Name Griffith Land & Real Estate Auction
Auctioneer Smith & Co. Auction & Realty, Inc.
Type Live Webcast Auction
Date(s) 5/13/2022 - 5/21/2022
This Simulcast Auction will begin Saturday, May 21st at 10 a.m. CST.
Preview Date/Time To view this property contact Ira Smith at 580-334-6001 or ira@smithcoauctions.com.
Checkout Date/Time Buyer will be required to sign contract and place 10% of the purchase price in escrow on sale day, with balance due upon proof of marketable title. On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day. Taxes will be prorated to the day of closing. Possession upon closing.
Location 52176 S. CR 217
Mutual, OK 73853
Buyer Premium 0% is added to the hammer price.
Description
TRACT 1 – 80± Acres, Home, Improvements Location: Located at 52176 S. County Road 217, Mutual OK or from County Road 216 & Hwy 270 travel 1/2 mile north then one mile east on County Road 52 and south into. Legal Description: Legally Described as 80± acres in the W/2 NW/4 of Section 33 T2N R18 WIM This very nice farm is a total of 80± acres that is fenced and cross fenced with 60± acres in cropland and the balance in grass. The tract includes an older farm house with approx. 1,950 sq. ft. of living space and several updates. The home is a 4 bedroom (one is a loft bedroom), 2 bath home with central heat & air. It also has a storm basement and a large family room with atrium style doors looking south across the yard and irrigated farm. This farm has an impressive irrigation well that, when drilled in 1974, pumped an estimated 2,000 gallons per minute. The well currently runs the 7 tower circle irrigation system* on the land and supplies water through an underground pipe to the land across the road. Several other improvements include a 40 x 78 steel framed shop building with 14’ side walls and 1/2 concrete floor, an overhead door, and one side door on the east. The building is wired. Additionally, the property includes a hay barn, loafing shed, steel corals, cattle processing barn, and several livestock pens. *Irrigation system pump, pipe, & motor belong to the current tenant and will not sell with the real estate. * TRACT 2 – 4± Acres Location: Located in Section 32 T21N R18 WIM Legal Description: Legally Described as 4± acre beg. 591.57’ S. of NE/c Sec. 32, then W 498.42’; S 873.96’; E 498.42’; N 873.96’ to POB, less a 6 acre tract. This 4.0 acre tract is immediately west across the road from the home in Tract 1. The land would be an excellent home building site with fences and trees. TRACT 3 – 1,142± Acres • A Beautiful Ranch Location: Located at County Road 54 and County Road 223 NW of Chester, OK »Auction Location will be at the Home Place 52176 S. County Road 217, Mutual OK Legal Description: Legally Described as 240± acres in the S/2 NW and SW/4 of Section 32 T21N R17 WIM and 160± acres in the SE/4 of Section 32 T21N R17 WIM, Lots 1-6-7 & E 106.36’ off E side; 118± acres in Lots 2 and 5 in Section 6 T20N R17 WIM; 534.38 acres in W/2 and SE/4, SW/4 NE/4 less Lot 6 in Section 5 T20N R17 WIM; 145.20 acres in N/2 NE/4, SE/NE 4 for a total of 1,142.58 deeded acres. This ranch has beautiful grass bottoms with a surface water pond and several acres of sub irrigated land. The ranch is fenced and cross fenced with several water wells. The South Canadian River touches the south and southwest sides creating a great situation – the land receives all the benefits of having the river yet it oesn’t segregate the property! The north end supports a rolling sandhill type terrain with good native grass and lots of trees providing good livestock grazing and excellent hunting of deer, turkey, and wild hogs. Black top county road on the south end and county road access on the east side provides easy access to the ranch. Don’t miss an opportunity on an absolute beautiful ranch. TRACT 4 – 53± Acres Location: Located in Section 32 T21N R18 WIM Legal Description: Legally Described as 4± acre beg. 591.57’ S. of NE/c Sec. 32, then W 498.42’; S 873.96’; E 498.42’; N 873.96’ to POB, less a 6 acre tract. A 53± acre tract immediately west across the road from Tract 3. This land is fenced, has a water well, and offers great hunting and cattle grazing.
Auction Terms & Conditions Buyers attending this auction will be required to provide a valid photo ID. By registering, bidder agrees to all terms and conditions as set forth by Smith & Company Auction & Realty, Inc. Buyer will be required to sign contract and place 10% of the purchase price in escrow on sale day, with balance due upon proof of marketable title. Seller will provide a current abstract and warranty deed. Taxes will be prorated to the day of closing. Possession upon closing. Property is selling in its present condition with no warranties expressed or implied. All information given comes from resources we believe to be reliable but in no way is guaranteed. Announcements made sale day supersede all prior advertising. Buyers should arrange financing and satisfy themselves with size, location, boundaries, etc. prior to sale day. Sellers are reserving all oil, gas, and other mineral rights. Online Bidders may bid via our website at smithcoauctions.com. Smith & Company Auction & Realty, Inc. is not responsible for any errors in bids, omissions of bids, or failure to execute bids and shall have no liability to any bidder for any technical or other failure associated with the internet. On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day. ON-LINE REGISTRATION MUST BE COMPLETE AT LEAST 24 HOURS PRIOR TO SALE DAY. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 0% is added to the hammer price.
Payment Terms
Buyer will be required to place 10% of the purchase price in escrow on sale day, with balance due upon proof of marketable title. On-line Buyer’s will be required to wire-transfer 10% of the purchase price to place in escrow on sale day.