Manhattan, KS 66503 - Riley County

918 acres Riley County Multi-Parcel Land Auction, Tuesday, March 3, 2020 at 7:00 PM

Auction Location: 6040 N 52nd St, Manhattan, KS

LOCATION

TRACT 1: From Hwy 77 and N. 48th St, turn east on N. 48th St. and travel a 1/2 mile to the green gate on north side.

TRACT 2: From Hwy 77 and W. 59th Ave., turn east and travel 1 miles to driveway on the south side.

DESCRIPTION

TRACT 1 323 acres+/-: A tract of land situated in the E1/2 of the SE 1/4 of 21-9-7E and all of the N1/2 of 21-9-7E, Riley Co., KS (brief legal). This tract consists of pasture, hay meadow, timber, stocked pond, spring fed creek, spring tanks and wildlife habitat. Soil types are Class 6 47% Benfield-Florence complex, Class 6 47% Clime-Sogn complex, Class 4 6% Dwight-Irwin complex.

TRACT 2 595 acres+/-: All of 16-9-7E except the NE1/4 of the NE1/4 less a tract containing 4.84 acres, Riley Co., KS (brief legal). This tract consists of pasture, meadows, timber, stocked pond, spring fed creek, spring tanks, wildlife habitat, former home site, three car garage, Butler building with indoor cattle chute, loafing shed, pens, overhead bin and waterers. There is electricity and well with rural water available. Soil types are Class 5 5% Ivan silt loam, Class 6 69% Benfield-Florence complex, Class 6 11% Clime-Sogn complex, Class 3 2% Tully silty clay loam, Class 2 5% Reading silt loam and Class 3 9% Wymore-Kennebec complex.

Beautiful setting that borders Tuttle Creek Lake. Both parcels have been well maintained rangeland. Parcels have been switched from north to south for summer and winter grazing. The native grass bedding, water source and pockets of quality soil are all characteristics for great upland and bottomland deer, waterfowl, and game fowl hunting. Fences are in fair to good condition. The entire property is located in the Manhattan Area Urban Comprehensive Plan. It is a prospective low density building development. Contact Riley County Planning and Development for more information.

MINERAL RIGHTS

Sellers mineral interest will transfer to Buyer.

WATER RIGHTS

TAXES

TRACT 1: $402.08 for 2019. Taxes will be prorated to day of closing. TRACT 2: $2,415.54 for 2019. Taxes will be prorated to day of closing.

POSSESSION

Buyer shall receive possession upon closing.

TERMS

$50,000 down as earnest money deposit due day of the multi-parcel auction with the balance due on or before closing date of April 3, 2020. The sale is subject to all easements, restrictions of record and leases. All inspections should be made prior to the day of sale. All property is sold on an AS-IS-WHERE IS basis with no warranties or guarantees, either expressed or implied. The Buyer and Seller shall split equally in the cost of title insurance and the closing fee. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Statements made day of the auction take precedence over all printed advertising and previously made oral statements. Gene Francis & Associates is an agent of the Seller.

AUCTION METHOD: Tracts 1 and 2 will be auctioned separately and then together. Whichever brings the highest dollar amount, individually or in combination, is how it will be sold.