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4,900+/- Acres Texas County, Oklahoma
Selling in 15 Tracts
February 1, 2024
Bidding opens January 18, 2024, and ends February 1, 2024, at 11:00 a.m.
Tract#14: 622 +/- Acres (Survey of bin site is completed and attached below)
Description: This tract is known as “Verle’s Place”. It is a square section of grass and cropland minus a 15-acre home and building site which DOES NOT SELL. The bin site at 3 acres has been surveyed and WILL NOT SELL. There is approximately 220 acres of planted wheat, and the buyer will receive the cash rent for the wheat ground in 2024. The balance of the approximate 400 acres is fenced grass on 2 sides. These are newer 5 wire fences of very good quality and only 3 years old. The fences have steel pipe corners. The balance of the fence is 20 years old and in good repair. There is a solar powered submersible well that was new in 2020 but is currently not being used. Tenant states that it is pumping less than 3 gpm.
The bidding increments will be $50/acre on tracts 1-4 and 6-15, tract 5 will be $2,500 bidding increments. The final sale price will be calculated based on the total acres times the highest bid for tracts 1-4 and 6-15.
Please scroll to the bottom of this web page for additional information.
Plan to Attend the Informational Meeting & Auction:
Comfort Inn & Suites
2891 Centennial Blvd
Liberal, KS 67901
BigIron Realty Agents will be at the Comfort Inn & Suites in Liberal, KS, on February 1, 2024, from 9:00 a.m. until the conclusion of the online auction. Please come during the times scheduled to discuss the farm. BigIron Realty Representatives will assist buyers with registering to bid online. You do not have to be present to bid online, but you must be available by phone.
BIDDING PROCESS: You may place bids on this farm for 14 days beginning January 18, 2024, and ending February 1, 2024, at 11:00 a.m. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time on any of the tracts, the bidding period is automatically extended to five minutes on all of the tracts. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours before the auction close or call 800-887-8625 for assistance.
Legal Description: This tract is identified as Parcel # 700016087. The Legal Description is All of Section 24, Township 3N, Range 18E, containing 620+/- acres, Texas County, Oklahoma. Survey will determine exact acres.
Location: This tract is bordered on the west by paved road Hwy 53 on the west side and Rd T on the north side.
2023 Taxes: Approximately $512.00 (Due to Pending survey)
Owner: Texas County Land & Cattle/Ansley Farms
For more information, contact the listing agent:
John Buhl 402-649-3750 or Ron Stock: 402-649-3705
Terms: The sale is subject to all rights of way and easements, whether recorded or not, and to oil and gas leases of record, if any. The successful buyer must enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to American Abstract & Title, Liberal, KS. The earnest money deposit can be made by personal check, company check, or wire transfer. The balance will be due at closing on or before March 14, 2024. The seller will provide a marketable title to the buyer, evidenced by title insurance. Title insurance and closing costs are split 50/50 between the buyer and seller. The buyer will pay additional title insurance required by a buyer's lender 100%. Seller will paid 2023 taxes and the buyer will pay the 2024 taxes. The property will not be sold subject to financing. Have all financial arrangements made before the auction. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time on any of the tracts, the bidding period is automatically extended to five minutes on all tracts. This will continue until there is a five-minute period where no bids are placed. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.
Location
Terms
The sale is subject to all rights of way and easements, whether recorded or not, and to oil and gas leases of record, if any. The successful buyer must enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment. The earnest money deposit can be made by personal check, company check, or wire transfer. The balance will be due at closing on or before March 14, 2024. The seller will provide a marketable title to the buyer, evidenced by title insurance. Title insurance and closing costs are split 50/50 between the buyer and seller. The buyer will pay additional title insurance required by a buyer's lender 100%. Real estate taxes will be prorated to the date of closing. The property will not be sold subject to financing. Have all financial arrangements made before the auction. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time on any of the tracts, the bidding period is automatically extended to five minutes on all tracts. This will continue until there is a five-minute period where no bids are placed. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.