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Land Auction - Gene Francis & Associates

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Tuesday, February 13th, 2024 at 11:00 AM - Wichita, KS
Live and Online – Multi-Parcel in 3 Tracts
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Location Located at the northeast corner of Tyler Rd & MacArthur Rd in Wichita, KS. Description Offering approximately 68 acres in Sedgwick County, Kansas, in three tracts, this property sits in southwest Wichita, Kansas, and features convenient blacktop frontage via Tyler Road & MacArthur Road. The availability of electricity adds to its development potential. Located in the Haysville School District. Zoned as SF-20 Single Family & Rural Residential, this land presents an opportunity for development, home sites, or agricultural investment. Tract 1: 20 ± acres to all cultivation with a historical red barn on the northeast corner of Tyler Rd & MacArthur Rd. The 1909 barn is approximately 30 x 45 feet full of charm with a tin roof. This tract is zoned SF-20 and offers great potential for housing development or single family use. Tract 2: 20 ± acres with approximately 16 acres of fenced pasture, 1-acre pond, and balance to cultivation with Class 2 and 3 soils. This tract offers potential for single family use or housing development with SF-20 and Rural Residential Zoning. Tract 3: 28.2 ± acres of quality Class 1 bottom ground cultivation. Although a majority of Tract 3 is in the floodplain making it difficult to develop, the quality soils produce fantastic crop yields. Soil Types: 40% Class 1 Elandco silt loam & Vanoss silt loam, 0-1% slopes; 44% Class 2 Nalim loam, 1-3% slopes, Vanoss silt loam, 1-3% slopes, & Elandco silt loam; 16% Class 3 Milan loam, 3-6% slopes Crop Insurance Yield Information: Corn - 133, Soybeans - 38, Double Crop Soybeans - 28 Mineral Rights Seller’s mineral interest will pass to the Buyer. Water Rights Taxes 2023 Taxes are $512.92. Taxes will be prorated to the date of closing. Possession Possession will be upon closing. Terms Earnest money required and shall be paid the day of the auction. Tract 1: $10,000; Tract 2: $10,000; Tract 3: $10,000 with the balance due on or before March 13, 2024. The property is selling in “as is” condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer's responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of 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 the day of the auction take precedence over all printed advertising and previously made oral statements. Gene Francis & Associates and Gavel Roads are agents of the Seller.

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