Wednesday, October 18th
Auction Location: Arnett, OK 73832
TRACT 1 308 Acres m/l
Legal: NE¼ the E½ of the NW¼ and lots 1 & 2 of Section 19 T20N R24 WIM, Ellis County, OK containing 308 m/l.
CRP: 229.28 acres at $27.91/acre with annual payment of $6399 that expires 9/30/2026
Located 4.5 miles north of Arnett on Hwy 46 & 1 mile Won Co. Rd 56, this is an income producing property that has excellent hunting and a very good location with county road access on three sides. The property is fenced and there is a water well and windmill on the north side and a small catch water pond on the northwest corner. The land is known for excellent hunting especially deer, quail, and dove.
TRACT 2 310 Acres m/l
Legal: W 1/2 of Section 16 T20N R24 WIM, Ellis County, OK less a tract in the S/2 S/2 SW¼ SW¼
CRP: 240.26 acres at $38.90/acre with an annual payment of $9346.02 that expires 9/30/2023.
Located 4.5 miles north of Arnett on Hwy 46 with highway & county road access on the south and west sides. There are 2 irrigation wells and a PVC cased oilfield supply well on the south end. The land is fenced on all 4 sides with excellent hunting potential!
For more information Contact Ira Smith at 580-334-6001.
AUCTIONEERS NOTE: Tracts 1-6 have wind energy leases.
MULTI-PAR OFFERING ON TRACTS 3, 4, & 5
TRACT 3 80 Acres m/l
Legal: W 1/2 of NW 1/4 of Section 28 T20N R24 WIM
CRP: 55.73 acres at $33.75/acre that expires 9/20/2023
Located 3.5 miles north of Arnett on Hwy 46, the land has Hwy 46 access all along the west side with several excellent home building sites and county road access on the north side. There is a small draw about midway into the property with trees. Electricity runs along the west side of the property.
TRACT 4 165.28 Acres m/l
Legal:E½ of NW¼ of Section 28 T20N R24 WIM and the NE¼ of Section 28 T20N R24 WIM containing 160 acres m/l, LESS AND EXCEPT a tract of land in the NE¼ more particularly described as follows; beginning at the NE corner of Section 28 then south (S 00° 10’ 04’’ E) along the east boundary of said Section 28 a distance of 1,888.46’ thence west (S 89° 59’ 28” W) a distance of 1329.00’, thence northwesterly (N 28° 49’ 39” W) a distance of 502.91’, thence northwesterly (N 22° 16’ 45” W) a distance of 457.66’; thence north (N 01° 06’ 14” W) a distance of 1030.30’ to a point on the north boundary of Section 28; thence east (S 89° 49’ 12” E) along said north boundary distance of 1759.32’ to the point of the beginning, said tract containing 72.0549 acres; Section 28 T20N R24 WIM, Ellis County, Oklahoma containing in all 87.9451 acres m/l.
Located 3.5 miles north of Arnett on Hwy 46 & ¼ mile east, there are 165.28 acres with approx. 143 acres of improved grass that is not in a CRP contract. The property is fenced. There is a wind monitoring tower that pays $1500/year. This property is accessible on the north side through the county road. There is a large draw with trees that provides excellent wildlife and livestock cover. This would be an excellent grazing pasture with a combination of the native and improved grasses. GOOD HUNTING!
TRACT 5 70 Acres m/l
Legal: E/2 of NE¼ LESS AND EXCEPT the NW¼ of the NE¼ of the NE¼ of Section 29 T20N R24 WIM, Ellis County, OK containing 70 acres m/l.
CRP: Fields of 29.42 acres and 4.39 acres at $33.75/acre contract begin date of 10/01/2013 and ending 09/30/2023.
Located 3.5 miles north of Arnett on the west side of Hwy 46, there is ½ mile of highway frontage with several excellent home sites. Electricity is available. Also, access is available on the north side from county road 37 and more excellent home sites. The property is very close to town- Just minutes from Arnett.
TRACT 6 202.47 Acres m/l
Legal: Lots 1 & 2 & the NW¼ of Section 33 T20N R24 WIM containing 207.74 acres m/l, LESS AND EXCEPT the N½ of the NW ¼ of the NW ¼ containing 5 acres m/l; Section 33 T20N R24 WIM, Ellis County, OK containing in all 202.74 acres m/l.
CRP: 137.74 acres at $35.22/acre with an annual payment
of $4842 that expires 9/30/2023. The native grass is held by a grazing lease through 12/31/17.
Located 2.5 miles north of Arnett on Hwy 46, there are 1.1 miles of Hwy 46 frontage with several good home building sites. The land is accessible on the west and north sides by highway and county roads. Electricity runs along the west side of the property. The land is fenced on all 4 sides.
TRACT 7 480 Acres m/l
Legal: W½ and W½ E½ of Section 10 T18N R24 WIM
Located 6 miles south of Arnett on the east side of Hwy 283. All native grass. This tract has one mile of Hwy 283 frontage and is 3/4 mile deep. Access is from the west side with oil & gas roads on the north and south ends. The land is fenced on all 4 sides. There is a water well and windmill. This area is known for it’s excellent quail, deer, and dove hunting. There is a grazing lease through 12/31/17.
Tracts 3, 4 & 5 will be offered individually then once price is established, bids will be held. Tracts will then be offered in combinations. Any bidder may add to the total amount bid on any tracts in the present dollar amount established by the auctioneer. If no advance of bids is made within a specified time frame the lots will be announced closed.
SELLERS: Davis Family Bypass C Trust
REAL ESTATE Terms: 10% of purchase price escrowed sale day with the balance due upon proof of marketable title. Seller will provide a current abstract and a trustees deed. Taxes prorated to the day of closing. Possession upon closing. Property selling in it’s present condition with no warranties expressed or implied. All information given comes from resources we believe to be reliable but in no way is guaranteed. Announcements made sale day supercede all prior advertising. Buyers should arrange financing and satify themselves with size, location, boundaries, etc. prior to sale day. CRP contracts will be accessible at www.smithcoauctions.com or at 1102 Oklahoma Ave. Woodward, Ok. CRP contracts will also be available to view on the day of auction. BY PURCHASING TRACTS 1-6, BUYERS AGREE AND ACCEPT THE TERMS AND CONDITIONS OF THE CRP CONTRACTS. Sellers are reserving all oil, gas and other mineral rights.
ONLINE BIDDING Terms: REGISTRATION MUST BE COMPLETE AT LEAST 24 HOURS PRIOR TO SALE DAY. Smith & Company Auction & Realty, Inc. is not responsible for any errors in bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet. Announcements made sale day supercede all prior advertising. Final responsibility rests with the buyer to assess the condition of the property. It is not possible to adequetely describe in text or photos all aspects of a property. We recommend you personally inspect the property, or enlist a trusted professional to do so on your behalf. Escrow must be made sale day and may be wired.