Harvey County Tillable Auction near Newton

Description

*LIVE AND ONLINE AUCTION*

PROPERTY: 117.4 +/- Acres in Harvey County, Kansas near Newton

AUCTION DATE: November 14^th, 2024 at 6 PM Central

AUCTION LOCATION: Sand Creek Event Center at 1601 S Anderson Ave, Newton, KS 67114

On behalf of the Diana L Dunkelberger Trust, L2 Realty introduces an exceptional opportunity to invest in tillable cropland in Harvey County, Kansas. Near the Newton and Halstead communities, this highly productive tract of land consists of approximately 117.4 +/- total acres. This auction presents an excellent land investment opportunity in a highly sought after neighborhood south of Newton, Kansas!

Soils on the tract include 51% Class 2 Smolan silty clay loam, 25% Class 2 Ladysmith silty clay loam, and 22% Class 2 Geary silt loam. The remaining acreage is Class 2 Hobbs silt loam along the east side of the waterway. Commonly grown crops include corn, soybeans, milo, and wheat. FSA has roughly 113 acres of the 117.4 acres in crop production, with the remainder being in a grassed waterway.

The property is set to be auctioned off on November 14^th, 2024 at Sand Creek Event Center in Newton at 6 PM CST. Contact us now for more information and to participate in this exciting auction event. Bidding will occur online and in-person the evening of the auction. Join us at the venue to discuss local real estate and enjoy some refreshments!

Please call or email the listing agent, Tyler Gentry, at (316) 641-3173 or tgentry@L2realtyinc.com to set up your private showing of this property!

·       117.4 +/- Total Acres

·       High-Quality Cropland Acreage

·       Smolan, Ladysmith, and Geary soils

·       Gravel Road Access

·       Near Newton and Halstead Communities

·       5 minutes to Newton, KS

·       10 minutes to Halstead, KS

·       30 minutes to Wichita, KS

TERMS: Online bidding will open at 10 AM on November 14^th, 2024 and the live auction will start at 6pm on November 14^th, 2024. Bidding will be conducted in-person, online, or by phone. Bids will be placed by the acre. Final sales prices will be calculated 117.4 times the final bid. There will be a 10% buyer’s premium added to the high bid to determine the contract price. Closing fee and title insurance fee will be split 50/50 between the 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. 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 the seller's agent within 24 hours of the close of the auction.  The earnest money deposit in the amount of 10% of the final sales 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 will be conducted on or before December 16^th, 2024. Possession of the tillable land will occur after harvest of the current wheat crop in 2025. Selling subject to easements, restrictions, roadways and rights of way.  Preliminary title work included. 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 will take precedence over any other advertising.