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Auction Highlights Home  > Absolute Real Estate Auction in Central Oklahoma

 Absolute Real Estate Auction in Central Oklahoma  

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Item Description
4 FARMS SELLING AT ABSOLUTE AUCTION 481 Acres Selling in 5 Tracts and over 100 Head Cattle Complete Dispersal of the Monroe Family Operation SATURDAY, MAY 15, 2010 @ 10am BETWEEN PRAGUE AND SPARKS, OK Location: From Chandler, go south on Highway 18 to Highway 18B, then east on 18B to curve, go south 1 miles on 3470 Road to 990 Road, then east 3/4 mile to sale site (Tract 1). Watch for signs. Auctioneer’s Note: Gerald and Guinda Monroe have lived in the Sparks area for 30+ years. Since retiring 3 years ago, Gerald has enjoyed the land, cattle and wildlife. He and Guinda have made the decision to fully retire and move to the lake; therefore they, along with their son, Richard, will sell their farms and equipment absolutely to the highest bidders. Great buying opportunity! Five individual tracts sold absolutely to the highest bidders with no minimum and no reserve with no contingencies. With 250+ registered bidders, and 20 qualified real estate bidders, we sold through the real estate and personal property in just about 5 hours and the Monroes had nothing but compliments for our team and our results. Tract 1 (80 acres): Gerald and Guinda’s home and 80 acres. Approx. 1800 sq. ft. rustic home nestled in tree-studded yard. Nicely updated and remodeled home has beautiful oak cabinetry in kitchen plus all like-new stainless steel appliances. All new windows, commercial air freshener, central heat and air, wood stove on brick hearth. 2 or 3 bedrooms, spacious living room, carpet, laminate and tile flooring. Utility room, entry nook. Pretty view every direction, off the porch or through the windows! Two-car carport, utility vehicle cover, pipe and cable fenced yard. 20’ x 30’ shop with concrete floor, 24’ x 32’ workshop. Six stall barn plus steel cattle corral and loading alley. 2.5 acre fish-stocked lake plus 2nd fish-stocked pond. Well fenced property and cross-fencing. Wooded terrain with lots of deer. Bucks harvested annually. Excellent Greenfield Bermuda and clover hay meadow. Tract 2 (80 acres): Across the road east of Tract 1. 80 acres with 3 acre beautiful fish-stocked lake. Fishing dock. Wooded area in center of property provides great deer and turkey hunting. Cement block cabin ready for occupancy. Electric and water. Fenced and cross-fenced with excellent grazing – cut for hay annually. The ideal weekend recreation or build your custom home overlooking your private lake and your land. Tract 3 (160 acres): 3 miles east of the Tract 1 and Tract 2 corner. This is one of the best combinations of productive land and hunter’s paradise. You must drive this place to fully appreciate what it offers. 14 point buck harvested last season and there are many more of his caliber. Turkey flock of over 150 birds. On photo day we saw turkeys every 100 yards! Over 120 acres of productive bottom land in Bermuda, clover, fescue cut annually for hay. Fenced and cross-fenced for cattle and hay, ponds and creek for water. Huge pecan trees and walnuts. Tract 4 (160 acres): Between Tract 3 and Tract 2. 9 acre fish stocked lake highlights this rolling grassland. Cowman’s dream grass and sportsman’s haven if you like to fish and hunt. Deer – turkey – ducks and geese. Plenty of wooded area for wildlife and shade, over 120 acres of rolling grassland. Fenced. Pretty places for a home site overlooking the lake. Tract 5 (1 acre): Located south of the corners of Tract 1 and 2. Unique opportunity. Historic native rock schoolhouse with approx. 2400 sq. ft., situated on one acre. Owners converted the structure into their home. For the current owner, 2 bed 2 bath fit their needs – you may wish to make adaptations. Come look at the “Concord School House“ home! Real Estate Terms: Seller will accept the high bid for each tract and provide an abstract to date and at closing a Warranty Deed. The Buyer must make a 10% deposit on sale day and pay the balance by cashier’s check on approval of title within 30 days. No contingencies so have your financing in place by sale day and be prepared to buy. Possession at closing. Any announcement made day of auction shall supersede any previous advertisement or statement and prevail as the final terms and conditions. To get a sold sign on your property, call Mike Bendele with United Country Real Estate, Chandler, 405-258-3876 or John Ball with Ball Auction Service 405-258-1511.
Sale Details
Sold For: $669,000.00
On: May 15, 2010
City: Sparks
State: OK
Seller Information
Auctioneer: John and Justin Ball
Company: Ball Auction Service