Description
*SOLD*
Auction Details:
10 am, Saturday, April 9, 2016
Garnett Inn Suites & RV Park
109 Prairie Plaza Pkwy, Garnett, KS 66032
Seller: Manners & Nesbit Farms LLC
Land Location: Begin on US-169 Hwy heading South out of Garnett, KS. Drive approximately 1/2 mile till you come to the roundabout in the road for the Jct of US-169, Hwy 31, and Hwy 59 South. Directly West of this roundabout is the Northeast corner of the property.
2015 Anderson County Taxes: $2742.30
Permanent Easement: Railroad Easement, There is a rails to trails through the property on the west side of Hwy 59. between racts 1 and 2
Mineral Rights: The sellers are selling 51% of their interest. There is currently no production.
TRACT 1: This tract is all the land east of the RR right of way and west of the hwy minus an approximate 6 acre tract for the home. This tract is about 52 acres of nearly level cropland and 9 acres of trees. It lays on both sides of tract 3 (home place).
TRACT 2: This tract is all that land lying west of the RR tracks and east of NW Montana Rd. This property has approxi-mately 192 acres with two small fields of approximately 35 acres between them. These interior fields have excellent soil types for crop production.
TRACT 3: Four bedroom, single bath, older farmstyle home with barn. This home and small acreage would make a great family home or weekend get-away. Shown by appointment or come to our open house (24707 N HWY 169, Garnett, KS 66032).
TRACT 4: Tracts 1, 2, and 3 combined.
TRACT 5: Tract 5 is approximately 76 acres lying between Hwy 59 and NE Nebraska Rd. This tract has a rocky bottom stream, mature trees, rocky bluffs, and approximately 11 acres of cropland.
Listing Agent’s Notes: The cropland on this farm is currently under a written lease till end of 2016. The home is currently rented on a month-to-month lease; and, there is a hunting lease which runs till the end of May 2016. This highly-wooded tract, rocky bottom stream, and high rock bluffs offer multiple areas to add value through recrea-tional endeavors. We will bid off tracts 1-3 and then combine the totals and ask for a bid on tract 4 (tracts 1-3) this property will sell whichever way produces the most return for the sellers. IF, a survey is needed, the buyers and the sellers will split the cost of the surveys 50/50. The potential is here, someone with vision will turn this property into a recreational oasis! Give me a call or come to our open house on March 26th from 9:00 am to 11:00 am.
Terms & Possession: 10% down day of the sale, balance due at closing on or before May 13, 2016. Seller to pay 2015 taxes, 2016 taxes will be prorated between the buyer and seller. Title insurance, escrow and closing costs to be split equally between buyer and seller. Possession on closing. This property to be sold as-is. All in-spections should be made prior to the day of the sale. This is a cash sale and will not be subject to financing, have your financing arrangements made prior to sale day. Midwest Land and Home is acting as a Seller’s Agent and represents the seller only. All information has come from reliable sources; however, potential bidders are encouraged to verify all information independently. Anderson County Abstract Co will act as escrow & closing agent. Announcements made the day of sale will take precedence over all other information.
