. $287.00 General Statements Order of Auction: Farms will be offered individually & in combinations to suit buyers. F.S.A. Information: According to the F.S.A., this land is in an F.S.A. unit which contains 310.69 acres of cropland with a 79.70 acre wheat base, & a 24 bu./ac. PLC yield; as well as a 7.90 acre Oats base with a 31 bu./ac. PLC yield; & a 42.70 acre Corn base with a 68 bu./ac. PLC yield. Note: Crop bases & yields will be assigned to individual farms by the Major Co. F.S.A. office. '25 Taxes: Will be prorated to the day of closing. Crop: Does not sell. Possession: Possession of the cropland is to is to be given on or by April 15th, 2025; Possession of improvements on Farm #3 will be given upon payment in full of the purchase price & transfer of title, at closing. Minerals: Do not sell. 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, condition, etc. prior to auction day. Announcements made day of auction take precedence. Contact Auction Managers, Perry Wiggins & Vicki Wiggins Allen at 580.541.7942/580.554.4400 for any additional information you may need. Visit WigginsAuctioneers.com for terms, details, photos, & online bidding! Sellers: Mark & Becky Wedel
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% Online Buyer's Premium
Payment Terms
See Terms.
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