10/4 Vacant Res. Lot in Great Location, OKC, OK

Wiggins Auctioneers, LLC

 

Date(s) 9/10/2024 - 10/4/2024

LIVE w/ONLINE BIDDING Friday - October 4, 2024 - 10:00 A.M.

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Bidding Notice:

A 4% Buyer's Premium will be added to the high bid at auction to determine the purchase price. Neither the Seller nor the Auction Company is responsible in the event of loss of signal or delay of signal by either side.

Auction Information
Name 10/4 Vacant Res. Lot in Great Location, OKC, OK
Auctioneer
Type Live Webcast Auction
Date(s) 9/10/2024 - 10/4/2024
Auction Date/Time Info
LIVE w/ONLINE BIDDING Friday - October 4, 2024 - 10:00 A.M.
Preview Date/Time During Daylight Hours
Checkout Date/Time See terms.
Location
Buyer Premium 4% Buyer's Premium
Description
Vacant Lot | Zoned Residential | Outstanding Location in the Heart of Oklahoma City ½ Block S. of NE 42nd St. & N. Lindsay Ave. Oklahoma City, Oklahoma Co., OK LIVE & ONLINE AUCTION Friday - October 4, 2024 - 10:00 A.M. Property Address: 4208 N. Lindsay Ave., Oklahoma City, OK Auction Location: 3168 N. Portland Ave., Oklahoma City, OK Driving Directions: Located from the Jct. of US 44 & N. Lincoln Blvd., 1 mile S. on N. Lincoln Blvd., then 0.13-mile E. on NE 42nd St. OR from the Jct. of US 235 & NE 36th St., 0.75-mile E. on NE 36th St., then N. 0.44-mile on N. Lindsay Ave. - 18,000 +/- SF Lot (0.41 +/- Acres) - Zoned Residential - City Utilities Available - Surrounded by Mature Trees on N., E., & S. Property Lines - Chain Link Fence along North Side of Property - Beautiful Lot with Development Potential Legal Description: A part of Block One (1), and a part of the North Two (2) Acres of Block Four (4) in North View Addition, to Oklahoma City, Oklahoma County, Oklahoma, according to the recorded Plat thereof, more particularly described as follows: Beginning at a point 680 feet East and 240 feet South of the Center of Section 15, Township 12 North, Range 3 West of the Indian Meridian; thence East 180 feet; thence South 100 feet; thence West 180 feet; thence North 100 feet to the point or place of beginning. Taxes: The 2023 taxes were approx. $500.12. The 2024 taxes will be prorated to the day of closing. Minerals: Do not sell. Possession: is to be given upon payment in full of the purchase price & transfer of title, at closing. Power of Sale: Property is being sold under the Oklahoma Power of Sale Mortgage Foreclosure Act (46 O.S. 45), and the mortgagor has the right to redeem the property from foreclosure by paying all principal, interest and other sums secured by the mortgage to the mortgagee prior to the execution and delivery of a deed resulting from the sale. In such an event, the contract shall become null and void, the escrow money shall be returned to the buyer, and neither party shall have any further liability to the other. Registration: All bidders are required to register with a valid form of ID and acknowledge and agree to auction terms & conditions. Buyer's Premium: A 4% Buyer's Premium will be added to the high bid at auction to determine the purchase price. Terms: 10% of the purchase price is to be placed in escrow day of the auction with the balance being due upon delivery of merchantable title. Title will transfer by mortgagee's deed. 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, size, condition, etc. prior to auction day. Announcements made day of auction take precedence. Contact Megan Albright, Auction Manager, at 580.747.2496 for any additional information you may need. Visit WigginsAuctioneers.com for terms, general description & permitted uses, details, photos, & online bidding! Seller: Oklahoma Propane Gas Association
1. I acknowledge that I have viewed or received a copy of the Auction Day Announcements packet, which includes information about the property, Auction Day Announcements (terms and conditions), Real Estate Purchase Contract, and Open Commitment for Title Insurance, if applicable. A copy of the packet is available for review at wigginsauctioneers.com within 24 hours of the auction, or a copy of the packet may be requested by emailing info@wigginsok.com. 2. I have read said Auction Day Announcements packet and understand and agree to abide by terms and conditions of the auction. 3. I currently have sufficient funds to meet the "Escrow Deposit" and further have the ability to fund and complete the transaction as outlined in the Real Estate Purchase Contract. 4. I have examined the Real Estate Purchase Contract and understand that it is a legally binding contract, which is not contingent upon financing, inspections, or anything which would prevent successful closing. 5. I understand the property is being sold "As-Is" and it is my sole responsibility to satisfy myself as to any inspections, current condition, usability, etc. prior to bidding. 6. I understand that if I am the successful bidder, I agree to complete and sign the Real Estate Purchase Contract immediately upon conclusion of the auction, and place a 10% escrow deposit as outlined in the Real Estate Purchase Contract. 7. I understand that my registration for the auction will not be accepted without providing name, address, phone, valid ID and signing and returning a copy of this form. By doing so, I am agreeing to and accepting the terms and conditions of the auction set forth in the Auction Day Announcements packet, and any announcements day of auction which supersede advertising. 8. I hereto agree to sign by electronic means, and that the electronic signature shall have the same force and effect as an original signature.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 2.50 USD
100.01 - 250.00 5.00 USD
250.01 - 500.00 10.00 USD
500.01 - 1,000.00 25.00 USD
1,000.01 - 2,500.00 50.00 USD
2,500.01 - 5,000.00 100.00 USD
5,000.01 - 10,000.00 250.00 USD
10,000.01 - 25,000.00 500.00 USD
25,000.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 4% Buyer's Premium
Payment Terms
See Terms.
N/A