This auction will be conducted by Purple Wave Realty, Duane McKinney, broker, 785.776.1010
Aaron McKee, auctioneer, 785.537.5057
Questions regarding real estate should be directed to Purple Wave Realty at 785.537.5057.
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Property location
The real estate is located south of Manhattan, Kansas, on Highway 177, at 1550 Pillsbury Drive. It has approximately 350 feet of frontage along K-177 and is zoned C-4. The Kansas Department of Transportation lists the traffic of K-177 near the property at a yearly average of 7,920 vehicles per day.
Auction date and time
The auction will be held at 5:00pm CDT on Thursday, March 29, 2007.
Auction location
The auction will be held at the Purple Wave Auction, Inc. facility at 701 Enoch Lane, Manhattan, Kansas.
Close of bidding
Internet bidding closes one hour before the auction
Property inspection
Inspection available from 2:00pm to 4:00pm on Sundays March 11, 18 and 25.
The winning bid of $160,000 established a contract sales prices of $176,000.
1550 Pillsbury Drive · Manhattan, Kansas
The property consists of a site located on the southwest side of Kansas Highway 177, southeast of
Manhattan, Kansas. According to county records, the site contains 100,188 square feet.
It has approximately 350
feet of frontage along K-177. The Kansas Department of Transportation lists the traffic per day as of April 2004 at 7,920. The traffic map is available in the support documents section. The site is 10 to 12 feet below street grade and slopes
gradually to the southwest. Property taxes are $2,957.80 general and $118.74 special for a total annual tax of $3,076.54.
It is zoned C-4, Highway Business District, which allows a broad variety of uses catering to commuters on highways and major traffic arterials. Surrounding land uses include a large commercial warehouse building to the north, an auto repair facility to the east, a residential home and mini-storage facility to the south and residential homes to the west.
Water service for the property is provided by the Konza Rural Water District. Most of the house's appliances are natural gas and the electricity is provided by Westar. The residence and each commercial building have separate lateral fields and septic tanks.
Current total rent for all buildings is $1,175 per month and leases are currently being converted to month-to-month rents for auction.
The site is not located in a flood hazard zone as of November 19, 2003.
Residence
Home
The home contains a dining room, living room, kitchen, bedroom and full bathroom on the
ground floor. An interior staircase
provides access to an attic, which has been utilized as a bedroom.
The basement level contains a family room, bedroom, bathroom with shower and laundryroom.
The interior is adorned in vinyl and carpet floors, painted walls and textured ceilings. The basement level has a walk-out entrance to a concrete patio with a storage shed that has a Kansas State University paint theme.
The door on the northwest side of the house by the patio enters to the kitchen where a stainless steel double sink, cabinets, cupboards and drawers are built into the southwest wall. The Maytag refrigerator and Admiral gas range will sell with the property.
Next to the kitchen on the north side of the house, after the full bathroom, is the dining room. The door on the northeast wall leads outside to the spacious front yard and faces the road. Like most of the house, the dining room has a purple theme and wood paneling alon the northwest wall. A large walkway leads to the living room.
The living room features a large window to the front yard as well as access to the stairs to the upper level, located in the south corner of the living room.
Southeast of the kitchen is the bedroom, accessible through the hallway that leads past the stairs to the basement. The bedroom has a peach theme, with a large closet and storage over the stairs.
The largest room in the house is the finished basement living room. The entire southeast half of the basement composes this area, the south end of which is the basement entryway with a door to the back yard. The room has a gas heater, red carpet, and a window in the east corner.
The west corner of the basement houses the laundry room, which has a drain in the concrete floor. A unique half-wall separates the laundry room from the basement entryway. Both the laundry room and entryway have large windows that face the back yard.
A utility area to the northeast of the laundry room separates a bathroom from the bedroom. This room houses the Kenmore Powermiser water heater and York Diamond 90 air conditioner. Shelving is built into the west walls.
The full bathroom downstairs is between the laundry room and the utility area. North of the utility area is the bedroom, which has a window on the northeast corner and a mural painted on the southeast wall.
The attic area was used as a bedroom and has windows on both ends and a wooden floor.
Detached garage
Garage
A detached, two-car garage measuring 28' x 24' is west of the home.
Between the house and garage is a large, covered, cement patio that measures 20' x 13'.
A swingset with purple basketball goal is just south of the patio, and a decorative garden, fence and rock wall
are all near the west corner of the house. The back yard has several bird feeders on fence posts.
