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 property is located northeast of Manhattan, Kansas, approximately six miles east on Highway 24 and two miles north on Flush Rd.
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 $325,000 established a contract sales prices of $357,500.
Residence
About 1/2 mile west of the intersection of Flush Road and Bob's Lane northeast of Manhattan, Kansas, is a beautiful six-bedroom, three-bathroom Ranch style house with attached garage and large shop on approximately 4 acres.
The house, positioned on the west side of the property, lies at the end of a gravel driveway approximately 50 yards south of Bob's Lane. A two-door garage is attached to the north side of the house. A large deck, accessible from the upper level back door or stairs on the west side, extends over the patio on the south side of the house and overlooks the pond on the southwest corner of the property. A leased propane tank is in the northwest yard.
Garage
The large garage has two, wide garage doors on the east facing the gravel drive which open with nearly silent electric openers. A keypad offers keyless access. The front deck south of the garage on the east side of the entry hall houses the main entrance to the house. The deck is made with 2" x 12" lumber, has accent lighting controlled from the inside, and, like the rest of the house, has a sound system integrated into the ceiling. The deck on the west side of the entry hall is similarly constructed.
The entry hall between the garage and the rest of the house has a drain immediately inside the door to the garage, a door and window on both the east and west, a tile floor and two ceiling fan light fixtures. The entry hall has a door on the south that leads to the kitchen.
Immediately south of the entry hall on the east is the door to the stairs leading to the lower level. South of that door on the east wall is a large oak bookshelf and display built into the wall. At the end of the hall is the kitchen on the south and the master bedroom on the west.
The master bedroom has two windows facing west and a large walk-in closet on the southwest corner. Oak drawers are built into the south wall, as is a shelf for large TV. The southeast corner of the bedroom has a door leading to the master bathroom.
The master bathroom has a double vanity on the east wall, a jacuzzi on the south and a large shower on the southwest that features double heads. Oak cabinets and drawers are built-in.
Kitchen
East of the master bedroom, south of the hall, lies the kitchen. A closet and oak display are built into the north wall, and windows on the north and east provide a great view of the yard. The kitchen features oak cabinets and drawers throughout, two islands and a pantry. The main island has a large, double sink with soap dispenser and disposal and a Whirlpool Quite Partner II dish washer. The center island has a smaller, porcelain sink and wine rack. A Broan Rangemaster vent hood is built into the south side of the kitchen, next to the pantry door. The controls for the house sound system are located in the pantry and a flat-screen TV is mounted above the pantry door. The kitchen features track lighting, two ceiling fans and three skylights, one in each of the northeast and southeast corners as well as one above the main island
The south end of the kitchen features a switched fireplace and the back door which leads to the deck. The large deck on the south side of the house is constructed with 2" x 12" lumber and looks out over the south yard and pond. A hallway leading west from the south kitchen leads to the back bedrooms and bathroom. The entrance to the attic is also located at the end of the hall, accessible via pull-down hatch and ladder.
The bathroom southwest of the kitchen is a full bathroom with vanity, toilet and shower. Directly across the hall from the bathroom is a small closet. Three bedrooms on at the end of the hall each have spacious closets and windows.
The oak stairs leading to the lower level are found behind a door in the north kitchen hall next to the door to the entry hall. The basement consists of a large living area on the west and several rooms on the east.
Northwest of the bottom of the steps is the carpeted area, complete with track lighting, a projector mount with all necessary cables, an 8' projection screen and a fireplace. A small, unfinished storage area is located behind a door under the stairs.
Lower level
In the southwest corner of the main room is the bar area. The cabinets and countertop match the upstairs kitchen. The bar has a stainless sink and a Frigidaire refrigerator. It features a tin covering on the sides and track lighting above. The exit on the south wall next to the bar leads to the large patio covered by the deck.
The southeast master bedroom has windows on the south and east walls, a closet in the northeast corner and the door to the bathroom in the northwest. The bathroom has a vanity, jacuzzi and cabinets.
North of the bathroom is the unfinished utility room. This room has hook-ups for washer and dryer, a 119 gallon State Select water heater, a Carrier Infinity 96 heater and the electrical breaker box. Nearly every room in the house is wired for phone and coax. All lines lead to this central location.
The north bedroom features a large window on the east and a large closet on the west.
Shop
The large shop to the east of the house is divided into two sections with a large commercial overhead door on the north wall of each section. The wall between the sections has both a door and an overhead door.
The west section has two more doors, one on the northwest corner and one on the southeast corner of the section leading to the back yard. Benches extend along the south and west walls. A restroom with two water heaters is located in the southwest corner. The east section of the shop is unfinished, but is well illuminated with shelving located on the northwest corner.
SOLD! 11674 Bob's Lane legal description
Lot 11, in Drury Acres, unit one, Pottawatomie County, Kansas; subject to easements and restrictions of record.
Taxes
2005 taxes $2,641.34
Average bills
Average water $30 per month
Average propane $60 per month
Average electric $120 per month
School district
Property is located in USD 323 Rock Creek
External view from road
Main level
Shop interior
External view
Lower level
11674 Bob's Lane
Thoroughly read the property information document and familiarize yourself with the properties offered and the auction terms and conditions. If you will require financing, please see a lender for pre-qualification. If you have questions about the terms, conditions or purchase agreement, contact our office and speak with one of the auction staff.
Attend an open house/preview and inspect or drive-by 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. There is not an inspection period after the auction.
The deposit listed in the terms is due upon being declared the winning bidder on auction day. The deposit is non-refundable.
When preparing a sealed bid, if offered, read through the property information package. It may contain title information, income/expense statements, surveys, and general property information. It will also completely detail the sealed bid process.
All information about the property has been provided by the seller. All bidders must verify all information to their own satisfaction prior to bidding.
Immediately upon completion of the auction, winning bidders will be required to execute an Auction Contract. Please be prepared to close the transaction within 30 days.
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 11674 Bob's Lane in northeast of 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.
