1244 E 350 Road , Talala, OK 74080 (Rogers County)

Size: 81 Acres

Type: Farms and Ranches, House

Home: 3 beds - 2 full baths - 1,561 Sq Ft

81 Acres in Talala, OK - $77,808

81 acres to be auctioned. 1561 sq. ft. home built in 1959. Mid-century modern home designed by architect Russell Magee. Set in grove of trees. Metal shop building with concrete floor. Older barn with loafing shed, metal framed hay barn, metal pipe cattle pens, fenced and crossed fenced, 2 large ponds, wet weather creek with timber, black top frontage, excellent soils with improved pasture. Sold in cooperation with National Commercial Auctions.

Title: Trustee Ordered Land and Mineral Auction in Rogers County, Oklahoma

Subtitle: 81+/- acres Land Estate of Morsani

Short Description: Great opportunity to purchase land and minerals rights, including 81 +/- ac offered in 3 parcels, as well as mineral rights for the entire property offered in a separate offering. All parcels will be offered individually, in any combination or in the entirety.

Address: 1244 East 350 Rd., Talala, OK 74080

Au...

Auction: Thursday, July 7, 6:00 PM

Inspections: Thursday, June 23, 4:00 6:00 PM

Thursday, June 30, 4:00 6:00 PM

Thursday, July 7, 4:00 6:00 PM

Description: Trustee Ordered Land and Mineral Auction 81 +/- ac offered in three parcels and mineral rights for the entire property offered in a separate offering. This sales structure will allow buyers to purchase one, all or any combination of the offerings. A unique opportunity exists for those searching for a great country setting to live, investors seeking to capitalize on mineral production, or ranchers expanding their operation with additional quality pasture.

1. Offering one is a 49.5 +/- ac parcel which includes a 1561 +/- sf 3 bed, 1 bath home, barn, workshop, carport and pipe working pens. Additionally, there is a large pond and wooded creek that runs through the west half of this parcel. Good pasture, well maintained fence and in place livestock facilities make this a great opportunity to buy your first farm or expand on an existing operation.

2. Offering two is 15.7 +/- ac parcel that encompasses both of the existing wells on the property. Both a producing natural gas and oil well are present on this parcel. The parcel presents a great investment opportunity and a potential building site for homeowners.

3. Offering three is 15.7 +/-ac parcel located on the east side of the property. This parcel includes a pond, pasture and ample space to build a home. Tremendous opportunity for first time buyers to purchase a country setting to call their home!

4. Offering four consists of an opportunity to purchase 100% interest in the mineral rights for the entire 81 +/- ac.

Directions: From Hwy 75, go east on 3500 Rd 6.3 miles. Property is located on the south side of the road with large cedar trees in the front yard and a pipe entry gate.

From Hwy 169, take 4060 Rd north for 7.5 miles, then turn left on 3500 Rd and follow for 1.5 miles, house is on the south side of the road.

Summary of Terms: 10% buyers premium. No representations or warranties, expressed, written or implied by the Seller or Auctioneer. All property is being sold AS-IS, WHERE-IS. In order to bid at the auction, a non-refundable deposit of 10% ($5000 minimum) of the purchase price is required and closing within 30-days. 1.5% Broker participation offered. Complete terms and conditions will be provided prior to auction day.

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