704 +/- Acres Osborne County Land Auction

Description

Land Auction:  Heirs of Claude & Wendell Woodard- Sellers

Tuesday, October 26, @ 6:00 P.M. -Veterans Building, Osborne, KS

704 +/- Acres Osborne County Kansas Land

Tract 1: A portion of land in Sections 22&27, T08, R14W, ESTIMATED ACRES 347+/-, LESS R/W

• 297.9+/- Acres Cropland & 48.1+/- Acres Native Grass
• Seller’s Interest in Mineral Rights Transfer with Sale
• 2020 Property Taxes = TBD as a % of Total Property Tax

Tract 2: A portion of land in Sections 22&27, T08, R14W, ESTIMATED ACRES 357+/-, LESS R/W

• 357+/- Acres Native Grass Pasture
• Sellers Mineral Rights Interest Transfer with Sale of Property
• Sellers Interest in Existing Well Transfer with Sale on Tract 2 – 1/8 interest (Landowner share)
• 2020 Property Taxes = TBD as a % of Total Property Tax

IF LAND SELLS IN 2 TRACTS TO DIFFERENT BUYERS A SURVEY WILL BE COMPLETED AND LEGALS WILL BE PROVIDED PRIOR TO CLOSING FOR EACH TRACT. BUYERS WILL SHARE EQUALLY IN THE COST OF THE SURVEY ESTIMATED TO BE $3600 TOTAL AND WILL INCLUDE A BOUNDARY SURVEY, LEGAL DESCRIPTION FOR EACH TRACT, AND CADD DRAWING OF TRACTS. SURVEY CONDUCTED BY SMH CONSULTANTS.

Tract 3: Combination of Tracts 1 & 2 offered as 1 tract:

S22, T08, R14W, ACRES 455.88, W2E2 & SW4 & S2NW4 & NE4NW4 LESS R/W AND S27, T08, R14W, ACRES 248.65,W2-NE4 & NW4 LESS R/W

2020 Property Taxes for Entire Property:  $6,145.00

Order of Sale:
1. Tracts 1 & 2 will be auctioned separately with the high bid held on each tract.
2. Held bids for Tracts 1 & 2 will be combined and $10,000.00 added as the starting bid for the combination of Tracts 1 & 2 to be auctioned as a Tract 3.
3. If there is a bid placed for Tract 3, upon that bidding reaching it’s highest amount…a negotiation will take place between high bidders on Tracts 1 & 2 and high bidder on Tracts 3. Property will sell to the highest bid or combination of bids.

Auction Location: Veterans Building, 123 W Main St Osborne, KS  67473

Property Location: Property is located approximately 17 miles south and west of Osborne, KS.  Property is located on the northwest from intersection of South 200th Avenue and West 165th Drive. If driving north on South 200th Ave from that intersection the property is located on the west side for approximately 1.5 miles. If driving west on West 165 Drive from that intersection the property is located on the north side for approximately .75 miles. (View interactive map below for property location or view and print aerials in the “attachments” section located near the bottom of this listing.)

Terms & Possession: 10% down day of the sale, balance due at closing on or before Tuesday, November 30, 2021. Buyer to take possession at closing. Sellers to pay 2020 taxes buyer to pay 2021 taxes. Title insurance, escrow and closing costs to be split equally between buyer and seller. Property to be sold as-is, where-is. All inspections should be made prior to the day of the sale. Seller’s interest in mineral rights & proceeds to transfer with the sale as described. This is a cash sale and is not subject to financing, have financing arrangements made prior to the auction. Midwest Land and Home is acting as a Seller’s Agent and represents the seller’s interest. All information has come from reliable sources; however, potential buyers are encouraged to verify all information independently. Seller expressly disclaims any liability for errors, omissions, or changes regarding any information provided for these sales. Potential purchasers are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the seller or their agents. Statements made the day of sale take precedence over all other printed materials.
Gregory Abstract & Title, Inc will act as escrow, title & closing agent. Announcements made the day of sale will take precedence over all other information.

Jeff Dankenbring- Listing Broker – Cell: 785.562.8386
Email: Jeff@MidwestLandandHome.com

****ONLINE BIDDING REQUIRES PRE-REGISTRATION – REGISTRATION MUST BE COMPLETED NO LATER THEN 12:00 P.M. FRIDAY, October 22nd (You will be required to fill out and “Addition Online/Phone/Proxy Bidder Agreement” that includes financial references.) This form may be found below in the attachments section.  Please DO NOT delay in getting registered.

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