Thursday, September 16, 2021
McCurdy Auction, LLC
(Kingman) The Northwest corner of SE 110 St. & SE 80 Ave.
*Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $20,000.
ONLINE ONLY!!! 161.9 +/- acres in Kingman, Kansas!!! Located at the Northwest corner of SE 110 Street and SE 80 Avenue this property has so much to offer from farmland to recreational use!
- 98.11 +/- acres of wheat
- 15.53 +/- acres of soybeans
- 48.26 +/- pasture/ recreational ground
- Active oil production
- 55X120 farm utility storage shed
- 18X21 tool shed
- 12X16 tool shed
- Less than an hour from Wichita
- Approximately a 20-minute from Norwich
- The current oil production lease gives the owner 1/8th share that will transfer to the buyer. Per the seller, in 2020 the owner's portion was $4,766.84.
Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Tuesday, August 31st, 2021 at 2:00 PM (cst) | BIDDING CLOSES: Thursday, September 16th, 2021 at 2:30 PM) (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. All mineral and water rights transfer to the buyer subject to the existing lease. The seller would be willing to plant wheat on a 1/3-2/3 share crop basis if the buyer desires. Definition of 'selling by the acre': A method of sale often used for agricultural or undeveloped acreage in which bids are made based on a per acre price. By way of example, if a 160 acre parcel was offered “by the acre” the high bid may be $5,000 an acre. That amount would then be multiplied times the total acreage to arrive at a total sales price of $800,000.