*Online pre-bidding will begin Tuesday, February 22, 2022 at 10:00 AM.*

Live auction will begin Tuesday, March 1, 2022 at 10:00 AM.

There is NO Buyer's Premium.

The live auction will be held at the following:
Pratt 4-H Building
81 Lake Rd
Pratt, KS

Online bidding is available throughout the auction.

LOCATION:
Go 12 miles north from the Junction of 54 Hwy & 281 Hwy at Pratt. Go east on NE 120 St (Pratt/Stafford Co. line) for 2 miles. Property lays to the south.

DESCRIPTION:
Tractor Lake is an outstanding recreational property known for its incredible wildlife including waterfowl, deer, quail, and pheasant. It has it all, water, big trees, big grass, and only 10 minutes from the Pratt Airport. 102 acres are under a 2012 Valley irrigation pivot with a John Deere diesel motor. Tractor Lake marshes are approximately 40 acres. Water rights on the irrigation pivot are 113-acre feet. Water rights for waterfowl are 147-acre feet. The remaining acreage is heavy trees and pasture. There is a getaway cabin with 1 bedroom, 1 bath, kitchen, and living room all with tile flooring and vinyl siding. There is also a 14’ x 20’ open faced corrugated tin shed with a concrete floor. Electricity, water, and propane are available.

MINERAL RIGHTS:
All of Seller's mineral interest will pass to the Buyer.

WATER RIGHTS:
Water rights on the irrigation pivot are 113-acre feet. Water rights for waterfowl are 147-acre feet.

TAXES:
2021 - $5,828.17 prorated to closing.

POSSESSION:
Possession of property upon closing except for cultivation which will be upon wheat harvest. Current tenant agreement is an 80/20 crop share split. Buyer will receive 20% of the wheat crop and pay no expense except for property taxes.

TERMS:
Live Location: Pratt Co. 4-H Building - 81 Lake Rd, Pratt, KS
Live with Online Bidding (Simulcast) at gavelroads.com
Open House: Saturday, February 12th, 1 PM - 3 PM

$100,000 down as earnest money due the day of the auction with the balance due on or before March 31, 2022. Property is selling “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 the 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 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.

March 1, 2022 Phillips/Ward Pratt & Kingman Co KS (3) Tracts Live & Online (Simulcast) Land Auction