SWc West 47th St S & S 119th St W Clearwater, KS 67026

Listing details for SWc West 47th St S & S 119th St W, Clearwater, KS 67026 : Online Auction! CROPLAND – OIL INCOME – INVESTMENT OPPORTUNITY. Rare opportunity to purchase 59.23± acres of highly productive cropland in Sedgwick County, Kansas, offered through online auction closing Friday, April 24th at 11:00 AM. Located at the southwest corner of S. 119th St. W. and W. 47th St. in Clearwater, this property consists of approximately 58.28± acres of tillable cropland. The cropland is primarily composed of Class I and Class II soils, including Elandco Silt Loam and Nalil Loam, offering excellent agricultural productivity and long-term investment value. The cropland is subject to current tenant rights. Details regarding the farm tenant are available upon request. The seller’s mineral interest will transfer with the property, including a full 1/8 royalty interest (0.125000 RI) under the Hoppe Farms lease, operated by Oil Producers, Inc. of Kansas, with production from the Mississippian System in the Schulte South Field. Cumulative production is approximately 41,413 barrels (1995–2025), and estimated 2025 net royalty income is approximately $2,341.26. 2024 property taxes are $289.21. FSA information is available upon request. The mineral rights information, production history, and income figures provided are believed to be accurate but are not guaranteed; buyers are required to conduct their own independent due diligence and place bids accordingly. This property offers an outstanding opportunity for farming, investment, or long-term land ownership in a desirable Sedgwick County location. Bidding is by the acre, take your bid amount times the total number of acres noted on the brochure, and then add the buyer premium to determine the total purchase price. Buyers are advised to thoroughly review the terms and details provided on the online bidding site, as any terms, comments, or announcements made there supersede any other advertised material. The property is being sold in its current "Where Is, As Is" condition, without any warranties. Sale is subject to seller confirmation with closing within 30 days. The successful bidder must immediately execute the provided auction purchase contract and deposit $30,000.00 as earnest money within the specified time outlined in the contract. Additionally, a 10% buyer’s premium will be added to the final bid price. This auction is conducted exclusively online, with a 2-minute bidding time extension. The auctioneer reserves the right to recess, adjust and/or extend the bidding time as they deem necessary. Furthermore, the auctioneer may, at their sole discretion, reject, disqualify, or refuse any bid. Broker forms, if any, are available on the bidding site. While all information is deemed reliable, buyers are encouraged to conduct their own due diligence. The sale is not contingent on financing, appraisal, or inspection, and the winning bidder must be available immediately post-auction. The property is sold subject to applicable Federal, State, and/or Local Government regulations, with all measurements and details approximate and non-binding. The auctioneer provides no warranties regarding the online bidding platform's performance and assumes no liability for any bidder-incurred damages during its use, including unacknowledged bids or errors. Bidders accept all risks associated with the platform and acknowledge that the auctioneer bears no responsibility for bid submission or acceptance errors or omissions. Auctions may be subject to selling prior to the auction date.