Auction: Calvert Family - Tract 2 - 252 +/- Acres - Marion Co ks
Our company is honored to represent the Calvert Family Partnership with the offering of these ultra-productive and efficient cropland parcels situated on the Cottonwood River in Marion County, Kansas located just south of Marion via online auction. This is the auction that both the discerning farmer and investor have been awaiting. There's no excuse to sit on the sideline here if you're searching for top-shelf riverbottom tillable with premium soils. If you're going to buy farmland, you might as well buy the best, as opportunities of this magnitude don't present themselves often. Answer the door as opportunity is knocking loud and clear! The auction will start at 12:00 p.m. on 10/2/24 and end on 10/4/24 with a dynamic closing beginning at 11:00 a.m. on Tract 1, 1:00 p.m. on Tract 2, and 4:00 p.m. on Tract 3. Please contact us for more information or to discuss auction registration. Tract 2 features 252 enviable acres more or less and boasts excellent soils, good drainage, Cottonwood River frontage and enough hardwood timber to offer plenty of hunting appeal. According to FSA records, the total cropland acres are 224.49 with the overwhelming majority of soil types being Verdigris and Chase varieties. For the hunter, there's a lot to like here, starting with the heavy hardwood timber along the river and connecting drainage. This is a heavily used travel corridor sitting far from bordering roads, giving the deer plenty of quiet privacy from vehicles and prying eyes. Like Tract 1, the location is excellent although this parcel features both pavement frontage along the west boundary and good gravel road access along the east boundary. If you are an investor and need a farmer to operate it, the current farmer has provided excellent care and stewardship for the property for over 20 years. He is an excellent operator and has expressed a strong desire to keep renting the property if the new owner would like to discuss. If you have been waiting to spend your money on high-quality cropland, this could very well be a once-in-a-lifetime opportunity to buy this incredible parcel! It's time to act. Tract 2 is being offered both individually as well with the adjoining Tract 1 with the property selling in whichever format garners the most proceeds. We will take the high bid for Tract 1 and Tract 2 and total those numbers. We will then add a $50,000.00 escalator which is where the bidding for Tract 3 will begin. Auction Details: Online auction to begin at 12:00 p.m. on 10/2/2024 and feature a dynamic closing to begin with Tract 1 at 11:00 a.m., Tract 2 at 1:00 p.m. and Tract 3 at 4:00 p.m. all on 10/4/2024. (Any bids placed in the last 5 minutes will extend the closing by 5 minutes.) Legal Description:The SE4 lying E of CVD and the SW4 lying E of CTR Cottonwood River and SE4 lying inside CVD and N2 SE4 lying inside CVD in Section 17, Township 20 South, Range 4 East of the 6th P.M., Marion County, Kansas. 252 acres, more or less. Driving Directions: From Marion, take Sunflower Rd. (Old Hwy 77) south for 2.1 miles and the property begins on the east side of the road. Watch for signs! Earnest Money: $130,000.00 due on day of auction. Minerals:The Seller's mineral interests transfer to the Buyer. Closing:On or before November 4th, 2024. Property Taxes:$4,544.46 Buyer's Premium: There will be a 5% buyer's premium added to the high bid to determine the final contract price with that total being paid by the Buyer. Disclosure: Yellow boundary property lines in the pictures are approximated for reference only. Please refer to the aerial map provided by the Marion County Appraiser's office in reference to property lines. Dynamic Closing:If there are any bids within the last 5 minutes of the auction, the auction closing time will extend for 5 minutes. Please note, this will continue until there are no bids within the last 5 minutes and could extend the closing several times