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299 Offered in Two Tracts

E 0590 Rd & N Council Creek Rd : Glencoe, OK 74032

Payne County, Oklahoma

299 Acres
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299 Offered in Two Tracts : Glencoe : Payne County : Oklahoma

Ranch Description

299± Acres Payne County, Oklahoma Stillwater/Glencoe Area

Grass Pasture Ponds Timber Recreation Cattle Farm

Trust Company Of Oklahoma, Trustee Of The Cobb Revocable Trust

Auction

Thursday June 6, 2019 2:30Pm

Auction Location: onsite- E 0590 Rd & N Council Creek Rd (N3440 Rd) Glencoe OK 74032, then half mile west to Tract 1

Directions to Farm: E 0590 Rd & N Council Creek Rd (N3440 Rd) Glencoe OK 74032

From the intersection of Hwy 51 & 177 in Stillwater, Oklahoma, go 9 miles east on Hwy 51 to Bethel Rd/3430, then 3 miles north, Or from Glencoe, OK. Go 5.5 miles south on Hwy 108 to Lakeview Rd, then go 2 miles east, to Bethel Rd. then 1 mile north, ½ mile east. (Tract 1)

Tract 1- 140± acres

Legal Description: Nw/4 of Section (4), Township (19) North, Range (4) W.I.M. Payne County, Oklahoma, less a 20± acre tract previously reserved in the NW/corner

This good Payne county farm consists of approximately 140±Acres and is comprised of mostly grass pasture with 3 nice ponds, and timber. The farm has 3-gate access points with good perimeter fencing and good county gravel roads on the west and north sides.

Principal Soils are: Zaneis-Huska complex, 1-5% slopes, class II; Grainola Clay Loam 3-5% slopes, class Iii; Coyle-Lucian Complex, 1-5% slopes, class III & VI; Doolin Silt Loam 1-3% slopes, class Iv

Taxes: combined with Tract 2 and will be prorated to day of closing

Minerals: Selling surface rights only

Tract 2- 159± acres

Legal Description: Ne/4 of Section (4), Township (19) North, Range (4) W.I.M. Payne County, Oklahoma

Directions to Farm: E 0590 Rd & N Council Creek Rd (N3440 Rd) Glencoe OK 74032

From the intersection of Hwy 81 & 177 in Stillwater, Oklahoma, go 9 miles east on Hwy 81 to Bethel Rd/3430, then 3 miles north to Airport Rd, then.5 mile east.

The very nice farm consists of approximately 159± acres of land. The farm is comprised of mostly grass pasture with 2 nice ponds and some timber located around the ponds and in the SE corner of the farm. The farm has 2 gate entry access points and a small pipe catch pen. There is good access to the property by county gravel roads on the north and east sides of the farm.

Principal soils are: Zaneis-Huska complex, 1-5% slopes, class II; Mulhall Loam, 3-5% slopes, class Iii; Grainola Clay Loam 3-5% slopes, class Iii; Coyle-Lucian Complex, 1-5% slopes, class III & VI; Doolin Silt Loam 1-3% slopes, class IV and others

Taxes: combined with Tract 1 and will be prorated to day of closing

Minerals: Selling surface rights only

Internet Bidding: will be available by logging on to our website to register. Neither the auction company nor the seller is responsible in the event of loss of signal by either side.

Auctioneers Note: These tracts will be offer individually then back together to achieve the highest possible price

Terms/Conditions: 10% of the total purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. All financing must be in order prior to bidding. Sale is subject to confirmation by the Discretionary Committee.

Disclaimer: All information has been taken from sources believed reliable; however, no guarantee is being made by the auction company or the seller. Buyers should satisfy themselves as to any inspections prior to bidding. Any announcements made the day of the auction will supersede all advertising.

Seller: Trust Company Of Oklahoma, Trustee Of The Cobb Revocable Trust

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