Per Acre
ID# BIR1093
Location:
St. Francis, KS
Auction:Dec 15, 2020
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By bidding you are agreeing to terms and conditions of BigIron Realty. Click Terms and Conditions to view details.
The bidding increments will be US $50/acre. The final sale value will be calculated based on total acres times highest bid.
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711.4+/- Acres Cheyenne County, Kansas
Selling in 3 Tracts On Our
UNRESERVED ONLINE AUCTION
December 15, 2020
Bidding opens December 1, 2020, and ends December 15, 2020, at 11:00 AM
Tract 1 is 313.3 acres with 304.9 acres cropland and 8.4 acres grass. It’s the S ½ 21-2-39 located 7 miles north of the US Hwy 36 and US Hwy 27 intersection at Wheeler, KS. The half section is northeast of the intersection of Road 19 and Road U. Over half the soils are Satanta loams with high water storage capacity and considered prime farmland if irrigated, but still, a highly desirable type 2 dryland soil. It has high FSA bases totaling 195.94 acres: Wheat base 123.38 acres with a 45 bu PLC yield; Corn base 72.56 acres with a 101 bu PLC yield. This is a great opportunity for any investor. It’s cash leased for $35 acre through December 31, 2022. The tenant has the right to harvest wheat planted in the fall of 2022 in the summer of 2023.
The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. Real Estate Agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Western State Bank
400 E. Washington
St. Francis, KS 67756
BigIron Realty Agents will be at the Western State Bank in St. Francis, KS, on Monday, December 14, 2020, 1:00 p.m. to 5:00 p.m. and Tuesday, December 15, 2020, 8:00 a.m. until the conclusion of the online auction. Please come during the times scheduled to discuss the land. BigIron Realty Representatives will be there to assist buyers with registering to bid 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 December 1, 2020, and ending December 15, 2020, at 11:00 a.m. This unreserved online auction features bidding extensions. The closing times will be automatically extended when any one of the tracts receives a bid in the last 5 minutes and will close simultaneously when none of the tracts receive a bid for 5 minutes. This will allow bidders to monitor each tract without the fear of missing out on any other tract. 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 prior to the auction close or call 800-887-8625 for assistance.
Legal Description: S ½ 21-2-39
2019 Taxes: $1,888.28
Land Location: Go 7 miles north of Wheeler, KS, on Road 19.
FSA:
Base: Wheat 123.38; Corn 72.56
PLC Yield: Wheat 45; Corn 101
Mineral Rights: Sellers mineral rights pass to the Buyer.
Water Rights: Pass to the Buyer.
Possession: At closing, subject to tenant’s rights.
Owners: Corner Post Land & Hay Inc and
Jared & Candace Douthit
Title Services: Cheyenne County Title Company, LLC, 313 S. Bird, Bird City, KS 67731
For more information, contact listing agent:
Mike Campbell, 785-821-0619
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 into a written purchase agreement immediately after the sale with a 10% non-refundable down payment made payable to Cheyenne County Title Company, LLC, 313 S. Bird, Bird City, KS 67731 (785-734-7800). The earnest money deposit can be made by personal check, company check, or by wire transfer. The balance will be due at closing on or before January 15, 2021. Seller will provide marketable title to the Buyer evidenced by title insurance. Title insurance and closing costs are split 50/50 between Buyer and Seller. Additional title insurance required by a Buyer’s lender will be paid 100% by the Buyer. Real estate taxes will be prorated to the date of closing. Bidding increments may be changed at the discretion of the Real Estate Agent. 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.
Location
Terms
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