Auction Information
40 Acres in Enid, OK
Date: Wednesday, August 20, 2008 Time: 10:00 A.M.
Location: The Board Room, north side of the Coliseum of the Chisholm Trail Expo Center, at the Garfield County Fairgrounds in Enid, OK.
Description: 40+/- acres * ½ mile North of Phillips Road on Cleveland Ave. or ¼ mile South of Carrier Road in the Enid City Limits. Outstanding executive homesite(s); Plenty of space for privacy, horses, or other livestock; 5 to 10 minutes to about any part of Enid; ¼ mile of Cleveland road frontage. This is an excellent opportunity for those looking for an executive or family home site within a few minutes of schools, churches, shopping, etc.; also an excellent opportunity for builders, developers, and investors. To be offered in 2 tracts.
Sellers: The King Family Trust; Yvonne King Stevens; & The Alvin W. Johnson Trust
Contact Auction Manager, Keith Thompson at (580)278-4465 for addition...
Contact Auction Manager, Keith Thompson at (580)278-4465 for additional info.
Tract #1: An outstanding 16+/- acres and according to the Garfield County F.S.A. there are 15.6 acres of cropland with a 15.6 acre wheat base and 35 bushels per acre yield. Principal soil types: Lovedale-Carwile Complex, class II and a small amount of Eda Loamy Fine Sand, Class III.
Legal: The North 528’ of the SE/4 of the NE/4 of 23-23-7, Garfield Co., OK
Tract #2: This 24+/- acres is located south of Tract #1. According to the F.S.A. there are 23.6 acres of cropland with a 23.6 acre wheat base and 35 bushels per acre yield. Principal soil types: Lovedale-Carwile Complex, class II and about an equal amount of Eda Loamy Fine Sand, class III.
Legal: The South 792’ of the SE/4 of the NE/4 of 23-23-7, Garfield Co, OK.
Note: This farm is located in an area that has an abundance of large homes; is in the Chisholm School District and is close to The Golden Oaks Retirement Community. This is a rare opportunity to purchase up to 40+/- acres in the Enid City Limits.
General Statements
Minerals: All of the sellers minerals and mineral rights in and to each of the above tracts will be auctioned following the auction of the surface. Currently there is production.
Taxes: will be prorated to closing
Crop: Does not sell.
Possession: is to be given upon payment in full of purchase price and delivery of merchantable title at closing subject to the existing agriculture lease which expires after the completion of the harvest of the 2008-2009 wheat crop or July 1, 2009, whichever is later.
Terms: 10% down with the balance due on delivery of merchantable title. Announcements made the day of the auction take precedence.