Residential Land for Auction in Oklahoma City, Oklahoma

NOTE: This is an auction. The above mentioned "For Sale" price is not an asking price but rather, a SUGGESTED OPENING BID. Vacant Lot | Zoned Residential | Outstanding Location in the Heart of Oklahoma City 1/2 Block S. of NE 42nd St. & N. Lindsay Ave. Oklahoma City, Oklahoma Co., OK LIVE & ONLINE AUCTION Friday - October 4, 2024 - 10:00 A.M. Property Address: 4208 N. Lindsay Ave., Oklahoma City, OK Auction Location: 3168 N. Portland Ave., Oklahoma City, OK Driving Directions: Located from the Jct. of US 44 & N. Lincoln Blvd., 1 mile S. on N. Lincoln Blvd., then 0.13-mile E. on NE 42nd St. OR from the Jct. of US 235 & NE 36th St., 0.75-mile E. on NE 36th St., then N. 0.44-mile on N. Lindsay Ave. o 18,000 +/- SF Lot (0.41 +/- Acres) o Zoned Residential o City Utilities Available o Surrounded by Mature Trees on N., E., & S. Property Lines o Chain Link Fence along North Side of Property o Beautiful Lot with Development Potential Legal Description: A part of Block One (1), and a part of the North Two (2) Acres of Block Four (4) in North View Addition, to Oklahoma City, Oklahoma County, Oklahoma, according to the recorded Plat thereof, more particularly described as follows: Beginning at a point 680 feet East and 240 feet South of the Center of Section 15, Township 12 North, Range 3 West of the Indian Meridian; thence East 180 feet; thence South 100 feet; thence West 180 feet; thence North 100 feet to the point or place of beginning. Taxes: The 2023 taxes were approx. $500.12. The 2024 taxes will be prorated to the day of closing. Minerals: Do not sell. Possession: is to be given upon payment in full of the purchase price & transfer of title, at closing. Power of Sale: Property is being sold under the Oklahoma Power of Sale Mortgage Foreclosure Act (46 O.S. 45), and the mortgagor has the right to redeem the property from foreclosure by paying all principal, interest and other sums secured by the mortgage to the mortgagee prior to the execution and delivery of a deed resulting from the sale. In such an event, the contract shall become null and void, the escrow money shall be returned to the buyer, and neither party shall have any further liability to the other. Registration: All bidders are required to register with a valid form of ID and acknowledge and agree to auction terms & conditions. Buyer's Premium: A 4% Buyer's Premium will be added to the high bid at auction to determine the purchase price. Terms: 10% of the purchase price is to be placed in escrow day of the auction with the balance being due upon delivery of merchantable title. Title will transfer by mortgagee's deed. 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, size, condition, etc. prior to auction day. Announcements made day of auction take precedence.