WILLIAMS & WILLIAMS REAL ESTATE AUCTIONS

The Thompson Mansion

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8350 West 590 Road
Inola, OK 74036
Property Type:Single-Family
Description:8BR | 13BA | 23,244+/- sf | 27+/- ac
Bidding Closed
Auctioned
Auction Info
Auction Date/Time:
Friday, April 15, 2022
at 12:00pm CDT
Auction Location:
On-Site or bid live from anywhere at auctionnetwork.com
Open Public Inspections:
Open to view 1-4pm Sunday March 13 and April 3. Schedule a private appointment by calling 918.956.1711 or email [email protected]

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Square footage & lot size per county records. OK Broker: Becky Zarecki, RE Lic 138243 Chinowth & Cohen Realtors, Firm Lic 148085, 918-520-2808

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Buyer pays a $199 Technology Fee at closing. Please see Terms of Sale for details.

Property Type:
Single-Family
Bedrooms:
8
Bathrooms:
13
Square Footage:
23,244+/- sf
Lot Size:
27+/- ac
Year Built:
1989
Property ID:
360242
8350 West 590 Road, Inola, OK 74036

Click here to view KJRH Interview

One of the most stunning estates in Northeast Oklahoma sits on 27+/- acres just outside of Tulsa with breathtaking panoramic views of the surrounding countryside. Known as the Thompson Mansion, this landmark property, its high-end furnishings and the owner’s exceptional art collection will be offered as a single lot in the upcoming real estate auction.

Originally built as a residence whose owners conducted extensive entertaining at their home, the property has been significantly updated and improved over the last 10 years and offers the flexible use as both a very private residence or a high-end destination wedding or event venue.

Although a short 15-minute commute to Tulsa, the estate known as the Thompson Mansion, is surrounded by the quiet countryside in a pocket of Oklahoma’s “Amish Country,” where some of the neighbors still travel in horse-drawn buggies.

The current sellers improved the property after purchasing it by adding the full, grand circle drive and wrought iron fencing with electric gate. The property itself is situated on the highest point of the land to maximize the panoramic views and enjoy the stocked ponds, waterfalls, fountains and scenic walkways.

The exterior is beautifully lit including all walkways, entryways, and fence lights. The concrete driveway, patios, and sidewalks have all been dyed for a cohesive look around the property. The patios and sidewalks have also been stamped for design and texture. The lower patio has a bar and a full outdoor kitchen with refrigerator, icemaker, sink and large Char-Broiler grill. This area can hold up to 300 guests making it perfect for large or small parties.

The interior features are too numerous to mention but include 8 large bedrooms, 11 full bathrooms, 2 half baths, state-of-the-art heating and cooling and instant on-demand hot water throughout. A chef’s kitchen has a built-in Sub-Zero refrigerator and freezer, large island with pullout refrigerator drawers, 5-burner Jenn-Air cook top and Jenn-Air double oven. There are numerous living and lounge areas and several bar areas, and an entertainment room with billiards, juke box and big screen TV. Upstairs are 3 en-suite bedrooms, cedar closets and storage, plus a huge ballroom that could be used for other studio activities such as dance, gymnastics, etc.

A grand focal point of the estate is the indoor heated saltwater pool and spa. The 35,000-gallon pool features changing lights and is enclosed by large windows, patio doors and skylights. A full bar is located in this area and there are two bathrooms/changing rooms.

The estate was originally built in 1981 but final touches were completed in 2017 using only the best materials. All of the home’s supporting structures run from basement to ceiling and the home was built directly into the bedrock.

The interior finishes are luxurious and elegant: beautiful marble in the foyer, hallway, ball room, family room and downstairs banquet room was imported from Italy. There are two custom painted chandeliers and fixtures throughout the home are finished in 25 karat gold.

