155+/- Acres on W 1st, Newton, KS 67114

Property Description

Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, October 22nd, 2024 at 2 PM (cst) | BIDDING CLOSING: Wednesday, October 30, 2024 at 2 PM (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! NO MINIMUM NO RESERVE!!! Prime opportunity to acquire 155+/- acres of productive tillable land in central Harvey County, Kansas. This exceptional property is ideally located just 5 miles west of Newton at the corner of S. Emma Creek and W. 1st St., and only 1 mile north of Highway 50. For farmers looking to expand their operations or investors seeking quality Kansas farmland, this property presents an outstanding opportunity. The majority of the acreage consists of productive tillable land, offering excellent potential for crop yields and agricultural income. The property's proximity to Newton ensures easy access and convenience to all the amenities. Don't miss this opportunity to invest in Harvey County land selling regardless of price! Features: 155+/- acres A majority of SE1/4 of S17, T23, R01W (Subject to survey) Corner of S. Emma Creek and W. 1st St. Primarily tillable acreage Possession after fall harvest 5 miles west of Newton 1 mile north of Highway 50 TRACT 1: 155+/- Acres - East Tract • BIDDING CLOSING: Wednesday, October 30th, 2024 at 2:00 PM (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. TRACT 2: 158+/- Acres - West Tract • BIDDING CLOSING: Wednesday, October 30th, 2024, and will close no earlier than 2:10 PM or 10 minutes immediately following the bidding close for the adjacent property located to the east. The bidding will remain open until 1 minute has passed without receiving a bid. TRACT 3: 7.2+/- Acres - 7728 W. 1st St. • BIDDING CLOSING: Wednesday, October 30th, 2024, and will close no earlier than 2:20 PM or 10 minutes immediately following the bidding close for the adjacent property located to the northwest. The bidding will remain open until 1 minute has passed without receiving a bid. 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 bid price of $800,000 (plus Buyer’s Premium, if applicable). 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 or a parcel is 158.3 would be offered as 158 acres. *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. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($2,500.00 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 of $40,000 for a 45 day closing.