Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, October 8th, 2024 at 2 PM (cst) | BIDDING CLOSING: Wednesday, October 16thth, 2024 at 2 PM (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! Exceptional opportunity to acquire 38.29+/- acres of prime land in Southeast Reno County, Kansas. This versatile property is ideally situated on Rayl Rd, just 2 miles east of Cheney Lake, offering a perfect blend of rural charm and convenient access. Located near the corner of E Maple Grove Rd and S Rayl Rd, just south of Saint Joe, this parcel is only 10 minutes from both Andale and Garden Plain. The property boasts productive, fully tillable Class II soils and level topography for agricultural production. It is also zoned R-1 and has electric service running along the frontage, opening up possibilities for residential use. Whether you're a farmland investor, a farmer looking to expand your operation, or someone dreaming of building your own country home, this parcel checks all the boxes. The paved blacktop road frontage ensures easy access, while the surrounding countryside offers potential for scenic views. Features 38.29+/- acres Blacktop Rayl Rd frontage Potential homesite Tillable farmland 2 miles east of Cheney Lake 10 minutes to Andale 10 minutes to Garden Plain Don't miss this rare opportunity to own a piece of prime Reno County land! Definition of 'selling by the acre': A method of sale often used for agricultural or undeveloped acreage in which bids are made based on a per acre price. By way of example, if a 160-acre parcel was offered “by the acre” the high bid may be $5,000 an acre. That amount would then be multiplied times the total acreage to arrive at a total bid price of $800,000 (plus Buyer’s Premium, if applicable). For the purposes of calculating the total sales price, the acreage will be rounded to the nearest whole acre. For example, a parcel with 158.7 acres would be offered as 159 acres or a parcel is 158.3 would be offered as 158 acres. There is a current tenant farmer agreement on the land for $50 an acre cash rent. The tenant will plant and harvest a wheat crop. Possession of the property will be given after the wheat harvest and this years cash rent will be prorated at the time of closing. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $15,000.
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