Commercial building 1
Commercial building 1
1552 Pillsbury Drive is located southeast of the house. It was originally constructed
in 1962. A concrete block addition was later made. The interior of the building is reported to
have a small amount of office space, a restroom, concrete floors and forced-air furnace heat
thorughout the building. The addition is utilized as a painting station and has an exterior fan. The
building has three overhead doors and has been used for auto repair.
Commercial building 2
Commercial building 2
Commercial building 2 is located north of
the house. The building has two small offices, a large shop area, and a restroom in the west corner.
The building has three overhead doors, and exhaust fan and forced-air furnace heat throughout the building.
Commercial building 3
Commercial building 3
Commercial building 3 is located southeast of the house and southwest of commercial building 1. The interior of
the building is reported to function as a storage area with no office, restroom or heat. The building has, however,
been plumbed for a future restroom.
1550 Pillsbury Dr.
Part of the northeast 1/2 of section 20-10-8 east of the 6th P.M., Riley
County, Kansas, described below.
From a point on the west line of said
northeast 1/2 that is 801.9 feet south of the northwest corner thereof, thence
east 294 feet to the west line of the Johnson tract, thence south 36° 36"
east 1181 feet to the place of the beginning; thence running south 36° 35'
east 333 feet, thence north 50° 44' east 526 feet to the westerly right of
way line of Highway No. 13, thence northwesterly along said right of way
351 feet, thence south 50° 44' west 516 feet to the place of the beginning,
containing four acres, more or less, less a tract of real estate deeded to
Bertha Carline Graves and husband, as shown by deed recorded in book 229,
page 427, and a tract of real estate deeded to Alice May Persyn, as shown
by deed recorded in book 229, page 436, and a tract of real estate deeded
to Frank E. Kramer, as shown by deed recorded in book 233, page 562, all in
the office of the Register of Deeds Riley County, Kansas.
Ground floor video
Attic video
Lower level video
1550 Pillsbury Drive
Thoroughly read all information provided by Auctioneer and familiarize yourself with the properties offered and the Auction Terms. If you will require financing, obtain pre-approval before placing any bids. If you have questions about the Auction Terms, Auction Contract or any other document, please contact one of our licensed real estate sales professionals.
Attend an open house/preview and inspect each property in which you are interested. Establish a range of value for the property and bid within your limits. We do not recommend that you bid on a property that you have not seen. No post-auction inspection rights or periods will be provided.
The deposit listed in the Auction Terms is due immediately if you are declared the winning bidder and is non-refundable as noted in the Auction Terms. Be prepared to pay the deposit on auction day.
Buying real estate at auction is simple and easy.
Good luck in your bidding!
Manhattan, Kan.
The following text is printed verbatim under section 2 of the GNU Free
Documentation License. The original URL is viewable at
http://en.wikipedia.org/wiki/Manhattan%2C_KS.
Manhattan is a town located in northeastern Kansas at the junction of the Kansas River and Big Blue River. As of the July 2005 census estimate, its population was 49,462, making it the eighth-largest city in Kansas. Manhattan is the county seat of Riley County. A small part of the town extends into Pottawatomie County.
Nicknamed The Little Apple in 1977 as a play on New York City's "Big Apple," it is most well-known for being the home of Kansas State University. Eight miles (13 km) west of the town is Fort Riley, a United States Army post.
Geography
Manhattan is located at 39°11.5'N 96°35.5'W, or about 50 miles (80 km)
west of Topeka on the Kansas River.
According to the United States Census Bureau, the city has a total area of 38.9 sq. km. (15.0 sq. mi.), almost all land.
Geographic features
Manhattan is located in the Flint Hills region of Kansas, which consists
of continuous rolling hills covered in tall grasses. However, the current
downtown area - the original site of Manhattan - was built on a broad,
flat floodplain at the junction of the Kansas and Big Blue rivers.
Tuttle Creek Reservoir is located 5 miles (8 km) north of Manhattan. The
lake was formed when the Big Blue River was dammed for flood control
in the 1960s, and it is now a state park that offers many recreational
opportunities. South of town is the Konza Prairie, a tall-grass prairie
preserve jointly owned by The Nature Conservancy and Kansas State
University.
