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AUCTION -
L2 Realty Inc is honored to bring this high end recreational and river bottom tillable tract to auction in Allen County, Kansas. This 155+/- acre parcel just north of Chanute, Kansas has everything the hunter, investor, or farmer could possibly be looking for. It consist of approximately 78 acres of river bottom tillable and approximately 77 acres of timber, river frontage, and 2 different oxbows just off the river.
Lets start with the whitetail hunting. The Neosho River in Southeast Kansas has long been known for its giant Kansas whitetails. Knowing the area well, this farm will be no different. The mix of timber, grass, and food is all these mature bucks need to reach their full potential. On top of that, the neighboring farms are top notch as well. As we all know, its not just your farm that produces giants, it helps to be in the right neighborhood as well. This is without a doubt, the right neighborhood. There are a couple underground pipelines running through farm that are kept fairly clean. These allow for the perfect funnels and shooting lanes. The mature timber throughout will give you plenty of spots to hang those stands to catch those river cruising bucks come November.
Even though the whitetail hunting on this property will be top notch, the waterfowl opportunities may be the most interesting aspect to this farm. With 2 oxbows already in place just off the river, this property is already set up for success. On the years the oxbows have water in them, the mallards pile in. More often or not, they hold water, even though the droughts of the last 2 years have kept them dry. Currently they are full from the spring rains and will produce come this fall. There are also other opportunities for marshes in low lying Neosho River bottom land.
Now lets get to the tillable. The 78 acres of Neosho River bottom tillable is made up of all highly productive verdigris silt loam. It has a NCCPI rating of over 87. Which is about as high as it gets. The current tenant does a great job and would love the opportunity to continue to farm the acreage if possible.
This property also boasts almost a quarter mile of Neosho River frontage. The Neosho River is one of the top fishing destinations for channel cat, blue cat, and flatheads in the state. No matte what time of the year it is, this farm will provide recreation at the highest levels.
Properties of this caliber rarely hit the open market. This farm has been in the same family for over 100 years. Do not miss your opportunity to own this to notch producer! To set up your own personal tour, contact Brian Helman(620)212-2027, today!
ONLINE & LIVE. Online bidding will open at 10am CST on June 18, 2024 and the live auction will begin at 6pm CST on June 18, 2024 at the Central Park Pavillion in Chanute, 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 155 acres 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 Kansas Secured 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 July 31, 2024 at where time 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. 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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