240 +/- Acres | Good Sm. Grain Farms Billings Area, Noble Co., OK

May 27th, 2020
| 10:00 A.M.

Auction Location

Billings Community Center
200 W. Main St., Billings, OK 74630

Driving Directions

This 240 +/- acres is located from Billings, 3 miles E. on SH 15, then 3 miles N. on CR 50 (good rocked road), & ½ mile E. to the SW/c of Farm #1. Farm #2: Located across road E. of Farm #1

Auction Manager/s

Vicki Wiggins Allen
| 580.554.4400

Seller

The Estate of Daniel P. Troche

FARM #1 (160 +/- ACRES) SOLD: $200,000

 

  • 154.04 acres of productive cropland, with a 47.23 acre wheat base and a 41 bu. per acre PLC yield; a 47.24 acre Corn base with a 68 bu. per acre PLC yield; & a 47.23 acre Soybean base with an 11 bu. per acre PLC yield
  • Principle soil types of the land are mostly Bethany, Norge, Tabler & Kirkland silt loams, all Class II; with a lesser amount of Kirkland silt loam, Class III
  • Lays mostly level, easily tilled
  • Access by county roads, just a half mile off good rocked road

Legal Description:  The SE/4 of Sec. 2, Twp. 24N, R2 W.I.M. ‘19 Taxes: were approx. $288.00

FARM #2 (80 +/- ACRES) SOLD: $103,000

 

  • Located across road E. of Farm #1
  • 72.12 acres of productive cropland, with a 23.23 acre wheat base and a 41 bu. per acre PLC yield; a 23.24 acre Corn base with a 68 bu. per acre PLC yield; & a 23.23 acre Soybean base with an 11 bu. per acre PLC yield
  • Principle soil type of the land are mostly Bethany, Norge, Tabler & Kirkland silt loams, all Class II; with a lesser amount of Kirkland silt loam, Class III
  • Lays mostly level, easily tilled
  • Access by county roads, just a mile off good rocked road

Legal Description: The S/2 SW/4 of Sec. 1, Twp. 24N, R2 W.I.M. ‘19 Taxes: were approx. $164.00

General Statements

‘20 Taxes: will be prorated to the day of closing.  Minerals: Do not sell. Crop: Does not sell.  Possession: Possession is to be given upon payment in full of the purchase price & transfer of title, at closing, subject to the existing agricultural lease which expires upon completion of harvest of the presently growing 2019-2020 wheat crop or July 1, 2020, whichever is later. 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. 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, etc. prior to auction day.  Announcements made day of auction take precedence.

Auction Results

$303,000