5/8/19 Auction 257± Acres Offered in Multiple Tracts
MLS NOTE: This is a public auction.The price listed above is a low estimated value of what the property could sell for as a whole. $360,000 is the high estimated price! This is not a foreclosure property! Please if you have questions contact us. 257± ACRES * MINERALS* CROP LAND * HUNTING * LAMONT - MEDFORD OK. Offered in 3 Tracts AUCTION Wednesday May 8th 10:00 A.M. All tracts will be sold from Tract 1: N 1010Rd & E0220 Rd Medford OK 73759 Directions: from Hwy 74 and 60 just West of Lamont, Oklahoma. Go West 3 miles to CR 1010. North 1/2 mile to auction location. "watch for Signs." Tract 1: N 1010Rd & E0220 Rd Medford OK 73759 This tract consists of 80± acres of good crop land just a half mile off Hwy 60 on good rock road. According to the Grant County Farm Service Agency this tract offers 137.61 acres of cropland with 114.30-acre wheat base and a 41 yield. Principal Soils: Mclain Drummond Complex I, Lela Clay III. Legal Description: S/2 NE/4 32-26N-4 W.I.M. Grant County Oklahoma. Possession: Will be given after the removal of the 2019 wheat crop. Wind Lease: See website for information. Tract 2: Will be sold from Tract 1 N 1010Rd & E0220 Rd Medford OK 73759 Directions: same as tract 1 This tract is the North 80 acres of tract 1. The FSA information is combined in tract one and two with the balance of farm in CRP, timber and Pond Creek that runs through the property. Principal Soils: Mclain Drummond Complex I, Lela Clay III. Legal Description: N/2 NE/4 32-26N-4 W.I.M. Grant County Oklahoma. Taxes: Full Quarter $322.00 Possession: Will be given after removal of existing crop. Wind Lease: See website for information. CRP: 23.3 acres at $33.68 rental. Buyer will receive 2020 payment. Expires 9-30-2021 Tract Minerals: NE/4 32-26N-4 W.I.M. Grant County Oklahoma. Not currently leased. See old lease under documents. Tract 3: E210 Rd & N 3000 Rd Medford OK 73759 Directions: from Hwy 60 & CR 1010 go 2 miles north, turn west 1/2 mile to tract watch for signs. This tract consists of 97± acres of good crop land just a few miles off Hwy 60. According to the Grant County Farm Service Agency this tract offers 78.52 acres of cropland with 75.70-acre wheat base and a 41 yield. The balance of farm is in CRP, timber and Polecat Creek. Principal Soils: Mclain Silt Loam I. Legal Description: E/2 NW/4 29-26N-4 W.I.M. and 17 acres in the N/2 SW/4 29-26N-4 W.I.M. Grant County Oklahoma. Taxes: $322.00 Possession: Will be given after removal of existing crop. Minerals: Surface rights only CRP: 14.36 acres at $51.22 rental. Buyer will receive 2020 payment. Expires 9-30-2021 Wind Lease: See website for information. Auctioneers Note: Lippard Auctioneer is pleased to work for the Cardwell Family! We will offer tract 1 and 2 separately and back together to be sold to the highest bidder. Tract 3 will be sold after tracts 1 and 2. There is currently a wind lease and a CRP contract on both properties that will be provided on our web site and the day of auction. Terms/Conditions: 10% of the total purchase price is to be placed in escrow the day of auction with the balance being due upon delivery of marketable title. All information is taken from sources believed reliable; however, no guarantee is made by the auction company or the seller. Buyers should satisfy themselves as to any inspections deemed necessary prior to bidding. All Real Estate is being sold "AS IS". Any announcements made the day of auction supersede all advertising. SELLERS: Cardwell Family
257.00
Acres
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