Online Only Auction
Click Main Image For Fullscreen Mode
Price Realized Not Uploaded
Shipping Not Available
Date(s)
4/16/2024 - 4/18/2024
AUCTIONEER INFORMATION
Bidding Notice:

Buyers are to review the Terms and Condtions of Sale prior to bidding. Buyers will need to submit a letter of credit or proof of funds from their bank before Registration will be approved. This information can be emailed to Cameron@VaughnRoth.com


Information
Lot # 1
Group - Category Real Estate - Ag / Farm Land
Lead 160 +/- Acres
Name Bahr Trust - Coffey County, KS - 160 +/- Acres - 4/18/24
Auctioneer
Type Online-Only Auction
Date(s) 4/16/2024 - 4/18/2024
Auction Date/Time Info
Starting at 12:00 p.m. on 4/16/24 with a dynamic closing to begin on 4/18/24 at 12:00 p.m.
Preview Date/Time 4/16-4/18/24
Checkout Date/Time 4/18/24
Location
Buyer Premium There's no buyer's premium
Description
Vaughn-Roth Land Brokers is proud to represent the Bahr Family on selling this 160 +/- acre tract of exceptionally well maintained native grass pasture that has been in the family for over 25 years. The property is located just a few miles SE of Gridley and a 1/2 mile north of the Woodson/Coffey County Line on Garner Rd which is near the eastern border of the Flint Hills. Beef producers who desire to expand their operation with high-quality will want to take a look at this offering. Cattle numbers are low and prices are high, and whether you are a cow-calf or stocker operator, this is an exceptional tract of native grass. It features ample water, good access via County roads, a robust stand of grass and 5-6 strand barbed wire fences rated adequate to good. This region has a tremendous reputation for the ability to put the lbs on cattle with it's resilient grass varieties, headlined by Big Bluestem, Indian and Switchgrass while tame grass varieties falter during the summer heat. This area of Eastern Kansas boasts annual average precipitation of 40 inches and in typical years, this is a well-watered tract between the pond and wet-weather draw that flows the length of this parcel from north to south. This real estate is being offered via online auction which will begin at 12 p.m. on April 16th, 2024 with a dynamic closing to start at 12:00 p.m. on April 18th, 2024. Please contact Terry Anderson at 620-364-6826 with any questions or to set up a tour. Legal Description: The NW 1/4 of Section 14, Township 23 South, Range 14 East of the 6th P.M., Coffey County, Kansas. 160 acres, more or less. Driving Directions from Gridley: Take Emmer Ln south to 4th Rd and turn east. Proceed 1.5 miles to Garner Rd and turn south. Proceed 2 miles and property begins on the east side. Minerals: The Seller's mineral interests transfer to the Buyer.Earnest Money: $20,000 due on the day of the auction. Taxes: 2023 property taxes were $594.40. Possession and Tenancy: Full possession shall be after expiration of the 2024 grazing lease that expires at 11:59 p.m. on July 7th, 2024. Seller is retaining the proceeds from said lease. Closing: On or before May 21st, 2024.
