Real Estate Auction: 160AC fronting Hwy 177 offered in 3 tracts
No Reserve Real Estate Auction
Sunday, November 8th 1:30 pm
Just 5 ½ miles North of I-40/Shawnee
160 Acres Fronting on Highway 177 - Offered In 3 Tracts and Will Sell Without Reserve
Auctioneer’s Note: This farm has been in the Franklin Family since statehood. However, the time has come for it to have a new owner.
Auction Location: From the intersection of Hwy 177 and Interstate 40 go 5 ½ miles north on Highway 177. Or From the intersection of Highway 177 and Highway 62 go 2 ½ miles South on Highway 177. Watch for signs.
This property will be divided into 3 tracts and offered individually and in combinations using the multi-parcel method, giving you an opportunity to own it in its entirety or only the individual tracts you choose.
Tract 1: Approx. 35 acres on the Highway. Hilltop home site with ¼ mile of frontage on Hwy 177 and frontage on County Road 1070. Stock pond, rolling terrain with good balance of timber and grass. All the mineral interest will transfer with this property.
Tract 2: Approx. 35 acres on the Highway with hilltop homesite, nice pond, approximately 12 wooded acres & balance in rolling grassland. All the mineral interest will transfer with this property.
Tract 3: Approx. 90 acres of predominately bottom land with creek and balance in upland mixed woods & grass. Excellent habitat for deer, turkey & other wildlife. All the mineral interest will transfer with this property.
Tract 4: Minerals Only - All of the family’s mineral interest in the 80 acres describes as - E/2 of NE/4 of Section 31, T 12 N, R 3 E. of I. M., Lincoln Co.
Terms: Seller will accept the highest bid or bids at the close of the auction and provide an abstract to date and a warranty deed at closing. Buyer(s) must make a 10% deposit at the conclusion of the auction and pay the balance in cashier’s funds at closing within 45 days of sale.
There are no contingencies for financing, so financial arrangements must be made prior to the auction. For viewing this property or for more details, contact Mike Bendele or Brian Bendele, United Country Real Estate 405-258-3876, OR John Ball or Justin Ball, Ball Auction Service 405-258-1511.
OWNER: The Franklin Family