33 Acres +/- w/ House & Outbuildings - 1987 380th St., Madison, KS

Seller - Gober Family Revocable Trust

CONTRACT PRICE IS THE FINAL BID PLUS A 10% BUYERS PREMIUM

We are honored to offer this 33 acre +/- tract of premium recreational land with improvements located just 1 mile North of Madison, KS, selling at online auction on Wednesday, February 12^th, 2025. This property offers a tremendous amount of appeal with just a short drive from town and easy highway access.  This property is full of interesting history from the abandoned railroad right of way running across the property to the cemetery dating back to the mid 1800’s sitting adjacent to the railroad.  The Kelly Branch creek running through the property meets the Verdigris River just a half mile south of the property.  This creek offers excellent running water for livestock and wildlife as well as adding to the overall beauty and character of this tract.  The house sits back off the road with a picturesque tree lined driveway running up the hill to the farmstead offering seclusion but very easy access to the highway.

The 2 bedroom house has 819 sq. feet with a full unfinished basement and large screened front porch.  The house has central heat & air and utilities include rural water, electric & propane tank.  The washer and dryer in the basement are included as well as the gas range in the kitchen.  The outbuildings and improvements are older and include a livestock barn, shop, garage, storage shed, and cattle pens.

If you are looking for a recreational property, this tract features a good balance of timber, cover, and grass meadows allowing for excellent whitetail deer and turkey hunting.  Several of the secluded meadows would yield themselves well to make highly productive food plots.  As evidenced by the pictures, this property attracts a healthy population of Whitetail deer activity.

If you are looking for a property to raise livestock or start your own farm, this property has good exterior boundary fences along with livestock pens, sheds and sufficient water.  This would make a great place to start your own small scale or hobby farm!

This property packs a lot of features into an affordable sized tract that you will definitely want to take a look at if you are in the market for an improved small acreage with some seclusion and easy access to a paved highway!

LEGAL DESCRIPTION: The SE/4 of the SE/4, Less Road Right-of-Way, Section 2, Township 22, Range 11 East of the Sixth Principal Meridian, Greenwood County, Kansas.  (32.60 Taxable Acres - To be legally described in deed.)

TRACT LOCATION: From Madison, proceed North on Highway 99 to 380^th St., then turn West on 380^th St.  Property is on the NW corner of the intersection.

2024 REAL ESTATE TAXES: $720.40

TERMS OF SALE: 32.60 Taxable acres, will be selling by the total dollar. The contract price will be the final bid plus a 10% buyers premium. A non-refundable down payment/earnest money of $25,000 will be required at the close of the auction along with the signing of the purchase agreement. Earnest money will be applied to the purchase price at closing. 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. 2025 real estate taxes will be prorated to the date of closing. Closing date shall be on or before March 12th, 2025. Possession will be on the date of closing. Inspection of property will be by appointment only and can be made by calling Alan Johnson @ 620-750-0093 or Lane Johnson @ 620-750-0217. JOHNSON REALTY will act as the agent for the Seller. 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.

DOCUMENTS:  Please see the documents tab for a copy of the contract & the preliminary title report.

AUCTIONEER NOTES:

• Rural Water – GW Co. RWD #3 – Transfer fee of $50 will be split equally between Buyer and Seller.  Water was last turned on in 2020.  Condition of pipes and line from meter to house are unknown.  Property has been winterized according to seller.
• Propane Tank is leased through MFA in Emporia (620)-342-2835.  (New owners lease on tank will be $60/year).  Any propane in tank will transfer to buyer.  Tank is 320-gallon, built in 2007 and shows 55% fill (as of Jan. 14, 2025) which would equal approx. 175 gallons in tank.
• Electric service is provided by Evergy (800-383-1183).  Buyer shall transfer electric service into their name on the date of closing if they wish to keep electric service on.
• Kelley Cemetery - There is an older cemetery located in approx. the middle of the property from the mid-1800's. (Northwest of house and south of old railroad right of way).  Documentation on this cemetery is limited/non-existent. Please consult with your attorney if you have any questions in reference to public access, fence maintenance, general upkeep & maintenance of this cemetery.
• Septic system location and condition are unknown.
• This property was last occupied in 2019 by a renter that lived there approx. 10 years.   Electric service is currently on.  Rural water has not been turned on since 2020.