Auction: Hotel Juliet, LLC – Tract 4 – 78+/- Acres – 6/4/2024
Vaughn-Roth Land Brokers is very honored to represent Allen Wise with the sale of his Allen County, Kansas real estate holdings entitled Hotel Juliet, LLC. Mr. Wise is widely accepted as possessing one of the sharpest business minds to hail from the great State of Kansas and we appreciate being chosen to represent him for the second time.
No matter what buyer type you are, you’ll find something you like within this diverse offering. From Neosho River cropland to premier hunting attributes to pasture and hay meadow to support your cattle operation, you’ll find it all right here. Many of these parcels also have utilities nearby as well if you’re searching for a rural oasis to build your forever home or just a quiet retreat from the noise of the city.
This offering totals seven individual tracts with two adjoining tracts also being offered in combination. Tracts 1-5 will be offered individually only while tracts 6 and 7 will be offered individually and then in combination with the property selling in whichever form garners the most proceeds. Tract 4 is being offered via online auction that will begin at 12:00 p.m. on June 1st, 2024 with a dynamic closing to start at 2:00 p.m. on June 4th, 2024.
To register to bid, please click on the following link: https://vaughnroth.hibid.com/catalog/546994/hotel-juliet---tract-4--allen-county--ks--78-----acres
Located northeast of Humboldt at the intersection of 1200th and Maryland Rd., Tract 4 totals 78 acres more or less and features mixed grass hay meadow, cropland and timber. The crop fields are in the east 1/2 and possess a gentle slope from east to west providing good drainage. The total cropland acreage is 45.58 acres according to FSA records. The majority soil type within the tillable portions is Kenoma silt loam with Zaar silty clay and Eram silty clay loam composing the balance of this tract. Please refer to the soil map within the “Related Documents” section of this listing on our website.
Transitioning to the west half of the property, you’ll find a beautiful meadow with timbered draws bisecting it from north to south and a sizable pond near the west boundary. With some fence work, the grass portion of this offering could be used to graze livestock if that better suits your desires.
The location and access is convenient being located just a 1/2 mile from pavement with approximate drives to Humboldt being 3 miles and 5 miles to Iola. For anyone interested in a building site, there’s not electric service directly at the property but it’s not far away to both the east and the west. You will want to check on public water availability and cost details by checking with the City of Iola at 620-365-4926.
Please call Cameron Roth at 785-917-0867 for more information or to set up a tour.
This real estate is being offered via online auction that will begin at 12 p.m. on June 1st, 2024 with a dynamic closing to start at 2:00 p.m. on June 4th, 2024.
All auctions will begin at 12:00 p.m. on June 1st, 2024 with the following dynamic closing schedule:
Tract 1: 9:00 a.m. on 6/4/2024
Tract 2: 11:00 a.m. on 6/4/2024
Tract 3: 12:00 p.m. on 6/4/2024
Tract 4: 2:00 p.m. on 6/4/2024
Tract 5: 3:00 p.m. on 6/4/2024
Tract 6: 4:00 p.m. on 6/4/2024
Tract 7: 5:00 p.m. on 6/4/2024
Tract 8: 7:00 p.m. on 6/4/2024
Driving Directions: From Humboldt, take 9th St. north out of town and proceed 2.8 miles to Maryland Rd. and turn east. Continue for 1/2 mile and the property begins on the south side.
Legal Description: The NW 1/4 of the NW 1/4 AND the E 1/2 of the NW 1/4 W of RR in Section 22, Township 25 South, Range 18 East of the 6th P.M., Allen County, Kansas. 78 acres, more or less.
Taxes: $693.58.
Earnest Money: $20,000.00 due on day of the auction.
Closing: On or before July 9th, 2024.
Possession: Full possession shall be granted after harvest of the currently growing 2024 crop.
Farm Lease: The Buyer shall receive 1/3rd of the proceeds of the currently growing grain crop less 1/3rd of chemical and fertilizer cost. There will be no grass related lease proceeds payable to the Buyer as the Seller and Tenant have had a partnership arrangement on cattle.