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GONE! ABSOLUTE FARM AUCTION

130 Acre Linn County, KS Farm


REAL ESTATE SOLD PRIOR TO AUCTION!

On Site Auction of truck, trailors, boats, sporting goods, tools and farm equipment will take place April 28th beginning at 12:30PM.

LIVE ON-SITE AUCTION
Began: 04/28/11 at 12:30 PM CDT
Location: 24128 Young Road, La Cygne, KS 66040
INSPECTION
Began: 04/17/11 at 2:00 PM CDT
Ended: 04/17/11 at 4:00 PM CDT
Location: 24128 Young Road, La Cygne, KS 66040

INSPECTION
Began: 04/24/11 at 2:00 PM CDT
Ended: 04/24/11 at 4:00 PM CDT
Location: 24128 Young Road, La Cygne, KS 66040


FAST FACTS

  • 130 Acre Farm m/l
  • Furnished 2138 SF 4 Bedroom Farm House
  • 2 Car Garage/Workshop
  • 2 Outbuildings
  • 5 Acre Stocked Lake & 2 Ponds
  • 2034’ Road Frontage m/l
  • Easy Access to US-69 and KS-152
  • 2010 Linn County Taxes $2110.74
  • La Cygne 362 School District
  • Minutes to La Cygne Lake & Wildlife Area

 

THE LAND

This picturesque 130 acre farm offers hilltop scenic views, gently rolling hills, open pastures, lots of hardwood timber, 5 acre stocked lake, 2 ponds, abundant wildlife and would make for a great weekend retreat, hobby farm, hunter’s paradise or investment opportunity.  This property has approx. 2034’ of road frontage and is located just minutes to La Cygne Lake and wildlife area.

 

Features

  • 130 Acres m/l
  • 5 Acre Stocked Lake m/l
  • 2 Ponds
  • Rolling Hills
  • Open Pastures
  • Lots of Hardwood Timber
  • Hilltop Scenic Views
  • Wildlife Galore

 

THE HOME

This nice 4 bedroom, 2 bath farm house is being sold furnished and offers low maintenance vinyl siding and vinyl thermo pane windows throughout.  With plenty of finished living area, this home has plenty of room to entertain or just enjoy quiet evenings on the screened in porch watching the wildlife

 

Main Level

Country Kitchen: 23×11, vinyl, lots of cabinets, refrigerator, stove, trash compactor,

dishwasher, sm. appliances, bar stools, kitchen table & chairs

Three Quarter Bath: vinyl, marble top vanity, shower, toilet

Family Room: 20×11, carpet, brick wbfp, ceiling fan, sofas, tables, lamps, leather recliner, TV, pictures,

Full Bath: vinyl, vanity, tub/shower, toilet

Bedroom 1: 15×10, carpet, ceiling fan, closet, 2 beds,

Screened in Porch: 22×10

 

Upstairs

Bedroom 2: 10×10, carpet, ceiling fan, closet, bed, night stand 

Bedroom 3: 12×13, carpet, ceiling fan, closet, bed, chest, night stand

Bedroom 4: 13×11, carpet, ceiling fan, closet, 3 pc. bedroom set

 

Finished Basement

Kitchen: 11×9; vinyl, cabinets, gas stove, refrigerator, stack washer/dryer

Living Room/Dining Room: 24×14, vinyl, brick wbfp, ceiling fan, sofa, 2 chairs, end

table, kitchen table, picture, lamp, etc.

Covered Patio

 

Attached Garage/Workshop

2-Car Garage/Workshop: 24×17; 2 newer Genie openers, workbench, workshop

 

Features 

  • 4 Bedrooms, 2 Baths, 2 Kitchens, 2 Fireplaces
  • Approx. 2138 SF Finished Living Area
  • Low Maintenance Vinyl Siding
  • Energy Efficient Vinyl Thermo-pane Windows
  • Heil Quick Comfort II Gas Furnace & Central Air
  • 2 Car Attached Garage/Workshop

 

THE OUTBUILDINGS

There are three outbuildings on the property that consist of a 24×36 2 story wood barn, a 12×24 chicken coup and pump house.  The outbuildings are in need of repair.

 

AUCTIONEER’S NOTE:

Due to the death of Bob Newell, we have been selected to sell the farm and contents at absolute auction (selling to the highest bidder with no minimum bid) on Thursday, April 28 at 12:30 p.m.!  The farm will be open for your inspection on Sunday, April 17th & April 24th from 2:00 to 4:00 pm. If you have any questions or need additional information, please let us know. We look forward to your participation in the auction!

