Wingo Land & Mineral Rights Auction
Simulcast / Off-site
Begins:
01/24/2024 10:00 am
Location:
Vici Community Center, 604 N. Main St., Vici, OK
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AUCTION PREVIEW
To See This Property, Call or Text Auction Manager, Buck Hutchens, at 580-273-3202 or email buck@smithcoauctions.com. OR Ira Smith at 580-334-6001 or email ira@smithcoauctions.com.
LAND LOCATION
From HWY 34 & HWY 60 Intersection in Vici 3.5 miles East on HWY 60 then 2 miles south on CR 211 (paved) to NE corner of property.
TRACT 1 LAND LEGAL DESCRIPTION
160 acres m/l located in the E1/2NE1/4, SW1/4NE1/4, SE/4NW1/4 Section 20 T19 R19 W.I.M., Dewey County, Oklahoma.
TRACT 2 MINERAL LEGAL DESCRIPTION
Undivided 40 acres m/l in E/2NE, SW4NE, SENW, Section 20, T19, R19, W.I.M., Dewey County, Oklahoma.
AUCTION DESCRIPTION
Ranchers, recreational, hunters, and home site buyers take a good look at this diversified property. Located only 5 miles from Vici, OK this property boasts some beautiful views and an excellent place to construct your next home. The property is easily accessed from HWY 60 via 2 miles of blacktop road or HWY 34 via 1 mile of rock road. The property has 1/2 mile of blacktop frontage, a water-well, electricity is readily available, and approximately 1.5 miles of new fence was built following the 2018 Rhea Fire. Lying in a L shape with the back 80 being completely secluded from the roadway offers excellent hunting potential. The property is primarily native grass with some large draws and deep ravines. The Wingo family has owned this property since 1906 raising cattle and harvesting some great wildlife including deer, turkey, and quail. There is a Lochem surface lease for Brine. 2023 income has been approx. $7,500 for the 160± acres. Don’t miss your opportunity to purchase this unique Dewey County property.
SELLER
Wingo Family (John & Ladonna Foley Tr, Carolyn Kay & Jackie D Brimer, Neil Edwin Wingo & Earlene Marie Weber, Earlene Marie & Gregory Martin Weber, Lora Renee Wingo)
ADDITIONAL PHOTOS
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.
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 within 30 days of sale. Seller guarantees marketable title. Buyer will receive a mineral deed only, no abstract. Buyers should arrange financing and satisfy themselves as to actual record title prior to sale day. All information given comes from resources we believe to be reliable but in no way is guaranteed.
Announcements made sale day supersede all advertisements. 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.