TERMS AND CONDITIONS OF SALE SELLER: Bahr Trust ACREAGE: Selling as 160 acres more or less. BRIEF LEGAL DESCRIPTION: The NW 1/4 of Section 14, Township 23 South, Range 14 East of the 6th P.M., Coffey County, Kansas. 160 acres, more or less. Including ROW. RESTRICTIONS: This real estate sells subject to (1) all County and State laws, ordinances, and regulations and (2) any easements, encumbrances, leases, and restrictions applicable to the property. EARNEST DEPOSIT: Earnest money in the amount of $20,000.00 payable to Coffey County Land Title is due on auction day and upon signing the purchase contract. The earnest deposit can be paid in the form of personal or business check, cashier's check, certified check or wire transfer. The Buyer's earnest deposit is non-refundable unless the Seller fails to close on this transaction due to the Seller's inability to deliver marketable title. MINERALS: The Seller's mineral interest shall transfer to the Buyer. POSSESSION: Full possession shall be after expiration of the 2024 grazing lease that expires at 11:59 p.m. on July 7th, 2024. Seller is retaining the proceeds from said lease. TAXES: Property taxes will be pro-rated to the date of closing. Taxes for any previous years are to be paid by the Seller. 2023 property taxes were $594.40. TITLE/CLOSING COSTS: Seller and Buyer shall share equally in the cost of owner's title insurance and escrow closing fee. A preliminary title policy has been prepared by Coffey County Land Title and will be updated with Buyer information prior to closing. Buyer is responsible for cost of any 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 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. PROPERTY SOLD "AS IS, WHERE IS, WITH ALL FAULTS" WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND: This real property shall be sold subject to conditions, restrictions, right-of-way easements, and reservations, if any, of record, filed and untitled mechanic's and material liens. CLOSING: Buyer must close the transaction for this real estate on or before May 21st, 2024. The balance of the purchase price must be paid by cashier's check or wired funds at closing. The purchase is not contingent on financing. AGENCY: The Broker/Auctioneer is acting as Agent for the Seller only. All information and materials provided by the Broker is subject to inspection by all interested parties. Prospective bidders should independently verify any information being relied upon in making a purchasing decision. LIQUIDATED DAMAGES: Buyer will forfeit all of their earnest deposit if they cannot close within the stated time herein and no written extension has been granted by the Seller. If such actions occur, Coffey County Land Title hereby has the right to disperse the earnest deposit as determined by Vaughn-Roth Land Brokers and the Buyer has no claims to such money or property being sold. If the Sellers default on this transaction due to inability to deliver marketable title, the earnest money will be returned to the Buyer in full. 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 Broker or any other person or entity. Personal 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 at the time of auction take precedence over all other verbal, printed, announced, and/or distributed information. Please note that you are bidding to purchase the property as is. CONTRACT: Vaughn-Roth Land Brokers requires that the winning bidder close on this transaction prior to assigning the property to another party. There will not be any division of the property, writing of multiple contracts or requirement of more than one closing related to this transaction. BIDDING: Will be by the total dollar amount. CONTINGENCIES: This real estate is selling as-is and is not contingent upon inspections, appraisals, approval of financing or any other requirements by any entity. If the Buyer fails to close on this transaction, the earnest money due on auction day shall not be refunded unless the Seller cannot deliver marketable title. BIDDING REGISTRATION AND APPROVAL: To register, visit VaughnRoth.com and click on this listing where you will find a "Register To Bid" tab. Once you submit your request for registration, you must contact Cameron Roth at 785-917-0867 and provide proof of funds or a letter of credit prior to being approved.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium There's no buyer's premium
Payment Terms
EARNEST DEPOSIT: Earnest money in the amount of $20,000.00 payable to Coffey County Land Title is due within 48 hours of the end of the auction. The earnest deposit can be paid in the form of a personal check, business check, cashier's check, certified check or wired to the title company. Contact Broker for wiring instructions. The earnest deposit is non-refundable unless the Seller fails to close on this transaction. Successful Bidders not executing and returning their contract with Earnest Deposit within 48 hours of the conclusion of the auction will be considered in default. If your closing is delayed for any reason, by you, as Buyer, or other parties working on your behalf, including any lender you involve, you may be declared in breach of this contract, forfeit all deposits made, and could be additionally liable for any and all cost incurred by the Seller and Vaughn-Roth Land Brokers in a subsequent resale of the property. 2023 TAXES will be pro-rated to the date of closing. Taxes for any previous years are to be paid by the Seller. 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 Coffey County Land Title and will be updated with Buyer information prior to closing. Buyer is responsible for the cost of a lender's policy if required. CLOSING: Buyer must close sale of this real estate on or before May 21st, 2024 unless otherwise agreed to by all parties subject to the purchase contract. The balance of the purchase price must be paid by certified check or wired funds at closing. This purchase is not contingent on financing.
N/A
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.