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L2 Realty, Inc is proud to present 142 +/- Acres in Wilson County for sale via online and in live Auction. The terms of the auction are listed below.
The parcel will sell as 5 lots. Lot 1: 74 +/- Acres Lot 2: 50 +/- Acres Lot 3: 18 +/- Acres Lot 4: Combination of lots 2 and 4 Lot 5: Combination of lots 1,2, and 3.
Lot 1: The first lot is approximately 74 acres and it is located on the West side of Udall Road. The Southern Boundary to this tract is Highway 47. The owner will be retianing his house and a few acres around it the exact acreage will be determined by a staked boundary survey. This lot has a procuding gas well manage by River Rock that and the mineral rights will transfer to the new owner. 69 +/- of the acres are currently in agricultural production. It is currently fallow and the buyer can take possession upon closing and plant a spring crop on it. There is a small pond in the center of the property.
Lot 2: The second lot is located on the East side of Udall road and features Highway 47 frontage along the Southern boundary. This parcel Is 50 +/- acres and 48 +/- of those acres are currently planted to wheat. The seller is the farmer and will harvest the wheat crop this summer. At that time the buyer will be able to take over farming operations. Class 2 soil, Woodson Silt Loam, encompasses a large portion of the tillable soil on this parcel. Other than the water way that runs East/West along toward the Southern end of the farm, it is all production!
Lot 3: The third lot is comprised of 18 +/- acres and is very diverse. There are two small hay meadows on it and the soil is a class 3. It would be farmed, put into food plots, let grow wild for wildlife habitat, or continue on with the hay production. The property has two distinct water features. The first being a pond that is surrunding by trees and brush. Ducks flew off of the pond while I scouted the property. It feels like ducks would frequent the pond and there are a lot of birds that fly over this area. The second water feature is a big creek in the Northeast corner of the farm. The creek makes a bend and has a nice size pocket of water on the property. The terrian is sloping in one spot and would allow a side by side or 4 wheeler to be drove down to the creek. Other spots or more of a small bluff. The deer trails coming out of the thick cover to the North and East are very impressive. The deer are traveling to the agricultural production South of this property. It has a perfect location in between big cover and food.
Lot 4: This offering is a combination of lots 2 and 3. The opening bid will be the combined high bids from Lots 2 and 3.
Lot 5: This offering is the entire farm. A combination of lots 1, 2, and 3. The starting bid will be either the combined high bids of lots 1,2, and 3 or the combined bid of lots 1 and 4, whichever is higher.
For more information reach out to Matt Wonser 620-330-7282 or mwonser@L2realtyinc.com.
ONLINE & LIVE.Online bidding will open at 10:00 am on March 4, 2024 and the live auction will begin at 6:00 pm on March 7, 2024 at America's Best Value Inn located in Fredonia, KS. Bidding will be conducted via online, by phone, or in person. Download our app “L2 Realty Auctions” or go to https://l2realtyinc.bidwrangler.com/ui to keep up and place bids. The auction will conclude upon closing of the live bidding.
There will be a 10% buyers premium added to the high bid to determine the contract price. Closing fee and title insurance fee will be split 50/50 between seller and buyer.
The property is selling subject to a reserve.
Bids submitted shall be “firm bids” available for sellers acceptance and without contingencies. Interested buyers need to view the property prior to the date of the auction and have financing approval along with any inspections performed prior to bidding.
Final sales price will be calculated by the surveyed acreage times the final bid. Staked boundary survey to be completed prior to the auction date.
Upon acceptance of a bid by seller, the real estate contract will be provided by the seller’s agent to the successful bidder promptly, and the termed contract shall be executed by the successful bidder and tendered to seller’s agent within 24 hours of the close of the auction. The earnest deposit in the amount of 10% of the final sale price will be tendered to Wilson County Title within five (5) days of notification and acceptance. Remaining balance due at the time of closing.
Closing of the sale bid purchase will be conducted on or before April 9, 2024 at which time the seller shall deliver possession.
Selling subject to easements, restrictions, roadways and rights of way. Preliminary title work included.
Boundary property lines pictured are approximated for reference only. Boundary lines will be determined by stake boundary survey. There will be no guarantee on any fence or property lines as the selling is of the legal description only.
Property is selling “as is” condition and is accepted by the buyer without any expressed or implied warranties.
All terms announced the day of the auction take precedence over any other advertising.
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