10/16 160 +/- Ac. w/Cabin, Machine Shed, & 3 Ponds

Wiggins Auctioneers, LLC

 

Date(s) 9/10/2024 - 10/16/2024

LIVE w/ONLINE BIDDING Wednesday - October 16, 2024 - 10:00 A.M.

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Bidding Notice:

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 10/16 160 +/- Ac. w/Cabin, Machine Shed, & 3 Ponds
Auctioneer
Type Live Webcast Auction
Date(s) 9/10/2024 - 10/16/2024
Auction Date/Time Info
LIVE w/ONLINE BIDDING Wednesday - October 16, 2024 - 10:00 A.M.
Preview Date/Time Wednesday, October 2nd, 11:00 A.M. till 1:00 P.M.
Checkout Date/Time See Terms.
Location
Buyer Premium 5% Online Buyer's Premium
Description
160 +/- Acres | Family Getaway Cabin & 60' x 80' Machine Shed | Productive Sm. Grain/Livestock Land | 3 Ponds & Peninsula | Bison/Hennessey Area, Garfield Co., OK AUCTION Wednesday - October 16, 2024 - 10:00 A.M. Auction Location: Hennessey Event Center, 600 N. Main St., Hennessey, OK 73742 Open House Date: Wednesday, October 2nd, 11:00 A.M. till 1:00 P.M. Auctioneers Note: This land has been proudly owned by the Maly family for over 100 years & 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 this unique land to you at auction! - 19416 S. 16th St., Hennessey, OK (Located from Hennessey, 4 miles N. on US 81, then 1 ½ miles E. on 580 Rd.) - Just a ½ mile off blacktop roads - 110.76 acres of productive cropland with a full wheat base & a 35 bu./ac. PLC yield - Principle soil types of the cropland include Kirkland & Bethany silt loams, both Class II; & Kingfisher silt loam & Kirkland-Renfrow complex, both Class III (cropland lays mostly level and easily tilled) - Balance of the land is grass pasture, 3 ponds (one with a Peninsula), a few trees, & Lyon Creek - 60' x 80' machine shed with partial concrete floor & 110/220 electric - Family cabin comprised of a 1981, 14' x 56' Liberty mobile home with a 596 SF added family room, nice size deck overlooking the pond, & heavy-duty permanent roof covering overall - Perfect for entertaining, family weekends, & reunions - Central heating was updated in 2024 & window unit air conditioning have been added - Home is well protected with a heavy-duty shelter/awing/carport - Enjoy the nice, covered patio overlooking the beautiful pond - Typical farm & ranch utilities - Rocked & shale roads on E. & N. sides and ½ mile off the blacktop with easy access to SH 51 & US 81 Legal Description: The NE/4 of Sec. 32, Twp. 20N, R6 W.I.M., Garfield Co., OK '23 Taxes: were approx. $923.00 without homestead exemption. The 2024 taxes will be prorated to the day of closing. Possession: With property indemnification, and upon signing the purchase contract and acceptance of the escrow deposit the Buyer will have permission to till the soil as is necessary for conserving moisture and for preparing for and for planting a wheat crop. If for any reason this agreement does not close, the Seller shall pay the Buyer the customary rate as recommended by the O.S.U. Extension Service for any tilling or planting which Buyer may have done, and Buyer shall immediately relinquish possession to Seller and neither party shall be liable to the other for any further damages. Complete possession is to be given upon payment in full of the purchase price and transfer or title, at closing. Note: Joe's Farm Equipment Auction is scheduled for Nov. 5th. Wiggins Auctioneers reserves the use of the home, yard & machine shed for up to two weeks following the equipment auction. Crop: No F.S.A. payments for the 2023-2024 crop year are being sold or transferred. 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 Vicki Wiggins Allen or Perry Wiggins, Auction Managers, at 580.554.4400 / 580.541.7942 for any additional information you may need. Visit WigginsAuctioneers.com for full details, pictures & online bidding! Seller: Maly Family Trust
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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