Woodson County, Kansas Land For Sale Near Toronto
* ONLINE ONLY AUCTION *
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* BIDDING OPENS MAY 14 *
Estate of Gary E. Tyner, Seller
PROPERTY ADDRESS: 571 Bobcat Rd, Toronto, KS 66777
PROPERTY DESCRIPTION: 133+- acres located northeast of Toronto in Woodson County, Kansas. An abandoned Railroad track angles through the property, offering a well known natural habitat and traffic way for wildlife. The south and east side of the tracks consists of heavy brush, thick trees, and excellent habitat for Kansas Whitetail Deer and Turkeys…both of which are commonly seen on the property. A clear water pond is nestled into that timbered area at the very center of the property. That pond is loaded with fathead minnows, an excellent bait species already established to make this your fishing honey hole. Speaking of honey holes…an abundance of Morel Mushrooms was photographed while we visited the property the second week of April! An additional water feature is the creek that meanders through the southern portion of the land. A 6″ water line runs along the north boundary of the property and electricity is available, offering an opportunity for utilities to build a cabin, house, or barn home. The northwest side of the property and a portion along the west edge have been utilized as hay meadow in the past. What a nice diverse opportunity to Invest In Land!
TOWER INCOME: Current annual income until 2029 is $3,802.19. The tenant has the right to extend for another 25 years at that time. If extend the initial rate will be $4,372.52 and every 5 years the rate shall automatically raise every 5 years by the rate of 15% of the previous 5 year period.
LEGAL DESCRIPTION: All the NW/4, Section 12, Township 26 S, Range 13E except the south 24 acres thereof, and subject to the Missouri Pacific right of way, and subject to an easement in favor of The United States of America on all that part of the NW/4 SW/4 NW/4, North 264 feet of the SW/4 SW/4 NW/4 lying below the elevation of 936 feet MSL, and subject to all easements of record, Woodson County, Kansas.
LAND LOCATION: Just northeast of Toronto, KS at the southeast corner of 60th Rd and Bobcat Rd.
EARNEST MONEY: $35,000
2023 REAL ESTATE TAXES: $643.46
REAL ESTATE PURCHASE CONTRACT
PRELIMINARY TITLE INSURANCE COMMITMENT
TERMS: Bidding will close at 4:00 PM Central on Tuesday May 21, 2024 or once no additional bids have been placed for 2 minutes. Bidding will be by the acre, your bid times 133 plus a 10% buyers premium to arrive at the contract price. Earnest money is $35,000 due at the conclusion of the Auction with the balance due upon Sellers submission of merchantable title and closing. Closing date shall be on or before June 21, 2024. 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 or inspections. 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. Fence lines, boundaries, and acreages are not guaranteed. All pertinent information is available upon request.
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