Arkansas City, KS 67005 - Cowley County

Auction Date: FRIDAY NOVEMBER 18, 2022 11:00 AM

Auction Location: NORTHWEST COMMUNITY CENTER, 615 W BIRCH AVE, ARKANSAS CITY, KS 67005

Buchele Farms LLC, Seller

These 3 contiguous land tracts will be sold choice tract by the acre, with the high bidder having the option to choose any or all 3 tracts. Plan to attend and take advantage of this opportunity to Invest In Land!

TRACT 1 OF 3: PROPERTY DESCRIPTION: 157+- acres located west of Arkansas City on US 166 HWY. This quarter section has approximately 104.59 acres of tillable farm ground, with the balance of the property being pasture, trees, and a pond. Blacktop US 166 HWY runs along the entire north boundary plus blacktop 11th Road makes up the west boundary.

LEGAL DESCRIPTION: NW/4 Section 32, Township 34 South, Range 3 East of the 6th PM, Cowley County, Kansas LESS AND EXCEPT an undivided one-half mineral interest.

2021 REAL ESTATE TAXES: $4754.72 (All 3 Tracts Combined)

POSSESSION: On all 3 tracts, possession will be July 1, 2023 on any portion of the property planted to wheat and March 1, 2023 on the pasture portion of the property.

AVAILABLE ON OUR WEBSITE: SOILS MAP, FSA MAP, FSA 156 EZ DOCUMENT, PRELIMINARY AUCTION REPORT, TRACT 1 REAL ESTATE PURCHASE CONTRACT

TERMS: Bidding will be by the acre. The successful high bidder shall be required to sign the real estate purchase contract linked above for each tract and be purchasing the property subject to the preliminary auction report also linked above. Non refundable earnest money is $35,000 down at the conclusion of the auction for each tract, and the balance shall be due upon Sellers submission of merchantable title and closing. Closing date shall be after January 5, 2023 and on or before February 6, 2023. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways and rights of way. This property is selling as is, not subject to financing, inspections, or appraisal. Interested buyers need to view the property prior to the date of the auction and have financing available and any inspections performed prior to bidding. Boundary lines, acreages, and fence lines are not guaranteed. All pertinent information is available upon request.