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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#2: 640.47+/- Acres
Description: This tract consists of 4 Parcel ‘s of land which will sell as one tract totaling 640.47+/- Acres, Texas County, Oklahoma. Mineral Rights, if any, will go to the buyer. All 4 parcels are irrigated with pivot pads in the center of each parcel. Each pad on each parcel is connected with an underground pipe that is connected to both wells. There are 2 wells supplying water to the pivots. One is in the south part of Parcel 2A, and the other is in the NW Corner of Parcel 2B.
NOTE: All irrigation equipment – pivot, motor, gearhead, & pump are owned by the tenant. The hole in the ground and underground pipe sells with the farms. Phase converters run the pivots. Wheat ground Tenant reserves the right to irrigate his growing wheat crop and he will pay the natural gas and electric charges.
All corners on all 4 parcels are dryland crop ground and the 8 corners on the North Qts are planted to wheat. The buyer will receive the cash rent on the dryland corners planted.
The tenant stated that both wells pump approximately 1200 gpm which is enough to run all 4 pivots simultaneously. The tenant also stated that the well in tract 2A tends to pump some salt mid-June through July, and the well in 2B pumps good water all season.
Sellers have purchased the Pumps, Gearheads and Pipe from the Tenant so these Items are now included in the Sale of Tract #2.
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.
2A. is called Massie (Cemetery). This parcel is located 2 miles south of Tract 1 at the intersection of Mile 56 and O Rd. The cemetery DOES NOT SELL. The seller states 100% of mineral rights go to buyer.
2B. is called Goosen (windmill) Qtr. The seller states 66% of mineral rights go to the buyer.
2C. is called Massie (house) Qtr. The seller states 100% of mineral rights go to the buyer.
2D. is called Massie (railroad) Qtr. The seller states 100% of mineral rights go to the buyer.
Legal Description:
2A. Parcel # 700016545 NE Qtr S 29-T4-R19E 158 Acres w/o Cemetery 2023 Tax $303.00
2B. Parcel # 700016543 NW Qtr S 29-T4-R19E 160 Acres 2023 Tax $285.00
2C. Parcel # 700016506 SW Qtr S 20-T4-R19E 160 Acres 2023 Tax $283.00
2D. Parcel # 700016503 SE Qtr S 19 –T4-R19E + 162.47 Acres 2023 Tax $291.00
Totals 640.47 Acres TAX $ 1162.00
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 lender100%. 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.