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240 acres Pasture Auction

Rogers County, Oklahoma

02-29-2020 9:00 AM

ESTATE OF JAMES A. LOFTIS REAL ESTATE AND FARM EQUIPMENT Auction

Auction Location

1501 S. 4280 Road Chelsea, OK 74016

Date: 02-29-2020
Bidding Starts: 9:00 AM

Buyer's Premium: 10% Buyer's Premium on all farm equipment lots for online bidders only 5% Buyer's Premium on Real Estate%

1501 S. 4280 Road
Chelsea, OK 74016
Bidding Onsite, Online, Acreage

Bid Online

Auction Details

*This auction is conducted by Rockin' M Auction with online bidding by DreamDirt

This will be a live and online auctions with live bidding held at 1501 S. 4280 Road Chelsea, OK 74016. Auction will begin at 9 am Saturday February 29th. Online bidding is available on limited items now and during the live portion. There will not be online bidding for smaller household items. We will start with small/household items at 9 am and proceed with the real estate at 11 am and immediately follow with and larger (online and live) items. 

10% Buyer's Premium on all farm equipment lots for online bidders only

5% Buyer's Premium on Real Estate

Agent Comments

Mr. Loftis' family has decided to sell his estate at public auction. All the farm equipment has been stored in the barn and is ready to go to work. Also a nice selection of tools, cattle equipment, household items, and much more! Real Estate will sell at 11:00 am followed by farm equipment and select tools with live and online bidding. 

Questions? Call: (918) 706-0341 or (918) 695-0398 

Open Public Inspections will be held Sunday, February 2nd and 16th from 2-4PM.

Inventory

Parcel 1 - House with 20 acres

Parcel 2 - Home with 220 acres

Combination Lot Parcel 1 & 2

CHEVY IMPALA LS 4DR VIN: 2G1WB58KX89207061 METER SHOWS 108,100 MILES

FORD 7740 POWERSTAR SL CAB W/ AC/HEAT, RADIO, REAR HYDRAULIC REMOTES  W/ WESTERNDORF FRONT-END LOADER BUCKET & BALE SPEAR METER SHOWS 3506 HRS.

FORD 4400 W/ LOADER BUCKET & BALE SPEAR METER SHOWS 458 HRS.

VERMEER ROUND BALER MODEL 605-H 5X6 BALES, STRING TIE

KELDERMAN 10-WHEEL HAY RAKE

GEHL MODEL 160 8’ DISC MOWER

200 GAL. 3PT BATWING SPRAYER

TERRAIN KING MODEL: CP-180 15’ BATWING MOWER

NEW HOLLAND RAKE

MASSEY FERGUSON MODEL MF-180 6’ BOXBLADE W/ RIPPER TEETH

4X8 BUMPER PULL UTILITY TILT TRAILER

LINCOLN SA-200 DC WELDER W/ LEADS, TRAILER, VICTOR GAUGES AND TORCH & BOTTLES

4-WHEELER

CUB CADET 46” ZERO TURN MOWER 4-WHEEL STEER, RZTS, 23HP KOHLER

9-TON FEED BIN W/ CONVEYOR

CENTRAL CITY SHOW CATTLE SCALE MODEL 615 W/ 8X10 PLATFORM

HEAD GATE W/ 20’ ALLEY

30’ FEED TROUGH

30’ FEED TROUGH

30’ FEED TROUGH (DAMAGED END)

10’ FEED TROUGH (2X)

10’ FEED TROUGH (2X)

10’ FEED TROUGH (2X)

10’ FEED TROUGH (2X)

10’ FEED TROUGH (2X)

10’ FEED TROUGH (2X)

10’ FEED TROUGH

8’ FEED TROUGH (2X)

8’ FEED TROUGH (2X)

FEED TROUGHS (DAMAGED)

RUBBERMAID 300 GAL. WATER TANK

RUGGED RIM 110 GAL. WATER TANK

12’ CATTLE PANEL (5X)

12’ CATTLE PANEL (6X)

12’ CATTLE PANEL (3X)

16’ CATTLE PANEL

16’ CATTLE PANEL (2X)

8X16 SHOWPIG PEN W/ GATES

PORTER CABLE 175 PSI 80 GAL. UPRIGHT AIR COMPRESSOR

DEWALT D28494 9” ANGLE GRINDER

DEWALT DW305 VS RECIPROCATING SAW W/ CASE

DEWALT D28700 14” CHOP SAW

SKIL PLATE JOINER HD1605 W/ CASE

STIHL MS250C CHAINSAW

GENERAC PRESSURE WASHER

ECHO GT-225 CURVED SHAFT TRIMMER

TORO STRAIGHT SHAFT TRIMMER

SHOP FAN W/ DOLLY

AC DELCO 6000 WATT GENERATOR ELECTRIC START

ATV PULL BEHIND SPRAYER

KOBALT ROLL-AROUND TOOL BOX

HITACHI C12LSH DIGITAL & LASER 12” COMPOUND MITER SAW W/ FOLD-UP STAND

GRACO MAGNUM XR9 POWER PISTON PAINT SPRAYER

LINCOLN IDEALARC 250

KLUTCH 6” SHOP VISE

ANVIL 75#?

