Tract 3 - Gavel Roads Online Auctions

Tract 3

Lot Number:3
Completed
Bid Count:0
Winning Bidder:
Starting Bid:$600,000.00/Acre
Bid Increment:$250.00
Current Bid:$0.00/Acre x 121 Acres
121 Acres

A 10% Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.

TRACT 3: 121 +/- Acres - Sumner Co., KS

LEGAL DESCRIPTION: Part of the NE ¼ of 5-30-1E & Part of the NW ¼ of 5-30-1E

LOCATION: From Mulvane go west on K-53. Property is located at the southwest corner of 81 Hwy & W 119th St. S.

DESCRIPTION: 121 +/- acres to irrigation and dryland cultivation. There is a Zimmatic 7 tower irrigation system with drop nozzles and a 6 cylinder JD diesel motor with amarillo gear head. Soils are 84% Class 2 & 16% Class 3.. FSA states 122.08 acres Farmland with 116.42 acres to cultivation. Blacktop frontage and electricity is available.

WATER RIGHTS: #40199 priority date 1-30-1991, #43919 priority date 11-16-1999, Authorized Acre Feet 151.2, Well Depth 55’, Static Water level 12’. Water production is suspended until January 1, 2028.

Class 2 soils include: Nalim loam
Class 3 soils include: Waurika silt loam

MINERAL RIGHTS: Seller’s mineral interest will pass to the Buyer.

TAXES: 2022 Taxes: Tract 3 $3,412.28. Taxes will be prorated to the date of closing.

POSSESSION: Possession will be upon closing. Seller reserves all 2023 crops.

TERMS: Earnest money required and shall be paid the day of the auction. Tract 1: $30,000.00; Tract 2: $100,000.00; Tract 3: $20,000.00 with the balance due on or before January 10, 2024. The property is selling in “as is” condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer's responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of title insurance and the closing fee. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Statements made the day of the auction take precedence over all printed advertising and previously made oral statements. Gene Francis & Associates and Gavel Roads are agents of the Seller.

No donations for this lot

This auction is a Multi-Parcel Auction. Tracts can be bid on individually, in combination, or all tracts together. The combination with the highest total dollar amount at the end of the auction will be deemed the winning bid. Combination bids will only be allowed after bids on all individual tracts have been made. To bid, click on the tract or tracts on the map above or list below you want to bid on and enter your bid or click "Request Bid" and click "Place Bid". If you have any questions call Tyler Francis at 316-734-7342.

Earnest money required and shall be paid the day of the auction. Tract 1: $30,000.00; Tract 2: $100,000.00; Tract 3: $20,000.00 with the balance due on or before January 10, 2024. The property is selling in “as is” condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer's responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of title insurance and the closing fee. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Statements made the day of the auction take precedence over all printed advertising and previously made oral statements. Gene Francis & Associates and Gavel Roads are agents of the Seller.

This auction is a Multi-Parcel Auction. Tracts can be bid on individually, in combination, or all tracts together. The combination with the highest total dollar amount at the end of the auction will be deemed the winning bid. Combination bids will only be allowed after bids on all individual tracts have been made. To bid, click on the tract or tracts on the map above or list below you want to bid on and enter your bid or click "Request Bid" and click "Place Bid". If you have any questions call Tyler Francis at 316-734-7342.

Kansas
United States