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Date: |
June 4, 2009 |
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Time: |
10:00 A.M. |
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Location: |
Helena Town Hall, Helena, OK |
| Seller: |
H.C. “Dick” Thomas Estate |
| Auction Manager: |
Jeff Crissup * (580) 541-9246 * |
Property Description: Tract #1: This 480 acres, all grassland, is located 3 mi N of Helena on SH58, then 1.2 W to the Southeast corner of the tract. There are small areas of trees and a creek that, in normal weather conditions, flows 8-10 mo of the year, providing ideal shelter for livestock and wildlife. According the FSA., there are 349.1 acres in a CRP contract which will expire Sept. 30, 2013. The rental rate is $44.45 per acre which yields an annual payment of $15,518. This land has been mostly undisturbed for the past 7 yrs, becoming a sanctuary for our native wildlife. There is a good, small pond near the north end of the property that has provided water for livestock and enjoyable fishing for many. There is a 40’x75’ all steel farm building with a concrete floor, grain package, and a 20’x75’ open machine shed, and a 60’x60’ pole barn used for hay storage. The improvements are near the south end of the land. This land has not been available for many years and presents a rare opportunity to purchase 480 contiguous acres of grassland in this area. The C.R.P. contract provides an excellent annual income and exceptional possibilities and opportunities for farmers, ranchers, investors, and outdoor enthusiast. Legal: the N/2 and SE/4 of 32-25-10, Alfalfa Co. OK
Tract #2: This 150+/- acres of highly productive farm land is situated nicely on SH 45 just 2 mi west of the Helena Junction. This farm has good dark soil capable of producing about any crop adapted to the area. Principal soil type is Carwile-Attica complex, Class II, with a lesser amount of Renfrow silt loam, Class III. According to the FSA there are151.4 acres of cropland with a full wheat base and 37 bu per acre yield. The farm is ideally located with highway access to Helena and surrounding communities. Legal: SE/4 of 19-24-10, less and except the railroad.
General Statements
Taxes: will be prorated to close. Minerals: ½ of the minerals and mineral rights will revert to the land, and the owner thereof, 20 years from the date of transfer of title. Crop: does not sell. C.R.P. payment: Seller will retain the 2009 and previous payments. Buyer will be entitled to the 2010 and future payments. Possession:of Tract #1 will be given at closing subject to the C.R.P contract. Possession of Tract #2 will be given at closing or upon completion of the 2009 wheat harvest, whichever is later. Terms: 10% down w/bal due on del of merchantable title. Announcements day of auction take precedence. Can’t attend the auction? Bid online at www.proxibid.com/wiggins. Register at least 2 days before the auction by calling the auction company.
Call Jeff Crissup, Auction Manager, 541-9246 (cell) or office, 233-3066.
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