100 GAL. OVERHEAD FUEL TANK

Home Description

See Individual Tract Details

Building Description

See Individual Tract Details

Closing

30 day closing period

Earnest Money

5% non-refundable, due on auction day

Terms and Conditions

By bidding on this auction you agree to abide by the Terms and Conditions of this auction. You must satisfy us of your identity and to be authorized to bid. We reserve the right to require you to satisfy us of your financial ability to perform on this transaction prior to or after bidding has occurred. As an online bidder you consent to phone calls, text messages or emails from us. Internet latency can result in your bids not being accepted. The timer on online auctions can vary by a few seconds for each bidder depending and how secure and stable your own connection is. We want to give you notice that bidding in the last few seconds is a risky tactic. Using Max bidding prior to the end of the auction is the most secure way to ensure your bid is accepted. We are not responsible for technology failures and can not be held liable if your bids are not accepted. In the event a technology failure or Internet outage on our part we reserve the right to extend the auction ending time. Google Chrome browser is the preferred browser for interacting with our software. Bidding increments are at the sole discretion of the Auctioneer who may accept or reject any bid. You must request to review the purchase agreement prior to bidding if you wish to review it. You consent to the form by bidding and waive any legal review of the purchase agreement once the auction has ended. Immediately upon the conclusion of the auction the high bidder(s) will enter into a real estate purchase agreement which is a legally binding contract and deposit with DreamDirt Farm and Ranch Real Estate LLC or other approved holding account the proper non-refundable earnest deposit. If you fail to perform or close on this transaction your earnest deposit will not be refunded. Buyer agrees to sign all documents immediately using electronic means and in a reasonable amount of time wire any necessary earnest funds using bank wire. Buyers failing to meet all terms and conditions of this sale or perform on the real estate purchase agreement are subject to loss of their earnest deposit. Buyers that fail to close on or before the closing date may be subject to paying sellers interest payments or a daily penalty of up to $500 per day at the sellers election, the seller may also elect other legal options including requesting the earnest deposit and selling the property to another party. The Seller(s) will provide a current abstract or other title conveyance instrument at their own expense unless otherwise noted. The sale is not contingent upon buyer financing or appraisal, all bids are cash bids. This sale is subject to all easements, covenants, leases, and restrictions of record. Buyers must do their due diligence prior to bidding. All bids are legally binding offers for real estate. All property is sold on an "As is – Where is" basis with no warranties or guarantees, expressed or implied, made by the Auctioneer or Seller unless specifically stated. You agree by bidding that you will enroll any CRP acres or acres enrolled in government programs in your name upon gaining ownership or abide by continuing requirements of any government programs or conservation programs on the farm. If you do not enroll these acres you will be required to pay any necessary penalties or withdrawal fees the program charges and the seller will not share in this cost. A survey will only be conducted if legally necessary. A buyer may perform any survey at their expense. The seller reserves the right to accept or reject any and all bids. The successful bidder(s) acknowledges that they are representing themselves or have hired representation using their own financial means to complete the auction sales transaction. Any announcements made by the Auctioneer will take precedence over any previous material or statements. All announcements will be placed on our website and the top of the bidding page. The Auctioneer may accept absentee, phone or Internet bids from bidders or bid on behalf of the seller to advance toward any reserve until the reserve is achieved if one exists. Sellers reserve the right to take up to 4 hours after bidding ends to accept the final bid. Being the high bidder does not form a contract until the auctioneer announces the property sold and you are notified the seller has accepted your bid. Bidding remotely does not guarantee anonymity. All decisions of the Auctioneer are final.

View Associated Files

Contract

Contact


Tom Bradley, Land Broker l Auctioneer

Work: (855) 376-3478

Cell: (515) 202-7687

Email: Tom@DreamDirt.com


Jason Smith, Broker / Auctioneer

Work: (855) 376-3478

Cell: (515) 537-6633

Email: Jason@DreamDirt.com


Ryan Moss, Auctioneer, Rockin M Auction Service, LLC.

Work: (918) 695-0398

Email: rockinmauctionservice@yahoo.com

©2018 DreamDirt Farm and Ranch Real Estate. We have obtained all disseminated information from sources we have deemed to be reliable but do not warrant or guarantee any information. It is possible that information has been omitted or reported to us in error. All lines drawn on maps are approximate. All acreages are stated as more or less. Representatives of DreamDirt Farm and Ranch Real Estate LLC may offer opinions based on the best information available at the time using assumptions and estimates but this does not guarantee any performance financial or otherwise. It is imperative that you rely on professional advice from legal, tax, financial or other advisors to make any decisions based on your own investigation.


Tract 1

20 Acres
Tract Detail

Lot # 0001: Parcel 1 - House with 20 acres Parcel 1 and 2 will auction separately and then combined and offered as a whole (Lot 3). No contingency and sold as-is, where-is. Financing is available on auction properties but contract is not contingent upon inspections or appraisal. If you have questions please call Rockin' M Auction Service, LLC at 918-706-0341 or 918-695-0398.  

Home Description

Sits on 20 acres and boasts an oversized laundry room, sun room and has a pellet stove. 1920 sq. ft. 4 Bedroom 3 bathroom Built in 2009 30 day closing period 5% non-refundable, due on auction day

Building Description

2 car garage

Other Improvements

Improved pasture, spring fed pond and a barn


Tract 2

220 Acres
Tract Detail

Lot # 0002: Parcel 2 - Home with 220 acres Parcel 1 and 2 will auction separately and then combined and offered as a whole (Lot 3). No contingency and sold as-is, where-is. Financing is available on auction properties but contract is not contingent upon inspections or appraisal. If you have questions please call Rockin' M Auction Service, LLC at 918-706-0341 or 918-695-0398. This property boasts 2 super springs that supplies water to home and approx. 4 ponds with a rural water tap. This property is a cattleman's and horseman's dream!

Home Description

Sits on 220 acres 1,546 sq. ft. 3 Bed, 2 Bath Built in 1969 30 day closing period 5% non-refundable down payment due on auction day

Building Description

50x60 hay barn 23x48 machinery shed 48x27 shop 18x30 shop

Other Improvements

Pipe fencing, pipe corrals, enclosed sheds, storage and loafing sheds. improved pasture has cross fencing with 4 gates into pasture.