Auction Information
580 Acres in Wilson, KS
AUCTION LOCATION:
Dole-Specter Conference Center,
just off I-70 exit 184 at Russell, Kansas
LEGAL DESCRIPTIONS:
TRACT 1: 300 ACRES
TRACT 2: 280 ACRES
This land is located mostly in Sections 22-13-11 & 23-13-11
LAND LOCATION: From I-70 exit 206 at Wilson, Kansas, go 5.2 miles north to Shore Road, then 3 miles southwesterly to 203rd Blvd which is the SE corner of Tract 2. SIGNS WILL BE POSTED!!
MANNER OF SALE: This property will be offered as a MULTI-PARCEL auction in 2 individual tracts and in combination of tracts. It will be sold in the manner that produces the highest aggregate bid. There will be OPEN BIDDING on both tracts and combination of the tracts during the auction as determined by the auction company. Bids on both tracts and the total property may compete. Auction procedure and increments of bidding are at the discretion of the auction company.
TERMS: 10% down day of...
TERMS: 10% down day of sale, with the balance to be paid on or before December 14, 2012, or upon such terms as may be acceptable to the Seller. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. All funds will be held by the auction company in their trust account or by an identified title/escrow company. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Announcements made day of sale take precedence over printed material and previously made oral statements.
MINERAL RIGHTS: All of the Sellers interest will transfer to the Buyer(s) at closing.
CLOSING: Date of closing will be on or before December 14, 2012.
POSSESSION: Date of closing.
REAL ESTATE TAXES: Seller will pay taxes for 2011 and prior years. Taxes for 2012 will be prorated to the date of closing.
(2011 taxes: $570.48)
EVIDENCE OF TITLE: Seller will provide title insurance to the Buyer(s) in the amount of the purchase price with the premium to be paid one-half by the Buyer(s) and one-half by the Seller. Title evidence will be provided on sale day.
ACCEPTANCE OF BIDS: Each successful bidder will be required to enter into a real estate purchase contract immediately following the auction. Copies of the contracts will be available from the auction company prior to the sale.
ACREAGES: Acreage figures are considered to be approximate and are from reliable sources, based on (USDA) FSA figures. All FSA information is subject to change. FSA acres may not be the same as deeded acres. Acreages are not covered by title insurance.
INSPECTIONS: Each potential bidder is responsible for conducting their own independent inspections & due diligence concerning pertinent facts about the property. Neither Sellers or Farm & Ranch Realty, Inc., its agents or representatives, are making any warranties about the property, either expressed or implied.
EASEMENTS: This sale is subject to all rights-of-way and easements, whether recorded or not, and to oil and gas leases of record, if any.
AGENCY: Farm & Ranch Realty, Inc., its agents and representatives, are the Exclusive Agents of the Sellers.
AUCTIONEERS NOTE: This is SCENIC DEVELOPMENT LAND THAT OVERLOOKS WILSON LAKE from the south. This pasture offers views and location that are truly breathtaking!! The land is located midway between Salina and Hays, and is easily accessible from 15th Street Road. There are two windmills on the property and plenty of land above 1,582 elevation to build on. There is electricity to the southeast corner of the property.
This is excellent deer country. There is good fishing at the lake, along with the panoramic view of Wilson Lake from the high points of the property! This is MUST-SEE PROPERTY!!
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