151.1 +/- W 10th Ave Mayfield, KS 67103

Property offered at ONLINE ONLY auction. BIDDING OPENS: Thursday, September 29th, 2022 at 2 PM (cst) | BIDDING CLOSING: Thursday, October 13th, 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. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! Bidding is by the acre. Please review the disclosures section for definition. OFFERED SEPARATE AND TOGETHER WITH PARCEL 2. 151.1 +/- acres of tillable, fallow, terraced farm ground on paved frontage that is perfect to add to your operation or invest in. The land is made up primarily of class 2 soils and features Highway 160 frontage, between Wellington and Mayfield. With possession available immediately, you do not want to miss this opportunity to invest in land! 151.1+/- acres Tillable land Class 2 soils Offered separately and together with parcel 2 Terraced Highway 160 frontage 6 miles west of Wellington 2 miles east of Mayfield Early possession before closing may be granted to the winning bidder in order to plant a wheat crop or work on the land. In the event the transaction does not close at the buyers fault, any and all improvements or work done to the land will remain with the seller. This auction is being conducted with a reserve on each parcel. Parcels 1 and 2 are being offered “separate and together,” meaning there is an opportunity to bid on Parcels 1 and 2 individually or in their entirety. Parcels 1 and 2 will first be offered individually. Upon the close of each Parcel 1 and Parcel 2 auction, bidding on Parcels 1 and 2 in their entirety will begin and the starting bid will be the combined total of the high bid of Parcel 1 and Parcel 2 individually. The high bids for Parcels 1 and 2 individually will be held pending the results of the auction of Parcels 1 and 2 together. If the high bid on Parcel 1 and 2 in their entirety exceeds the high bid on each Parcel 1 and Parcel 2, then the high bidder will be required to execute a Sales Contract to purchase both parcels. If the total high bid on Parcel 1 and Parcel 2 together does not exceed the combined high bids on the parcels individually, the high bidder on each parcel will execute their respective sales contract for that individual parcel. 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. *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 ($1,500.00 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 $15,000.