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Auction : 5/21 80 +/- Acres | Highly Productive Sm. Grain Farm. Lamont, Oklahoma OK

  Status: Closed
 
This auction has closed

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Type:

Live auction with webcast bidding

By:

Wiggins Auctioneers, LLC

  Web
At:

The Legion Hut a/k/a as the Lamont Post 209..., Lamont, Oklahoma, 74643. USA. tel: 580-233-3066

Date:
21st May, 2021
View: Oklahoma Auctions
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80 +/- Acres | Highly Productive Sm. Grain Farm | Wind Energy Ground Lease IncomePond Creek/Hunter/Lamont Area, Grant Co., OKAUCTIONFriday May 21, 2021 10:00 a.m.Auction Location: The Legion Hut a/k/a as the Lamont Post 209 American Legion Bldg., 1532 Madison, Lamont, OK (1/2 block W. of bank)-Located 5 miles SW of Lamont on SH 74, then 2 miles W. on Comanche Rd. to the NE/corner of the land OR from the Jct. of US 81/US 60 in Pond Creek, go 9 miles E. on US 60, 4 miles S. on CR 1010, then mile E. on Comanche Rd. -According to the F.S.A. there are 76.93 +/- acres of cropland with a 74.40 acre wheat base & a 36 bu./ac. PLC yield-Soil Types are mostly Kirkland silt loam, Kirkland-Pawhuska complex, & Port silt loam, all Class II; with lesser amounts of Pond Creek silt loam, Class I & Renfrow silty clay loam, Class IV -Land lays mostly level and is easily tilled -Access is by county road Legal Description: E/2 NE/4 of Sec. 28, Twp. 25N, R4 W.I.M., Grant Co., OK. Wind Energy Ground Lease: Land sells subject to an existing Wind Energy Ground Lease w/ Chisholm. Annual Income is approx. $1,728/yr. Buyer shall be entitled to any payments due and payable the month following closing. '20 Taxes: were approx. $132.00. The 2021 taxes will be prorated to the day of closing. Minerals: Minerals in, under, & to the above described land will be offered separately in our Mineral Auction scheduled for June 3rd. No minerals are being sold or transferred with the surface. Crop: Does not sell. Possession: is to be given upon payment in full of the purchase price & transfer of title, at closing, subject to the existing ag lease which expires upon completion of harvest of the presently growing 2020-2021 crop, or July 1, 2021, whichever is later. 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 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! Seller: The James R. & Betty Reid Revocable Trust

Lot 1
 
Closed

80 +/- Acres | Highly Productive Sm. Grain Farm

80 +/- Acres | Highly Productive Sm. Grain Farm | Wind Energy Ground Lease IncomePond Creek/Hunter/Lamont Area, Grant Co., OK-...

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