Tuesday, March 28, 2017 10:00 AM
Lippard Auctioneers, Inc.
371± ACRES * IRRIGATION WELLS & PIVOTS * CANADIAN RIVER FRONTAGE
NICE HOME * BARNS * CREEK * CROPLAND BERMUDA GRASS * SEMINOLE COUNTY OK SASAKWA AREA * Offered in 3 Tracts
AUCTION LOCATION: On Site! 36474 E. 1470 Rd Sasakwa Oklahoma
Directions: From Olive St. & Hwy 56 (Post office) in Sasakwa, Oklahoma, go 5 miles south to 1470 Rd., then ¾ mile east to Home site (auction location).
Legal Description: 5.00 acres in NE/4 of 25-5N-7 E.I.M. Seminole Co. more particularly described on recorded survey
Taxes: Taxes are combined with land, estimated $1,865.00
This tract consists of approximately 5 acres according to the survey of record. The acreage is improved with a very nice home that was built in 1994 and completely remodeled in 2014. The home has 3 bedrooms, 1 office, 3 full baths, large open living room, breakfast nook, and kitchen. The large living room has large windows offering a beautiful view of the cropland and river area. The home has 2,554 SF according to a recent appraisal and has natural gas and good water well. See pictures under photos. For appointment to view home contact Larry Paul 405-941-3333
Legal Description: 94.87 acres in NW/4 of 25-5N-7 E.I.M. Seminole Co. according to the recorded survey of record. See survey under documents.
This tract consists of approximately 94.87 acres according to the survey of record. The acreage has good access on the west by CR 364 and north by CR 147. This tract is improved with a 20’ x 30’ cabin w/CH&A, electric, 2 ponds, 2-rural water outlets, horse barn w/electric and water, Zimmatic 1,125’ unit with 350 engine powered by natural gas. This irrigation unit is fed by the irrigation wells located on Tract #3. This property has cropland, Bermuda grass pasture and timber. There is excellent hunting for deer, turkey, etc.
Legal Description: 211.22 deeded acres plus 59.95 accreted acres in the NE/4 and SE/4 of 25-5N-7 E.I.M. and that portion in 30-5N-8 E.I.M. Seminole Co. as per the recorded survey of record. See survey under documents.
This tract consists of 271.17 acres according to the recorded survey of record. This tract has good access by CR 147 and is improved 5 irrigation wells with pumps in (2) that is currently pumping 750 gpm and could pump more with larger engines. Oklahoma Water Resource Board under documents. There is a 40’ x 60’ shop building, and 1,800’ Zimmatic pivot with this tract, as well as, two more rural water wells with 3-5hp pumps (seller owns all water rights including the rural wells). This tract has cropland, some grass pasture, and 1 mile of South Canadian river frontage. This property offers excellent deer, turkey, etc. hunting, as well as, possible water sales for expected 2017 upcoming drilling and possible sand sales from the river sand.
Order of Auction: Will offer each tract separately then offer all back together to determine the highest price.
Government Payments: The seller currently received annually $7,112.00 from NRCS and $2,200.00 from a 35 acre peanut base. Contracts on website www.lippardauctions.com under documents
Soil Types: Keokuk Silt Loam, 0-1% slopes, class I; Pulaski Fine Sandy Loam, 0-1% slopes, class II; Yahola Fine Sandy Loam, 0-1% slopes, class III; Konawa Fine Sandy Loam, 0-1% slopes, class III; Tullahassee Fine Sandy Loam, 0-1% slopes, class V and Eufaula-dougherty Complex, 5-15% slopes, class VI
Farm Service Info: All information, maps, etc is provided online under documents
Survey: A boundary survey has been provided. See survey of record under documents
Utilities: OG&E electric, and Center Point Energy natural gas
Minerals: Selling surface rights only
Water Rights: All water rights are perfected. Seller owns all!
Possession: will be given at closing
Terms/Conditions: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. Deeded land will be conveyed by Warranty Deed and accreted land will be conveyed by Quit Claim Deed. Everything sells “AS IS”. Financing and inspections must be done prior to bidding.
Seller would consider possible owner financing or assumable loan. For details about this call Larry Paul 405-941-3333
Disclaimer: All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company or the seller. Buyers should satisfy themselves as to any inspections prior to bidding. Any announcements made the day of the auction supersede all advertising.
SELLER: LARRY AND BETTY PAUL