Land

  January 08, 2025
  11:00 AM
Auction Location: 12140 W K 42 Hwy, Wichita, KS

LIVE AND ONLINE LAND AUCTION 218± Acres Sedgwick County, KS | Multi-Parcel | Wednesday, January 8th, 2025 at 11:00 AM

218± offered in two tracts +/-

Tract 1: 62.33± acres

Tract 2: 155.7± acres

Location

Tract 1: Part of the E ½ SW ¼ SEC 35-29-4W
From Viola, travel west on West 111th St S for 4 miles. Proceed South on South 327th St West for 1 mile to West 119th St S and go west for ½ mile to the tract which is on the NE corner of West 119th St S and Anness Rd.

Tract 2: Part of the SE ¼ SEC 35-29-4W
From Viola, travel west on West 111th St S for 4 miles. Proceed South on South 327th St West for ½ mile to the property.

Description

Here are two outstanding tracts of land located less than 25 miles southwest of Wichita. Crop production has had highs of 111 bu/acre of Milo, 49 bu/acre of soybeans, and 80 bu/acre of wheat.
Tract 1: 62.33± acres of level cultivation consisting of soil types Nilam loam, Tabler silty clay loam.
Tract 2: 155.7± acres of level cultivation. Soils are Nilam loam, Tabler silty clay loam and Bethany silt loam.

Mineral Rights

Seller’s mineral interests will pass to Buyer.

Water Rights

Taxes

Tract 1: $488.05 Tract 2: $1,370.37 Taxes will be prorated to the date of closing.

Possession

Upon Closing. Buyer to receive ⅓ of growing wheat. Buyer to pay ⅓ of fertilizer herbicide and crop insurance.

Terms

Earnest money required and shall be paid the day of auction with the balance due on or before February 10, 2025. Earnest money to be paid: $10,000 on Tract 1 and $25,000 on Tract 2. 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. Statements made the day of the auction take precedence over all printed advertising and previously made oral statements. Property sells in “as is” condition. Gene Francis & Associates is an agent of the Seller. Property is being sold in conjunction with Gavel Roads Online Auctions. Seller hereby notifies Buyer that Jason Gregory is related to the Seller and is a licensed Real Estate Agent in the State of Kansas.

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Questions, please call:

Gene Francis, Broker & Auctioneer, (316) 641-3120:  Jason Gregory, Insite Real Estate Group, (316) 303-2627