1601 Kansas, Sedan, KS 67361 - Chautauqua County

Auction Date: FRIDAY MARCH 11, 2022 2:00 PM

Auction Location: SEDAN COMMUNITY BUILDING (GOLF COURSE), 1964 KANSAS RD, SEDAN KS

PROPERTY ADDRESS: 1601 Kansas Rd., Sedan, Kansas 67361

PROPERTY DESCRIPTION: 726.7 acres located in the hills of Chautauqua County, Kansas northwest of Sedan. Kansas Rd. splits this ranch into a north portion and south portion. Nearly 1 1/2 miles of Middle Caney Creek runs through the south portion of this scenic ranch, offering a rare opportunity to purchase such a lengthy stretch of the exceptional water resource all on one property. Other features of the south portion include 2 ponds, pasture, an abundance of quality hardwood trees, and spectacular elevation changes. There is almost 1 mile of abandoned Railroad Tracks on this portion of the property, popularly known as a natural traffic way for Kansas Whitetail Deer and other wildlife. A beautiful old Native Stone barn is located along the road, as well as a homestead area with a house and buildings that have some potential utility with some work and cleanup. A rural water meter will transfer to the Buyer. Native stone fences throughout portions of the interior offers a glimpse into the past, when intense labor was required to build such a relic. Large unique natural rock formations are found throughout this property, providing hours of exploring and visual enjoyment. The north portion of the ranch has 2 more ponds, three heavily wooded areas, open native bluestem pasture, a creek, and some old homestead remnants. The was some past oil production on the property with pump-jacks and tank batteries still present.

LEGAL DESCRIPTION: 726.7 taxable acres located in Sections 25, 30, 31, and 32, Township 33 South, Range 11 East of the 6th PM, Chautauqua County, Kansas. Long exact legal noted in the hyperlink below titled Auction Report.

2021 REAL ESTATE TAXES: $3286.93

EARNEST MONEY: $150,000

TERMS: Earnest money amount is specified above and due at the conclusion of the Auction with the balance due upon Sellers submission of merchantable title and closing. Closing date shall be on or before April 12, 2022. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways and rights of way. This property is not selling subject to financing, inspections, or appraisal. Interested buyers need to view the property prior to the date of the auction and have financing available and any inspections performed prior to bidding. All pertinent information is available upon request. All announcements made the day of the auction take precedence over any other announcements or printed material.