197.09+/- Acres Harvey County, KS

197.09+/- Acres Harvey County, Kansas

Selling On Our

UNRESERVED ONLINE AUCTION

 March 14, 2023

Bidding opens February 28, 2023, and ends March 14, 2023, at 11:00 a.m.      

Description: 

The farmstead in the northwest corner of the property does not sell.  A survey 2-28-23 discovered the farmstead boundaries as earlier advertised (3.67acres) would not allow the waste lagoon to be in compliance with Harvey County, KS, zoning requirements.  The property boundaries must be 100 ft north and 100 ft east of the water line in the lagoon.  This increases the size of the farmstead by 1.08 acres from 3.67 acres to 4.75 acres.  The acres selling are therefore reduced by 1.08 acres to 197.09 acres.  The owner of the farmstead will continue to allow farming up to the existing farmstead grass lines as it is farmed now.          

This 197.09+/- acres is on the Harvey/McPherson County line, three miles east of the Reno County line. It's bordered on the north by McPherson County's Apache Rd and on the west by Harvey County's N Prairie Lake Rd. Harvey County's taxable acres are 198.8+/- acres. However, 1.17 of an acre is being sold to the owners of the 3.04+/- acre farmstead in the northwest corner of the property. The farmstead will now contain 4.75+/- acres and does not sell.  

197.09+/- acres are selling in this auction. The Farm Service Agency (FSA) shows 181.34+/- acres of cropland. This is now 179.63+/- acres of cropland, with the 1.71 acres selling to the owners of the farmstead. The cropland soils are 97.6% 'prime', well-drained, Crete, Detroit, Tobin, and Geary silty clay loams with 0-3% slope. These are deep class 2 soils with high fertility and water storage capacity and some of the best soils in Harvey County. There are 17.46+/- acres of timber west of the center of Turkey Creek, running north and south through the property. The timber, creek bottom, and cropland mix generate deer and other wildlife hunting opportunities.   

80.22 acres are planted to 2023-crop wheat. The buyer receives the landowner's 1/3 crop share of the harvested wheat. The buyer will succeed to the crop insurance policy on the 1/3 crop share and pay the insurance premium. The remaining 98.78 acres are open for spring planting with immediate possession to the buyer at closing on or before April 14, 2023.

Real estate taxes will be prorated to the date of closing.   

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:

Inman Community Building

201 S Main St.

Inman, KS

BigIron Realty Agents will be at the Inman Community Building, in Inman, Kansas, on March 14, 2023, from 9:00 a.m. until the conclusion of the online auction. Please come at this time 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 February 28, 2023,

and ending March 14, 2023, at 11 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: NW 1/4 3-22-3 west of the center of Turkey Creek, except a 4.75 acre home site; NE 1/4 3-22-3 west of the center of Turkey Creek; NE 1/4 of SW 1/4 3-22-3W

2022 Taxes:   $2,723.60    

Land Location:  From Buhler, KS, go east 6 miles on Dutch Avenue to N. Burmac Road. Turn north 2 miles on N. Burmac to 108^th Road (Apache). Turn east 1 mile on Apache to N. Prairie Lake Rd. From Hesston, KS, go west 11 miles on Dutch Avenue to N. Prairie Lake Rd and turn north 2 miles to Apache Rd.

                                                            Base              PLC                

FSA:               Crop                           Acres             Yield              

                        Wheat                        90.92              44 

                        Gr. Sorghum              68.89              73 

                        Soybeans                  24.69              35        

                        Total                           184.5

All bases are enrolled in the FSA PLC program for 2023.

Mineral & Wind Rights:  100% of seller's mineral and wind rights to buyer believed 100% intact.

Water Rights:  Go to the buyer.

Possession:   Passes to the buyer at closing on unplanted acres. On acres planted to 2023 crop wheat, possession passes the earlier of 1) conclusion of the 2023 wheat harvest; 2) destruction of the growing wheat in any manner; or 3) August 1, 2023.

Owner:  Irvin J. & Esther L. Schroeder Trust

Title Services:

Security 1^st Title, 301 N. Main St., Newton, KS 67114 (phone 316-283-2750)

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 will be required to enter a written purchase agreement immediately after the sale with a 10% non-refundable down payment made payable to Security 1^st Title, 301 N. Main St., Newton, KS 67114 (phone 316-283-2750).   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 April 14, 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%. Seller pays 2022 and prior year real estate taxes. 2023 taxes will be prorated to the date of closing. 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.