Auction Information
Multi-Parcel Real Estate & Personal Property Auction
Saturday, September 21, 2019 9:00 AM
Auction Location: 3130 W. 119th St S, Peck, KS 67120
Seller: Carroll E. Kerley & Lourine M. Kerley Living Trust
REAL ESTATE at 10 AM
Tract 1- Home on 5 +/- Acres
Address: 3130 W. 119th St S, Peck, KS 67120
Description: 1966 all brick Ranch style home on 5 +/- acres. The home has 3 bedrooms, 2 full baths, 1 car attached garage with 1,488 finished sq. ft on the main level and 1,488 sq. ft. of unfinished basement. Home is all electric with central heat and air. There are 3 metal buildings and two small buildings.
Taxes: $2,239.52 If property sells as two parcels, the taxes will be prorated per parcel. Taxes will be prorated to the date of closing.
Open House: Sunday, September 15th at 2:00 4:00 PM
Possession: Possession will be upon closing.
Tract 2 28 +/- Cultivated Acres
Legal Description: 28...
Legal Description: 28 +/- Acres located in part of the W SE of 36-29-1W, Sedgwick Co., KS (full legal to be provided)
Description: 28 +/- acres of cultivation currently planted to milo. Soils are all Class 2 including Nalim loam (81.75%) and Blanket silt loam (18.25%).
Taxes: $2,239.52 If property sells as two parcels, the taxes will be prorated per parcel. Taxes will be prorated to the date of closing.
Possession: Possession will be after fall harvest. Current lease is on a 1/3-2/3 crop share.
Minerals: Sellers mineral interest will transfer to Buyer.
Auction Method: Tract 1 & 2 will be auctioned separately and then together. Bidding is open to buyers in the option they choose at any time during the auction. Whichever method brings the highest dollar
amount, individually or together, is how it will be sold.
Terms: 10% down on each tract as earnest money deposit due day of auction with balance due on or before October 21, 2019. The Buyer and Seller shall split equally in the cost of the 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. Property sells in as is condition. All inspections, if any, should be performed at buyers expense before the day of the auction. If the property sells in two parcels, the Seller will be responsible for the survey. Gene Francis & Associates is an agent of the Seller.
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