Thursday, December 08, 2022
McCurdy Real Estate & Auction
(Kingman) - East on 54/400, North on NE 40th Ave
Broker/Agent participation is recognized. See Associated Documents for Broker Registration Form. The registration form must be completed and submitted to McCurdy's office by 5:00 p.m. (CST) the business day prior to the real estate auction ending. Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. BIDDING OPENS: Tuesday, November 29th, 2022 at 2 PM (cst) | BIDDING CLOSING: Thursday, December 8th, 2022 at 2:10 PM (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment.
ONLINE ONLY!!! KINGMAN COUNTY LAND AUCTION!!! An amazing opportunity to purchase 154+/- acres of productive land near Kingman, KS that offers endless opportunities. Whether you are looking to add to your operation, build a home or simply invest in land, this is for you.
The land features the rolling productive tillable land that makes up most of its acreage as well as native pasture, a wooded area, ponds, and improvements. The improvements consist of a 30X40 barn with two overhead doors and electric as well as an older 30x50 livestock barn. There is also a well and septic located on the property that was a part of the homestead.
Right on paved road frontage and only 1 mile north of Highway 54 this parcel can be perfect for anyone. Also being offered at auction are two other neighboring parcels, giving you the ability to purchase up to 465+/- contiguous acres. Dont miss your final opportunity to buy land this year!
- 154+/- acres (S13, T27, R07W, SW1/4)
- Homesite with well and septic
- Wooded area
- Paved frontage
- 1 mile north of Highway 54
- 4 miles northeast of Kingman
There is an existing cropland lease that is in effect. Possession of the pastureland to the buyer will be at closing. Possession of the tillable land will be after the wheat is harvested. The current agreement for the cropland is a 2/3RD, 1/3RD share with the landowner paying their share of fertilizer expense. This lease will pass to the new buyer.
Property offered at ONLINE ONLY auction.| 10% Buyer's Premium will be added to the final bid.|BIDDING OPENS: Tuesday, November 29th, 2022 at 2 PM(cst)|BIDDING CLOSING: Thursday, December 8th, 2022 at 2:10PM(cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment.
Taxes on the individual parcels will be estimated at closing as final amounts will not be available until such time as the lot split is finalized.
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 if $800,000. For the purposes of calculating the total sales price, the acreage will be rounded to the nearest whole acre. For example, a parcel with 158.7 acres would be offered as 159 acres.
These three parcels of land are selling with a collective reserve and the final bids are subject to seller confirmation. Accordingly, bidding will be conducted on all three parcels and upon the conclusion of bidding on the third parcel, the sellers will then decide whether they accept the final bids on all parcels. If you are the top bidder on any of the parcels and the sellers accept your bid, you will be sent a Contract for Purchase and Sale and will tender the nonrefundable earnest money.