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160± ACRES * PONDS * GRANT COUNTY * OKLAHOMA * LAMONT AREA * MINERALS
SARAH & JIMMY REED AUCTION
TUESDAY JULY 16TH 10:00AM
AUCTION LOCATION: Onsite E0260Rd & N06050 Rd Lamont, OK, 74643
Directions to Farm: From Salt Fork, Oklahoma (5 miles south of Lamont, Oklahoma) go 1 mile east, watch for signs.
This nice Garfield County farm consists of approximately 160 acres. According to the county F.S.A office there is 119.46 DCP crop acres with 116.46 wheat base, 38-yield, and Grain Sorghum 3 -acre base and 30-yield. The balance of the farm lays in grass pasture, ponds, some timber and improvements. The improvements include: water well, electric, older Quonset, older hay barn and granaries. There is good access with blacktop frontage on the south and county road on the west. The ponds are stocked with catfish, Bass and Perch. Principal soils are: Pond Creek Silt Loam, 1-3% slopes, class I; Grant Silt Loam, 1-3% slopes, class II; Kirkland Silt Loam, 1-3% slopes, class II; Port Silt Loam, 0-1% slopes, class II; small amount of Norge Silt Loam, 3-5% slopes class III
Legal Description: SW/4 of Section (18), Township (25) North, Range (3), W.I.M. GRANT County, Oklahoma
Taxes: $332.00
Rent Payment: Buyer will receive the 2nd half of the rent payment at closing.
Possession: will be given January 1, 2025
Minerals: Selling with the surface rights. No income.
Pre-Auction Offers: No pre-auction offers will be accepted prior to the auction date.
Previewing the Farm: can be done on your own during daylight hours only.
Internet Bidding: will be available by logging on to www.lippardauctions.com to register. Neither the auction company nor the seller is responsible in the event of loss of internet signal by either side.
Terms: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance due upon delivery of marketable title
Disclaimer: All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company nor the seller. Bidders should satisfy themselves as to any inspections prior to bidding. Financing must be in place prior to bidding. Any announcements made the day of the auction shall supersede all marketing or comments
SELLER: SARAH & JIMMY REED
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