Auction Information
640 Acres in Enid, OK
Garfield-Woods-Noble-and Kay Co., Oklahoma * Land and Minerals
Date:
Wednesday, February 03, 2010
Time:
10:00 A.M.
Location:
Meeting Room #1 in the Pavilion of The Chisholm Trail Expo Center, Garfield Co. Fairgrounds, 111 W. Purdue, Enid, OK
Seller: Otho Whiteneck
Auction Manager: Perry Wiggins * 580-233-3066
Garfield Co. Farm: 160 +/- acres located 2 miles West of Enid on U.S. 412, then 4 miles South on Imo Rd., and ½ mile west. According to the F.S.A there are approx. 89.7 acres of cropland with an 89.2 acre wheat base and 34 bushels per acre yield. Principle soil types of the cropland is Port silt loam, 0 – 1% slopes, Class II. The balance of the land is in native grass. Improvements include some fences and an older livestock shed.
Legal Description: SW/4 of 31-22-7, Garfield Co., OK
Minerals: Seller does not own minerals under this farm.
Woods Co....
Woods Co. Farm: 160 +/- acres located 9 miles West of Aline on the Aline/Waynoka blacktop, 1 mile North on the Green Valley blacktop and 1 mile East; or 9 miles West of Carmen on S.H. 45 to the Green Valley Church, then 4 miles South on the blacktop and 1 mile East. According to the F.S.A. there are 123.5 acres in C.R.P. at $37.07 per acre with an annual payment of $4,578.14 and with the final payment being due in October of 2013. The balance of the land is in native grass. Principle soil types are Vernon Clay loam, Class III; Lovedale, Classes II and III; and Devol fine sandy loam, Class III; with a lesser amount of Edna loamy fine sand, Class VI.
Legal Description: SW/4 of 28-24-13, Woods Co., OK
Minerals: Minerals are currently producing from the Whiteneck B, No. 1, operated by Chesapeake Operating, Inc. Seller’s royalty interest is .012429 and royalty income for 2009 was approximately $4,239.00.
Noble Co. Farm: 160 +/- acres located 6 miles South of Billings on the blacktop, then ½ mile East; or 22 miles East of Enid on U.S. 412, then 3 ½ miles North on the Billings blacktop and ½ miles East. According to the F.S.A. there are 131.6 acres of cropland with a 131.1 acre wheat base and 34 bushels per acre yield. Principle soil types of the cropland are Bethany silt loam, Class II; Renfrow and Grainola soils, Class IV; Kingfisher silt loam, Class III; Kingfisher-Wakita complex, Class III; Kirkland silt loam, Class III; Kirkland-Pawhuska complex, Class III; and Grainola-Ashport-Mulhall complex, Class IV. The balance of the farm is in grass.
Legal Description: NE/4 of 29-23-2W, Noble Co., OK
Minerals: Seller appears to own all of the minerals. Currently not producing. Minerals are leased for 3 years from July 2008 with a 3/16 royalty interest.
Kay Co. Farm: 160 +/- acres located approx. 7 miles South of Tonkawa on U.S. 77 to the Noble/Kay County line (Three Sands), then 1 ½ miles East. According to the F.S.A. there are 154.7 acres of cropland with a 154.6 acre wheat base and 34 bushels per acre yield. Principle soil types are Lela Clay, Class IV; and McLain silty clay loam, Class I. Legal Description: SE/4 of 36-25-1W, Kay Co., OK
Minerals: Seller appears to own ½ of the minerals. Production is from the Whiteneck lease operated by J.L. Thomas Engineering, Inc. Seller’s 2009 royalty income was approximately $6,069.00.
General Statements
Minerals: The Seller’s share of minerals will be auctioned separately from the surface.
Taxes: Will be prorated to closing.
Crops: Do not sell.
Possession: Possession of the Garfield, Noble, and Kay Co. farms will be given upon completion of the harvest of the 2009-2010 wheat crops or July 1, 2010 whichever is later. Possession of the Woods Co. farm will be given at closing subject to the C.R.P. contract.
Terms: 10% down the day of the auction with balance due upon delivery of merchantable title.
Order of Auction: The farms will be offered in the order as listed. Minerals will be auctioned following the auction of the surface. Announcements made day of auction take precedence. Can’t attend? Register with proxibid at least two days prior to the auction to bid online.
Online Bidding by/through Proxibid
877-505-7770
From elevation to risk assessment
Search for detailed parcel information including; Elevation & Vegetation Maps, Ownership Information, Detailed Parcel Information, Crop History Map, Soil Survey Productivity Data, and more.
Research Parcel InformationDirections
Garfield Co. Farm: 160 +/- acres located 2 miles West of Enid on U.S. 412, then 4 miles South on Imo Rd., and ½ mile west.
Woods Co. Farm: 160 +/- acres located 9 miles West of Aline on the Aline/Waynoka blacktop, 1 mile North on the Green Valley blacktop and 1 mile East; or 9 miles West of Carmen on S.H. 45 to the Green Valley Church, then 4 miles South on the blacktop and 1 mile East.
Noble Co. Farm: 160 +/- acres located 6 miles South of Billings on the blacktop, then ½ mile East; or 22 miles East of Enid on U.S. 412, then 3 ½ miles North on the Billings blacktop and ½ miles East.
Kay Co. Farm: 160 +/- acres located approx. 7 miles South of Tonkawa on U.S. 77 to the Noble/Kay County line (Three Sands), then 1 ½ miles East.