5/16 3 Highly Productive Farms | Alfalfa Co., OK

Wiggins Auctioneers, LLC

 

Date(s) 4/14/2024 - 5/16/2024

LIVE w/ONLINE BIDDING | Thursday - May 16, 2024 - 10:00 A.M.

Past Auction
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A 5% Online Buyer's Premium will be added to the high bid at auction to determine the purchase price. Neither the Seller nor the Auction Company is responsible in the event of loss of signal or delay of signal by either side.

Auction Information
Name 5/16 3 Highly Productive Farms | Alfalfa Co., OK
Auctioneer
Type Live Webcast Auction
Date(s) 4/14/2024 - 5/16/2024
Auction Date/Time Info
LIVE w/ONLINE BIDDING | Thursday - May 16, 2024 - 10:00 A.M.
Preview Date/Time During Daylight Hours
Checkout Date/Time See Terms.
Location
Buyer Premium 5% Online Buyer's Premium
Description
3 Farms Totaling 320 +/- Acres | Highly Productive Cropland | Timber-Lined Creek w/Hunting Potential | Burlington/Capron/Kiowa Areas, Alfalfa Co., OK AUCTION Thursday - May 16, 2024 - 10:00 A.M. Auction Location: Burlington Firehouse, 502 Maple St., Burlington, OK 73722 Auctioneers Note: Ralph & Irene Kisling fulfilled a big portion of their dreams when they purchased this highly productive land in Alfalfa Co. over 60 years ago. This land has been proudly passed down and has served the Kisling family well; and although not easy, the time has come to give another family the chance to enjoy it as much as they. Wiggins Auctioneers is pleased to be able to offer these nice tracts of land to you at auction! Farm #1 (160 Acres More or Less) - Located from the W. edge of Burlington, 3 miles W. on SH 8/11, then 2 miles N. on SH 8, & 1 ½ miles W. on Logan Rd. OR 5 miles W. of Burlington on SH 11, then 2 miles N. of CR 520 - 139.14 acres of productive cropland with a 129.80 acre wheat base & a 44 bu./ac. PLC yield; & a 9.30 acre Grain Sorghum base with a 49 bu./ac. PLC yield - Principle soil types of the cropland include Dale & Pond Creek silt loams, both Class I; & Grant silt loam, Class II - Balance of land is in timber-lined Driftwood Creek, providing the perfect habitat to attract a bountiful wildlife population including Whitetail deer & Rio Grande turkey - Cropland lays mostly level & is easily tilled - Access by county roads Legal Description: The SW/4 of Sec. 5, Twp. 28N, R12 W.I.M., Alfalfa Co., OK '23 Taxes: were approx. $314.00. Farm #2 (80 Acres More or Less) - Located from the intersection E. of Burlington, 2 miles E. on SH 11/8/58 (4 ½ miles W. of Byron), then 2 ½ miles N. on CR 600 - 77.19 acres of productive cropland with a 73 acre wheat base & a 44 bu./ac. PLC yield; & a 4.19 acre Grain Sorghum base with a 49 bu./ac. PLC yield - Principle soil type of the cropland is mostly Pond Creek silt loam, Class I; with a lesser amount of Grant silt loam, Class III - Cropland lays mostly level & is easily tilled - Access by good county roads Legal Description: The S/2 of the NW/4 of Sec. 3, Twp. 28N, R11 W.I.M., Alfalfa Co., OK. '23 Taxes: were approx. $166.00. Farm #3 (80 Acres More or Less) - Located from the intersection E. of Burlington, 6 miles N. on blacktop road, then 1 ½ miles W. on Osage Rd. - 76.53 acres of productive cropland with a 72.80 acre wheat base & a 44 bu./ac. PLC yield; & a 3.71 acre Grain Sorghum base with a 49 bu./ac. PLC yield - Principle soil type of the cropland is mostly Pond Creek silt loam, Class I; with a smaller amount of Port silt loam, Class II - Cropland lays level, easily tilled - Access by good county roads Legal Description: The S/2 of the SW/4 of Sec. 13, Twp. 29N, R12 W.I.M., Alfalfa Co., OK. '23 Taxes: were approx. $177.00. General Statements for Real Estate Order of Auction: Farms will be offered individually only. Possession: At closing, subject to the existing ag lease which expires upon completion of harvest of the presently growing 2023-2024 wheat crop or July 1, 2024, whichever is later. Crop: Does not sell. Minerals: No minerals are being sold or transferred with the surface. Registration: All bidders are required to register with valid form of ID & acknowledge & 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, size, condition, etc. prior to auction day. Note: Announcements made day of auction take precedence. Contact Auction Managers, Quentin Sturgeon or Lynise Sturgeon, at 580.554.7133 / 580.554.2633 for any additional information you may need. Visit WigginsAuctioneers.com for full details, pictures & online bidding! Seller: Kisling Farms
1. I acknowledge that I have viewed or 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. A copy of the packet is available for review at wigginsauctioneers.com within 24 hours of the auction, or a copy of the packet may be requested by emailing info@wigginsok.com. 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, valid ID and signing and returning a copy of this form. 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 sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 2.50 USD
100.01 - 250.00 5.00 USD
250.01 - 500.00 10.00 USD
500.01 - 1,000.00 25.00 USD
1,000.01 - 2,500.00 50.00 USD
2,500.01 - 5,000.00 100.00 USD
5,000.01 - 10,000.00 250.00 USD
10,000.01 - 25,000.00 500.00 USD
25,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 5% Online Buyer's Premium
Payment Terms
See Terms.
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