Sincerely, Jeff Cates

 

Truck, Trailers & Boats

1959 Ford F-100 Custom Cab, straight 6 , 3 speed on column-needs work; Kayot 24’ pontoon boat on Rolco tandem axle trailer-needs work; Bass Hound 10.2 plastic 2-man boat w/trolling motor;  14’ V bottom boat-aluminum; Johnson 50 Powershift II outboard motor; 16’ tandem axle trailer

Sporting Goods

Browning .22 cal short/long lever action rifle w/scope; Crossman .22 cal pellet gun-CO2; Hummingbird LCR 120 depth/fish finder; Eagle Magna II depth/fish finder; 3 cases Champion clay pigeons; fishing tackle/boxes/poles; 21 cases Butane fuel cartridges (120+ cans); Boyt ‘42 leather US holster, etc.

Tools

Huge vintage combination steel safe; Craftsman: 20 hp 6 speed lawn tractor w/44” deck; 5hp 25 gal air compressor-electric; Gorilla shelving (5) & work bench; 1 ½ ton floor jack; Black & Decker & Dura Craft bench grinders; 14 pc open ended wrench set; Wards ¾” socket set; Toro: GTS electric start self propelled 21” mower, electric start gas powered snow blower; 6/12 volt battery chargers-several; misc hand & lawn/garden tools; fence stretchers; misc auto body hammers; nut/bolt bins; ½” electric drill; 5” bench vice; drill bits; 5’x12’ metal culvert/tin whistle; 400 gal fiber glass tank on frame; 300 gal (est) round fuel tank on stand; lots scrap steel; lots used lumber; Husquavarna 44” & 61” chainsaws, etc.

Farm Equipment

(2) 5500 Hesston round bailer-1 works, 1 parts; 1090 Hesston swather-parts; New Holland 492 swather-works; New Holland 315 square bailer, twine-parts; New Idea side delivery rake-works; ½ ton pickup bed trailer; Didier Mfg. log splitter tractor mount; 6’ 3pt. blade, etc.  

AUCTION TERMS AND CONDITIONS:

REGISTRATION:

Registration will begin one hour before the auction. All bidders must provide name, address, phone number, social security number, and a valid driver’s license. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms and Conditions.

DOWN PAYMENT:

The successful bidder(s) shall be required to make a 10% down payment of the total purchase price at the auction site immediately following the close of bidding.  Cash, cashier’s check or personal or business check will be accepted for the down payment

FINANCING:

Financing is not a contingency of sale in this offering. Therefore, it is strongly recommended that potential bidders ensure in advance that they are able to obtain the necessary financing to close the transaction.

CONTRACT SIGNING:

The successful bidder(s) shall execute a purchase agreement at the auction site immediately following the close of bidding. All final bid prices are subject to Seller approval, unless announced otherwise. 

CLOSING:

Buyer(s) shall close within 30 days of the auction date. Possession will be delivered at closing subject to any remaining rights of the current tenant(s).

EVIDENCE OF TITLE

Seller shall furnish at seller’s expense an Owner’s Policy of Title Insurance in the amount of the total purchase price and shall execute a general warranty deed conveying the real estate to the buyer(s).

REAL ESTATE TAXES & ASSESSMENTS:

2011 taxes are to be prorated as of the closing date.

EASEMENTS AND LEASES:

Sale of said property is subject to any and all easements of record and any and all leases.

AGENCY:

Cates Auction & Realty Co., Inc. and its representatives are Exclusive Agents of the Seller.

BUYER’S PREMIUM:

A buyer’s premium of ten percent (10%) shall be added to the high bid and included in the total purchase price to be paid by the successful bidder(s).

BROKER PARTICIPATION:

A commission will be paid to any properly licensed Broker who registers a successful buyer according to the appropriate Broker Participation Agreement. This form is available from the Auction Company and must be completed and returned no later than 48 hours prior to the auction.

DISCLAIMERS AND ABSENCE OF WARRANTIES

The information in the auction advertising was obtained from sources believed to be accurate, but is subject to verification by all parties relying on it.  All sketches and dimensions are approximate.  No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All bidders are responsible for conducting their own inspections, investigations, inquiries and due diligence concerning the property. The property is being offered on an “AS IS”, “WHERE IS” basis and no warranty or representations, expressed or implied, is made by the Seller or the auction company. All announcements made by the Auctioneer during the auction take precedence over any previously printed material or any other oral statements made. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. Advertising may contain pictures of wildlife and other items that are for illustrative purposes only. The Auctioneer reserves the right to bid on behalf of the Seller up to, but not beyond the Seller’s reserve (if applicable). The Property is available for and subject to sale prior to auction.

