72.63+/- Acres Atchison County, Kansas
Selling in 4 Tracts At
UNRESERVED ONLINE AUCTION
January 31, 2023
Bidding opens January 17, 2023, and ends January 31, 2023, at 11:00 a.m. CST
Tract 1: 20.51+/- Acres
Description: This is Marlatt Construction Company, Inc.'s headquarters, which is well located to the northwest of and adjoining the Warnock Lake recreation area. The Atchison County tax records show 20.51+/- acres, of which 12.31+/- acres is dry cropland and tame grass. No crops are planted on the cropland within this tract. The remaining 8.2+/- acres is the working headquarters property with 6 buildings and 3 (10,000 bushel) grain bins. Pictures and descriptions of the 6 buildings, 3-grain bins, and a 40x8 shipping container can be seen as attachments to this online description.
A brief description of the buildings: 190 X 80 steel (6 overhead doors with openers);13.5 x 66.5 trailer house-office; 190 X 54 post-beam metal clad (3 large sliding doors); 60 X 30 insulated steel shop (overhead door with opener); 50 X 30 wood frame metal clad (one overhead door with opener); 125 X 47 Quonset (2 overhead doors with openers).
The bidding increments will be $50/acre. The final sale price will be calculated based on the total acres times the highest bid.
Open House on Tract 1, Monday, January 23, 2023, from 9:00 a.m. to 3:00 p.m.
Marlatt Construction Company Inc.
17834 274th Rd
Atchison, KS 66002
Informational Meeting & Auction
Holiday Inn Express & Suites
401 Main St.
Atchison, KS 66002
BigIron Realty Agents will be at the Holiday Inn Express, in Atchison, KS, on Tuesday, January 31, 2023, from 9:00 a.m. until the conclusion of the online auction. Please come during the times scheduled to discuss the land. BigIron Realty Representatives will be there to assist buyers with registering to bid and with bidding online. You do not have to be present to bid online, but you are required to be available by phone.
BIDDING PROCESS: You may place bids on this farm for 14 days beginning January 17, 2023, and ending January 31, 2023, at 11:00 a.m. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours before the auction closes or call 800-887-8625 for assistance. This is a court-ordered sale of the property. Therefore, all owners and their families are allowed to bid.
Legal Description: Section 11-6-20 E of 6th PM beginning at NE corner of SW 1/4, then South1,017.32 ft, then Southwest 752.5 ft, then North-northwest 1.372.95 ft, then east 837 ft. to the point of beginning. (20.51 acres).
2022 Taxes: $4,594.00
Land Location: 17834 274th Rd, Atchison, KS 66002
From the Hwy 73 and 59 intersections in Atchison, KS, go .8 tenths of a mile west on Hwy 59 to Rawlins Road. Go south on Rawlins Road .8 tenths of a mile to 274th Road Road. Turn west and go a half mile on 274th Road.
Mineral & Wind Rights: Seller’s mineral & wind rights pass to the buyer.
Water Rights: Pass to the buyer.
Possession: Pass to the buyer at closing.
Title Services:
O’Keefe-Wilson Abstracting Company, Atchison, Ks
Terms: The sale is subject to all rights of way and easements, whether recorded or not, and to oil and gas leases of record if any. The successful buyer will be required to enter a written purchase agreement immediately after the sale with a 10% non-refundable down payment made payable to O’Keefe-Wilson Abstracting Co., 414 N. 5thSt., Atchison, KS 66002 (phone 913-367-1642). The earnest money deposit can be made by personal check, company check, or wire transfer. The balance will be due at closing on or before February 28, 2023. The seller will provide a marketable title to the buyer, evidenced by title insurance. Title insurance and closing costs are split 50/50 between the buyer and seller. The buyer will pay additional title insurance required by a buyer's lender 100%. Real estate taxes will be prorated to the date of closing. The property will not be sold subject to financing. Have all financial arrangements made before the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.