McCurdy Absolute Auction - Thursday, August 26th, 2021 at 2:05 PM

Farm/Ranch for Sale
Sale Pending
Catylist Listing ID: 30751994
Property Subtypes: Livestock, Ranch
Status: Pending
Gross Land Area: 61 - 62 Acres
Sale Price: See Agent
Sale Terms: Other
Up For Auction: Yes
Auction Type: Absolute
Cap Rate: Undisclosed
Last Updated: 8/27/2021

Overview / Comments

ONLINE ONLY!!! NO MINIMUM, NO RESERVE!!! 61.2 +/- acres in Sedgwick, Kansas! 

Zoned Rural Residential 
Approximately 75% is tillable with 14% grass/pasture
Multiple outbuildings/lean-tos for livestock, hay, or equipment
Potential homesite development
Less than a 30-minute drive to Wichita
Halstead School District
Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Tuesday, August 17th, 2021 at 2:00 PM (cst) | BIDDING CLOSES: Thursday, August 26th, 2021 at 2:05 PM) (cst).  Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment.

Land is farmed by a tenant farmer under an unwritten lease with a crop share rental arrangement (1/3 to landlord, 2/3 to farmer). Current stand of corn will be removed prior to closing. Farmer then intends to plant winter wheat. All mineral and water rights will transfer to the buyer. The well by structures was used years ago to water livestock but not sure of the current working condition.

By the Acre: 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 sales price of $800,000.

Additional Details

Nearest MSA: Wichita
County: Harvey
Tax ID/APN: 087041010340000100
Property Visibility: Excellent
Zoning Description: Rural Residential
Topography: Level

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Demographic Statistics

Proximity: 5 miles
Total Population: 4,464
Median Age: 38.6
Households: 1,618


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