W Silver Lake Rd, Arlington, KS 67514 - Reno County

DESCRIPTION: Quality cropland located in South Central Reno County, KS. This property consists of approximately 77+/- acres of dryland cultivation. Soils are Class 2 Ost loam with 0-1% slopes and level topography. Electricity is available with gravel road access. The property is located 2 miles east of Hwy 11 and is 10 minutes from Pretty Prairie, KS, 15 minutes from Arlington, KS, and 25 minutes from Hutchinson, KS.

LEGAL DESCRIPTION: W/2 S/2 SW/4 & E/2 S/2 SW/4 12-26-8W, Reno County, Kansas (complete legal in title insurance commitment).

DIRECTIONS: Located 7 miles west and 1 mile north of Pretty Prairie, KS at Fairview and Silverlake Rd.

ONLINE BIDDING: In addition to the live auction, bidding will be available online during the live auction at Gavel Roads. The live auction will be live streamed so online bidders can watch the live auction while bidding online. All online activity will be shown during the live auction.

POSSESSION: Buyer will obtain possession at closing.

TAXES: 2022 taxes - $892.64. Taxes will be prorated to the date of closing.

MINERALS: 100% of the owners stake of the minerals will pass to the buyer.

TERMS: Approval of the transaction will be subject to U.S. Bankruptcy Court approval. $10,000 down as earnest money due day of auction to be held by Security 1st with the balance due on or before November 17, 2023. The Buyer and Seller shall split equally in the cost of title insurance and the closing fee. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Bidders are urged to inspect the property to their satisfaction before the auction. Statements made the day of the auction take precedence over all printed advertising and previously made oral statements. Property sells in as is condition.

Farm & Home Realty and Gene Francis & Associates are agents of the Seller. The property is being sold in conjunction with Gavel Roads Online Auctions.