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NOTE: This is an auction. The above mentioned For Sale price is not an asking price but rather, a SUGGESTED OPENING BID. 137 +/- Acres w/ Blacktop Frontage | Productive Sm. Grain Farm (31.5 +/- Acres of Class I & 87.5 +/- Acres of Class II Soils) | Home Site Potential | Joins Ridgewood Community (Corner of Stabe Rd. & Fox Dr.) | Lahoma Area, Garfield Co., OK AUCTION Wednesday June 4, 2025 10:00 A.M. Auction Location: Lahoma Community Bldg., 201 Old Stabe Lane, Lahoma, OK 73754 Land Location: Located from the Jct. of US 412 & Stabe Rd. in Lahoma, go approx. 2 3/4 miles S. on Stabe Rd. (corner of Stabe Rd. & Fox Dr.); Property Address: 15315 South Ridgewood Dr., Lahoma, OK • 134.23 acres of cropland with a full wheat base & a 39 bu./ac. PLC yield • Principal soil types include Keokuk-Buttermilk complex, Class I; Port & Grant silt loams, Class II; Drummond Loam, Class IV; & smaller amount of Kingfisher-Ironmound complex, Class IV • Improvements include a water well with submersible pump along the W. side • Home site potential (outstanding location for rural homes, barndos &/or executive home site) • Access by blacktop road along the W. side; good, rocked road along the S. side '24 Taxes: were approx. $430.50 Legal Description: SW/4 of Sec. 29, Twp. 22N, R8 W.I.M., Garfield Co., OK, incl. Lots 9-19, both inclusive, Blk 2, Ridgewood Community (Except remaining Ridgewood Community & Except a 305' x 170' tract beginning 1315' N. of SW/corner) General Statements '25 Taxes: Will be prorated to the day of closing. Minerals: Do not sell. Possession: Possession is to be given upon payment in full of the purchase price & transfer of title, at closing, subject to the completion of harvest of the presently growing 2024-2025 wheat crop or July 1, 2025, whichever is later. Registration: All bidders are required to register with valid form of ID and acknowledge and agree to auction terms & conditions. Absentee bidders who wish to authorize another person to bid/purchase on their behalf, please provide a letter of authorization. Contact the Auction Company for details. Terms: 10% of the purchase price is to be placed in escrow day of auction with the balance being due upon delivery of merchantable title. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, crop base, size, condition, etc. prior to auction day. Announcements made day of auction take precedence. Seller: Ruey Dierksen |
