Crissman Farms land auction offering 280+/- acres in 31 to 217 acre parcels.

AUCTION DATE:   June 5th at 4pm

AUCTION ON-SITE: 3200 Cypress Road, Durant, OK.

INSPECTIONS:  2-4pm Sundays, May 18th and June 1st. Pastures may be viewed during daylight hours via south entrance.

BUYER-BROKER:  3% commission for registered Brokers. Click to register.

LICENSE INFO:  OK RE Lic# 159708 Ronn Cunningham | Cunningham Johnson Auctions LLC

DOWNLOAD BROCHURE

REAL ESTATE

Assumable mortgage available to qualified buyers.

Buyer of Parcel 3 will have first right of refusal of loan, followed by buyer of parcel 2 then 1.

Terms:

  • Principle Balance: $568,150.02
  • Interest Rate: 4.8% Fixed for life of loan.
  • Maturity Date: 1/1/2052

Contact any Oklahoma AgCredit loan officer to assist you with loan approval.

Beautiful rolling terrain with highly improved fenced and cross-fenced pasture with multiple ponds, creeks and scattered shade trees. The property is currently configured as a stocker operation that includes barn w/apartment as well as 10-acre trap with pens, alley and round tub. All parcels front Cypress Road.

SCHOOLS:  Rock Creek                WATER: RWD #5               ELECTRIC: Southeastern Electric Cooperative

Parcel 1

  • 31 acres overlooking the farm. Improved pasture with 1.5 acre pond and scattered shade trees.
  • 70’x46’ Metal barn built 2023. with 920+/- sf apartment,  and 50’x16′ equipment lean-to.
    • 40’x30′ shop with electric overhead door, second floor storage space and wash bin.
    • 50’x16′ equipment lean-to.
    • 30’x10’ covered porch.
    • 920+/- sf apartment, kitchen features granite countertops, oversized island, custom cabinets and stainless steel stove, built-in microwave, dishwasher, sink and refrigerator. Bathroom features granite countertops with tub/shower combo. Utility room doubles as a closet with built in cabinets.

Parcel 2

  • 32 acres improved pasture, pond, creek and scattered shade trees.

Parcel 3

  • 217 acres cross-fenced improved pasture, ponds, creeks, scattered shade trees and shed with 10 acre trap, pens, alley and round tub.
  • Includes water meter.

CATTLE

50 head of commercial cows are currently on the property.

They will be offered, pending approval of real estate bids.

PICTURES

All map & boundary illustrations are approximate.

VIDEO

All map & boundary illustrations are approximate.

MAPS

All map & boundary illustrations are approximate.

SOIL REPORTS
PARCEL MAPS

DISCLOSURES

DISCLOSURES:

  • 3% Buyers premium applies. Buyer’s premium is an additional fee (3% of the high bid amount) paid by the high-bidder.
  • All parcels subject to any existing recorded easements.
  • Locations of parcel signs, maps, and picture illustrations are for reference only. Refer to survey for boundaries if available and/or legal descriptions. Fence lines may not follow property boundaries per survey.
  • Buyer is responsible for a $1,000 per parcel survey fee.

  • Assumable mortgage available to qualified buyers. Buyer of Parcel 3 will have first right of refusal of loan, followed by buyer of parcel 2 then 1. Contact any Oklahoma AgCredit loan officer to assist you with loan approval.

TERMS & CONDITIONS:

  • Sale is subject to approval.
  • All properties are being sold ‘as is, where is’ and are not subject to financing, inspections or any other contingencies.
    CJ Auctions represents the seller only.
  • The high bidder must make a 10% (Min $5,000) non-refundable deposit on sale day (cash, personal or cashier checks)
  • Buyer will receive general warranty deed and title insurance.
  • Buyer will pay for (but not limited to) the closing fee & title policy. Taxes will be prorated through date of closing.
  • Balance and closing costs are due 30 days from seller acceptance.
  • Contact CJ Auctions for title commitment and copy of easements.
  • All bidders must register with CJ Auctions prior to bidding (registration is held 1-hour prior to auction) and provide a driver’s license or government-issued identification.
  • Absentee bidders must pre-register and qualify through CJ Auctions 48 hours prior to sale day.
  • All persons inspecting the property, attending an open house or auction do so at their own risk and shall not hold CJ Auctions or their agents liable for damages to their person or property.
  • ONLINE BIDDING: Individuals must wire 10% of opening bid amount (minimum $10,000) 48 hours prior to auction to be fully authorized to bid online. Contact CJ Auctions at 918 550 8118 for detailed wiring instructions.

LICENSE INFO: OK RE Lic# 159708 Ronn Cunningham | Cunningham Johnson Auctions LLC

SALE METHOD

SALE METHOD: Buyers’ Choice by the Acre.

How ‘Buyers Choice by the Acre’ works:

      • Buyer’s choice may be offered when more than one property/parcel is being auctioned.
      • Successful high bidder wins the right to choose a property/parcel or properties/parcels from a grouping of similar or like-kind properties.
      • After high bidder selection, the property is deleted from the group and the bidding commences again.
      • Process continues until all properties/parcels are selected.
      • When selling by the acre, high bid is multiplied by the number of acres in the parcel.