Online Only Auction
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Date(s)
10/2/2024 - 10/4/2024
AUCTIONEER INFORMATION
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


Information
Lot # 3
Ring # 1
Group - Category Real Estate - Ag / Farm Land
Lead 393 +/- Acres (Combination of Tracts 1 & 2)
Name Calvert Family - Tract 3 - Marion Co, KS - 10/4/24
Auctioneer
Type Online-Only Auction
Date(s) 10/2/2024 - 10/4/2024
Auction Date/Time Info
Beginning at 12:00 p.m. on 10/2/2024 with a dynamic closing to begin at 4:00 p.m. on 10/4/2024
Preview Date/Time 10/2/24-10/4/24
Checkout Date/Time 10/4/2024
Location
Buyer Premium 5% Buyer's Premium
Description
Vaughn-Roth Land Brokers is honored to represent the Calvert Family Partnership with the offering of these ultra-productive and efficient cropland parcels situated on the Cottonwood River in Marion County, Kansas located just south of Marion via online auction. This is the auction that both the discerning farmer and investor have been awaiting. There’s no excuse to sit on the sideline here if you’re searching for top-shelf riverbottom tillable with premium soils. If you’re going to buy farmland, you might as well buy the best, as opportunities of this magnitude don’t present themselves often. Answer the door as opportunity is knocking loud and clear! The auction will start at 12:00 p.m. on 10/2/24 and end on 10/4/24 with a dynamic closing beginning at 11:00 a.m. on Tract 1, 1:00 p.m. on Tract 2, and 4:00 p.m. on Tract 3. Contact Cameron Roth at 785-917-0867 for more information! Tract 3 is a combination of Tracts 1 & 2 and totals 393 acres, more or less, including top-shelf soils, good drainage and Cottonwood River frontage. This real estate is being offered in twoindividual tracts and in combination (Tract 3) and will sell in whichever form garners the most proceeds. Boasting 358.03 cropland acres according to FSA records, this ultra-productive parcelis light on waste other than the timber along the river and creek drainage. The premium soil types are overwhelmingly composed of Verdigris and Chase varieties that often produce duringstressful periods while others fail. Please find the soil map and FSA map in the “Related Documents” section within this listing on our website. If you’re shopping for a large, efficient farm with high-quality soil types, you’ll be hard pressed to match this one. As stated in the Tract 2 description, there is added attraction if you are an investor who also enjoys recreational pursuits as well. Pass-shooting waterfowl on the Cottonwood River is oftenvery productive and the heavy hardwood timber lining the river and adjacent creek drainage has created a textbook travel corridor for the Whitetails in the area. This tract would make anexcellent addition to the portfolio with ROI and likely continued appreciation over the years. This parcel has excellent access with pavement frontage on the west boundary and a well-maintained County road on the east, allowing for convenient drives to multiple grain markets at Marion and Hillsboro amongst others. If you are an investor and need a farmer to operate it, the current farmer has provided tremendous care and stewardship for the property for over 20 years. He is an excellentoperator and has expressed a strong desire to keep renting the property if the new owner would like to discuss. If you have been waiting to spend your money on high-quality cropland,this could very well be a once-in-a-lifetime opportunity to buy this incredible parcel! It’s time to act. Give Cameron Roth a call at 785-917- 0867 to setup a tour or for more information. Tract 1 is being offered both individually as well with the adjoining Tract 2 with the property selling in whichever format garners the most proceeds. We will take the high bid for Tract 1 and Tract 2 and total those numbers. We will then add a $50,000.00 escalator which is where the bidding for Tract 3 will begin. Auction Details:  Online auction to begin at 12:00 p.m. on 10/2/2024 and feature a dynamic closing to begin with Tract 1 at 11:00 a.m., Tract 2 at 1:00 p.m. and Tract 3 at 4:00 p.m. all on 10/4/2024.  (Any bids placed in the last 5 minutes will extend the closing by 5 minutes.) Legal Description: The NE 1/4 EXC all that part south and west of the center line of the Cottonwood River less ROW in Section 20, Township 20 South, Range 4 East of the 6th P.M. AND the SE4 lying E of CVD and the SW4 lying E of CTR Cottonwood River and SE4 lying inside CVD and N2 SE4 lying inside CVD in Section 17, Township 20 South, Range 4 East of the 6th P.M., Marion County, Kansas. 393 acres, more or less. Driving Directions from Marion: To reach the west boundary of the property, take Sunflower Rd. (Old Hwy 77) south for 2.1 miles and the property begins on the east side of the road. To reach the east boundary of the property, take Sunflower Rd. (Old Hwy 77) south for 3.6 miles to 150th St. and turn east. Proceed 1 mile to Timber Rd. and turn north. Go 1/2 mile and the property begins on the west side of the road. Watch for signs! Earnest Money: $200,000.00 due on day of auction.Minerals: The Seller's mineral interests transfer to the Buyer. Closing: On or before November 4th, 2024. Property Taxes: $7,231.28Buyer'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 Marion 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. Area Information: Marion County, Kansas, is a rural county located in the central part of the state, known for its scenic landscapes, small-town charm, and agricultural roots. Here’s a detailed overview of what makes Marion County unique: Location and Geography Marion County is situated in central Kansas, with a land area of about 953 square miles. Its rolling hills, prairies, and farmlands are typical of Kansas' Great Plains region, providing scenic views and a peaceful rural atmosphere. The county is bordered by Dickinson, Morris, Chase, Butler, Harvey, McPherson, and Saline counties. Two significant bodies of water define much of the recreational activity in the area: Marion Reservoir: A large lake popular for boating, fishing, camping, and wildlife watching. Marion County Lake: Another popular spot