Auction Information
(Sedgwick County) ABSOLUTE 61.2 +/- Acres
ONLINE ONLY!!! NO MINIMUM, NO RESERVE!!!61.2 +/- acres in Sedgwick, Kansas!
Zoned Rural Residential
Approximately 75% is tillablewith 14% grass/pasture
Pond
Fencing
Multiple outbuildings/lean-tos for livestock, hay, or equipment
Potential homesitedevelopment
Less than a 30-minute drive to Wichita
Halstead School District
Property offered at ONLINE ONLY auction.| 10% Buyer's Premium will be added to the final bid.|BIDDING OPENS: Tuesday, August17th, 2021at 2:00 PM (cst)|BIDDING CLOSES: Thursday, August26th, 2021 at 2:05 PM) (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. The well by structures was used years ago to water livestock but not sure of the current working condition.
Land is farmed by a tenant farmer under an unwritten lease with a crop share rental arrangement (1/3 to landlord, 2...
Land is farmed by a tenant farmer under an unwritten lease with a crop share rental arrangement (1/3 to landlord, 2/3 to farmer). Current stand of corn will be removed prior to closing. Farmer then intends to plant winter wheat. All mineral and water rights will transfer to the buyer.
By the Acre: Definition of 'selling by the acre': A method of sale often used for agricultural or undeveloped acreage in which bids are made based on a per acre price. By way of example, if a 160 acre parcel was
offered by the acre the high bid may be $5,000 an acre. That amount would then be multiplied times the total acreage to arrive at a total sales price of $800,000.
Directions
(Sedgwick) The Northeast corner of W. 117th St. N. & 135th St. W.