156.97+/- Acres Sedgwick County Land
Selling On Our
UNRESERVED ONLINE AUCTION
Thursday, August 15th at 11:00 AM
Bidding opens August 1, 2019, and ends August 15, 2019, at 11:00 AM
NO BUYERS PREMIUM
General Description: Add this great piece of cropland to your farm operation. It has easy access and is close to markets. It’s nearly flat 0-3% slopes with Nalim and Blanket silt loams. It’s currently in grasses and forbs as it hasn’t been farmed in recent years. It can be cultivated or fenced and grazed. It has a ‘Conservation Easement’ in place by the ‘Sunflower Land Trust’ intended to preserve the ability of the property to be agriculturally productive, including farming and ranching activities. (Feedlot operations, commercial hog operations, poultry enterprises, and breeding, rearing and keeping exotic animals is prohibited). The land can never be hunted. Trees must be preserved. With these few exceptions, it can be farmed like any other Kansas farmland. One 3-acre homesite can be built on the property, if desired. Read the ‘Conservation Easement’ on the website for a full explanation. The land is sold ‘as is” and ‘is’ a high-quality piece of land.
The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. Real Estate Agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Viola Community Building
100 N Grice Street (Hwy 49)
Viola, KS 67149
BigIron Realty Agents will be at the Viola Community Building, in Viola, Kansas, on Wednesday, August 14, 2019, from 1:00 pm to 5:00 pm; and Thursday, August 15, 2019, from 8:00 am until the conclusion of the online auction. Please come during the times scheduled to discuss the farm. BigIron Realty Representatives will be there to assist buyers with registering to bid online. You do not have to be present to bid online, but you are required to be available by phone.
BIDDING PROCESS: You may place bids on this farm for 14 days beginning August 1, 2019, and ending August 15, 2019, at 11:00 a.m. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.
Legal Description: The NW ¼ of Section 8-29-2W Sedgwick County, KS, containing 156.97+/- acres.
Land Location: From Clonmel, KS, 1 mile Southwest on Hwy 42 to road S. 199th St. W then turn south a quarter mile to road W 79th St. South, or from Clearwater, KS, go 2 ½ miles north on S 135th St. West, then go 3 miles west on W 79th St. South. The land is at the intersection of roads S 199th St. W and W 79th St. South. The land is on the south side of road W. 79th St. South. Watch for yellow BigIron Realty signs.
2018 Taxes: $1,598.02
Mineral & Water Rights: Will pass with the land to the Buyer
Conservation Easement: Visit website to read
Owner: Frontier Farm Credit
Mike Campbell 620-899-6989, Mark Stock 402-276-2077, John Buhl 402-649-3750
Terms: Seller (Frontier Farm Credit) reserves the right to accept a matching cash offer on the property from the previous owner at the high bid price with all other terms being the same as outlined herein. Immediately following the auction, the successful buyer will be contacted by Real Estate Agent. The successful buyer will be required to enter into a written purchase agreement with a 10% nonrefundable down payment the day of the auction. The balance will be due at closing on or before September 16, 2019. Full possession will be granted to the buyer on the date of closing. Seller will provide marketable title to the buyer evidenced by a policy of title insurance. Property will be sold with clear title subject to easements and restrictions of record. Cost of title insurance and escrow closing costs will be divided equally between seller and buyer. The 2018 real estate taxes will be paid by seller and the 2019 taxes will be prorated to day of closing. Property will not be sold subject to financing. Please have all financial arrangements made prior to the auction. All announcements posted or updated online at bigironrealty.com or in the written purchase agreement will take precedence over anything written or implied. BigIron Realty is working for the seller.