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156.42+/- Acres Pratt County, Kansas
Selling On Our
UNRESERVED ONLINE AUCTION
August 15, 2023
Bidding opens August 1, 2023, and ends August 15, 2023, at 11:00 a.m. CDT
Description: These 156.42+/- acres are enrolled in a Conservation Reserve Program (CRP) contract expiring 9-30-2026. It pays $47.22 per acre or $7,386.00 per year. The 2023 payment will be retained by the seller, who pays the 2023 property taxes. The buyer receives the 2024, 2025, and 2026 CRP payments. The buyer agrees to keep the CRP in compliance with USDA requirements through the contract expiration date. After CRP maturity, the land may be eligible for renewal into CRP or can be put back into crop production or grazed. This is excellent ground with deer and some of the best pheasant hunting in the area. On a recent visit to the land, two whitetail does were in the northwest corner, and rooster pheasants were constantly calling. The land is 14 miles northeast of Pratt, KS, on Hwy 61 to Preston, KS. Then from Preston, KS, go north 2 miles on paved 100 Avenue, turn east 1 mile on NE 100 Street to 110 Avenue. The land is 3.5 miles west of the Reno County line and 1.5 miles south of the Stafford County line. There’s a paved road in three directions from the land: 1/2 mile north (110 Street), 1 mile west (100 Avenue), or 1.5 miles south (Hwy 61).
The bidding increments will be $50/acre. The final sale price will be calculated based on the total acres times the highest bid.
Plan to Attend the Informational Meeting & Auction:
Baymont by Wyndham Hotel
704 Allison Lane
Pratt, KS 67124
BigIron Realty Agents will be at the Baymont by Wyndham Hotel in Pratt, KS, on Tuesday, August 15, 2023, from 9:00 a.m. CDT until the conclusion of the online auction. Please come during the times scheduled to discuss the land. BigIron Realty representatives will assist buyers with registering to bid and placing bids online. You do not have to be present to bid online, but you must be available by phone.
BIDDING PROCESS: You may place bids on this land for 14 days beginning August 1, 2023, and ending August 15, 2023, at 11:00 a.m. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding period is automatically extended to five minutes. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so register at least 24 hours before the auction close or call 800-887-8625 for assistance.
Legal Description: SW 1/4 9-26-11
2022 Taxes: $1,376.80
Land Location: From Preston, KS, on Hwy 61, go north 2 miles on paved 100 Avenue, turn east 1 mile on NE 100 Street to 110 Avenue. Signs are posted.
FSA: No FSA crop bases or payment yields available.
Mineral Rights: Seller’s mineral rights to the buyer are believed to be 100% intact.
Water Rights: Go to the buyer.
Owner:
Boyce A. Bauman Estate
Title Services:
Security 1st Title, 1320 E. 1st St., Pratt, KS 67124
For more information, contact the listing agent:
Mike Campbell, 620-899-6989
Terms: The sale is subject to all rights of way and easements, whether recorded or not, and to oil and gas leases of record, if any. The successful buyer must enter a written purchase agreement immediately after the sale with a 10% non-refundable down payment payable to Security 1stTitle, 1320 E. 1st St., Pratt, KS, 67124 (620-532-5383). The earnest money deposit can be made by personal check, company check, or wire transfer. The balance will be due at closing on or before September 29, 2023. The seller will provide a marketable title to the buyer, evidenced by title insurance. Title insurance and closing costs are split 50/50 between the buyer and seller. The buyer will pay additional title insurance required by a buyer's lender100%. The seller pays 2023 and prior year real estate taxes. The property will not be sold subject to financing. Have all financial arrangements made before the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.
Location
Terms
The sale is subject to all rights of way and easements, whether recorded or not, and to oil and gas leases of record, if any. The successful buyer must enter a written purchase agreement immediately after the sale with a 10% non-refundable down payment payable to Security 1st Title, 1320 E. 1st St., Pratt, KS, 67124 (620-532-5383). The earnest money deposit can be made by personal check, company check, or wire transfer. The balance will be due at closing on or before September 29, 2023. The seller will provide a marketable title to the buyer, evidenced by title insurance. Title insurance and closing costs are split 50/50 between the buyer and seller. The buyer will pay additional title insurance required by a buyer's lender 100%. The seller pays 2023 and prior year real estate taxes. The property will not be sold subject to financing. Have all financial arrangements made before the auction. The written purchase agreement, to be signed by the seller and buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the seller.