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Online Bidding Auction! This land auction in Sumner County, KS offers a rare opportunity to acquire 77.2 +/- acres of productive cropland. Bidding ends Friday, October 25th @ 11:30am. With 76.66 +/- cropland acres dedicated to high-quality farming this is a prime investment for farmers or investors looking to expand their agricultural portfolio. The property features fertile soils, ensuring excellent yield potential, and is located in a highly desirable area of Sumner County with easy access. The land is currently leased on a verbal 1/3 & 2/3 crop share agreement and includes the seller's mineral rights, adding further value to the investment. FSA crop data reveals 72.20 base acres with 71.80 acres dedicated to wheat and 0.40 acres for grain sorghum, both with a PLC yield of 35. The legal description is Lot 1 and the Northeast of the Northwest less right-of-way in Section 7, Township 32 South, Range 03 West, Sumner County, Kansas. Property taxes for 2023 are $638.64. Soil maps and FSA information are available upon request. Don't miss out on this excellent opportunity to acquire productive land in a competitive agricultural region. 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 agreement and deposit 10% of the purchase price as earnest money within the specified time outlined in the agreement. No buyers premium. 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.
10/25/2024
Open
10/25/2024
11:30am
Real Estate Only
Online Only
Auction
ReeceNicholsAuctions.com
Subject to Seller Confirmation
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