80± Acres Kay County, Tonkawa OK area
Wind Income • Cropland • Pasture • Pond • Class II Soils
Monday • August 13, 2018 • 10:00 AM
Auction Location: on site W Cowboy Hill Rd & S 108th St, Tonkawa, OK 74653
Directions: From Billings Ok go 5 miles north to W Cowboy Hill road then go 2 miles east to 108th st. or from hwy. 60 and I-35 (exit 214) go 5 ½ miles west to 140th st. and 6 miles south to Cowboy Hill road then 2 miles east.
This excellent 80± acre tract consists of approximately 72± acres of crop land and 8± acres of pasture according to the county F.S.A office. It has a 72± acre wheat base and a 38-bushel yield. The balance is in pasture with good native grass and Bermuda. It also has a nice sized pond with trees on the west side of the property along the road. Access is by good county sand roads, look at this tact and don’t miss out on a dual income property!
Principal soils: Tabler Silt Class IIs, Kirkland Silt Class IIs, Bethany Silt Class IIe
This farm has a windmill on the east side of the property. Be sure and take a look and the contracts on our web site.
Legal Description: S/2 SW/4 Section 27, Township 25, Range 2 W.I.M. Kay County, OK.
Wind Lease: Leased by Thunder Ranch Wind Project Amortization Schedule on our web site. Additional lease info will be available upon request. Yearly Average income over next 20 yrs, $14,279 yearly income.
Taxes: 2017 taxes were $307.04 and have been paid, 2018 taxes will be prorated to the day of closing.
Possession: To be given after the 2019 wheat crop is harvested with 1/3rd of the crop going to the new owner, the windmill income will start January 1, 2019. All windmill income for 2018 will go to the current owner.
Minerals: surface rights only
Terms: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. Any announcements made the day of the auction supersede all advertising.
Auctioneers note: Lippard auctioneers has the privilege to offer this 80-acre tract,this farm has been in the family for many years and it will be a long time before anther one comes up that’s this nice with this kind of income potential! Questions call Jayton 580-761- 4855
Seller: Steve Tautfest
160± ACRES SURFACE * NOBLE COUNTY * GARBER/BILLINGS AREA
SURFACE & MINERALS
GRASSLAND *PONDS * CREEK * CROPLAND * CATTLE FARM
Questions call Troy 580-747-6747
LIVE ON-SITE AUCTION
Begins: 08/09/18 at 10:00 AM CDT
Location: Shiloh Rd & N 3140 Rd, United States, Garber, OK 73738
AUCTION LOCATION: On Site Shiloh Rd & N 3140 Rd Garber OK 73738
DIRECTIONS TO FARM: From the Hwy 412 & Billings Blacktop (6.5 miles west of I-35 on Hwy 412), go 2.5 miles north to CR E400 , 2 miles east to CR 40, ½ mile south Or from Hwy 74 & Breckenridge Rd in Garber, OK, go 10 miles east to CR 40, ½ mile south.
This good quarter section of land consists of approximately 160 acres. According to the county FSA office there is 61.71 cropland acres with 60.9 wheat base acres and 41 Yield. The farm is currently enrolled in the PLC program. The balance of the farm is in good Bermuda and native grass pasture with perimeter and cross fencing. There is a nice size pond with several creek beds. Access is by good county gravel roads. Be sure to look this farm over if you are in the market for some good grass for cattle grazing! Please close gates behind you when viewing the farm.
Legal Description: SE/4 of Section (33), Township (23) North, Range (2) W.I.M. Noble County, OK.
Possession: will be given at closing
Minerals: Sellers believe they own 100% of the minerals and will sell with the surface rights one-half of their mineral interest, if any. With surface rights.
Internet Bidding: will be available by logging on to www.lippardauctions to register. Neither the Auction Company nor the Seller is responsible in the event of loss of signal by either side.
Terms/Conditions: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. Any announcements made the day of the auction supersede all advertising.
SELLER: LONNIE & LINDA CINNAMON