THIS IS A COMPLETED SALE
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6/23/20 | 200 +/- Acs. of Outstanding Farm/Recreational Land
Previous Page Listing ID#: 205102
Auction Location |
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Ponca City, OK 74601 |
Auction Dates and Times |
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Monday May 25, 2020 Completed Tuesday Jun 23, 2020 Completed |
Auction Type |
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Live Auction with Online Bidding VIEW ONLINE CATALOG |
Company Information |
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Wiggins Auctioneers Website: www.wigginsauctioneers.com/ GoToAuction.com ID#: 4345 View company information and listings |
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Listing Terms and Conditions |
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By accepting terms and conditions, I hereby certify that:
1. I acknowledge that I have 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.
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, and valid ID. 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 accept by electronic means, and that the electronic acceptance shall have the same force and effect as an original acceptance.
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Listing Information |
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200 +/- Acres Offered in 3 Tracts | Outstanding Farm/Recreational Land
Class I & II Soils | Nearby Salt Fork Arkansas River | US 177 & Co. Line Blktp Frontage
White Eagle/Marland/Ponca City Area, Kay & Noble Co., OK
AUCTION
Tuesday - June 23, 2020 - 11:00 a.m.
Auction Location: On Site at Farm #1
Land Location: From Jct. of US 177/ US 60 (Ponca City), 6 miles S. on US 177, then W. on County Line Rd.
The Hinrichs family land offers outstanding farming, as well as recreational opportunity with nearby Salt Fork Arkansas River, productive soils, all-weather access (blacktop frontage) off US 177. These 3 tracts of land lie within a mile of each other and have 176 +/- combined acres of highly productive cropland. Irrigation is present ¾ mile north along the Salt Fork Arkansas River. Wildlife prominent in the area include: Whitetail deer; Rio Grande turkey; Mourning dove; waterfowl; small game; and predators. Be sure to take a look!
Farm #1 (100 +/- Acres): According to the Kay Co. F.S.A., there are 99.17 acres of cropland with a 97.56 acre wheat base & 36 bu./ac. yield. Principal soil type of the cropland is Keokuk very fine sandy loam, Class I (73%), with a lesser amount of Gaddy loamy fine sand, Class III. Land lays level & is easily tilled. Legal: The W/2 E/2 NW/4 & E/2 W/2 W/2 NW/4 & E/2 W/2 NW/4 of 4-24N-2E, Noble Co., OK '19 Taxes: were approx. $336.00.
Farm #2 (80 +/- Acres): According to the Kay Co. F.S.A., there are 70.36 acres of cropland with a full wheat base & 34 bu./ac. yield. Principal soil type of the cropland is Keokuk very fine sandy loam, Class II (70%), with lesser amounts of Keokuk very fine sandy loam, Class I & Gaddy loamy fine sand, Class III. Cropland lays level & is easily tilled. Balance of the land is in an approx. 4.88 acre pit, comprised of native grass & timber along the river, providing excellent hunting potential. Legal: The S/2 SE/4 of 32-25N-2E, Kay Co., OK '19 Taxes: were approx. $198.00.
Farm #3 (18 +/- Acres): According to the Kay Co. F.S.A., there are 6.68 acres of cropland with a full wheat base & 34 bu./ac. yield. Principal soil type of the cropland is Reinach loam, Class I, with a small amount of Dougherty-Eufala complex, Class IV. Balance of the land is in thick timber & a pond- a small, conveniently located, recreational tract. Legal: The S/2 SE/4 SW/4, less hwy, of 34-25N-2E, Kay Co., OK '19 Taxes: were approx. $92.00.
Order of Auction: Farms will be offered individually only. 2020 Taxes: will be prorated to the day of closing. Possession of Farms #1 & #2: will be given upon payment in full of the purchase price & transfer of title, at closing, subject to the existing agricultural lease which expires upon completion of harvest of the 2020 bean crop or December 1, 2020, whichever is later. Possession of Farm #3: will be given upon payment in full of the purchase price & transfer of title, at closing, subject to the existing agricultural lease which expires upon completion of harvest of the presently growing 2019-2020 wheat crop or July 1, 2020, whichever is later. Minerals: No minerals are being sold or transferred. Crop: Does 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 Quentin or Lynsie Sturgeon, Auction Managers, at 580.554.7133 or 580.554.2633 for any additional information you may need. Visit wigginsauctioneers.com for full terms, details, photos, & online bidding!
Seller: The Sue & Eric Hinrichs 2005 Trust 1 Farm #1 100 +/- Acres According to the Kay Co. F.S.A., there are 99.17 acres of cropland with a 97.56 acre wheat base & 36 bu./ac. yield. Principal soil type of the cropland is Keokuk very fine sandy loam, Class I (73%), with a lesser amount of Gaddy loamy fine sand, Clas... 2 Farm #2 80 +/- Acres According to the Kay Co. F.S.A., there are 70.36 acres of cropland with a full wheat base & 34 bu./ac. yield. Principal soil type of the cropland is Keokuk very fine sandy loam, Class II (70%), with lesser amounts of Keokuk very fine sandy loam, Clas... 3 Farm #3 18 +/- Acres According to the Kay Co. F.S.A., there are 6.68 acres of cropland with a full wheat base & 34 bu./ac. yield. Principal soil type of the cropland is Reinach loam, Class I, with a small amount of Dougherty-Eufala complex, Class IV. Balance of the land ... |
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