Vaughn-Roth Land Brokers
Date(s) 10/1/2024 - 10/3/2024
Beginning at 12:00 p.m. on 10/1/2024 with a dynamic closing to begin at 12:00 p.m. on 10/3/2024
Bidding Closed
Online-Only Auction
Shipping Not Available
Bidding Notice:
Buyers are to review the Terms and Condtions of Sale prior to bidding. Buyers will need to submit a letter of credit or proof of funds from their bank before Registration will be approved. This information can be emailed to Cameron@VaughnRoth.com
Auction Information
| Name | Freeman Family - 80 +/- Ac - Coffey County, KS - 10/3/2024 |
|---|---|
| Auctioneer |
Vaughn-Roth Land Brokers
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| Type | Online-Only Auction |
| Date(s) | 10/1/2024 - 10/3/2024 |
| Auction Date/Time Info |
Beginning at 12:00 p.m. on 10/1/2024 with a dynamic closing to begin at 12:00 p.m. on 10/3/2024
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| Preview Date/Time | 10/1/24-10/3/24 |
| Checkout Date/Time | 10/3/2024 |
| Location |
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| Buyer Premium | No Buyer's Premium |
| Description |
Vaughn-Roth Land Brokers is honored to present this Coffey County property on behalf of the Freeman/ Ramsay Family via online auction. This is an excellent prospect for the farmer, investor or hunter. 80+/- acre tracts with this much diversity don't come along often so if you're serious about buying a productive hunting property with return on investment, this offering presents a prime opportunity.
According to FSA records, there are 43.46 acres of cropland with the soil types within the cropland sections being entirely composed of good Kenoma and Woodson silt loam varieties. You’ll find good gravel road access with pavement just a mile and a half from the property. Utilities are located near the intersections to the east and west.
This excellent mixture of cropland, bedding cover and timber provides top-shelf deer habitat in the already legendary and highly envied Kansas Deer Management Unit #11. There's excellent natural screening along the road at the south boundary provided by a hedgerow and more screening towards the north end of the crop field, making the view of the heaviest timber and bedding areas almost non-existent. Within this portion of timber, there are some excellent prospective foodplot locations as well as a pond hidden away not far from these sites. It's hard to imagine a more private and comfortable environment to magnetize the area whitetails to!
Online Auction will begin at 12:00 p.m. on 10/1/24 with a dynamic closing to begin on 10/3/24 at 12:00 p.m. (Any bids within the last 5 minutes will extend the closing for an additional 5 minutes.)
For more information or to schedule a tour, contact Cameron Roth at 785-917-0867.
Coffey County, Kansas, offers a blend of affordability, community, and access to nature, making it an appealing choice for those looking for a quieter, more connected way of life.
1. Affordable Cost of Living
Housing: Coffey County offers affordable housing options, with home prices and rental rates generally lower than the national average. This makes it easier to own property or rent without the financial strain often seen in larger cities.
Overall Expenses: The cost of groceries, taxes, utilities, and other essentials is also lower, making it an attractive option for those looking to stretch their budget further.
2. Small-Town Charm and Community
Tight-Knit Community: Coffey County's small-town atmosphere fosters a sense of belonging and camaraderie.
Safe and Peaceful: The area is known for its low crime rates and peaceful environment, making it a great place for families seeking a quiet, safe place to live.
3. Access to Nature and Outdoor Activities
Parks and Recreation: John Redmond Reservoir is one of the key attractions in Coffey County, providing excellent opportunities for boating, fishing, and camping. The surrounding wildlife areas are ideal for bird watching, hiking, and nature photography.
Scenic Beauty: The county's rural landscape provides beautiful, serene views, perfect for those who enjoy being surrounded by nature.
4. Strong Educational Opportunities
Quality Schools: The county's public schools are known for their commitment to education, with a focus on student achievement and community involvement.
Community College Access: Coffey County is within driving distance of several community colleges and universities, providing opportunities for higher education without having to relocate.
5. Job Opportunities and Economic Stability
Energy Sector: Coffey County is home to Wolf Creek Generating Station, a major nuclear power plant that provides jobs and economic stability to the region.
