146 +/- ACRES ON CR 4400
ELK CITY, KS 67344

Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, October 15th, 2024 at 2 PM (cst) | BIDDING CLOSING: Wednesday, October 23rd, 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!!! Discover 146 ± acres of truly breathtaking recreational land, offering a perfect blend of natural beauty and tranquility. This exceptional property features rolling terrain, mature trees, and three serene ponds, creating the perfect retreat. A prepared 1-acre home pad site on top of the hill is complete with power and water and ready for you to build the home of your dreams. From this elevated spot, you can enjoy stunning panoramic views of the pond and landscape below. Heavily wooded areas throughout the land provide ample privacy and a great variety of wildlife. There’s even a dedicated area prepped for the potential expansion of a larger pond, offering further opportunities to enhance the beauty and functionality of this land. SW corner of CR 440 & CR 1550 (blacktop) Gravel driveway app from CR 4400 15 miles west of Independence 15 miles from Elk City State Park 3 newly dug ponds for livestock, fishing, and hunting Corrals for working cattle Current oil lease RUTLAND TOWNSHIP, S31, T32, R14, ACRES 72.61, E/2 NW/4; LESS R/W Deed Book/Page 705 /1127 644 /759 633 /1070 616 /952 596 /596 575 /774 546 /728 427 /027 383 /219 299 /031 RUTLAND TOWNSHIP, S31, T32, R14, ACRES 73.26, LTS 1 & 2; LESS R/W; EX ALL OIL, GAS & MINERALS Deed Book/Page 705 /1129 644 /759 633 /1070 616 /952 596 /596 575 /774 546 /728 427 /027 383 /219 299 /031 This exceptional acreage is the ultimate canvas for your dream home or recreational escape. Don’t miss the chance to own this piece of paradise! Seller’s mineral rights convey to the buyer but there is a current oil/gas lease on the property. 2023 production was approximately $14,000 but no production in 2024. Seller is of the opinion that oil/gas lease may be able to be purchased back from Lessee. Seller is interested in negotiating a post-closing lease for grazing rights, if mutually agreeable with buyer.  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. *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 $30,000.

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