Court Ordered Bankruptcy Auction Douglas County Ks

Auction Date: 03-29-2024

Descriptions

Court Ordered Land Auction

By Order of United States Bankruptcy Court for the District of Kansas

PROPERTY WILL BE SOLD TO THE HIGHEST BIDDER

78+/- ACRES * FARMLAND * LAKE * LARGE BUILDINGS * MOBILE HOMES



Auction Location: 264 E. 2100 Rd., Wellsville, Kansas 66092

Live (On-site) Auction: Friday, March 29th, 2024 @ 2:00 PM. (CST)

Directions: From Baldwin City, Kansas take S.H. 56 east 4 miles to E. 2100 Rd., then go north mile to the farm on the right side of the road. (watch for signs).

Bidder Registration: All Bidders are required to bring a Cashiers Check in the amount of $25,000 bidding deposit, made payable to Bidder and delivered to Auctioneer at the time of registration (on-site). Bidders must also present a bank letter or financial statement showing available funds up to any amount Bidder is qualified to bid.


Property Preview Dates:

Saturday, March 9th at 2:00pm (CST)

Saturday, March 23rd at 2:00pm (CST)

Additional property inspections may be arranged by contacting Tim Gates, broker at (913) 645-3579.

General Description: This property will be sold to the highest bidder at a court ordered live (on-site) auction. The property consists of 78+/- acres, formerly utilized as a vegetable produce operation, nursery and row crop farm.

The property has a very nice stocked lake, developed with a silt pond and concrete overflow. There are gravel interior trails around the lake. The property also has a large produce warehouse w/ store front, machine sheds, (6) hoop-house style greenhouses with heat and electricity, and (2) mobile homes.

The large warehouse is approx. 200 x 54 and is insulated, heated, concrete floors, loading dock, and has an upstairs apartment and office area. Attached to the warehouse is approx. 30 x 80 store front. There is also a 50 x 130 machine shed and an additional 30 x 55 shop building. The are (2) mobile homes on the property and the east mobile home is currently rented. The rental payments are believed to be $900 per/month, (but not verified). This property has multiple water hydrants and waterlines for irrigating and would be well positioned for development.

Note: The north property boundary line appears to be located and runs through a shop building and two (2) grain bins in the northwest corner of the farm. See Douglas County parcel maps for visual details.

Cropland: According to the Douglas County Farm Service Agency (FSA), this farm has 43.87 acres of cropland with the following base acres and yields, by crop type:

Wheat - 15.15 base acres and a 36 bushel yield
Grain Sorghum - 5.21 base acres and a 67 bushel yield
Soybeans - 23.51 base acres and a 18 bushel yield


Key Features:

78+/- acres (total acres)

41 +/- acres (farmland)

Sibleyville & Woodson silt loam soils

Stocked lake w/ silt pond

(2) mobile homes (1 rented)

Gravel interior trails

200 x 54 produce warehouse

130 x 50 machine shed

55 x 30 shop building

(6) hoop style greenhouses

Electric, water & propane

$5,426 taxes (2023)



Auctioneers Note: This property Will Be Sold to the highest bidder at a Live (On-site) Auction to be held at the property on Friday, March 29th, 2024 at 2:00pm (CST). All Bidders are Required to bring a Cashiers Check in the amount of $25,000 made payable to the Bidder, and proof of funds in a up to the amount they are willing to bid at the auction. See Terms & Conditions of Auction for complete details. Contact the auction company with any questions regarding the auction process or property being sold, by calling (877) 318-0438.

SELLER:

WILLIAM FREDRICK VOIGTS, JR., (deceased)

U.S. Bankruptcy Case No. 22-40705-12





Broker | Auctioneer: Richard Shawn Terrel, Kansas RE License #00216208