Additional Details
• The garage can accommodate 3 cars but there is abundant parking for all guests
• There is a secret passage from the first floor to the basement and a secret room upstairs that could be used as a safe room or playroom
• The home is filled with high-end furnishings from designer Michael Amini, and brand names such as Hooker, Bernhardt and Bassett
• A Kohler and Campbell New Yorker Baby Grand Piano will convey with the property
• There are 4 full bars throughout the property
• A new roof was installed in 2017 using architectural metal shingles
• There are three outdoor patios, and all three bedrooms upstairs have balconies

Artwork
All of the artwork will convey with the real estate. This is an extensive, curated collection worthy to feature in any home but chosen for this estate. A full inventory is available by request.


Questions?

This individual seller chose to auction their property for a time-definite sale. If you have a property to sell, please contact Customer Service at 800.801.8003




Live On Location
8350 West 590 Road
Inola, OK 74036
Property Type:Single-Family
Description:8BR | 13BA | 23,244+/- sf | 27+/- ac
Bidding Closed
Auctioned

Property is being offered by: Williams & Williams7140 S. Lewis Ave Ste 200, Tulsa, OK 74136800.801.8003

Square footage & lot size per county records.

OK Broker: Becky Zarecki, RE Lic 138243 Chinowth & Cohen Realtors, Firm Lic 148085, 918-520-2808

Auction Date/Time:
Friday, April 15, 2022
at 12:00pm CDT
Auction Location:
On-Site or bid live from anywhere at auctionnetwork.com
Open Public Inspections:
Open to view 1-4pm Sunday March 13 and April 3. Schedule a private appointment by calling 918.956.1711 or email [email protected]

Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Buyer pays a $199 Technology Fee at closing. Please see Terms of Sale for details.

Property Type:
Single-Family
Bedrooms:
8
Bathrooms:
13
Square Footage:
23,244+/- sf
Lot Size:
27+/- ac
Year Built:
1989
Property ID:
360242
8350 West 590 Road, Inola, OK 74036

Click here to view KJRH Interview

One of the most stunning estates in Northeast Oklahoma sits on 27+/- acres just outside of Tulsa with breathtaking panoramic views of the surrounding countryside. Known as the Thompson Mansion, this landmark property, its high-end furnishings and the owner’s exceptional art collection will be offered as a single lot in the upcoming real estate auction.

Originally built as a residence whose owners conducted extensive entertaining at their home, the property has been significantly updated and improved over the last 10 years and offers the flexible use as both a very private residence or a high-end destination wedding or event venue.

Although a short 15-minute commute to Tulsa, the estate known as the Thompson Mansion, is surrounded by the quiet countryside in a pocket of Oklahoma’s “Amish Country,” where some of the neighbors still travel in horse-drawn buggies.

The current sellers improved the property after purchasing it by adding the full, grand circle drive and wrought iron fencing with electric gate. The property itself is situated on the highest point of the land to maximize the panoramic views and enjoy the stocked ponds, waterfalls, fountains and scenic walkways.

The exterior is beautifully lit including all walkways, entryways, and fence lights. The concrete driveway, patios, and sidewalks have all been dyed for a cohesive look around the property. The patios and sidewalks have also been stamped for design and texture. The lower patio has a bar and a full outdoor kitchen with refrigerator, icemaker, sink and large Char-Broiler grill. This area can hold up to 300 guests making it perfect for large or small parties.

The interior features are too numerous to mention but include 8 large bedrooms, 11 full bathrooms, 2 half baths, state-of-the-art heating and cooling and instant on-demand hot water throughout. A chef’s kitchen has a built-in Sub-Zero refrigerator and freezer, large island with pullout refrigerator drawers, 5-burner Jenn-Air cook top and Jenn-Air double oven. There are numerous living and lounge areas and several bar areas, and an entertainment room with billiards, juke box and big screen TV. Upstairs are 3 en-suite bedrooms, cedar closets and storage, plus a huge ballroom that could be used for other studio activities such as dance, gymnastics, etc.

