Hennessey, OK 73742 - Kingfisher County

155 +/- Acres | Outstanding Sm. Grain Farm | SH 51 Frontage | Home Site Potential

Hennessey Area, Kingfisher Co., OK

AUCTION

Tuesday - May 16, 2017 - 10:00 a.m.

Auction Location: Turkey Creek Golf Course, OK-51, Hennessey, OK

Here is a great opportunity to purchase an outstanding Kingfisher Co. farm located just 4 miles east of Hennessey on SH 51. According to the Kingfisher Co. F.S.A. there are 147.6 acres of cropland with a 147.6 acre wheat base & 31 bushel per acre PLC yield. Principle soil types of the cropland are Renfrow clay loams, Classes I & III; with lesser amounts of Grainola clay loam & Yahola fine sandy loam, both Class III. Improvements include an office building w/electricity & water well. Legal Description: NW/4 23-19N-6W, less & except any portion previously conveyed for use as hwy 16 Taxes: were approx. $475.00. The 2017 taxes will be prorated to the day of closing. Minerals: do not sell. Wind Lease: currently leased, will transfer to Buyer. Crop: does not sell. Possession: is to be given upon payment in full of purchase price & transfer of title, at closing, subject to the existing ag lease which expires upon completion of the 2016-2017 canola crop or July 1, 2017, whichever is later, and subject to rental agreement on office building. Rental Income: office building is currently rented producing $3,000 annual income. Terms: 10% of the purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of merchantable title. 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, crop base, size, condition, etc. prior to auction day. Announcements made day of auction take precedence. Contact Justin Choate, Auction Mgr & visit Wiggins Auctioneers online for aerials & photos!

Sellers: Alan & Margaret Patocka