ABSOLUTE ONLINE REAL ESTATE AUCTION
22.51 +/- ACRES | DE SOTO, KANSAS

Auction Closing: September 30, 6:00pm.

An opportunity to purchase 22.51 +/- acres of Kansas River bottom farm ground located near 82nd Street and Corliss Road in De Soto, Kansas. The property consists of five sale parcels that will be conveyed together as one combined offering. The land is currently subject to a cash agricultural lease, with crops in the field belonging to the farmer/lessee and scheduled to be harvested before the end of 2026. The entire property is located within a Special Flood Hazard Area, and Parcel 5B, consisting of approximately 3.94 acres, lies north of the railroad tracks and within the Kansas River channel.

This is an ABSOLUTE AUCTION with NO RESERVE — the property sells to the highest bidder! Online bidding ends Wednesday, September 30, 2026 at 6:00 PM CDT. A 10% buyer's premium applies, with a $5,000 earnest money deposit required and closing to occur within 30 days of the auction. Bidders must register and provide proof of funds prior to approval to bid. Register For Questions.

Lenny Mullin, Listing Broker

Generations Real Estate, Inc. | Seller's Agent
(913) 915-0468 | JLMullin@mac.com



TERMS & CONDITIONS

REAL ESTATE ONLINE AUCTION

Kansas River Bottom Land - 22.51 +/- Acres
Near 82nd Street and Corliss Road, DeSoto, KS

1. Registration: Every bidder must register using a valid email address, phone number, and mailing address. Bid.genkc.com will prompt each bidder to create a username and password.

2. Bid Permission: To participate in the auction, each bidder must provide a bank letter of guarantee or a pre-approval letter.

3. Soft Close: The auction is designed to allow all registered bidders to participate and bid at the auction. The auction will begin to close on Wednesday, September 30, 2026, at 6:00 pm (Central). If a bid is placed before the closing time, the auction will remain open for five additional minutes. If another bid is placed within that time, the auction will remain open until all "dynamic" bids have ceased.

4. Buyer's Premium: A 10% buyer's premium will be applied to the final bid. The winning bid, PLUS ten percent buyer’s premium, is combined for the contract sales price.

5. Earnest Deposit: $5,000.00, balance due upon closing, not to exceed 30 days. Thomson Affinity Title to hold earnest money and handle closing. Title insurance is split 50/50, Buyer / Seller.

6. Inspection: Bidders may have the property inspected at their expense.

7. Property sells as is/where is without warranty expressed or implied.

8. Due Diligence: All information is from sources deemed reliable. Every effort has been made to provide descriptions and photos representing the property. However, accuracy is not guaranteed, and each bidder is responsible for conducting due diligence concerning the property.

9. Property sells subject to easements, restrictions, and covenants if any of record.

10. The auction will sell to the highest bidder.

11. The successful winning bidder must agree to review and sign the purchase agreement immediately following the auction. The completed form will be delivered for electronic signatures immediately following the close of the auction and seller confirmation. Failure to sign the purchase agreement may result in a remedy of specific performance. If not understood, please consult an attorney.

12. The broker, Generations Real Estate, Inc. is agent of seller only.

13. Generations Real Estate, Inc. reserves the right to extend or cancel the auction for any reason, including the possible acceptance of an offer prior to the close of the auction.

Contact: Lenny Mullin, Listing Broker, Seller's Agent (913) 915-0468, JLMullin@mac.com.