Contact Form
Message has been successfully sent.
General Description
The land offered for sale in this listing is currently cash leased through Dec. 31, 2018. It is all highly productive dryland, cash rented for $60 per acre. Total cash rent is $9,462.00 due in two payments, half due March 1 and half due Nov. 1 each year.
Bid Increment
The bidding increments will be $50/acre. The final sale value will be calculated based on 157.7 acres times highest bid.
Attend The Online Auction Information Meeting Monday, November 6 and Tuesday, November 7
City Limits Convention Center
2227 South Range
Colby, KS
BigIron Realty will be at the City Limits Convention Center (Altair Room) on Monday November 6, from 2:00 to 7:00 and Tuesday November 7 from 8:00 am until the conclusion of the online auction. Please come during the times scheduled to discuss the farm. BigIron Representatives will be there to assist buyers with registering to bid online. You do not have to be present to bid online.
Tract #2 is the SW ¼ 22-6-36 with a total of 157.7 acres per the Thomas County Treasurer and 158.65 acres per FSA official acreage. This quarter section is prime above average dry cropland in Thomas County which has some of the most productive cropland in Kansas. The soil is 100% Class II Kuma silt loam, 0-1% slopes. Kuma silt loam has high water storage capability in its profile.
| FSA | Crop | Base | PLC Yield |
|---|---|---|---|
| ARC-CO | Wheat | 39.91 | 47 bu |
| ARC-CO | Corn | 54.7 | 134 bu |
| ARC-CO | Sunflowers | 11.36 | 1382 lbs |
| ARC-CO | Peas | 5.85 | 1292 lbs |
Terms
The successful high buyer will be notified by a BigIron Realty agent at the conclusion of the auction and will be required to enter into a written purchase agreement with 15% down payment to be bank wired within 48 hours of the close of the auction. The balance will be due at closing on or before December 7, 2017. Buyer will receive full possession on the date of closing, subject to tenant rights. Seller will provide marketable title to the buyer evidenced by Title Insurance. The current year real estate taxes will be paid by the Seller and 2018 Real Estate Taxes paid by the Buyer. Property will not be sold subject to financing. Please have all financial arrangements made prior to 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.
Mineral Rights
No minerals pass they are retained by prior owner.
Water Rights
Pass to the buyer.
Possession
At closing, subject to tenants rights.
Title Insurance & Closing Costs
Shared 50/50 buyer & seller.
Land Location
Tract #2 is 9 miles north of Brewster, KS on County Road 2, then 3 miles east on County Road Z, then 1 mile north on County Road 5, then a half mile west on County Rd AA.
Legal Description
Tract #2: SW ¼ 22-6-36
Taxes
| Track #2 | SW ¼ 22-6-36 | $1,152.97 |
Listing Agent
Mike Campbell - 785-821-0619
Location
Terms
The successful high buyer will be notified by a BigIron Realty agent at the conclusion of the auction and will be required to enter into a written purchase agreement with 15% down payment to be bank wired within 48 hours of the close of the auction. The balance will be due at closing on or before December 7, 2017. Buyer will receive full possession on the date of closing, subject to tenant rights. Seller will provide marketable title to the buyer evidenced by Title Insurance. The current year real estate taxes will be paid by the Seller and 2018 Real Estate Taxes paid by the Buyer. Property will not be sold subject to financing. Please have all financial arrangements made prior to 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.