A grand focal point of the estate is the indoor heated saltwater pool and spa. The 35,000-gallon pool features changing lights and is enclosed by large windows, patio doors and skylights. A full bar is located in this area and there are two bathrooms/changing rooms.

The estate was originally built in 1981 but final touches were completed in 2017 using only the best materials. All of the home’s supporting structures run from basement to ceiling and the home was built directly into the bedrock.

The interior finishes are luxurious and elegant: beautiful marble in the foyer, hallway, ball room, family room and downstairs banquet room was imported from Italy. There are two custom painted chandeliers and fixtures throughout the home are finished in 25 karat gold.

Additional Details
• The garage can accommodate 3 cars but there is abundant parking for all guests
• There is a secret passage from the first floor to the basement and a secret room upstairs that could be used as a safe room or playroom
• The home is filled with high-end furnishings from designer Michael Amini, and brand names such as Hooker, Bernhardt and Bassett
• A Kohler and Campbell New Yorker Baby Grand Piano will convey with the property
• There are 4 full bars throughout the property
• A new roof was installed in 2017 using architectural metal shingles
• There are three outdoor patios, and all three bedrooms upstairs have balconies

Artwork
All of the artwork will convey with the real estate. This is an extensive, curated collection worthy to feature in any home but chosen for this estate. A full inventory is available by request.


Questions?

This individual seller chose to auction their property for a time-definite sale. If you have a property to sell, please contact Customer Service at 800.801.8003




Terms of Sale:

Thank you for participating in this Williams & Williams Auction. It is important that you familiarize yourself with the terms and conditions as all sales are final and irrevocable. The terms of sale are non-negotiable. Good luck and good bidding!

Registration at the auction (online and/or in person) finalizes each bidder's agreement to the terms and conditions of sale as stated in the Contract and its Addenda which are incorporated by reference into your bidding. Do not bid until you have read the terms and conditions. The High Bidder will be required to pay a Williams & Williams Technology Fee of $199 at closing. By bidding you are representing to Williams & Williams ("Broker" and/or "Auctioneer") and the seller that you have read and agree to be bound by the terms and conditions for this sale as stated herein. DO NOT BID unless you have registered, received a Bidder's Card and Auction Day Notes, and have read and agreed to be bound by the terms of sale in the Contract as they are enforceable against you upon becoming a high bidder.

All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale. Williams & Williams represents the Sellers only and does not inspect properties on bidder's behalf. Read the Contract and Auction Day Notes to determine the existence of any disclosures, exclusions, representations and disclaimers. Do not bid if you have not inspected the property(s). By bidding you agree to all disclosures.

Buyers receive a deed and Title Insurance Policy as provided by the Closer indicated in the Contract (any mobile/manufactured housing not legally affixed to the property shall only be conveyed by a Hold Harmless Agreement or Quit Claim Bill of Sale unless otherwise noted in the Disclosures). Current year's taxes are pro-rated through day of closing as is customary.

A Buyer's Premium of 5% ($10,000 minimum) will be added to the high bid and included in the total purchase price.

Each high bidder must make a 10% non-refundable deposit per property ($5,000 MINIMUM - whichever is greater) immediately following auction. Cash, cashier's checks, personal checks and business checks (electronically processed) are accepted. If you are a resident / citizen of a country outside of the US, certified funds (bank check, wire transfer, certified checks) are required for the down payment and closing. The balance of the purchase price, all closing costs, and the Technology Fee are due at closing. Closing costs generally range from $750-$3000 and include title exam, title policy, closing fee, filing costs and any other fees noted unless otherwise noted in the Contract.

