REAL ESTATE AUCTION

BID BY PHONE

REAL ESTATE AUCTION

45.725 +/- Total Acres of Farmstead & Native Grass Pasture

Selling in One Individual Tract

Bidding Pool Closes

Monday, November 23, 2026

TO PARTICIPATE IN THE AUCTION, YOU MUST REGISTER AND PLACE A BID IN THE BIDDING POOL PRIOR TO THE ABOVE LISTED DATE AND TIME.

If you are not registered and have not submitted an initial bid by the bidding pool deadline of Monday, November 23, 2026, you will not be able to participate in the auctions.

Auctioneer's Note: This farmstead presents an opportunity to own a functional rural property with a residence, substantial storage and workspace, grain storage improvements, and established pasture infrastructure. Whether you are a cattle producer seeking a home base, an agricultural buyer needing additional shop and storage space, or someone looking to enjoy country living with room to spread out, this property offers a wide range of possibilities.

LEGAL DESCRIPTION: Approximately 45.725 +/- acres located in the Northwest Quarter (NW/4) of Section Twenty-Eight (28), Township Twenty-Eight (28), Range Twenty (20), in Kiowa County, KS.

COMMON ADDRESS: 2147 400 HWY, Mullinville, KS 67109

DIRECTIONS FROM MULLINVILLE, KS: From the intersection of 400 HWY & Main St, drive approximately 2.25 miles west on 400 HWY. The homesite is located south of the highway and can be entered through the gravel driveway. Signs will be posted

Located along Highway 400 near Mullinville, Kansas, the Larry & Kristine Aldrich Estate offers a unique opportunity to purchase a well-maintained rural farmstead featuring a comfortable residence, substantial outbuildings, grain storage improvements, and approximately 42 +/- acres of native grass and pasture. Whether you are looking for a country home, a place to run livestock, or a property with room for equipment, tools, and agricultural operations, this offering provides a versatile combination of rural living and practical functionality.

The residence is a well-kept, lived-in home offering a move-in-ready opportunity for its next owner. The home features an attached two-car garage and a Generac standby generator that is already wired into the property. Included with the real estate are the dishwasher, microwave, built-in stove, and two refrigerators. All personal property remaining on the premises is also included in the sale, offering added convenience for a buyer looking to establish a home in the country.

A major highlight of the property is the 40' × 80' machine shed, featuring a fully concreted floor, electricity, multiple sliding doors, and a stove piped for heating the workspace. This substantial building provides excellent space for equipment storage, shop work, or a variety of agricultural and recreational uses. An additional 9' × 15' tool shed is equipped with electricity, interior and exterior electrical outlets, a workbench area, and ample lofted storage accessible by ladder. A separate 16' × 42' building also features electricity, providing additional flexibility for storage, workspace, or other permitted uses.

The property further includes a grain storage building constructed on a concrete foundation, along with three steel grain bins featuring concrete bottoms. These improvements add utility for buyers with agricultural interests, equipment, or storage needs.

Approximately 42 +/- acres of native grass and pasture provide an additional agricultural and recreational component. The pasture is enclosed by four strands of high-tensile perimeter fencing, with an additional cross fence near the north end to provide flexibility for livestock management and rotational grazing. A wooden round pen offers additional functionality for cattle and horse owners. A livestock tank is located near the driveway, and a separate grass trap on the north side provides another option for managing livestock. The existing tenant has released the tenancy, with immediate possession of the pasture available upon closing, subject to the terms of the sale.

MINERAL RIGHTS: The mineral interest associated with the property is believed to be 100% open, unleased, and intact. The Sellers will convey 100% of their mineral interest to the Buyers at closing, subject to the terms of the purchase agreement and applicable closing documents.

WIND LEASE: The property is subject to an existing wind lease with Invenergy. Interested parties are encouraged to call Ashlind, or contact Invenergy directly, and review the lease terms as part of their due dilligence prior to bidding. 

MANNER OF SALE: This real estate will be offered in one individual tract only. No acres will be combined or divided.

SALE METHOD: The real estate will be offered for sale by bid by phone auction. Buyers must register and place an initial bid prior to Monday, November 23 – 10:00am CST to be included in the bidding pool. All bids must be submitted to Ashlind Gumpenberger by telephone at 620-518-2415.

After the bidding pool closes, all active bidders will be informed of the high bid and allowed to advance their bids. The auctioneer will contact each bidder in the bidding pool for advancement of bids starting on Monday, November 23, 2026 – 10:00am CST. Bids will be accepted until no further advances are made. All bidding parties will remain confidential. Bidding increments will be at the sole discretion of the auction company. Bidders agree that once a bid is submitted the bid will be honored.

TERMS: The successful bidder will pay a $15,000.00 earnest money deposit to be paid down the day of sale with the signing of the contract. Buyer and seller will split the cost of title insurance & escrow fees 50/50. Balance of purchase price will be due at closing, on or before December 23, 2026, or upon such terms as may be acceptable to the sellers. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. Earnest money will be held by Security 1st Title of Pratt, KS, in their trust account. Security 1st Title of Pratt, will also serve as the closing agent and will prepare and complete all title work. Financing, if necessary, must have been arranged and approved prior to the auction.

EVIDENCE OF TITLE: Seller will provide title insurance to the buyer in the amount of the purchase price, with the premium to be paid one-half by the seller and one-half by the buyer. The escrow fee will be split 50/50.

INSPECTIONS: Each potential buyer is responsible for having conducted their own independent inspection and due diligence concerning pertinent facts about the property prior to signing the contract. Real Estate is selling “As Is/Where Is”. Neither the seller or Burkhart Real Estate & Auction, its agents, or representatives, are making any warranties about the property, either expressed or implied.