Tract 2: South 75± Acres - Gavel Roads Online Auctions
Tract 2: South 75± Acres
Lot Number:2
Completed
Bid Count:0
Winning Bidder:
Starting Bid:$100,000.00/Acre
Bid Increment:$10,000.00
Current Bid:$0.00/Acre x 75 Acres
75 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 2: This 75 ± acre property features 10 acres of alfalfa, 40 acres of cultivation currently planted to wheat, and 25 acres of fenced pasture with a single pond.

LEGAL DESCRIPTION
The Northeast Quarter (NE ¼) in 13-27-5W in Kingman Co., KS (full legal description to be described by Security 1st Title)

DESCRIPTION
This exceptional 156-acre property in Kingman County boasts a perfect blend of features, including a well-kept homestead, productive cultivation, fenced pasture, and several ponds. With abundant waterfowl opportunities, water, and electricity readily available, it's ideal for various uses, including potential homesites. Situated just a mile south of Cheney Lake, it benefits from the influx of new waterfowl in the area, making it a desirable destination for hunters and nature enthusiasts. The rolling topography adds a uniqueness to the landscape, while the presence of the old Eck fish farm adds character and potential for creative endeavors.

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

TAXES
2023 Taxes are $2,512.36. Security 1st Title will prorate taxes to the date of closing.

POSSESSION
Possession of the cultivation will be after the 2024 summer harvest. Possession of the alfalfa and pasture will be upon closing. Sellers will retain the 2024 summer wheat harvest. Possession of the homestead will be upon closing.

SOIL TYPES
73% Class 2 Shellabarger sandy loam, 1-6% slopes; 10% Class 3 Shellabarger sandy loam, 3-6% slopes, & 17% Class 6 Albion sandy loam, 6-15% slopes

TERMS
Earnest money required and shall be paid the day of the auction. Tract 1: $20,000; Tract 2: $20,000; Tract 3: $7,500, with the balance due on or before May 24, 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. If necessary, financing needs to be arranged and approved before the auction. Statements made on 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.

There are no bids for the lot at this time

No donations for this lot

NO BUYER'S PREMIUM. 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: $20,000; Tract 2: $20,000; Tract 3: $7,500, with the balance due on or before May 24, 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. If necessary, financing needs to be arranged and approved before the auction. Statements made on 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.

Gene Francis & Associates
12140 W K42 Hwy
Wichita, Kansas 67227
United States