TRACT 2

Biby Land Auction Tract 2 – 465.7 Acres Butler County, Kansas – Watershed Lake, Native Pasture, Blacktop Frontage

  • Auction Date: FRIDAY OCTOBER 28, 2022 2:00 PM
  • Auction Location: EL DORADO CIVIC CENTER, 201 E CENTRAL AVE, EL DORADO KS
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PROPERTY DESCRIPTION: 465.7 acres of native Flint Hills pasture on NE 150th between Cassoday, Burns, Potwin, and El Dorado. Water is provided by a centrally located 10 acre Watershed Lake, as well as multiple wet weather draws throughout the property. Fences range from new to above average. Access is provided by blacktop NE 150th along the south, township gravel Bluestem Rd along the east, and township gravel NE 160th along the north. This property has been traditionally used for cattle grazing, but has been utilized as hay meadow the last couple of years. When you look at the diversity of use combined with the quality of water, it is hard to imagine a better opportunity to Invest In Land! Invest in the Flint Hills of Kansas!

LEGAL DESCRIPTION: The North Half and the Southeast Quarter of Section 17, Township 23 South, Range 6 East of the 6th P.M., Butler County, Kansas. Subject to public road.

LAND LOCATION: From Burns, 3 miles south on HWY 77 to NE 150th, 3 1/2 miles east to the property.

REAL ESTATE PURCHASE CONTRACT
TITLE INSURANCE COMMITMENT

2021 REAL ESTATE TAXES: $1142.70

EARNEST MONEY: $100,000

ONLINE BIDDING IS AVAILABLE FOR THIS AUCTION, CLICK THE BUTTON BELOW

ONLINE BIDDING

TERMS: Bidding will be by the acre, your bid times 465.7 to arrive at the contract price. The successful high bidder shall be required to sign the real estate purchase contract linked above and be purchasing the property subject to the preliminary title search report also linked above. Non refundable earnest money is stated above for each Tract and due at the conclusion of the auction unless other arrangements have been made by Buyer prior to bidding. The balance shall be due upon Sellers submission of merchantable title and closing. Closing date shall be on or before November 30, 2022. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways and rights of way. This property is not selling subject to financing, inspections, or appraisal. Interested buyers need to view the property prior to the date of the auction and have financing available and any inspections performed prior to bidding. Boundary lines, fence lines, and acreages are not guaranteed. All pertinent information is available upon request.

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