The Parties acknowledge Buyer will tender the Down Payment in the form of a certified check, cashier’s check, money order, or personal/business check, and said instrument will be made payable to the Escrow Agent, or a wire shall be sent directly to the Escrow Agent, if permitted by the Contract. In those instances where the Down Payment instrument was transmitted to the Auctioneer, Auctioneer shall transmit the Down Payment instrument to the Escrow Agent upon Seller’s acceptance of Buyer’s offer. The Down Payment shall be held by Escrow Agent and disbursed to the Closer identified in the Contract for Sale prior to the Closing Date and following clearance of funds by the issuing financial institution.  Interest, if any, earned on the Down Payment shall be deemed part of the Down Payment and shall be applied together with the principal portion of the Down Payment to the Purchase Price.  The Parties agree that upon a fully executed Contract, the Down Payment is non-refundable, and, at Seller’s request, shall immediately be released to Seller in accordance with the Contract for Sale.

If Seller accepts Buyer’s high bid, then the Contract for Sale shall continue in full force and effect and the Closing Date shall occur no later than thirty (30) days following the date of Seller’s acceptance, except as otherwise may be allowed in accordance with the terms of the Contract for Sale. Buyer(s) and Seller agree that Seller may terminate the Contract for Sale, in Seller’s sole and absolute discretion, in the event the Seller does not accept the Buyer’s high bid.   BUYER UNDERSTANDS AND AGREES IF SELLER HAS PERFORMED SELLER'S OBLIGATIONS UNDER THE CONTRACT FOR SALE, AND IF AT CLOSING THE BUYER FAILS TO PAY THE BALANCE OF THE PURCHASE PRICE OR TO PERFORM ANY OTHER OBLIGATIONS UNDER THE CONTRACT FOR SALE, THE DOWN PAYMENT WILL BE DISBURSED PURSUANT TO OF THE CONTRACT FOR SALE.  BUYER HEREBY DIRECTS ESCROW AGENT AND CLOSER TO DISBURSE THE DOWN PAYMENT FUNDS PURSUANT TO THE TERMS OF THE CONTRACT FOR SALE HEREIN.

Bidding starts at the nominal Opening Bid(s) indicated and is open to the public. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding, to accept or reject any or all bids, and to cancel or re-schedule an auction. The Auctioneer will call the sale and control any increments of bidding. To make a bid, raise your hand or Bid Card to be recognized. The bidding usually takes less than 3 minutes for each property. Absentee bids may be accepted at the discretion of the Auctioneer. The Auctioneer reserves the right to enter bids on behalf of absentee bidders. Any mistakes during bidding as to who has the high bid and/or at what price may be called to the Auctioneer's attention and corrected. The Auctioneer is the sole arbiter and controller of the conduct of the auction and shall be the final and absolute authority without liability to any party.

Your inspection of the property(ies) and attendance at this auction are at your own risk. Broker and Seller, their agents and employees, expressly disclaim any "invitee" relationship and shall not be liable to any person for damage to their person or property while in, on or about these properties, nor shall they be liable for any defects, dangers or conditions on the property(ies). All persons enter the property(ies) and attend the auction at their own risk and shall defend, indemnify, and save harmless Broker and Seller, their agents and employees, from any and all liability attendant thereto.

All the information contained on this property was obtained from official county maps or other sources deemed reliable but is not guaranteed and may be in error. Seller DOES NOT WARRANT the accuracy thereof. Seller has made no independent investigation of any information provided and assumes no responsibility for the providing of or absence of any information, whatsoever, or for the accuracy thereof.

All auctions are subject to court or seller approval. Seller has (7) business days in which to accept or reject the high bid received at auction and Buyer’s high bid is irrevocable during this time. Buyers are not allowed possession until Closing and filing of the deed, at which time the property should be re-keyed. If for any reason the court or Seller approval is not granted, the Down Payment shall be returned in its entirety to the high bidder. "Showing" requests from Buyers after the auction may not be able to be accommodated.

If more than one property is being auctioned, the Auctioneer may choose to offer a group of the properties for auction at the same time. This is called "BUYER'S CHOICE" and is to accommodate buyers who have an interest in more than one property and/or have 2nd and 3rd choices if they are out bid for a favorite property. Upon winning the bid, please choose which property, or properties, you want. You pay the high bid price for each property selected. Each sale is final and stands alone. Remaining properties are then offered in another round of bidding. Anyone may bid at any time, including prior High Bidders.

