Lot # : 2 - 77 Acres M/L Kingman County, KS

Live Webcast Auction
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Price Realized:
1,400.00 USD
Shipping Not Available
Price Realized 1,400.00 USD
Date Sold 2024-10-23T00:00:00
Kingman, KS 67068
Date(s)
9/30/2024 - 10/23/2024
AUCTIONEER INFORMATION
Catalog
Bidding Notice:

Bid live online. - Register to bid here https://floydsells.hibid.com or click on "More From This Seller" tab in the upper right hand corner of this window.

Auction Notice:

Internet Bidders will be required to provide a verification of funds or letter of credit by a reputable lender with contact information at the time of registration. If the property is purchased ONLINE, the Buyer acknowledges there will be a 2% Buyers Premium added to the contract price. (There is NO Buyers Premium for on-site Buyers.) Registration deadline is October 18, 2024 at 5:00 P.M. CST

Information
Lot # 2
Group - Category Real Estate - Ag / Farm Land
Lead 77 Acres M/L Kingman County, KS
Description
Selling : The East Half of the Northwest Quarter (E/2 NW/4) of Section Thirty-two (32), Township Twenty-seven (27) South, Range Eight (8) West of the 6th P.M., Kingman County, Kansas. "The West 80" – A prime investment property offering $2,261 annual CRP income, with contracts expiring in 2026 and 2027. Located between irrigation circles to the north and south, this 77 +/- acre tract serves as a natural wildlife corridor. The property’s scenic views create an ideal location for a homesite, combining the tranquility of country living with income-producing potential. Whether for recreation, investment, or building, this property offers diverse opportunities. (This tract will sell as 77 Acres x the final bid to establish a purchase price.)
Name 77 Acres M/L Kingman County, Kansas
Auctioneer
Floyd Auction & Real Estate LLC
Type Live Webcast Auction
Date(s) 9/30/2024 - 10/23/2024
Auction Date/Time Info
Internet Monday, September 30, 2024 5:00 P.M. CST LIVE/SIMULCAST Wednesday, October 23, 2024 10:00 A.M. CST
Preview Date/Time Monday, September 30, 2024 5:00 P.M. CST -Wednesday, October 23, 2024 9:00 A.M. CST
Checkout Date/Time Wednesday, October 23, 2024, 11:00 A.M. CST
Location
Kingman Expo Center 121 S. Main Street
Kingman, KS 67068
Buyer Premium 2% Buyer's Premium
Description
Selling : The East Half of the Northwest Quarter (E/2 NW/4) of Section Thirty-two (32), Township Twenty-seven (27) South, Range Eight (8) West of the 6th P.M., Kingman County, Kansas. "The West 80" – A prime investment property offering $2,261 annual CRP income, with contracts expiring in 2026 and 2027. Located between irrigation circles to the north and south, this 77 +/- acre tract serves as a natural wildlife corridor. The property’s scenic views create an ideal location for a homesite, combining the tranquility of country living with income-producing potential. Whether for recreation, investment, or building, this property offers diverse opportunities. (This tract will sell as 77 Acres x the final bid to establish a purchase price.) 2023 Taxes $103 (Estimated) Land Location: From Kingman, 3 1/2 miles west on HWY 54/400 to NW 50 Ave., north 1 mile to NW 10 St., west 1/2 mile to the property.
***REGISTRATION DEADLINE FOR ONLINE BIDDING IS FRIDAY, OCTOBER 18, 2024 AT 5:00 P.M. CST. INTERNET BIDDERS ARE REQUIRED TO PROVIDE A VERIFICATION OF FUNDS OR A LETTER OF CREDIT, BY A REPUTABLE LENDER WITH CONTACT INFORMATION TO OUR OFFICE AT THE TIME OF ONLINE REGISTRATION IN ORDER TO BE ELGIBLE TO BID. There will be No Buyer's Premium for on-site Buyers.*** Terms Tract 2: This tract will sell as 77 Acres x the final bid to establish a purchase price. The successful bidder will be required to sign a purchase contract and deposit 10% down in escrow with Security 1st Title the day of the sale with the balance due the day of closing. Closing shall be held on or before November 25, 2024.  Possession shall be on December 1, 2024. Property taxes shall be prorated to the date of closing.   Title insurance and escrow closing costs shall be shared 50% Buyer and 50% Seller.  Property sells AS-IS in its current condition with no warranties, either expressed or implied. This property sells subject to Seller confirmation. Sells Non Contingent on financing. Sells subject to any easements, leases and right of ways of record. Sells subject to current tenants rights. It is the Buyer’s responsibility to have all inspections completed prior to auction day. Floyd Auction and Real Estate LLC will make the property available at reasonable times to accommodate any inspections. The Seller believes it owns 100% of the minerals. All Seller’s minerals sell with the property. Buyer has had the opportunity to do it’s due diligence regarding FSA records. Buyer to receive the 2025 CRP payment in it’s entirety. Seller will honor the CRP contract through closing. Buyer agrees to accept and abide by all terms of the current CRP contracts in their entirety. Buyer has received all information and is bidding accordingly. Floyd Auction and Real Estate LLC and its Agents/Auctioneers are acting as Agents of the Seller. Any announcements made the day of sale will take precedence over printed materials.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 2% Buyer's Premium
Payment Terms
The successful bidder will be required to pay 10% down day of sale with the remaining balance due the day of closing. This property sells NON-CONTINGENT on financing.
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