02/29/2024 - BARRETT LAND AUCTION (Tract #3: 75.55+/-ac in Lyon Co)
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SELLER: Wilbur G Barrett Rev Trust
AUCTION DATE: Thursday, 02/29/2024 at 6:00pm |
AUCTION LOCATION: The Olpe Chicken House, 8 E State Road 99, Olpe, Kansas 66865
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TRACT #3: 75.55 +/- ac in Lyon County
DIRECTIONS: Located across the intersection to the northeast of Tract #2.
2023 TAXES & MINERALS: $731.64 (There is no production and seller’s minerals rights will transfer to the buyer)
BRIEF LEGAL: The SE/4 of Sec 4, Twp 20 S, Rge 12E of the 6th P.M. in Lyon Co, KS
DESC: This mixed tract in Lyon Co offers both cropland and hayable acres. The county shows 75.55 total acres with 37.02 dryland acres and 38.53 grass acres. The tillable acres consist of class 2 and 3 soils, has terraces and is currently planted to wheat. The majority of the grass acres are on the east of the property and have been hayed and offer a nice, clean stand of grass.
DIRECTIONS: Located across the intersection to the northeast of Tract #2.
2023 TAXES & MINERALS: $731.64 (There is no production and seller’s minerals rights will transfer to the buyer)
BRIEF LEGAL: The SE/4 of Sec 4, Twp 20 S, Rge 12E of the 6th P.M. in Lyon Co, KS
DESC: This mixed tract in Lyon Co offers both cropland and hayable acres. The county shows 75.55 total acres with 37.02 dryland acres and 38.53 grass acres. The tillable acres consist of class 2 and 3 soils, has terraces and is currently planted to wheat. The majority of the grass acres are on the east of the property and have been hayed and offer a nice, clean stand of grass.
DOCUMENTS:
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MAP - Tract #3
VIDEO - Tract #3
PHOTO GALLERY
WEBCAST / ONLINE BIDDING
PRE-BIDDING OPEN 02/22/2024
Webcast Bidding available with the Live Auction on Thursday, 02/29/2024 at 6:00pm
CLICK BELOW TO BID ONLINE (Click on the link below to start bidding online):
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Bids will not be accepted online if you have not completed your registration 48 hours before the start of the auction, including a letter of credit or a guarantee from a credible financial institution before being approved to bid online. Deadline to register and provide this information to our office is 5:00pm CST on Tuesday, 02/27/2024. Pre-bidding will open on Thursday, 12/22/2024 at 11am. Call Chuck Maggard at 620-794-8824 if you have questions.
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TERMS: Earnest money due day of the auction: Tract #1 - $25,000.00, Tract #2 - $50,000.00, Tract #3 - $25,000.00, Tract #4 - $25,000.00, Tract #5 - $15,000.00 made payable to Lyon County Title. The balance will be due in full at closing which shall be on or before Thursday, March 28, 2024, at which time buyer will receive appropriate Deed. Owners Insurance Title Policy and title company closing fees will be shared 50/50 between buyer and the seller. Seller will pay for 2023 and all prior years taxes. The buyer will receive full possession at time of closing on Tracts #1, #2, #4, #5. Early possession will be discussed to qualified buyers for preparing for the 2024 season. On Tract #3, buyer will receive possession of the grass at closing, and will receive possession of the cropland after the harvest of the wheat. Buyer will receive the 2024 wheat rent, be responsible for the owners share of the fertilizer, and be responsible for all of the 2024 taxes. Seller’s mineral rights will transfer to the buyer, there is no production. All inspections must be done prior to the auction. The property is sold in “as is” condition, with no warranties or guarantees. Buyers must rely on their own knowledge or have inspections completed prior to the auction. All financing arrangements need to be made prior to the auction. Bidding is NOT subject to the following contingencies, including but not limited to financing, appraisal, or inspection. Properties are being sold with seller confirmation. Each tract will be sold individually, tracts will not be offered in combinations. All information has been gathered from Lyon Co and Coffey Co sources and is deemed reliable but is not guaranteed. Boundary lines on maps, photos and videos are approximate and not survey accurate. All announcements made day of the auction take precedence over any advertisements.
OPTIONAL ONLINE BIDDING: This will be a live/simulcast auction with pre-bidding available via internet prior to sale time. At 6:00PM on February 29, the auction will close at live auction with internet bidding available through HiBid, call for details and see additional terms online.
OPTIONAL ONLINE BIDDING: This will be a live/simulcast auction with pre-bidding available via internet prior to sale time. At 6:00PM on February 29, the auction will close at live auction with internet bidding available through HiBid, call for details and see additional terms online.
