Court Ordered Bankruptcy Auction Douglas County KS

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 ½ mile to the farm on the right side of the road. (watch for signs). Bidder Registration: All Bidders are required to bring a Cashier’s Check in the amount of $25,000 bidding deposit, made payable to Bidder and delivered to Auctioneer at the time of registration (on-site). Bidder’s 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