0 NE 40th Ave Parcel 1 Kingman, KS 67068

Listing details for 0 NE 40th Ave Parcel 1, Kingman, KS 67068 : Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, November 29th, 2022 at 2 PM (cst) | BIDDING CLOSING: Thursday, December 8th, 2022 at 2 PM (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! KINGMAN COUNTY LAND AUCTION!!! 157+/- acres of prime recreational property with a nice combination of native pasture, tillable land, wooded areas, ponds, and spring which boasts an abundance of wildlife. With proximity to Smoots Creek, tillable acreage surrounding and native pasture with trees throughout, this has proven over the years to be a highway for deer. If you have been looking for a hybrid piece of land to invest in and enjoy this is your chance. Right on paved road frontage and only 1 mile north of Highway 54 this parcel can be perfect for anyone. Also being offered at auction are two other neighboring parcels, giving you the ability to purchase up to 465+/- contiguous acres. Don’t miss your final opportunity to buy land this year! 157+/- acres (S24, T27, R07W, NW1/4) Ponds Wooded areas Spring Paved frontage 1 mile north of Highway 54 4 miles northeast of Kingman There is an existing cropland lease that is in effect. Possession of the pastureland to the buyer will be at closing. Possession of the tillable land will be after the wheat is harvested. The current agreement for the cropland is a 2/3RD, 1/3RD share with the landowner paying their share of fertilizer expense. This lease will pass to the new buyer.  Definition of 'selling by the acre': A method of sale often used for agricultural or undeveloped acreage in which bids are made based on a per acre price. By way of example, if a 160 acre parcel was offered “by the acre” the high bid may be $5,000 an acre. That amount would then be multiplied times the total acreage to arrive at a total sales price if $800,000. For the purposes of calculating the total sales price, the acreage will be rounded to the nearest whole acre. For example, a parcel with 158.7 acres would be offered as 159 acres. Definition of 'selling by the acre': A method of sale often used for agricultural or undeveloped acreage in which bids are made based on a per acre price. By way of example, if a 160 acre parcel was offered “by the acre” the high bid may be $5,000 an acre. That amount would then be multiplied times the total acreage to arrive at a total sales price if $800,000. For the purposes of calculating the total sales price, the acreage will be rounded to the nearest whole acre. For example, a parcel with 158.7 acres would be offered as 159 acres. These three parcels of land are selling with a collective reserve and the final bids are subject to seller confirmation. Accordingly, bidding will be conducted on all three parcels and upon the conclusion of bidding on the third parcel, the sellers will then decide whether they accept the final bids on all parcels. If you are the top bidder on any of the parcels and the sellers accept your bid, you will be sent a Contract for Purchase and Sale and will tender the nonrefundable earnest money. *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. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. 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 $20,000.