ONLINE PRE-BIDDING OPTION

For Live On-Site Real Estate Auctions

(All standard published Terms & Conditions for the auction apply)

 

Pre-bidding allows interested buyers another avenue for bidding on a property. Pre-bidding is available via the internet and requires advance registration. The pre-bidding period closes 24 hours prior to the start of the live auction and the highest online pre-bidder will be represented in the auction by a licensed Cates auctioneer. Note that a pre-bid is different than a pre-auction offer. For questions on pre-bidding or making an advance offer to buy the property, please call the Cates office at 816-781-1134.

 

REGISTRATION FOR ONLINE PRE-BIDDING:  Proper and complete online registration is required to pre-bid online. All bidders must provide name, address, phone number, and email address to register. A credit card (MC or Visa) is required to actually place a bid on the property. The credit card will be validated before bidding access is granted, but is NOT a recognized form of payment of the deposit or purchase price. Should a Winning Bidder fail to complete the contract signing process, the required deposit will be charged to the credit card provided at registration. By registering, all bidders acknowledge having read and agree to be bound by the Auction Terms & Conditions. During online registration bidders are given the option of receiving emails confirming their individual bids and/or when they are outbid.

 

NOTE: Read all terms & conditions for the auction prior to registering or bidding. Completing registration is an acceptance of and agreement to these terms, including contractual and financial obligations, should you be the winning bidder. 

 

ONLINE PRE-BIDDING PROCESS:  To place a pre-bid, properly registered bidders enter their “maximum” bid and click the “Place Bid” button. Each time that bidder is outbid by someone else during the pre-bidding period the system will automatically bid on their behalf at the established bid increments up to their personal maximum. The system will not advance a bidder’s bid against himself. Online pre-bidding will close 24 hours before the published start time of the live onsite auction. The highest online pre-bid will be the opening bid at the live onsite auction. This bidder will receive an email notification of his or her status moving into the live auction. (The highest online pre-bidder will be represented by in the live auction by a Cates staff member as described below. Unsuccessful online bidders may participate in the live auction but must register and receive a bidder number onsite.)

 

FINAL BIDDING LIVE, ONSITE:  Onsite bidding uses with the highest online pre-bid as the starting bid for the live auction. If that bid is not advanced by an onsite bidder, the highest online bid will be declared the winner. Conversely, if a bid exceeding the highest online pre-bid is placed by an onsite bidder, an authorized Cates representative will bid on behalf of the online bidder until such bidder has the final high bid or until such bidder’s maximum bid (entered at online registration) has been exceeded by an onsite bidder. All bids will be advanced according to the auctioneer’s required increments and no bidder will be allowed to bid against himself.

 

CONTRACT SIGNING and PAYMENT OF DEPOSIT:  Following the auction, the online bidder will be notified of the outcome. All documents requiring signatures, including the filled out Real Estate Sale Contract will be sent via email. The signed documents must be delivered to the Cates Auction & Realty Co., Inc. by the close of the business day following the auction (Auction office: 1440 Iron Street, North Kansas City, MO 64116). The required deposit, as described in the auction terms and stipulated in the Sale Contract, must be paid in certified funds or by wire transfer by the same deadline. A winning bidder whose documents and deposit are not received within the required timeframe is subject to liquidated damages equal to the amount of the down payment (all or part of which will be charged to the credit card used at registration) and will not be allowed to bid in any future Cates Auction & Realty auction events.

 

All property-specific purchase documents are available prior to the auction and any professional reviews of such documents should be undertaken prior to bidding. All final bids are subject to Seller’s reserve, unless or until stated otherwise. If the high bid falls below the seller’s reserve the signed contract and accompanying deposit will be presented to the Seller for approval, which shall be given or denied in the Seller’s sole discretion within 5 business days. If approval is denied, all documents and the deposit will be returned immediately.

Video: Linn County KS Absolute Farm Auction

I-35 to US-69 S/Overland Pkwy, south 45 miles to KS-152., east becomes 2200 Rd., continue east 3.5 miles to Young Rd., then north 2 miles to 24219 and farm.

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