Bidding Closed
Online-Only Auction
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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 | Nordstedt - Tract 1: 66 +/- Acres - Neosho County, KS - 10/4 |
|---|---|
| Auctioneer |
Vaughn-Roth Land Brokers
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| Type | Online-Only Auction |
| Date(s) | 10/2/2024 - 10/4/2024 |
| Auction Date/Time Info |
10/2/2024-10/4/2024
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| Preview Date/Time | 10/2/2024 |
| Checkout Date/Time | 10/4/2024 |
| Location |
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| Buyer Premium | There will be a 5% buyer's premium. |
| Description |
Vaughn-Roth Land Brokers is honored to represent the Nordstedt Family with the sale of these Neosho County, Kansas properties located east of Chanute via online auction. These parcelsfeature appealing attributes for both the farmer and the recreational buyer. From good upland soils to hardwood timber to a large pond, there’s a lot to like here! The auction will be conductedonline beginning at 12:00 p.m. on 10/2/2024 with a dynamic closing to start at 10:00 a.m. on 10/4/2024. (Any bids placed in the last 5 minutes will extend the closing by 5 minutes.)
Tract 1 is 66 acres more or less and is a highly efficient parcel that will appeal to both the grain producer and the investor seeking ROI. This tract boasts an efficient 61.50 acres of croplandwhich is almost composed entirely of good Kenoma silt loam soil. You can review the soil map by visiting the “Related Documents” section within this listing on our website. The field featuresadequate slope providing good drainage in times of normal precipitation. Access is another desirable attribute as it’s located on a good County road, less than 2 miles from pavement andan easy commute to multiple grain markets.
There’s also plenty of hunting appeal here for the upland bird hunter with thick hedgerows surrounding the majority of the boundary and a draw running through the west side with greathabitat bordering the grain field.
Please contact Cameron Roth at 785-917-0867 for more information or to set up a tour. This is a rare chance to acquire land that provides both immediate and long-term value. Don’t miss theopportunity to invest in property that offers so much potential in the heart of Kansas agriculture!
For information regarding rural water availability and capacity, contact Neosho County Rural Water District #2 at 620-724-0276.
This online auction will start on 10/2/2024 at Noon with Tract 1 closing to begin at 10:00 a.m. on 10/4/2024.For more information or to schedule a tour, contact Cameron Roth at 785-917-0867.
Auction Details: Beginning at 12:00 p.m. on 10/2/2024 with a dynamic closing to start at 10:00 a.m. on 10/4/2024. (Any bids placed in the last 5 minutes will extend the closing by 5 minutes.)
Legal Description: A tract containing 66 acres, more or less, in the East 1/2 of the Southwest 1/4 in Section 8, Township 27 South, Range 20 East of the 6th P.M., Neosho County, Kansas.
Driving Directions: From Chanute, head east on Highway 39 for 11 miles and then turn left onto Pratt Road. Proceed 1.5 miles and then turn right onto 230th Rd. Travel approximately 0.4 miles and the property begins on the left side of the road. Watch for signs!
Earnest Money: $25,000.00 due on day of auction.
Minerals: The Seller's mineral interests transfer to the Buyer.
Closing: On or before November 4th, 2024.
Possession: At closing subject to tenant’s right to harvest the spring-planted 2024 soybean crop.
Property Taxes: $1,133.86
Buyer's Premium: There will be a 5% buyer's premium added to the high bid to determine the final contract price with that total being paid by the Buyer.
Disclosure: Yellow boundary property lines in the pictures are approximated for reference only. Please refer to the aerial map provided by the Neosho County Appraiser's office in reference to property lines.
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.
About the Area:Neosho County, Kansas, offers a mix of historical significance, natural beauty, and a strong sense of community. It’s an ideal location for those seeking a peaceful, affordable lifestyle with access to outdoor activities, cultural events, and a friendly atmosphere. Whether you’re interested in the arts, education, or simply enjoying the slower pace of life, Neosho County has something to offer.
Location and Accessibility
Strategic Location: Neosho County is located in southeastern Kansas, making it accessible to several larger cities within Kansas, Missouri, and Oklahoma. It's relatively close to cities like Wichita, Kansas City, and Tulsa, providing access to urban amenities while maintaining a rural lifestyle.
Historical Significance
Martin and Osa Johnson Safari Museum: Located in Chanute, this museum is dedicated to the life and work of Martin and Osa Johnson, adventurers and filmmakers who documented their travels in Africa and the South Pacific in the early 20th century. The museum is a fascinating destination for those interested in history, exploration, and film.
Historic Landmarks: Neosho County has several historic sites, including old buildings, churches, and cemeteries that tell the story of the county’s development over the years.
Outdoor Activities and Natural Beauty
Neosho Wildlife Area: This area is a prime spot for hunting, fishing, and birdwatching. The wetlands attract a variety of wildlife, making it a popular destination for nature enthusiasts.
Big Hill Lake: Just outside of Neosho County, Big Hill Lake offers additional recreational opportunities, including boating, camping, and hiking. The lake’s scenic beauty is a draw for both locals and visitors.
Santa Fe Lake: Located near Chanute, this lake is another local favorite for fishing, picnicking, and outdoor relaxation.
Education
Neosho County Community College (NCCC): Located in Chanute, NCCC offers a range of academic programs, including associate degrees and technical certifications. The college is an important educational resource for the region, providing opportunities for higher education close to home.
Public Schools: Neosho County’s public schools are dedicated to providing quality education, with a focus on community involvement and student success. Schools offer a variety of extracurricular activities, including sports, arts, and clubs.
Economy and Employment
Diverse Economy: Neosho County’s economy is supported by a mix of agriculture, manufacturing, and education. Agriculture plays a significant role, with farms producing crops such as soybeans, corn, and wheat.
Local Industry: The county also has a number of manufacturing businesses, contributing to local employment. Chanute is a hub for some industrial activity, with companies in sectors like food processing, machinery, and chemicals.
Small Businesses: Small businesses thrive in the area, especially in retail, dining, and services. The community supports local entrepreneurs, and there are opportunities for new business ventures.
Healthcare and Services
Neosho Memorial Regional Medical Center: Located in Chanute, this hospital provides a wide range of healthcare services, including emergency care, surgery, and specialized treatments. The presence of a quality healthcare facility is a key advantage for residents.
Community Services: Neosho County offers various services for residents, including senior centers, family services, and community outreach programs. These services help to ensure a high quality of life for people of all ages.
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Terms and Conditions
TERMS AND CONDITIONS OF SALE
SELLER: Nordstedt Family - Tract 1
ACREAGE: Selling as 66 acres, more or less.
BRIEF LEGAL DESCRIPTION: A tract containing 66 acres, more or less, in Section 8, Township 27 South, Range 20 East of the 6th P.M., Neosho County, Kansas. 66 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 $25,000.00 payable to Kansas Secured 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.
POSSESSION: At closing subject to tenant's right to harvest the spring-planted 2024 soybean crop.
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: $1,133.86.
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 Kansas Secured 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, Kansas Secured 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.
BUYER'S PREMIUM: There will be a 5% buyer's premium added to the high bid to determine the final contract price with that total being paid by the Buyer.
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 | There will be a 5% buyer's premium. |
| Payment Terms |
EARNEST DEPOSIT: Earnest money in the amount of $25,000.00 payable to Kansas Secured 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 Kansas Secured 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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