232 Acres of Farmland & Pastureland in Southwest Johnson County, Kansas
Curt Marshall, Terry Zimmer & Brian Rose of United Country - Crossroads Auction & Realty of Salina, Kansas are offering at public auction 232 Acres of Tillable Farmland and Pasture in Johnson County, Kansas. This land is located 2.5-Miles northwest of the town of Edgerton in Southwest Johnson County, Kansas. Tract 1 of this land features 49 acres of farmland and 66 acres of pasture for a total of 115 acres. Tract 2 of this land features 75 acres of farmland and 42 acres of pasture for a total of 117 acres of land. The pasture land features mature wind belts with several ponds, of few of which have been dug out in recent years. All Seller owned Mineral Rights will be sold with each tract of land. There is a prior reservation of undivided 1/4 interest in oil, gas and minerals on Tract 2. This land is owned by Berdthil, LLC and will sell subject to the Tenant's Rights. Possession of the pastureland and farmland will be on March 1st, 2019. Each tract of land is allowed 1 house/residential dwelling unit per lot along with unlimited in size and number of barns/detached accessory structures, but building permits will need to still be issued for every structure. This property will sell subject to seller's confirmation.
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AUCTION Date Tuesday, December 4th, 2018 at 7 00pm Cst
Auction Location Edgerton City Hall at 404 E. Nelson St. in Edgerton, KS 66021
Seller Berdthil, Llc
Legal Addresses Tract 1 - Lot 2, Bernard Plat, a subdivision of land in the Northwest Quarter of Section 2, Township 15 South, Range 21 East, Johnson County, Kansas
Tract 2 - Lot 3, Bernard Plat, a subdivision of land in the Northeast Quarter of Section 2, Township 15 South, Range 21 East, Johnson County, Kansas
Fsa Bases / Yields Tract 1 - Wheat 19.2 Acre Base - 41 Bu/AC PLC Yield
Tract 1 - Corn 6.7 Acre Base - 79 Bu/AC PLC Yield
Tract 1 - Grain Sorghum 3.3 Acre Base - 67 Bu/AC PLC Yield
Tract 1 - Soybeans 15.5 Acre Base - 23 Bu/AC PLC Yield
Tract 2 - Wheat 44.2 Acre Base - 41 Bu/AC PLC Yield
Tract 2 - Corn 17.1 Acre Base - 79 Bu/AC PLC Yield
Tract 2 - Grain Sorghum 8.4 Acre Base - 67 Bu/AC PLC Yield
Tract 2 - Soybeans 47.1 Acre Base - 23 Bu/AC PLC Yield
TAXES 2018 Taxes were $3,001.12 this includes a 14.94 Acre Farmstead that the Seller is retaining Directions From the U.S. Highway 56 and Edgerton Rd. intersection on the northwest edge of the City of Edgerton, drive 1-Mile West. Turn West on 191st Rd. and travel 1.25-Miles until you see the Subject Property.
DEED Restriction ON Tract 1 No building, pole exceeding 6 feet above ground level, tower or structure of any size or description shall be located on Lot 2 Tract 1 within 300 feet of the outer common boundary line between Lot 1 and Lot 2 until January 1, 2040. This restriction runs with title to Lot 2 for the benefit and enforcement by the owner of title to Lot 1 in order for the continuation of open space in the 300 foot defined area of Lot 2 abutting Lot 1.
Terms And Conditions Of Sale Restrictions Subject only to 1 all City, County, and State laws, ordinances and regulations and 2 any easements, encumbrances, and restrictions applicable to the Property. Seller is placing no restrictions on the property.
UTILITIES United Country - Crossroads Auction & Realty, nor the seller guarantees the availability of utilities, public or private. This consists of but is not limited to wells, septic tanks, access to public utilities or any hookup fees therewith. Confirmation of utility availability is the bidder's sole responsibility.
EARNEST Deposit Earnest Money in the amount of 10 of the Purchase Price is due on Auction Day and upon signing the Purchase Contract. The deposit can be paid in the form of Personal or Business Check, Cash, Cashier Check. Your deposit is Non-Refundable.
TAXES Seller shall pay 2017 taxes and all prior years. 2018 taxes will be pro-rated to the date of closing.
TITLE/CLOSING Costs Seller and Buyer shall share equally in the cost of owner's title insurance and escrow closing. A Preliminary Title Policy has been prepared by Security 1st Title and will be updated with Buyer information prior to closing. Buyer is responsible for cost of lender's policy.
TITLE Evidence/Deed Seller will deliver to Buyer an insurable deed for the Property at time of closing, conveying clear and marketable title of surface rights to said Property, free of all encumbrances, liens and judgment, except for those lawful conveyances and restrictions that exist on record before the date of the auction, as noted in the title insurance commitment.
