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8/17 156.97± ACRES * CRP INCOME * RECREATIONAL * HUNTING * GRANT COUNTY, OKLAHOMA

MARK KLEIN AUCTION

This auction has concluded - Sold for $257,000
Live Onsite With Online Bidding

8/17 156.97± ACRES * CRP INCOME * RECREATIONAL * HUNTING * GRANT COUNTY, OKLAHOMA

Z 8/17 Klein
Auction Date / TimeTUESDAY AUGUST 17TH 3:00PM
Auction LocationHaskell Rd 27K & CR 990 Medford OK 73759
Directions
DirectionsFrom Medford, Oklahoma, (Hwy 81 & 11), go 3 miles east on Hwy 11 to CR 990, then ½ mile south.
Auction ManagerTroy D. Lippard · 580-747-6747

156.97± ACRES * CRP INCOME * RECREATIONAL * HUNTING * GRANT COUNTY, OKLAHOMA

MEDFORD AREA * POND * SCATTERED TIMBER

MARK KLEIN AUCTION

Live w/online bidding

TUESDAY AUGUST 17TH                      3:00PM

AUCTION LOCATION: Haskell Rd 27K & CR 990 Medford OK 73759

From Medford, Oklahoma, (Hwy 81 & 11), go 3 miles east on Hwy 11 to CR 990, then ½ mile south.

This nice quarter section of land is comprised of approximately 156.97± acres of land. According to the county Farm Service Agency, there is 152.89 DCP acres with 54.80 wheat base. This property is also enrolled in the Conservation Reserve Program (CRP) with two existing contracts. One contract runs 10-01-2013 and matures 9-30-2023 with 54.09 acres paying $38.26 per acre and the other contract runs 10-01-2017 and matures 9-30-2027 with 41.98 acres paying $50.99 per acre. (Contracts and CRP map available on or website under documents). The balance of the farm is in good native and Bermuda grass, timber, creek and pond. There are some existing improvements including a nice older barn and some grain silos. The farm is in a very good area for both Pheasant and Whitetail deer hunting.

Legal Description: SE/4 of Section (24), Township (27) North, Range (5), W.I.M. Grant County, Oklahoma

Taxes: $365.00

Possession: will be given at closing

Conservation Reserve Program:  There is a total of $ 4,210.00 CRP income each year until contracts mature (see contracts under Documents on this page. The income will be prorated to day of closing. The buyer must stay in compliance with the existing CRP contracts.

Minerals: Selling surface rights only

Pre-Auction Offers:  No pre-auction offers will be accepted prior to auction date.

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. Buyer must stay incompliance with the existing Conservation Reserve Program (CRP)

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. All financing must be in place prior to bidding. Any announcements made the day of the auction shall supersede all advertising or comments.

SELLER: MARK KLEIN

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