E0440 Rd, Drummond, OK 73735 - Garfield County

40 +/- Acres of Highly Productive Cropland | Desirable Location

Development Potential | Within Minutes of Enid, Garfield Co., OK

Auction Location: Springhill Suites by Marriott, 5815 KL Drive, Enid, OK 73703 (W. of Wal-Mart on W. edge of Enid)

This is an outstanding opportunity to purchase a highly productive 40 +/- acres ideally located for future development just 1 mile S. of Jct. US 412 & SH 132 to Drummond, then 5/8 mile E. on Rupe Ave. According to the Garfield Co. F.S.A., there are 39.16 acres of cropland with a 38.2 acre wheat base & a 48 bushel per acre PLC yield. Principle soil types of the land include Pond Creek silt loam, Class I, Grant silt loam, Class II & Kingfisher-Ironmound complex, Class IV. Improvements include a 30x40 shop building and perimeter fences. Dont miss this opportunity to purchase excellent land in an outstanding location! For the investor, good growth potential with an annual return from an ag lease; for the developer, an exceptional location for residential acreages, & executive home sites; & for the farmer/rancher, highly productive land with additional growth potential. Be sure to take a look! Legal Description: E/2 W/2 SE/4 of Sec. 14, Twp. 22N, R8 W.I.M., Garfield Co. 17 Taxes: were approx. $170.00. The 2018 taxes will be prorated to the day of closing. Minerals: Do not sell. Crop: Does not sell. Possession: Possession is to be given upon payment in full of the purchase price & transfer of title, at closing, subject to the existing agricultural lease which expires upon completion of harvest of the presently growing 2017-2018 crop, or July 1, 2018, whichever is later. 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, etc. prior to auction day. Any announcements made the day of the auction take precedence.

Seller: The Estate of Ellen M. Rathjen