MINERALS Minerals are believed to be intact all Seller-owned minerals shall be conveyed to the Buyer at closing.
PROPERTY Sold As IS, Where IS, With All Faults Without Representation OR Warranty OF ANY Kind The real property shall be sold subject to conditions, restriction, right-of-way easements, and reservations if any, of record, filed and untitled mechanic's and material men's liens if any, and all other matters of record taking priority, subject to the rights if any, of tenants-in-possession, and further subject to all conditions announced at the safe and confirmation of the seller. Announcements made day of auction take precedence over previously printed material and oral statements.
FOR The Live Auction Bidders must present photo identification in order to obtain a Bidder's Number. The high bidder will execute a Contract for Sale of Real Estate and provide a binding deposit of 10 of the Purchase Price.
CLOSING Buyer must close sale of real property on or before Friday, January 4th, 2019. Time IS OF The Essence. The entire purchase price must be paid by Cashier/Certified check or wired funds at closing. No purchase is contingent on financing. Buyer is entitled to a deed for property upon full payment. Buyers should have all tests and inspections completed prior to the date of the auction. Only the Purchase Contract shall set forth Seller's obligations to the successful Bidder.
ADDITION OR Withdrawal From Sale Condition OF Sale All bids are subject to Seller approval and the tracts are being offered for sale with that reservation. The Auctioneer reserves the right to cancel the auction up to the time prior to the commencement of bidding. If a subsequent survey by the Buyer shows a greater or lesser number of acres or square footage this will not affect the purchase or purchase price.
AGENCY The Broker/Auctioneer is acting as agent for the Seller only. During bidding, the Auctioneer has the right to reject any raise that in his opinion is not commensurate with the property value. In the event of any dispute after the sale, United Country - Crossroads Auction & Realty's record of final sale shall be conclusive. All information and materials provided by Auctioneer is subject to inspection by all appropriate parties and the Auctioneer assumes no liability for its accuracy, errors, or omissions nor its agents, the Seller or its agents. Prospective bidders should independently verify any information being materially relied upon in making a purchasing decision.
LIQUIDATED Damages Buyer will forfeit all of their deposit if they cannot close within the stated time herein - and no written extension has been granted by the Seller. If such action occurs, United Country - Crossroads Auction & Realty, hereby has the right to disperse the deposit as stated in the listing agreement and the Buyer has no claims to such money or property being sold. Liquidated damages are to cover cost of auction, cost incurred by seller, labor cost, and additional cost of auction as not defined in this agreement. These liquidated damages do not restrict the seller from suing the Buyer for performance damages and/or any additional damages the seller suffers by the default of the Buyer.
ARBITRATION For disputes that are not resolved by the parties within 10 days after either party gives notice to the other of its desire to arbitrate the dispute, the dispute shall be settled by binding arbitration by the American Arbitration Association in accord with its then-prevailing rules. Judgment upon the arbitration award may be entered in any court having jurisdiction. The arbitrator shall have no power to change the provisions of this Agreement. The arbitrator shall consist of one arbitrator, who must be a real estate attorney actively engaged in the practice of law for at least the last five years.
BUYER'S Note Individual purchases are to be considered as singular transactions not contingent on the sale of other properties or tracts. United Country - Crossroads Auction & Realty reserves the right to offer the property in individual tracts, combination of tracts, as a whole or in any way that we see fit in order for it to bring the most money for the owner. The sale of combinations supersedes the sale of individual tracts. The decision of the Auctioneer is final. Seller and United Country - Crossroads Auction & Realty reserve the right to amend any terms and conditions prior to or during the auction.
BIDDER'S Duty TO Inspect All information published, announced, or contained herein was derived from sources believed to be correct however, it is not guaranteed by the seller, the auctioneers, or any other person or entity. Personal onsite inspection of all property by potential bidders is strongly recommended. All sales are subject to the conditions and terms contained herein. The failure of any bidder to inspect, or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer or deposit money after its opening tender. This includes but is not limited to public information such as easements, restrictions, zoning, rights-of way, or any other information that can be obtained as public record in the county courthouse or any municipal office concerning subject properties. Any and all announcements made from the auction stand take precedence over all other verbal, printed, announced, and/or distributed information. Please note that you are bidding to purchase the Property As Is, Where Is with no guarantee or warranty.
United Country - Crossroads Auction & Realty and its agents represent the Seller and their fiduciary duties of loyalty and faithfulness are owed to their client the Seller.
For A Full List Of Terms & Conditions, Please Download The Property Information Packet