NOTE: This is an auction. The above mentioned "For Sale" price is not an asking price but rather, a SUGGESTED OPENING BID. 7.23 +/- Acres ; Beautiful Acreage ; Building/Homestead Potential ; Hobby Farm or Small Animal Potential ; Outstanding Investment Opportunity ; Within 1 Hour of Tulsa Metro Jennings, Creek Co., OK ONLINE ONLY AUCTION Wednesday - June 22nd, 2022 - Bidding Closes at 10:00 AM * Auto-Extend Close: If a bid is placed within the final 3 mins, the online auction will automatically extend until all bidding has ceased. LAND LOCATION: 54173 W. 1st Street S., Jennings, OK 74038 OR SW of Jennings, Creek Co., OK (Located from US 99 & Main ST, 1 mile W., on W 2st St S.) * Utilities On Site * Water-Well recently repaired/updated * Sewer- Septic * Electric- Indian Electric Coop * RV/Trailer Hookup * Grassland * Tree-lined * Partial Fencing * Soil type- Renfrow Silt Loam, 1 to 3% Slopes, Class 3e & Lesser amounts of Zaneis-Huska Complex, 1 to 5% Slopes, Class 2e, Niotaze-Bigheart-Rock Outcrop Complex, 3 to 15% Slopes, Very Stony, Class 6e * Zoned Rural Residential * Rock Road to Property * Outside City Limits * Jennings Public Schools * Creek County * Approx. 5 miles from US 412 * Within approx. 1 Hour of Tulsa Legal Description: Lot Eight (8) less 4.1 acres for M.K.&T. RR Stockyards, and that part of Lot Seven (7) lying West of the Creek running through said lot, in Section Thirty-two (32), all in Township Twenty (20) North, Range Seven (7) East of the Indian Meridian in Creek County, Oklahoma Taxes: The 2021 taxes were approx. $116.45. The 2022 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 at auction to determine the Purchase Price. Terms: 10% of the purchase price (including the 5% Buyer's Premium) 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, condition, size, etc. prior to auction day. Announcements made day of auction take precedence.
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