for outdoor enthusiasts, offering fishing, swimming, and picnic areas. County Seat: Marion The city of Marion, the county seat, was founded in 1860 and named after Francis Marion, a Revolutionary War general. It is home to about 1,800 residents and offers many essential services, including schools, healthcare facilities, and local businesses. The downtown area features historic buildings, some dating back to the 1800s, adding a touch of historic charm. History Marion County has a rich pioneer history, being part of the larger westward expansion of the United States in the 19th century. It was officially established in 1855. The Santa Fe Trail passed through the southern part of the county, which is now commemorated by historical markers.The area was largely settled by European immigrants, including German and Mennonite communities, who played a significant role in shaping the culture and agricultural development of the county. Peabody, one of the towns in Marion County, has several buildings listed on the National Register of Historic Places and boasts Victorian architecture.PopulationAs of recent estimates, the population of Marion County is around 11,000 people. The population density is low, providing ample space and a close-knit community atmosphere typical of rural areas. Towns in Marion County include Marion, Hillsboro, Peabody, Florence, Goessel, and several smaller communities and townships.Hillsboro, one of the larger towns, is home to Tabor College, a private Mennonite liberal arts college. The town is also a center for commerce and cultural events in the county. Economy Marion County’s economy is primarily driven by agriculture, with wheat, corn, soybeans, and cattle farming being common. The county's rural landscape and fertile land make it ideal for farming. Additionally, there is a growing interest in agribusiness and eco-tourism. Small businesses, manufacturing, and educational services also contribute to the local economy. Tabor College in Hillsboro provides educational and employment opportunities and is an important institution for the area. Outdoor Recreation Marion County offers a wealth of recreational opportunities:Marion Reservoir: Offers fishing for species like catfish, bass, and crappie, along with birdwatching, camping, and hiking. Marion County Park and Lake: Popular for its serene setting, ideal for family outings, swimming, and fishing.Hiking and Trails: The surrounding prairie and Flint Hills region provide plenty of hiking, birding, and nature-watching activities.The wide-open spaces and gentle rolling hills make it a great place for those who enjoy outdoor activities like hunting, fishing, and hiking. Community and Culture Life in Marion County is community-focused, with a variety of local events, festivals, and activities. These include: Hillsboro Arts and Crafts Fair: A well-known event that draws visitors from across the region.Old Settlers Day: An annual event in Marion that celebrates the county’s pioneer heritage with a parade, games, and family-friendly activities. Peabody’s Fourth of July Celebration: One of the oldest continuous Independence Day celebrations in Kansas, featuring a large fireworks display. Cultural institutions like museums, local theater productions, and historical societies help preserve and promote the county’s rich history. Education Marion County offers public education through several school districts, including USD 408 (Marion-Florence), USD 410 (Hillsboro), and USD 398 (Peabody-Burns). Additionally, Tabor College in Hillsboro provides higher education opportunities. Climate Marion County experiences a typical Midwestern climate, with hot summers and cold winters. Summers are ideal for outdoor recreation at the county's lakes and parks, while winters bring occasional snowfall. The area gets about 35 inches of rainfall per year, supporting the agricultural industry. Transportation and Accessibility The county is connected by several major highways, including U.S. Route 56 and Kansas State Highways 15 and 150. While it’s largely rural, Marion County's proximity to Wichita (just over an hour's drive) offers access to urban amenities like airports, shopping centers, and cultural attractions when needed. Local Government and Services Marion County is governed by a Board of County Commissioners and has various departments that oversee public services, including law enforcement, emergency services, road maintenance, and health services. Why People Live in Marion County Many people choose to live in Marion County because of its rural charm, affordable living, strong community values, and opportunities for outdoor recreation. It offers a quieter, more relaxed lifestyle while still providing essential services and being within driving distance of larger cities like Wichita and Salina. Marion County offers a great balance of peaceful country living with rich history, a friendly community, and ample outdoor recreation options.
TERMS AND CONDITIONS OF SALE SELLER: Calvert Family Partnership - Tract 3 ACREAGE: Selling as 393 acres more or less. BRIEF LEGAL DESCRIPTION: The NE 1/4 EXC all that part south and west of the center line of the Cottonwood River less ROW in Section 20, Township 20 South, Range 4 East of the 6th P.M. AND the SE4 lying E of CVD and the SW4 lying E of CTR Cottonwood River and SE4 lying inside CVD and N2 SE4 lying inside CVD in Section 17, Township 20 South, Range 4 East of the 6th P.M., Marion County, Kansas. 393 acres, more or less. 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 $200,000.00 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 were $7,231.38. 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 20th, 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 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. 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. 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.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 5% Buyer's Premium
Payment Terms
EARNEST DEPOSIT: Earnest money in the amount of $200,000.00 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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