160+/- Total Ac. (Offering in Tracts) ; Highly Productive Sm. Grain/Livestock Farm w/Pond ; Very Nice Brick Home & Outbuildings on 3 +/- Ac. ; 11 +/- Ac. w/Home Site Potential ; Fairmont Area, Garfield Co., OKESTATE AUCTIONFriday - August 25, 2017 - 10:00 a.m.Auction Location: 11723 E. Rupe Ave., Fairmont, OK 73726Open House Date: Sun., Aug. 13th, 2-4 pm & Tues. Aug. 22, 5-7 pmReal Estate Sells at 10:00 a.m.This 160 +/- acres is located 1 mi. N. of Fairmont OR from 30th St. in Enid, 7 mi. E. on US 412 to 114th St. (Fairmont Blacktop), then 1.5 mi. S. This is a unique opportunity to purchase a nice home & outbuildings on 3 +/- acres; an additional 11 +/- acres E. of the home; the balance of the land comprised of cropland, grassland, & a pond OR the entire 160 +/- acres. Be Sure to Take a Look!Home & 3 +/- Acres: This updated brick home is ideally located along a good rock road, only 10 +/- mins of the E. edge of Enid. The home has 1,714 +/- sq. ft. of living area upstairs, comprised of 3 bedrooms; 2 baths; an updated kitchen; large living area with rock fireplace; updated flooring and windows throughout; and central heat and air. In addition, there is a full basement with a fireplace and storm shelter. Improvements include an approx. 40' x 28' 2 car garage, built in 2009; an approx. 72' x 36' machine shed with a partial cement floor and enclosed portion used as a shop; granaries that provide excellent storage; and additional outbuildings that are in need of various repair. 11 +/- Acres: This 11 +/- acres is located E. of the home and is ideal as additional acreage for the home; 4-H/FFA projects; or as an additional home site. The Farm: This highly productive farm is conveniently located with 1/2 mile of blacktop frontage. According to the Garfield County F.S.A., there are 132.22 acres of cropland with a 131.2 acre wheat base and 40 bushel per acre PLC yield. Principal soil type of the cropland is Kirkland silt loam, Class II, with a lesser amount of Renthin-Masham, Class III. The balance of land is in good native grass and a nice sized livestock pond. Legal for Entirety: NW/4 23-22N-5W Order of Auction: Tracts will be offered individually and in combinations to suit buyers. Minerals: do not sell 2016 Taxes for Entirety: were approx. $1,470.00 with Homestead Exemption. The 2017 taxes will be prorated to day of closing. Possession of the Cropland: will be given upon signing the purchase contract & acceptance of the escrow deposit for the purpose of tilling the soil. Full possession will be given at closing. Possession of the Home & Acreage & Grassland: will to be given upon payment in full of the purchase price and transfer of title, at closing Terms: 10% of the purchase price is to be placed in escrow the day of the 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 the day of the auction take precedence.
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