Al & Virginia Resources, LLC Ellis County Land Auction

Simulcast

Begins:

05/08/2020 10:00 am

Ends:

Location:

Tom Peer Community Center, 521 N. Main St. Gage, Oklahoma

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Auction Description

TRACT 1 – 155.74± (Located just east of Tract 2)

Legal Description: The SW/4 of Section 22, T21N R24 WIM, Ellis County, Oklahoma, including 158± acres less a 2.26 acre tract.

CRP Information: There are 138 acres in a CRP contract through 09/30/2023 at a rate of $30.00 per acre. The CRP payment will be prorated to the day of closing. Buyer agrees to accept terms of the CRP contract.

Property Description: This land has good fences and includes a 40×60 building that sits on the south end of the tract. Access this property with ease! Highway 46 is on the east and south sides with a county road 182 on the west, making this tract of land an excellent location for a home site!

Tracts will be offered separately and in combination using the Multi-Par Method of Sale

TRACT 2 – 260± (Located just west of Tract 2)

Legal Description: The SE/4 and 100 acres in the NE/4 of Section 21, T21N R24 WIM, Ellis County, Oklahoma.

CRP Information: There are 252.87 acres in a CRP contract through 09/30/2023 at a rate of $30.00 per acre. The CRP payment will be prorated to the day of closing. Buyer agrees to terms of the CRP contract.

Property Description: A Hunter’s Domain! Excellent hunting potential especially for quail and deer. There is a dry creek bed running through this land towards the west side that provides excellent wildlife habitat. Fences are good and, as if that’s not enough, the access to this land is very good with Highway 46 (Sharon/Shattuck Rd) on the south and county road 182 on the east side.

Preview

For more information or to view this property contact Ira Smith at 580-334-6001.

Land Location

From Gage go south on Highway 46 2.2 miles.

Auctioneers Note

Please do not overlook the opportunity to purchase good farms that come from a home of good stewards. Fences are in place, the land is producing income, and the location is excellent, not to mention the very good wildlife habitat.

Tract 1

Tract 2

Documents:

Al-Virginia-Resources-LLC-Map.pdfVirginia-Resources-CRP-Tract-1.pdfVirginia-Resources-CRP-Tract-2.pdf
Real Estate Auction Terms

Buyers attending this auction will be required to provide a valid photo ID.  By registering, bidder agrees to all terms and conditions as set forth by Smith & Company Auction & Realty, Inc.  Buyer will be required to sign contract and place 10% of the purchase price in escrow on sale day, with balance due upon proof of marketable title.  Seller will provide a current abstract and warranty deed.  Taxes will be prorated to the day of closing.  Possession upon closing.  Property is selling in its 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 supersede all prior advertising.  Buyers should arrange financing and satisfy themselves with size, location, boundaries, etc. prior to sale day.  Sellers are reserving all oil, gas, and other mineral rights.  Online Bidders may bid via our website at smithcoauctions.com.  Smith & Company Auction & Realty, Inc. is not responsible for any errors in bids, omissions of bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet.  On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day.  ON-LINE REGISTRATION MUST BE COMPLETE AT LEAST 24 HOURS PRIOR TO SALE DAY.