Agricultural & Residential Land for Auction in Okeene, Oklahoma

MLS NOTE: This is a public auction. The price listed above is a low estimated value of what the property could sell for. The high estimated price is $896,000. 320± ACRES OFFERED IN TWO TRACTS * BLAINE COUNTY, OKLHOMA * OKEENE AREA CROPLAND * PASTURE LAND JIM BERNHARDT AUCTION FRIDAY MAY 8TH 10:00AM AUCTION LOCATION: onsite of Tract 1 Directions: From the intersection of Hwy 51 & 8 in Okeene, Oklahoma go 4-miles west to CR 2590, then go 1.5 miles south on blacktop road, watch for signs TRACT 1 Legal Description: SE/4 of Section (29), Township (19) North, Range (11), W.I.M. Blaine County, OK. Directions: From the intersection of Hwy 51 & 8 in Okeene, Oklahoma go 4-miles west to CR 2590, then go 1.5 miles south on blacktop road, watch for signs Cross roads are N2590 & E640. Taxes: $615.00 This quarter section of land is comprised of approximately 160 acres more or less. According to the county FSA office Tracts 1 & 2 are combined with a 300.68 DCP cropland with 294.90 wheat base and a 27-bushel yield. The balance of the farm is an old home site with power disconnect/transformer (no power to it now), septic tank, 3-older grain storage bins, rural water and grass pasture. (Note: seller is reserving 30-days after closing to get the Conex box container removed.) Principal Soils Type are Norge Loam, 0-1%, class I; Norge Loam, 1-3% slopes class II; Tabler Clay Loam, 0-1% slopes, class II; Kirkland Silt Loam, 0-1% slopes, class III; Norge Loam, 3-5% slopes, class III; Lovedale-Teller complex, 5-8% slopes, class IV TRACT 2 Legal Description: SW/4 of Section (29), Township (19) North, Range (11), W.I.M. Blaine County, OK. Directions: From the intersection of Hwy 51 & 8 in Okeene, Oklahoma go 4-miles west to CR 2590, then go 2 miles south on mostly blacktop/gravel road, then 1/2 mile west, watch for signs, Cross roads are N2580 & E640 Taxes: $514.00 This quarter section of land is comprised of approximately 160 acres more or less. According to the county FSA office Tracts 1 & 2 are combined for a 300.68 DCP cropland with 294.90 wheat base and a 27-bushel yield. The balance of the farm is in older home site with 2-older grain storage bin and grass pasture. Note: Seller is reserving 30-days after closing to get the older combine removed. Principal Soils Type are Norge Loam, 0-1%, class I; Norge Loam, 1-3% slopes class II; Tabler Clay Loam, 0-1% slopes, class II; Kirkland Silt Loam, 0-1% slopes, class III; Norge-Pawhuska complex, 0-3% slopes, class II; Renthin Silty Clay Loam, 1-3% slopes, class III Possession: will be given at closing on both farms Minerals: selling surface rights only. No minerals transfer Previewing the farms: can be done during daylight hours only Pre-Auction Offers: No pre-auction offers will be accepted prior to auction day Internet Bidding: will be available by clicking online bidding link to register. Neither the auction company nor the seller is responsible in the event of loss of internet signal by either side. Terms: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. Disclaimer: All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company nor the seller. Bidders should satisfy themselves as to any inspections prior to bidding. Financing must be in place prior to bidding, if being used. Any announcements made the day of the auction shall supersede all marketing or comments. SELLER: JIM BERNHARDT