0 15000th Rd TRACT 1, Mound Valley, KS 67354

HYBRID AUCTION- ONLINE AND LIVE PROPERTY: 812 +/- acres split into 10 tracts surrounding Mound Valley, KS, tillable, pasture, recreational and build sites AUCTION DATE: November 4, 2025. 6:00pm CST, Online bidding opens November 1, 2025 at 10:00am LOCATION: Cherryvale Community Center, 712 S. Liberty St, Cherryvale, KS 67335 Tract 1 – 7.78 A± Acres (Highway 160 / Gray Road Frontage) For generations, this land has been part of a family legacy — now, as that chapter closes, a new opportunity begins for the next owner to continue that tradition and make their own mark on this special piece of Labette County. Tract 1 may be the smallest of the offering, but it's full of potential. Spanning 7.78 A± acres at the intersection of Highway 160 and Gray Road, this tract offers excellent access, convenience, and a beautiful mix of open meadow and mature timber — the ideal setting for a homesite or small-acreage retreat just outside of town. Property Highlights Highway 160 and Gray Road frontage provides quick access and visibility Mature timber on the west side offers shade, seclusion, and wildlife habitat Open hay meadow on the east creates usable space for pasture, hay production, or a future build site The perfect size for manageable ownership with plenty of rural charm Blending family history, natural beauty, and future potential, Tract 1 represents more than just acreage — it's a chance to be part of the next story written on this land. With great access, scenic character, and versatile use options, it's an ideal property for those who value both legacy and opportunity. Contact at for more information. . Auction Terms ONLINE & LIVE.Online bidding will open at 10:00 am CST on November 1, 2025 and the live auction will begin at 6:00 pm CST on November 4, 2025. Bidding will be conducted via online, by phone, or in person. Download our app “L2 Realty Auctions†or go to to keep up and place bids. The auction will conclude upon closing of the live bidding. There will be a 10% buyers premium added to the high bid to determine the contract price. Closing fee and title insurance fee will be split 50/50 between seller and buyer. The property is selling subject to a reserve. Bids submitted shall be “firm bids†available for sellers acceptance and without contingencies. Interested buyers need to view the property prior to the date of the auction and have financing approval along with any inspections performed prior to bidding. Final sales price will be calculated by ACREAGE times the final bid plus buyer's premium. Upon acceptance of a bid by seller, the real estate contract will be provided by the seller's agent to the successful bidder promptly, and the termed contract shall be executed by the successful bidder and tendered to seller's agent within 24 hours of the close of the auction. The earnest deposit in the amount of 10% of the final sale price will be tendered to Chautauqua Hills Abstract and Title within five (5) days of notification and acceptance. Remaining balance due at the time of closing. Closing of the sale bid purchase will be conducted on or before December 4, 2025, possession shall take place at the end of the current lease, December 31, 2025. Selling subject to easements, restrictions, roadways and rights of way. Preliminary title work included. Boundary property lines pictured are approximated for reference only. Boundary lines for tracts 6 and 7 will be determined by stake boundary survey. There will be no guarantee on any fence or property lines as the selling is of the legal description only. Property is selling “as is†condition and is accepted by the buyer without any expressed or implied warranties. All terms announced the day of the auction take precedence over any other advertising.