ID# BIR1072
Location:
Coolidge, KS
Auction:Dec 8, 2020
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655.9+/- Acres Hamilton County, Kansas
Selling in 3 Tracts On Our
UNRESERVED ONLINE AUCTION
December 8, 2020
Bidding opens November 24, 2020, and ends December 8, 2020, at 10:00 A.M. (MST)
Tract #2 comprises a .8 acre home site selling “AS IS”. It sets in the middle of Tract #1. It was purchased by the owner of Tract #3 (O & J, LLC) in December 2019, to be torn down to put a pivot on the land. It’s a 2 bed, 1 bath house in major disrepair with a damaged roof, foundation, siding, porch ceiling, and more. A propane tank sells with the property. Go to bigironrealty.com for this auction to see the disclosure on this house. It’s recommended the Buyer of Tract #1 also purchase this Tract #2 to control all property in this block of land.
The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. Real Estate Agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
VFW
607 N. Main St
Syracuse, KS 67878
BigIron Realty Agents will be at the VFW in Syracuse, KS, on Monday, December 7, 2020, from 1:00 to 5:00 P.M. (MST), and Tuesday, December 8, 2020, from 8:00 A.M. (MST) until the conclusion of the online auction. Please come during the times scheduled to discuss the land. BigIron Realty Representatives will be there to assist Buyers with registering to bid, answering questions, and bidding online. You do not have to be present to bid online, but you are required to be available by phone.
BIDDING PROCESS: You may place bids on the land for 14 days beginning November 24, 2020, and ending December 8, 2020, at 10:00 A.M. (MST). This unreserved online auction features bidding extensions. The closing times will be automatically extended when any one of the coupled tracts receives a bid in the last 5 minutes and will close simultaneously when none of the tracts receive a bid for 5 minutes. This will allow bidders to monitor each tract without the fear of missing out on any other tract. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.
Legal Description: .8 of an acre, beginning 60 ft east and 60 ft south of the northwest corner of the SE ¼ 23-23-43, then east 260 ft, then south 145 ft, the west 260 ft, the north 145 ft to the point of beginning.
2019 Taxes: $264.58
Land Location: The .8 acre homesite is immediately southeast of Coolidge, KS, surrounded by Tract #1 of this auction.
FSA: No FSA bases & yields.
Mineral Rights: No mineral rights available.
Water Rights: No water rights available.
Possession: At closing on or before January 7, 2021.
Owner: O & J LLC and Richard & Kathleen Wright Trust
Title Services:
High Plains Title LLC
107 Gunsmoke St.
Dodge City, KS 67801
For more information, contact listing agent:
Mike Campbell, 620-899-6989
Terms: The sale is subject to all rights of way and easements, whether recorded or not, and to oil and gas leases of record if any. The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment made payable to High Plains Title LLC, 107 Gunsmoke St., Dodge City, KS 67801. The earnest money deposit can be made by personal check, company check, or by wire transfer. The balance will be due at closing on or before Jan 7, 2021. Seller will provide marketable title to the Buyer evidenced by title insurance. Title insurance and closing costs are split 50/50 between Buyer and Seller. Additional title insurance required by a Buyer’s lender will be paid 100% by the Buyer. Real estate taxes will be prorated to the date of closing. Bidding increments may be changed at the discretion of the Real Estate Agent. The property will not be sold subject to financing. Have all financial arrangements made prior to the auction. The written purchase agreement, to be signed by the Seller and Buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the Seller.
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Terms
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