4/16 Auction 48± Acres Cropland & Minerals
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 $85,000. This is not a foreclosure property! Please if you have questions contact us. 48± ACRES * MAJOR COUNTY * CLASS I SOILS * CROPLAND * MINERALS Auction Location: On Site. From Highway 412 & N2710 Rd in Meno Ok go 1/2 mile north on N2710 Rd to auction location on west side of rd. Watch for signs. Description: This property consists of 48.0± acres of cropland with predominately class I Pond Creek Silt Loam Soils. The land lies flat and is well located just north of the town of Meno Oklahoma. The land is currently fallow. 22 Acres of Minerals will be sold separate from the surface. FSA: There are 46.34 DCP Cropland acres, with wheat base of 38 and oat base of 1.2 acres. This farm is enrolled in PLC program and can be changed for 2021 crop year. Soils: Pond Creek Silt Loam, 0-1%, class I; Pond Creek Silt Loam, 1-3% class I Seller is not accepting any offers prior to auction. Property Viewing: Preview on your own during daylight hours Auctioneers Note: Lippard Auctioneers is proud to present this property at public auction. This property will sell to the highest bidder with no reserve! Legal Description: S48 Acres of S2 NE 8-22N-09W Major County Taxes: $174.00 and will prorated to the day of closing Possession: Will be given at closing Minerals: Selling minerals separate from the surface. Seller believes he owns 22 acres of minerals under the property but no guarantee is being made. No abstracting will be brought to date on minerals and they will transfer with Mineral Quit Claim Deed only. 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 signal by either side. Terms on Real Estate: 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. All financing must be in order prior to bidding. Terms on Minerals: 100% of total purchase is due day of auction. Title will transfer with a Quit Claim Mineral Deed. All due diligence must be done prior to bidding. Disclaimer: All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company or the seller. Buyers should satisfy themselves as to any inspections prior to bidding. All financing must be in place prior to bidding and no contingencies! Any announcements made the day of the auction supersede all advertising. SELLERS: Byron Jantz
48.00
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