SW Arkansas Rd & Hwy 58 , Colony, KS 66015(Anderson County)

Tract 2 is a beautiful parcel of land totaling 72 acres more or less. It features productive cropland with upland soil varieties, two ponds and a heavily timbered draw bisecting it from north to south. According to FSA records, theres approximately 61 acres of cropland on this tract and the soil types consist mostly of good Class 2 Woodson silt loam. Ag producers will appreciate the pavement frontage and easy drives to multiple grain markets including our friends at LeRoy CO-OP and the ethanol facility at Garnett. Please be sure to look at the aerial and soil maps within the "Related Documents" section of this listing on our website.

There are multiple excellent potential building sites to choose from on this tract near the two ponds that are tucked into the hardwood timber. While both ponds are sizable, the north pond is the largest and appears to be the deepest. The location adjacent to Highway 58 with utilities nearby add to its attractiveness for those looking to build their forever home in the country but still wanting convenient commutes to the their jobs in Iola, Burlington or Garnett.

For more information or to setup a tour, please contact Cameron Roth at 785-917-0867.

Auction Details: This property is being offered via online auction that begins at 12:00 p.m. on 1/21/2025 and will close on 1/23/2025 with a dynamic closing beginning at 10:00 a.m. for Tract 1, 12:00 p.m. for Tract 2, 2:00 p.m. for Tract 3 and 4:00 p.m. for Tract 4.

Tract 2 is being offered both individually as well with the adjoining Tract 1 with the property selling in whichever format garners the most proceeds. We will take the high bid for Tract 1 and Tract 2 and total those numbers. We will then add a $10,000.00 escalator which is where the bidding for Tract 3 will begin.

Disclosure: Yellow boundary property lines in the pictures are approximated for reference only. Please refer to the aerial map provided by the Anderson County Appraiser's office in reference to property lines.

DYNAMIC CLOSING: If there are any bids within the last 3 minutes of the auction, the auction closing time will extend for 3 minutes. Please note, this will continue until there are no bids within the last 3 minutes and could extend the closing several times.

Driving Directions: From Colony, take Highway 58 for 6.5 miles to the intersection of Barton Rd. where the property begins on the south side of Highway 58.

Brief Legal Description: A tract containing 72 acres, more or less, in Section 1, Township 23 South, Range 17 East of the 6th P.M., Anderson County, Kansas.

Property Tax:Property taxes are estimated to be $894.

Earnest Money: $25,000.00 due on the day of sale.

Possession & Closing:Possession of the tillable portions shall be after the 2025 harvest of the currently growing wheat crop. The Buyer shall receive a prorated rent amount of $2,745.00 for the wheat crop.