Olmitz, KS 67564 - Barton County

Auction Date: ONLINE ONLY AUCTION CLOSES TUESDAY NOVEMBER 10, 2020 AT 4PM

Auction Location: ONLINE ONLY AUCTION, DOWNLOAD THE SUNDGREN REALTY APP

PROPERTY DESCRIPTION: 160+- acres in Barton County, Kansas just north of Olmitz. There is blacktop frontage for 1/2 mile along the east boundary of the property, plus a township road along the south boundary. 137.21 acres are utilized as tillable farm ground according to the FSA office, with the balance in tame grass and shelter belt. A portion of the property is currently planted to Milo, Seller will retain the landowner share of that crop. The balance of the property is prepped and will be planted to Wheat this Fall, so the Buyer shall receive possession of the property at closing subject to that Milo harvest and subject to the Wheat harvest in 2021. The Buyer shall receive the landowner share (1/3) of the 2021 wheat crop and be responsible for the landowner share (1/3) of the input expenses.

LEGAL DESCRIPTION: The Southeast Quarter of Section 35, Township 17 South, Range 15 West of the 6th PM, Barton County, Kansas.

2019 REAL ESTATE TAXES: $2343.80.

Available Documents on our website:

FSA MAP

FSA DOCUMENTS

PRELIMINARY TITLE SEARCH REPORT

REAL ESTATE PURCHASE CONTRACT

TERMS: There will be a 10% Buyers Premium added to the high bid to determine the contract price. The property will be selling by the acre, your bid times 160. This property is selling in as is condition, not subject to financing, inspections, or appraisal. $25,000 earnest money will be required immediately following the auction via personal check, certified check, or wire transfer. That earnest money is non-refundable if the successful high bidder fails to close on the property per the terms stated. Sundgren Realty Inc. will be acting as Sellers Agents. The successful high bidder will be required to sign the real estate purchase contract linked above, and they will be buying the property subject to the preliminary search report also linked above.