Williams & Williams and the Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Please read the Contract and Auction Day Notes for a full and complete understanding of Williams & Williams and Seller's disclaimers. Bidders are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the Seller or their agents and employees. Property information may change without notice and potential purchasers should investigate all data fully before relying upon it.

 Auction Network
TERMS & CONDITIONS OF SERVICE

The property offered in this auction will be offered and sold by Williams & Williams Marketing Services, Inc. ("Williams & Williams"). Any questions regarding the auction process or a property should be directed to Williams & Williams or its designated representative. Auction Network, LLC ("Auction Network") serves solely as the online bidding service (the "Service") for Williams & Williams. Your use of the Service is governed by these Auction Network Terms & Conditions of Service, and the Auction Network Terms of Use located at the following URL: https://www.auctionnetwork.com/Site/TermsOfUse.asp, as amended from time-to-time by posted notices or oral announcements made during any auction.

Williams & Williams serves as the auctioneer, and represents the owner of the property at auction. The auction and conveyance of each property shall be governed by property specific Contract for Sale, Auction Day Notes, Disclosures, and the Williams & Williams Terms & Conditions of Sale. These documents govern your bid and the sale of each property, and can be accessed and reviewed at the Williams & Williams property specific web page.

DO NOT BID unless you have read the Williams & Williams Terms & Conditions of Sale, the Contract for Sale, Property Disclosures, and the Auction Day Notes for each property. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Auction Network, Williams & Williams and the Seller are not responsible for technical difficulties during online or remote bidding. Occasionally, the Auction Network online bidding interface may be unable to submit bids in the live auction due technical difficulties including, without limitation, the lack of sufficient communication infrastructure at the location of the live auction. Online bidders are advised to place an absentee bid at least 1 day prior to the live auction to ensure their bid is entered into the live auction on the online bidder's behalf.

In the event of any conflict between Auction Network's Terms & Conditions of Service and the Williams & Williams Terms & Conditions of Sale, the Williams & Williams Terms & Conditions of Sale shall control in each instance.

Auction Network has no authority to, and does not provide, any guarantee, warranty, or covenant, of any kind or nature, regarding a property. Per the Williams & Williams Terms & Conditions of Sale, all properties auctioned are otherwise sold "AS-IS, WHEREIS" without any representation or warranty, express or implied, of any kind by Williams & Williams, Auction Network, or the respective seller, and with no financing, inspection or other contingencies to sale. Buyers must conduct their own due diligence and investigation of each property and must also investigate the suitability of each parcel prior to making a bid and purchase at the auction. Buyers must rely solely upon their own investigation and not any information provided by the Seller or Williams & Williams. Failure of a Buyer to be fully informed on the condition of a property will not constitute grounds for any claim adjustment or right to cancel sale.

Neither Auction Network nor Williams & Williams assumes any risk, liability or responsibility for the authenticity of the authorship of any property or livestock offered at this auction (that is, the identity of the creator or the period, culture, source or origin, or lineage, as the case may be, with which the creation of any property is identified).

The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw or divide any lot, to combine any two or more lots and, in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive.

Any property may be withdrawn by Auction Network or Williams & Williams at any time before the actual sale without any liability therefore. If the auctioneer determines that any opening bid is not commensurate with the value of the article offered, he or she may reject the same and withdraw the article from sale, and if, having acknowledged an opening bid, he or she decides that any advance thereafter is insufficient, he or she may reject such advance.

These Auction Network Terms & Conditions of Service, Terms & Conditions of Use, Williams & Williams' Terms & Conditions of Sale, as well as the online buyer's rights and obligations hereunder, shall be governed by and construed and enforced in accordance with the laws of the State of Oklahoma. By bidding at this auction, whether in person or by agent, order bid, telephone, online, or other means, the buyer shall be deemed to have consented to the exclusive jurisdiction of the state and federal courts sitting in the State of Oklahoma.

