230 S Broadway St Wellington, KS 67152

Listing details for 230 S Broadway St, Wellington, KS 67152 : ON-SITE ABSOLUTE AUCTION; SATURDAY, OCTOBER 5, 2019 @ 10:00 AM AT 230 S BROADWAY RD, WELLINGTON, KS: Old homestead on 158+/- acres. This property has a well protected 2148 sf, 3BR 1BA 1½ story home built in 1926. The home is on a cellar and is on rural water, and with a septic system. It has an 80x70 shed w/loafing barn, milk barn and several other farm outbuildings along with catch pins and short lots. A small orchard is just south of the well protected home. All this leads to a 24+acre pasture with pond. This quarter section has approximately 119 tillable acres consisting of approximately 89% Class II & 10% Class I soils. This property has excellent location with quick access to I-35 and 160 HWY. It is in the Wellington school district. This is a great property to raise a family on the farm or add to your inventory of farm properties. Property is selling As-IS. Buyer is responsible for all inspections prior to auction. Full possession at closing on residence and pasture, and subject to tenant rights on tillable with full possession after harvest of 2019 soybean crop. Seller and tenant to retain all 2019 crops and FSA payments. Buyer is responsible for registering as new owner and future FSA programs. Seller is responsible for 2018 and prior years taxes. 2018 taxes were $1486.25 with no special taxes. Seller will credit Buyer $1200.00 at closing for the purpose of 2019 tax proration. Minerals are intact and will transfer to Buyer. Earnest money of $25,000 is non-refundable and purchase contract is not contingent on loan. Closing will be on or before November 5, 2019. Buyer and Seller to share title policy and closing costs equally. Buyer is responsible for all inspections and due diligence. Announcements made by the auctioneer during the time of the auction will take precedence over any previously printed or any other oral statements made. Successful winning bidder(s) will be required to sign all necessary legally binding purchase documents immediately upon conclusion of auction. All documents will be made available upon request, to prospective buyers prior to auction. If documents are not understood, broker recommends buyer to seek competent advice. All information deemed reliable, but not guaranteed. Buyer should confirm schools.