Climate
Over the course of a year, temperatures range from an average low of
almost 15°F in January to an average high of nearly 93°F in July. The
maximum temperature reaches 90°F an average of 56 days per year and
reaches 100°F an average of 9 days per year. The minimum temperature
falls below the freezing point (32°F) an average of 118 days per year.
Typically the first fall freeze occurs between the last week of September
and the end of October, and the last spring freeze occurs between the first
week of April and early May.
The area receives nearly 35 inches of precipitation during an average year with the largest share being received in May and June - the April-June period averages 33 days of measurable precipitation. During a typical year the total amount of precipitation may be anywhere from 24 to 46 inches.
There are on average 97 days of measurable precipitation per year. Winter snowfall averages almost 16 inches, but the median is less than 10 inches. Measurable snowfall occurs an average of 10 days per year with at least an inch of snow being received on six of those days. Snow depth of at least an inch occurs an average of 20 days per year.
Demographics
As of the census of 2000, there were 44,831 people, 16,949 households,
and 8,254 families residing in the city. The population density was
1,152.4/sq. km. (2,983.9/sq. mi.). There were 17,690 housing units at an
average density of 454.7/sq. km. (1,177.4/sq. mi.). The racial makeup of
the city was 87.28% White, 4.86% African American, 0.48% Native
American, 3.93% Asian, 0.07% Pacific Islander, 1.30% from other races,
and 2.07% from two or more races. Hispanic or Latino of any race were
3.49% of the population.
There were 16,949 households out of which 22.7% had children under the age of 18 living with them, 39.6% were married couples living together, 6.6% had a female householder with no husband present, and 51.3% were non-families. 30.5% of all households were made up of individuals and 6.3% had someone living alone who was 65 years of age or older. The average household size was 2.30 and the average family size was 2.89.
The age distribution is 15.8% under the age of 18, 39.2% from 18 to 24, 24.0% from 25 to 44, 13.2% from 45 to 64, and 7.8% who were 65 years of age or older. The median age was 24 years. For every 100 females there were 106.4 males. For every 100 females age 18 and over, there were 105.4 males. The general age distribution is typical of a university town; the sex distribution is not uncommon in areas dominated by major land-grant universities.
The median income for a household in the city was $30,463, and the median income for a family was $48,289. Males had a median income of $31,396 versus $24,611 for females. The per capita income for the city was $16,566. About 8.7% of families and 24.2% of the population were below the poverty line, including 10.1% of those under age 18 and 7.8% of those age 65 or over. However, traditional poverty statistics can be misleading when applied to communities with large student populations, such as Manhattan.
Sites of interest
Visitors are drawn to Manhattan by Kansas State University sporting
events, performing arts, lecture series, and the annual Country Stampede
Music Festival - the largest music festival in Kansas.
The Marianna Kistler Beach Museum of Art and the Kansas State University Gardens are located on the campus of Kansas State University. Next to campus is Aggieville, one of the oldest shopping and retail centers in the United States, with enough bars to satisfy the college crowd. Aggieville is also home to the longest continuously-operating Pizza Hut in the world.
Manhattan's Sunset Zoo is accredited by the Association of Zoos and Aquariums (AZA). Colbert Hills Golf Course, which is annually ranked by Golf Digest among the best in the state, is home to the Earl Woods National Youth Golf Academy and a host site for the First Tee program. Manhattan is also the birthplace of Damon Runyon, the "Inventor of Broadway," and his Manhattan house is listed on the National Register of Historic Places.
The Flint Hills Job Corps Training Center west of town were once used as a nursing home and orphanage operated by the Fraternal Order of Odd Fellows.
The First Capital of the Kansas Territory is preserved nearby, on Fort Riley grounds.
Education
Manhattan is home to Kansas State University, Manhattan Christian
College, Manhattan Area Technical College, the American Institute of
Baking and The Flint Hills Job Corps Training Center. The town is also
headquarters for the International Association for Jazz Education.
Manhattan has one public high school with two campuses (Manhattan
High School), two junior high schools (Susan B. Anthony and Dwight
D. Eisenhower), and eight elementary schools (Amanda Arnold, Frank
V. Bergman, Lee, Marlatt, Northview, Ogden, Theodore Roosevelt and
Woodrow Wilson). The town also has two private school systems: Flint
Hills Christian School and the Manhattan Catholic Schools.
Transportation
Manhattan Regional Airport is located 4 miles (6 km) west of Manhattan
on K-18. The airport is served by U.S. Airways Express. Manhattan has no
internal mass transit system, and bus and train service to and from the
town has been discontinued over the past several years.
