Auction Information
5/8/19 Auction 257 Auction Offered in Multiple Tracts
257 ACRES * MINERALS * CLASS I SOILS * CROP LAND * HUNTING * LAMONT MEDFORD OK.
Offered in 3 Tracts
AUCTION
Wednesday May 8th 10:00 A.M.
All tracts will be sold from Tract 1: N 1010Rd & E0220 Rd Medford OK 73759
Directions: from Hwy 74 and 60 just West of Lamont, Oklahoma. Go West 3 miles to CR 1010. North mile to auction location. "watch for Signs."
Tract 1: N 1010Rd & E0220 Rd Medford OK 73759
This tract consists of 80 acres of good crop land just a half mile off Hwy 60 on good rock road. According to the Grant County Farm Service Agency this tract offers 137.61 acres of cropland with 114.30-acre wheat base and a 41 yield.
Principal Soils: Mclain Drummond Complex I, Lela Clay III.
Legal Description: S/2 NE/4 32-26N-4 W.I.M. Grant County Oklahoma.
Possession: Will be given after the removal of the 2019 wheat crop.
Wind Lease: See website for information.
Tract 2: Will be so...
Tract 2: Will be sold from Tract 1 N 1010Rd & E0220 Rd Medford OK 73759
Directions: same as tract 1
This tract is the North 80 acres of tract 1. The FSA information is combined in tract one and two with the balance of farm in CRP, timber and Pond Creek that runs through the property.
Principal Soils: Mclain Drummond Complex I, Lela Clay III.
Legal Description: N/2 NE/4 32-26N-4 W.I.M. Grant County Oklahoma.
Taxes: Full Quarter $322.00
Possession: Will be given after removal of existing crop.
Wind Lease: See website for information.
CRP: 23.3 acres at $33.68 rental. Buyer will receive 2020 payment. Expires 9-30-2021
Tract Minerals: NE/4 32-26N-4 W.I.M. Grant County Oklahoma. Not currently leased. See old lease under documents.
Tract 3: E210 Rd & N 3000 Rd Medford OK 73759
Directions: from Hwy 60 & CR 1010 go 2 miles north, turn west mile to tract watch for signs.
This tract consists of 97 acres of good crop land just a few miles off Hwy 60. According to the Grant County Farm Service Agency this tract offers 78.52 acres of cropland with 75.70-acre wheat base and a 41 yield. The balance of farm is in CRP, timber and Polecat Creek.
Principal Soils: Mclain Silt Loam I.
Legal Description: E/2 NW/4 29-26N-4 W.I.M. and 17 acres in the N/2 SW/4 29-26N-4 W.I.M. Grant County Oklahoma.
Taxes: $322.00
Possession: Will be given after removal of existing crop.
Minerals: Surface rights only
CRP: 14.36 acres at $51.22 rental. Buyer will receive 2020 payment. Expires 9-30-2021
Wind Lease: See website for information.
Auctioneers Note: Lippard Auctioneer is pleased to work for the Cardwell Family! We will offer tract 1 and 2 separately and back together to be sold to the highest bidder. Tract 3 will be sold after tracts 1 and 2. There is currently a wind lease and a CRP contract on both properties that will be provided on our web site and the day of auction.
Terms/Conditions: 10% of the total purchase price is to be placed in escrow the day of auction with the balance being due upon delivery of marketable title. All information is taken from sources believed reliable; however, no guarantee is made by the auction company or the seller. Buyers should satisfy themselves as to any inspections deemed necessary prior to bidding. All Real Estate is being sold AS IS. Any announcements made the day of auction supersede all advertising.
SELLERS: Cardwell Family
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Research Parcel InformationDirections
Directions: from Hwy 74 and 60 just West of Lamont, Oklahoma. Go West 3 miles to CR 1010. North mile to auction location. "watch for Signs."