0 87th & 159th Derby, KS 67037

Listing details for 0 87th & 159th, Derby, KS 67037 : LIVE & ONLINE REAL ESTATE AUCTION CONDUCTED OFFSITE AT 321 W. MARKET ST., DERBY, KS 67037 ON WEDNESDAY, MAY 29TH, 2019 AT 12 PM. CLEAR TITLE AT CLOSING, NO BACK TAXES, PREVIEW AVAILABLE. NO MINIMUM, NO RESERVE!!! Opportunity to purchase 79+/- acres of agricultural land with development potential! This property is located on the NW corner of 87th & 159th - only 7 miles east of Derby. The property is zoned Rural Residential. Oil, gas, and mineral rights transfer to buyer. The land is currently leased by a tenant farmer for an annual cash rent of $1,850. The total rent amount was paid up front and will be pro-rated at closing. The tenant farmer planted hay which will be harvested in July or August, and corn which will be harvested in September – crops do not transfer. The lease expires September 30, 2019 and the new owner can take possession no later than October 1, 2019. Rural Water connections may be available. It will be the responsibility of the buyer to comply with any requirements imposed by the Rural Water District Sedgwick County #3 to service to the property. Don’t miss out on this fantastic opportunity! DISCLOSURES Crops do not transfer with property. | The land is currently leased by a tenant farmer for an annual cash rent of $1,850. The total rent amount was paid up front and will be pro-rated at closing. The tenant farmer planted hay which will be harvested in July or August, and corn which will be harvested in September – crops do not transfer. The lease expires September 30, 2019 and the new owner can take possession no later than October 1, 2019. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $30,000.