Notable residents
The town in popular culture
For the properties located at 1550 Pillsbury Drive in Manhattan, Kansas, to be auctioned on Thursday, March 29, 2007, a commission will be paid to any properly licensed real estate broker whose buyer is the successful purchaser for this property and who actually closes and pays the total contract sale price for the property. The commission shall be paid as follows:
Three percent commission will be paid on any pre-sale or written opening bid amount shown on the broker participation form, included in this document or available upon request. A one percent commission will be paid on the amount by which the successful high bid at auction, not including the buyer's premium, exceeds the bid amount indicated on the broker participation form.
If an opening bid is not written on the broker participation form, or the form is not submitted according to the terms listed thereon, then a one percent commission will be paid to the broker on the full amount of the successful high bid.
To earn the buyer broker commission, the participating broker must register his or her bidder by completing the broker participation form in full and must fax, mail, or email it to Purple Wave Auction, Inc. The form must be received no later than 24 hours prior to the start of the auction.
Download buyer broker participation form
The form should be sent to:
Purple Wave Auction, Inc.
mobile 701 Enoch Lane
Manhattan, KS 66502
auction@purplewave.com
785.539.5356 f
Conditions of sale
Everyone must register for a bidding number. The owner warrants to convey
marketable title to the real estate through a limited warranty deed, free from
all encumbrances, liens, or judgments at the time of closing.
Buyer's premium
A 10% buyer's premium will be added to the bid to establish the contract
price the successful bidder must pay. For example, a bid of $100,000 will be
assessed a $10,000 buyer's premium, creating a contract price of $110,000.
Restrictions
The property is sold subject to all city, county, and state laws, ordinances,
and regulations as well as any and all easements, encumbrances, and
restrictions applicable to the property. Seller is placing no restrictions on the
property.
Release
By its acceptance of the deed, buyer shall be deemed to release seller, Purple
Wave Realty, and Purple Wave Auction, Inc. from any and all claims and
liabilities relating to any defect, deficiency of other matter concerning the
property including, without limitation, the quality, condition, quantity, or use
of the property. Sellers, Purple Wave Realty and Purple Wave Auction, Inc.
give no warranties of any kind either expressed or implied, with respect to
the condition, merchantability, use size, configuration, design, or suitability of
the property.
Legal courses of action
Bids are a binding offer to enter a contract and you are responsible for
honoring them. Every legal remedy available will be used to ensure buyer's
performance of this contract. Buyer accepts responsibility for and agrees
for buyer and all of buyer's agents, representatives, successors and assigns
to indemnify, defend and hold harmless sellers, Purple Wave Realty, Purple
Wave Auction, Inc., their employees, governing body, officers, owners,
affiliates, subsidiaries, directors, agents, and representatives from and
against any and all claims, losses, damages, liabilities, judgments, fees,
costs, and expenses including reasonable attorneys' fees and expenses
related to, arising from, or associated with (I) the sale of the property,
including, but not limited to, personal injuries or property damage incurred
on the sale premises or during removal and transport of any auction item,
(II) buyer's use of Purple Wave Auction, Inc.'s website and (III) a dispute
with another bidder.
Arbitration
For disputes between buyer and seller, Purple Wave Realty and/or Purple
Wave Auction, Inc., that are not resolved by the parties within ten days after
any party gives notice to the others of its desire to arbitrate the dispute, the
dispute shall be settled by binding arbitration by the American Arbitration
Association in accord with its then-prevailing rules. Such arbitration shall
be conducted in Manhattan, Kansas. Judgment upon the arbitration award
may be entered in any court having jurisdiction. The arbitrator shall have no
power to change the provisions of this agreement. The arbitrator shall consist
of one arbitrator, who must be a real estate attorney actively engaged in the
practice of law for at least the last five years.
Bid rejection
Purple Wave Auction, Inc. reserves the right to reject any and all bids from
any bidder.
Bid retraction
By placing a bid, buyer and all other bidders acknowledge all terms of the
auction and agree not to retract the purchase offer. If a bidder cannot satisfy
the terms of the auction, the bidder should not bid.
