1672 8th St. Severy, KS 67137

LIVE AUCTION - OCTOBER 23rd, 2021 - PERSONAL PROPERTY SELLS STARTING AT 9:30 AM - REAL ESTATE SELLS AT 12:30 PM AUCTION LOCATION - 47 T Rd., Severy, KS 67137 TRACT 1 – 1 ½ story House & Outbuildings on approx 4.50 Acres +/- (to be surveyed) 47 T Rd., Severy, KS Nicely updated farmhouse on a small tract with lots of features! House is 1,949 s.f. with 4 bedroom & 2½ bathrooms. The main level was remodeled in the late 90's with the large dining room being added at that time. The kitchen is spacious with lots of counter and cabinet space and features a built in wall oven! The master bed/bath features 2 large closets and a corner Jacuzzi bathtub. Outside you will find numerous buildings, improvements, and livestock pens all set up to work efficiently and effectively. The garage is 24'x40' with two bays, concrete floor, and enclosed storage room. The open front equipment shed is 26'x48' and the livestock shed is 32'x48' with additional storage space for equipment. Also included is a 34'x40' livestock shed, a 12'x25' garage, and several other storage sheds! Too much to list, this property is a must see! Add the additional tracts with it and have a complete farm! 2020 RE TAXES: $1373.86 (includes Tract 2) LEGAL: N/2, SE/4, S17, T28S, R11E, GW Co., KS (to be surveyed if sold separate from Tract #2) TRACT 2 – Approx 71.75 Acres +/- (to be surveyed if sold separate from Tract #1) Tract features approx. 33 tillable acres, with the remainder being grass with current oil production. There is a 30'x72' clearspan fabric covered Building at southeast corner of property. Mineral rights will convey to buyer. Owner's 2021 oil royalty is $4,515.90 for the first 8 months; the 5 year average is $3,428.87. This is an excellent and diversified income producing property! 2020 RE TAXES: $1373.86 (includes Tract 1) LEGAL: N/2, SE/4, S17, T28S, R11E, GW Co., KS TRACT 3 – 16.50 Acres +/- 1672 8th St., Severy, KS 16.50 Acres of grass pasture. Mineral rights will not convey to buyer. 2020 RE TAXES: $47.10 LEGAL: Part of the SW/4, NE/4, S17, T28S, R11E, GW Co., KS (exact legal available by request) TRACT 4 – 31.65 Acres +/- Good cool season grass pasture or hay meadow, with a pond and excellent perimeter fence! This is would make a good future home site or additional pasture for your cattle operation. Owners portion of mineral rights convey to buyer. Don't miss this great opportunity to own your own rural property! 2020 RE TAXES: $90.72 LEGAL: Part of the SE/4, NE/4, S17, T28S, R11E, GW Co., KS (exact legal available by request) COMBINATION OF TRACTS 1 & 2 – 76.25 Acres +/- COMBINATION OF TRACTS 1, 2, 3, 4 – 124.40 Acres +/- Will offer tracts individually & then combined in tracts. TERMS OF SALE: A non-refundable down payment/earnest money of $10,000 (Tract 1), $10,000 (Tract 2), $3,000 (Tract 3), & $5,000 (Tract 4) to be applied to the purchase price, will be required at the close of the sale with the signing of the purchase agreement. Acreage will open at $1,000/acre. The balance of the purchase price will be due at closing in certified funds. Property will not sell subject to financing, appraisal, inspections, or survey and is selling in its present condition without warranty. Buyer and Seller shall equally share the cost of the title insurance & closing fee. Closing date shall be on or before November 26th, 2021. Buyer will take immediate possession on approval of title & full payment of purchase price. Statements made the day of the sale will take precedence over any prior statements made or implied. Seller reserves the right to accept or reject the final bid.