AUCTION - One-of-a-kind Build Site and Recreational Property Less Than an Hour from Wichita

Description

*ONLINE-ONLY AUCTION*

PROPERTY: One-of-a-kind Build Site and Recreational Property Less Than an Hour from Wichita

AUCTION DATE: 08/12/2024 8:00 AM - 08/15/2024 6:00 PM

AUCTION LOCATION: Online-Only

AUCTION LINK: https://l2realtyinc.bidwrangler.com/ui/auctions/124290/16541381

LEGAL DESCRIPTION: WINDING CREEK ADDITION, S01, T30, R05W, Lot 3 - 4, ACRES 26.6 

This one-of-a-kind building site with recreational opportunities is 26.6 acres of pure beauty northeast of Norwich, KS, right on the Kingman County/Sedgwick County/Sumner County lines. This extraordinary property offers a perfect blend of scenic landscapes, abundant wildlife, and convenient access to nearby cities. This property offers an ideal balance of manageable size and affordability, making it an excellent opportunity for many buyers.

As you enter the property, you'll be greeted by mature hardwood and cottonwood trees that provide both shade and privacy. A wet weather creek meanders through the land, enhancing the aesthetic view and offering a peaceful retreat. The recent addition of over 100 trees including persimmons, oaks, and pecan will add to the visual appeal but also support the wildlife as the trees mature years down the road. When people talk about raw land, this property paints the picture. There has been no grazing or haying and the native grasses are built up nicely supporting all types of game.  You’ll have the opportunity to enjoy deer, turkey, and quail hunting right on your property and other recreational activities. This farm's majority class 2 soils would make for a nice food plot or vegetable garden.

Located just 35 miles from Downtown Wichita, KS, this property perfectly balances rural tranquility and urban convenience. It's only 1 mile to Hwy 42, ensuring easy travel to nearby towns and amenities. Kingman, KS, is just 30 miles away, and Cheney Reservoir, a popular spot for fishing and water sports, is only 23 miles from the property.

Vacant land of this size and with this diversity less than an hour from Wichita are very hard to come by. To ensure the quality of the land for generations, this property does have a few insignificant covenants. To review these, schedule a showing, or to answer your questions contact the listing agent, Trevor Stoll. Don't miss out on this one and be prepared to bid come the auction date. See the full auction terms below.

Cell: (620) 960-4555

Key Features:

• Beautiful building site

• Mature trees

• Wet Weather Creek

• Deer, turkey, and quail hunting

• Affordable to many buyers

• 35 miles to Downtown Wichita, KS

• 30 miles to Kingman, KS

• 23 miles to Cheney Reservoir

• 3 miles to Norwich, KS

• 1 mile to Hwy 42

Auction Terms

ONLINE ONLY. Bidding will open at 8:00 AM on 08/12/2024 and close at 6:00 PM on 08/15/2024 once no additional bids have been placed for 3 minutes. Download our app “L2 Realty Auctions” or go to https://l2realtyinc.bidwrangler.com/ui to keep up and place bids.

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 by sellers confirmation.

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 26.6 (acreage amount) times the final bid plus buyer’s premium.

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 Security 1st 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 09/16/2024 at where time seller shall deliver possession to the buyer.    

Selling subject to easements, restrictions, roadways and rights of way. Preliminary title work included.

Property is selling as surface rights only. The sellers do not own the mineral rights.

Boundary property lines pictured are approximated for reference only. 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.