Assessment of condition
All bidders, including buyer, should rely solely on personal inspection and
not information listed in this property information document, on the website,
or otherwise provided by Purple Wave Realty, Purple Wave Auction, Inc. or
seller. Any bidder's failure to inspect, or otherwise be fully informed as to the
nature, quality, condition, quantity, and size of any items will not constitute
grounds for any claim, adjustment, refund, termination of the Auction
Contract, or refusal to close the sale.
Auction contract
Please note that the Auction Contract executed by buyer and seller
immediately following the close of the auction will be written based on the
manner in which buyer bids. Buyer will be closing on the tract or combination
of tracts on which buyer is the successful bidder in the final manner in which
buyer bids at the auction.
Real estate brokerage services disclosure
Purple Wave Realty and its auctioneer, Purple Wave Auction, Inc., represent
the seller in this transaction. They do not represent the buyer in any
manner and they must be completely loyal and faithful to the seller. Purple
Wave Realty has an exclusive right to the listing for this transaction. All
negotiations must be conducted through Purple Wave Realty. Purple Wave
Realty is the exclusive agent for the sellers in this transaction. All successful
bidders will be required to sign an agency disclosure form at the time of
signing the Auction Contract, if applicable.
Purple Wave Realty's involvement in contract
The seller and buyer hereby agree that Purple Wave Realty is an intended
third party beneficiary of the Auction Contract and shall receive compensation
as stated in the agreement between it and seller.
Utilities
Neither Purple Wave Realty, Purple Wave Auction, Inc. nor the seller
guarantees the availability of utilities, public or private. This exclusion
consists of, but is not limited to, wells, septic tanks, access to public utilities,
or any hook-up fees therewith. Confirmation of utility availability is the
bidder's sole responsibility.
Terms
A 10%, non-refundable deposit based on the contract price will be due from
buyer immediately after buyer is declared the winner. The balance shall be
payable in cash at closing in 30 days. This transaction is not contingent on
the buyer obtaining financing or upon any other event except as specifically
referred to in these terms and conditions. Personal or business checks will be
accepted with a bank letter guaranteeing payment of such funds.
Remedies
If buyer chooses not to close within the stated time herein and no written
extension has been granted by the seller, the buyer will forfeit all the
deposit and Purple Wave Realty may disperse the deposit as stated in
the listing agreement. Notwithstanding the foregoing, seller may seek
any other relief or remedy in law or equity, including suing the buyer for
specific performance, which buyer expressly agrees is permitted, and/or any
additional damages the seller suffers by the default of the buyer.
Escrow
All monies collected on sale day will be deposited in an escrow account, the location of which is listed below.
Capital Title Insurance Company
4805 Vue Du Lac Place
Manhattan, KS 66503
Possession
Buyer shall receive possession of property at the date of closing.
Multiple tract sales
Individual purchases are to be considered as singular transactions not
contingent on the sale of other properties or tracts. Purple Wave Realty
reserves the right to offer the property in individual tracts or lots,
combinations of tracts or lots, as a whole or in anyway that we see fit in
order for it to bring the most money for the seller. The sale of combinations
supersedes the sale of individual tracts. The decision of the auctioneer is
final. Seller and Purple Wave Realty reserve the right to amend any terms or
conditions prior to or during the auction.
Closing cost
Buyer shall pay all closing costs associated with purchasing the property. Such costs
include but are not limited to examination of title and / or title insurance,
fees charged by a lender or lenders, property insurance, mortgage insurance, credit report(s),
property legal survey, all recording fees, and fees charged for services by the
escrow and / or closing agent. Additionally, any other fees associated with the
transaction, including inspections such as termite or other pestss, whole house
or lead based paint, shall be paid by the buyer. Also, buyer(s) shall pay for
charges and fees by buyer's attorney. Seller shall not pay any closing costs.
Closing location and agent
The closing location and agent will be determined on or before the auction
date.
Title insurance
All title insurance commitment fees and premiums will be paid by buyer.
Taxes
Real estate, personal property, and other taxes or governmental assessments
against the property will be prorated to the day of closing.
Miscellaneous
All prior understandings and agreements between the parties are merged
into this agreement, which constitutes the entire agreement between the
parties. Time is of the essence of this agreement. This agreement shall
be construed in accordance with and governed by the laws of the state of
Kansas. No delay or failure by seller to exercise any right hereunder, and no
partial or single exercise of such right, shall constitute a waiver of that or
any other right, unless otherwise expressly provided herein. This agreement
shall be binding upon and inure to the benefit of the parties hereto and their
respective heirs, legal representatives, and assigns.