You are registering to bid on the following properties, and as stated above, your bid, and the sale of the property, will be governed by the property specific Williams & Williams Contract for Sale, Disclosures, Auction Day Notes, and Terms & Conditions of Sale. Each of these documents are available for your review at the Williams & Williams property specific web page. DO NOT BID unless and until you review these documents. BY PLACING YOUR BID, YOU AGREE TO BE BOUND BY THE PROPERTY SPECIFIC CONTRACT FOR SALE, DISCLOSURES, AUCTION DAY NOTES, AND THE WILLIAMS & WILLIAMS TERMS & CONDITIONS OF SALE.

Disclosures:
• All properties are sold "AS IS, WHERE IS" with no financing, inspection or other contingencies to sale.

• Escrow. Buyer acknowledges receipt of the Joint Escrow Instructions that modifies the Contract for Sale to provide for a designated Escrow Agent to hold down payment funds. Buyer and Seller agree that the Escrow funds may be held in a trust/escrow account located outside of the state where the Property is located.

· Property Tax Disclosure Summary: Buyer Should Not Rely On The Seller's Current Property Taxes As The Amount Of Property Taxes That The Buyer May Be Obligated To Pay In The Year Subsequent To The Purchase. A Change Of Ownership Or Property Improvements Triggers Reassessments Of The Property That Could Result In Higher Property Taxes. If You Have Any Questions Concerning Valuation, Contact Property Appraiser's Office For Information.

• Buyer acknowledges receipt of document titled “Personal Property List”. Items on this list will convey to Buyer with the real estate. Additional Personal Property remaining on site at time of Closing is the responsibility of the Buyer.

· Personal Property shall be included in the sale of the real estate, and Buyer shall be responsible for payment of all applicable state and local taxes on the sale of the personal property at closing. Neither Williams & Williams nor the seller will be responsible for any lost or missing personal property at the time of closing. All personal property is sold 'as is', 'where is' with all faults not subject to any warranty implied or otherwise provided in the Uniform Commercial Code for the sale of goods.

• BUYER ACKNOWLEDGES RECEIPT OF DOCUMENT TITLED “QUIT CLAIM BILL OF SALE” WHICH LISTS THE PERSONAL PROPERTY THAT WILL CONVEY TO BUYER WITH THE REAL ESTATE. PERSONAL PROPERTY SHALL BE INCLUDED IN THE SALE OF THE REAL ESTATE, AND BUYER SHALL BE RESPONSIBLE FOR PAYMENT OF ALL APPLICABLE STATE AND LOCAL TAXES ON THE SALE OF THE PERSONAL PROPERTY AT CLOSING. NEITHER WILLIAMS & WILLIAMS NOR THE SELLER WILL BE RESPONSIBLE FOR ANY LOST OR MISSING PERSONAL PROPERTY AT THE TIME OF CLOSING. ALL PERSONAL PROPERTY IS SOLD 'AS IS', 'WHERE IS' WITH ALL FAULTS NOT SUBJECT TO ANY WARRANTY IMPLIED OR OTHERWISE PROVIDED IN THE UNIFORM COMMERCIAL CODE FOR THE SALE OF GOODS.

· Square Footage Disclosure. The source of the square footage represented for the property is courthouse records. Buyer understands and acknowledges that square footage measurements of a dwelling can vary from a few feet to several hundred feet regardless of source (County Assessor's records, appraisal or appraisal measurement report, etc.). Buyer shall satisfy that the size and/or square footage of the dwelling is acceptable to the Buyer.

Map

Fontana Fitzwilson
Fontana Fitzwilson
Executive Vice President, Sales
PHONE
Selling your property? Find out if auction works for you.
Call 800.801.8003.
Selling your property? Find out if auction works for you.
Call 800.801.8003.