137 +/- Acres (Offering 4 Tracts) | Good Sm. Grain/Livestock Land | Prairie Grass | Native Timber | Ponds | Home Site Potential
Auction Information
Auction Location:
The Meeting Room at the Town Hall
220 W. Shepard St., Glencoe, OK 74032 (please use W. entrance)
Auction Date:
Thurs., 08.29.24
| 2:00 P.M.
Auction Managers:
Vicki Wiggins Allen
| 580.554.4400
Seller
Terry K. Greenfield, Laurie F. Ahrens, & the Juanita F. Greenfield Life Estate
Auction Details
Property Address
Glencoe/Stillwater Area, Payne Co., OK
Driving Directions
From Glencoe (Intersection of N. Rose Ave. & Lone Chimney Rd. – Glencoe Ball Park), go 3 miles E. on Lone Chimney Rd.
Main Features
- Within 20 +/- Miles of Stillwater, OK
- 66.67 Acres of Cropland with a 65.90 Acre Wheat Base & a 31 bu./ac. PLC Yield
- Balance of land is in Good Grass Pasture/Hay Meadow, Trees, Ponds & Creek Tribute (Good Shelter & Grazing for Livestock & Excellent Wildlife Habitat)
- Outstanding Rural Home/Cabin/Barndo/& Executive Home Sites
- Soil Types of the Cropland Include Renfrow Silt Loams, Class III & IV; & Renfrow loam, Class IV
- 4 Wire, Barbed, Perimeter Fence
- Paved Road along the N. Side; Good, Rocked Road along the W. Side; US 412 (Cimarron Turnpike) along the S. Side
- Glencoe School District
- Note: On August 1, After the land was Listed to go to Auction, the Family was Presented with a Proposal for a Powerline that may Cross the Property. Seller is Leaving any Negotiations for said Powerline up to the new Buyer(s).
Description of Tracts & Order of Auction
- Legal Description for Entirety (Tract #4): NW/4 of Sec. 10, Twp. 20N, R4 E.I.M., Payne Co., OK Less & Except that portion thereof previously conveyed for use as a Hwy/Cimarron Turnpike
- Tract #1 (40 +/- Acres w/Trees & Ponds): NE/4 of the NW/4
- Tract #2 (40 +/- Acres): NW/4 of the NW/4
- Tract #3 (57 +/- Acres): S/2 of the NW/4 Less & Except that portion thereof previously conveyed for use as a Hwy/Cimarron Turnpike
- Order of Auction: Tracts will be offered individually and in combinations to suit buyers.
Disclosure & Documents
General Statements
- ‘23 Taxes for Entirety: were approx. $252.00. The 2024 taxes will be prorated to the day of closing.
- Minerals: Do not sell.
- Possession: Possession is to be given upon payment in full of the purchase price & transfer of title, at closing.
- Registration: All bidders are required to register with valid form of ID and acknowledge and 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.
- Buyer’s Premium: A 5% Buyer’s Premium will be added to the high bid in the auction to determine the purchase price.
- 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. Announcements made day of auction take precedence.
Interactive Map
Auction Results
$525,000