Tract 1: 219.74+/- Acres McPherson County, KS

326.84+/- Acres McPherson County, Kansas

Selling in 3 Tracts On Our

UNRESERVED ONLINE AUCTION

December 6, 2022

Bidding opens November 22, 2022, and ends December 6, 2022, at 11 a.m.  CST

Tract 1:

Description: This 219.74+/- acres is ‘100% prime class 2 farmland’ per USDA/NRCS. Soils are 88.4% Crete silt & Ladysmith silty clay loams 0-1% slope; 11.6%is Crete silt loam 0-3% slope.  It sells with water right #32850 dated 3-22-1979. The water right is rounded to 220.0 acres. The water right includes an additional 33-acre “place of use” on an adjoining landowner. The 33 acres at one time were farmed and irrigated with the land being sold. The water right authorizes the pumping of 204-acre feet at 1,105gallons per minute. The irrigation well sets approximately 600 ft north of the center of the SE 1/4 19-21-3.   It waters 133.76 acres of cropland on the (E1/2 of the E 1/2 19-21-3) using underground drip tape. The 133.76 irrigated acres produced 70 bushels of soybeans in 2022. The well also provides water by an underground pipe to a concrete pivot pad on the west side of the adjoining west82.44 acres (W 1/2 of the SE 1/4 9-21-3). A windshield wiper pivot of a prior farm operator has been removed. The electric pigtail is there at the pad. This 82.44 acres was farmed as dryland in 2022 and produced 100-bushel corn. 

Bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid.

Plan to Attend the Informational Meeting & Auction:

Inman Community Building

406 E. Center St.

Inman, KS 67546

BigIron Realty Agents will be at the Inman Community Building in Inman, KS, on December 6, 2022, from 9:00 a.m. CST or until the conclusion of the online auction. Please come at this time to discuss the land. BigIron Realty representatives will be there to assist Buyers with registering to bid and placing bids online. You do not have to be present to bid online, but you are required to be available by phone.

BIDDING PROCESS: You may place bids on this land for 14 days beginning November 22, 2022, and ending December 6, 2022, 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 will be 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 please register at least 24 hours prior to the auction close or call 800-887-8625 for assistance.

The irrigation engine (John Deere), gearhead, and filter system belong to the landowner and sell with the land. The engine runs on a mix of natural gas and diesel.

The land is bordered on the east by 13^th Ave and on the south by Arrowhead Road. Paved Arapahoe Road is one mile south.  

Legal Description: E1/2 of the E 1/2 19-21-3, except the northwest 20 acres, and the W 1/2 of the SE1/4 19-21-3.

2021 Taxes:  $3,135.20

Land Location:  At Arapaho Road on Hwy 61 (3.5 miles south of the Inman exit, or 8.5 miles north of Hutchinson at 30^th St.), turn east on Arapaho Road and go 7 miles to 13^thAve. Turn north on 13^th Ave and go 1 mile to Arrowhead Road. Signs are posted. 

                                                                                              PLC

FSA:                                       Crop               Base              Yield

                                                Corn               101.6              130 bu

                                                Gr. Sorg            2.79               89 bu

                                                Soybeans        116.7               34 bu

                                                Total               221.09 

Mineral & Wind Rights:  Seller’s mineral and wind rights transfer to the Buyer.

Water Rights:  Pass to the Buyer.

Possession: At closing.

                                                      Owner:

Greg Postier and Lori Elwonger

Title Services:

Security 1^st Title, 211 W. Kansas, McPherson, KS 67460

For more information, contact 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 enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment payable to Security 1^stTitle, 211 W. Kansas, McPherson, KS 67460 (620-241-1317). 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 January 6, 2023. Seller will provide a marketable title to the Buyer evidenced by title insurance. Title insurance and closing costs are split 50/50 between Buyer and Seller. The Buyer will pay additional title insurance required by the Buyer's lender 100%. The Seller will pay 2021 and prior year taxes. 2022 property taxes will be prorated to the date of closing. The property will not be sold subject to financing. 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.