Lot # : 1 - NW 1/4 28-13-8 Lincoln Co.

Live Webcast Auction
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Price Realized:
460,000.00 USD
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Price Realized 460,000.00 USD
Date Sold 2024-10-16T00:00:00
Ellsworth, KS 67439
Date(s)
10/2/2024 - 10/16/2024
AUCTIONEER INFORMATION
Catalog
Bidding Notice:

Online pre-bidding begins Wednesday, October 2, 2024, at 10:00 p.m. (CST). Live bidding begins Wednesday, October 16, 2024, at 2:00 p.m. (CST).

Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead NW 1/4 28-13-8 Lincoln Co.
Description
There are 167.91 farmland acres, with 99.90 crop acres, 71.63 pasture acres, 6.10 acres of building site with a 1 1/2 story older home of 1,435 sq. feet with 3 bedrooms and 1 bath, a stone barn, machine shed, granary, and chicken house.
Name Rathbun Land Sale
Auctioneer
Thummel Real Estate and Auction
Type Live Webcast Auction
Date(s) 10/2/2024 - 10/16/2024
Auction Date/Time Info
This is a live and online land auction. Registration and pre-bidding begin Wednesday, October 2, 2024. Live auction on Wednesday, October 16, 2024, begins at 2:00 p.m. (CST).
Preview Date/Time There are no set preview dates/times.
Checkout Date/Time Down payment arrangements will be made after the live auction if an online bidder is the winner.
Location
American Legion Post 174 645 E. 15th St.
Ellsworth, KS 67439
Buyer Premium 0% Buyers Premium
Description
NW 1/4 28-13-8 Lincoln Co. The farm is located on a gravel road 3 miles north of the I70 Ellsworth exit on 15th Road that turns into 150 Road. There are 167.91 farmland acres, with 99.90 crop acres, 71.63 pasture acres, and 6.10 acres of building site with a 11/2 story older home of 1,435 sq. feet that has 3 bedrooms and 1 bath, a stone barn, machine shed, granary and chicken house. There is a well, septic system, propane and REA.
BIDS: If there is a tie bid between a live and online bid, a live bid will take precedence over an online bid. TERMS: The buyer will pay 10% of the purchase price as a down payment the day of the auction. An online buyer will be required to make a wire transfer for the down payment which will include a $15 wire transfer fee. Payment is in US dollars. The balance will be due upon closing on or before December 2, 2024. Down payment will be escrowed with Land Home Title. Title insurance will be used. The cost will be split 50/50 between seller and purchaser. Escrow fees will be split 50/50 between seller and purchaser. Thummel Real Estate & Auction LLC is acting as seller agent. ALL STATEMENTS MADE DAY OF AUCTION TAKE PRECEDENCE OVER PRINTED MATERIAL. TAXES: Seller will pay 2024 taxes. Taxes in 2023 were $2,,624.58. POSSESSION: Possession on the pasture, buildings and open ground will be upon closing. Possession of 45 acres planted to wheat will be after the 2025 wheat harvest. The purchaser will receive cash rent of $50 per acre on the land planted to wheat. The purchaser will pay renter for chemical that has been applied to 20 acres of open ground.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 0% Buyers Premium
Payment Terms
There is no buyer's premium. Down payment is in U.S. dollars. Buyer will pay down payment through bank wire transfer including a $15 bank fee.
There is no shipping.
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