Agriculture: The local economy is also supported by agriculture, offering opportunities for those interested in farming, ranching or related agribusiness.
6. Healthcare and Services
Coffey County Hospital: Located in Burlington, the hospital provides essential healthcare services, including emergency care, surgery, and rehabilitation. The county is also home to several clinics and medical professionals, ensuring residents have access to quality healthcare.
Senior Services: Coffey County offers various services for seniors, including community centers, meals, and transportation, helping to create a supportive environment for older residents.
7. Convenient Location
Accessibility: While Coffey County offers a peaceful, rural lifestyle, it’s still within easy driving distance of larger cities like Topeka, Wichita, and Kansas City. This makes it convenient to access urban amenities, such as shopping, dining, and entertainment, while enjoying the benefits of small-town life.
8. Less Traffic and Lower Stress
Relaxed Pace of Life: Living in Coffey County means less traffic jams and a slower, more relaxed pace of life. This can be ideal for those looking to escape the hustle and bustle of big cities.
9. Potential for Growth
Development Opportunities: The area is growing, and there are opportunities for investment in real estate, business development, and community projects. If you're looking to be part of a growing community, Coffey County has potential.
Driving Directions From LeRoy: Head east on Highway 58 for 5 miles and turn south onto Xeric Rd. Proceed 1 mile and then turn east onto 3rd Rd for approximately 1/2 mile and the property begins on the north side of the road. Watch for signs!
Brief Legal: The West 1/2 of the Southeast 1/4 in Section 3, Township 23 South, Range 17 East of the 6th P.M., Coffey County, KS. 80 acres, more or less.
Minerals: The Seller's mineral interests transfer to the Buyer.
Earnest Money: $30,000.00 due on day of sale.
Taxes: $708.44
Possession and Closing: Possession shall be at closing subject to cropland lease. Closing shall be on or before November 4th, 2024.
Disclosure: Yellow boundary property lines in the pictures are approximated for reference only.
Dynamic Closing: If there are any bids within the last 5 minutes of the auction, the auction closing time will extend for 5 minutes. Please note, this will continue until there are no bids within the last 5 minutes and could extend the closing several times.
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Terms and Conditions
TERMS AND CONDITIONS OF SALE
SELLER: Freeman/Ramsay Family
ACREAGE: Selling as 80 acres, more or less.
BRIEF LEGAL DESCRIPTION: The West 1/2 of the Southeast 1/4 of Section 3, Township 23 South, Range 17 East of the 6th P.M., Coffey County, Kansas. 80 acres, more or less. Including ROW.
RESTRICTIONS: This real estate sells subject to (1) all County and State laws, ordinances, and regulations and (2) any easements, encumbrances, leases, and restrictions applicable to the property.
EARNEST DEPOSIT: Earnest money in the amount of $30,000.00 payable to Coffey County Land Title is due on auction day and upon signing the purchase contract. The earnest deposit can be paid in the form of personal or business check, cashier's check, certified check or wire transfer. The Buyer's earnest deposit is non-refundable unless the Seller fails to close on this transaction due to the Seller's inability to deliver marketable title.
MINERALS: The Seller's mineral interest shall transfer to the Buyer.
TAXES: Property taxes will be pro-rated to the date of closing. Taxes for any previous years are to be paid by the Seller. 2023 property taxes: $708.44.
POSSESSION: Possession shall be at closing subject to cropland lease. Closing shall be on or before November 4th, 2024.
TITLE/CLOSING COSTS: Seller and Buyer shall share equally in the cost of owner's title insurance and escrow closing fee. A preliminary title policy has been prepared by Coffey County Land Title and will be updated with Buyer information prior to closing. Buyer is responsible for cost of any lender's policy.
TITLE EVIDENCE/DEED: Seller will deliver to Buyer an insurable deed for the property at time of closing, conveying clear and marketable title to said property, free of all encumbrances, liens and judgment, except for those lawful conveyances and restrictions that exist on record before the date of the auction as noted in the title insurance commitment.
PROPERTY SOLD "AS IS, WHERE IS, WITH ALL FAULTS" WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND: This real property shall be sold subject to conditions, restrictions, right-of-way easements, and reservations, if any, of record, filed and untitled mechanic's and material liens.
