Tract 2 - The Lyman Quarter
160 acres
160+/- acres with mineral rights
Legal description
The S1/2 of the NW1/4 and the N1/2 of the SW1/4 of Section 28-32-11 West of the 6th P.M. in Barber County, Kansas.
Directions
From Medicine Lodge, go approximately 2 miles east on US Highway 160 to Northstar Road, then south 2.2 miles to the property. Watch for signs.
Description
Tract 2, commonly known as “The Lyman Quarter,” is 160+/- acres of productive farm ground. This property is fenced on the north and east sides. AEC rural electricity and Barber Country Rural Water District No. 2 water run underground to the electric meter and a freeze-proof Ritchie automatic waterer on a concrete pad just to the south of the old barn. The seller’s mineral interest, believed to be 100%, shall pass with the land to the buyer.
Additional Information
The 80-acre tract of farm ground bordering this tract on the north is currently listed for sale with Great Western Auction and Realty, providing an opportunity to put together 240 acres of dry land farm ground into one piece.
Rent
The entire rent in the amount of $6,200 shall be credited to the buyer at closing.
Possession
At closing, subject to tenant’s rights.
2023 Taxes
$312.76
There are no bids for the lot at this time
Great Western Auction and Realty is pleased to be working for the Michael P. Newman Living Trust to offer 430+ acres of land in Barber County, Kansas, in an online-only auction that will close on October 4, 2024. Please check back frequently as information may be added or updated.
Registration deadline
Each bidder will require approval to place bids in this auction. Bidders unknown to us will require telephone confirmation before approval to bid is granted. It is in the bidders' best interests to register early to apply for approval to bid in this auction well before the day of the auction so that we have time to review and approve all interested bidders.
Bidding
Bidding shall be per acre and for the purposes of bidding the acres shall be calculated as 277 for tract 1 and 160 for tract 2, even though the exact acres might be slightly more or fewer. Auctioneer reserves the right to set bidding increments and may alter them accordingly during the auction to best facilitate a competitive event.
Extension time
Any bid placed on either tract within five minutes of the closing of bidding will extend the bidding for both tracts. Bidding will then conclude only once five minutes have elapsed without a bid being received on either tract.
Buyer's premium
No buyer's premium will be assessed on this auction.
Possession
Possession will be at closing, subject to tenants rights. See details for each tract for additional information.
Terms
10% down as earnest money will be due at the conclusion of the auction. The balance is due at closing on November 5, 2024, with Slamal and Swayden in Medicine Lodge, Kansas.
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 posted up to the day of the auction on this website take precedence over all printed advertising and previously made oral statements and previous postings on this site. Great Western Auction and Realty, LLC is an agent of the seller. The sale of this property is not contingent on or subject to inspections, financing, surveys or appraisals. The property is being sold for cash. Properties sell subject to seller confirmation.
Additional terms
By participating in this even, all bidders agree to abide by the Auction Terms and Conditions.
Additional information
This website may continue to be updated as the auction approaches. Please continue to check back regularly for updated information about the auction and the property in it.
United States