CLOSING: Buyer must close the transaction for this real estate on or before November 4th, 2024. The balance of the purchase price must be paid by cashier's check or wired funds at closing. The purchase is not contingent on financing.
AGENCY: The Broker/Auctioneer is acting as Agent for the Seller only. All information and materials provided by the Broker is subject to inspection by all interested parties. Prospective bidders should independently verify any information being relied upon in making a purchasing decision.
LIQUIDATED DAMAGES: Buyer will forfeit all of their earnest deposit if they cannot close within the stated time herein and no written extension has been granted by the Seller. If such actions occur, Coffey County Land Title hereby has the right to disperse the earnest deposit as determined by Vaughn-Roth Land Brokers and the Buyer has no claims to such money or property being sold. If the Sellers default on this transaction due to inability to deliver marketable title, the earnest money will be returned to the Buyer in full.
BIDDER'S DUTY TO INSPECT: All information published, announced, or contained herein was derived from sources believed to be correct; however, it is not guaranteed by the Seller, the Broker or any other person or entity. Personal inspection of all property by potential bidders is strongly recommended. All sales are subject to the conditions and terms contained herein. The failure of any bidder to inspect or to be fully informed as to the condition of the property, will not constitute grounds for any claim or demand for adjustment or withdrawal of bid, offer or deposit money after its opening tender. This includes but is not limited to public information such as easements, restrictions, zoning, rights-of-way, or any other information that can be obtained as public record in the County courthouse or any municipal office concerning subject properties. Any and all announcements made at the time of auction take precedence over all other verbal, printed, announced, and/or distributed information. Please note that you are bidding to purchase the property as is.
CONTRACT: Vaughn-Roth Land Brokers requires that the winning bidder close on this transaction prior to assigning the property to another party. There will not be any division of the property, writing of multiple contracts or requirement of more than one closing related to this transaction.
BIDDING: Will be by the total dollar amount.
DYNAMIC CLOSING: If there are any bids within the last 5 minutes of the auction, the auction closing time will extend for 5 minutes. Please note, this will continue until there are no bids within the last 5 minutes and could extend the closing several times.
CONTINGENCIES: This real estate is selling as-is and is not contingent upon inspections, appraisals, approval of financing or any other requirements by any entity. If the Buyer fails to close on this transaction, the earnest money due on auction day shall not be refunded unless the Seller cannot deliver marketable title.
BIDDING REGISTRATION AND APPROVAL: To register, visit VaughnRoth.com and click on this listing where you will find a "Register To Bid" tab. Once you submit your request for registration, you must contact Cameron Roth at 785-917-0867 and provide proof of funds or a letter of credit prior to being approved.
Bid Increments
Your bid must adhere to the bid increment schedule.
| Bid Amount | Bid Increment |
|---|---|
| 0.00 - 9,999,999.99 | 1,000.00 USD |
Payment Information
| Currency | USD |
|---|---|
| Buyer Premium | No Buyer's Premium |
| Payment Terms |
EARNEST DEPOSIT: Earnest money in the amount of $30,000.00 payable to Coffey County Land Title is due on auction day and upon signing the purchase contract. The earnest deposit can be paid in the form of personal or business check, cashier's check, certified check or wire transfer. The Buyer's earnest deposit is non-refundable unless the Seller fails to close on this transaction due to the Seller's inability to deliver marketable title.
2023 TAXES will be pro-rated to the date of closing. Taxes for any previous years are to be paid by the Seller.
TITLE/CLOSING COSTS: Seller and Buyer shall share equally in the cost of owner's title insurance and escrow closing. A preliminary title policy has been prepared by Coffey County Land Title and will be updated with Buyer information prior to closing. Buyer is responsible for the cost of a lender's policy if required.
CLOSING: Buyer must close sale of this real estate on or before November 4th, 2024 unless otherwise agreed to by all parties subject to the purchase contract. The balance of the purchase price must be paid by certified check or wired funds at closing. This purchase is not contingent on financing.
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Shipping / Pick Up
N/A