Tract 1: 77.74+/- Acres McPherson County, KS

212.96+/- Acres McPherson County, Kansas

Selling in 5 Tracts On Our

UNRESERVED ONLINE AUCTION

August1, 2023

Bidding opens July 18, 2023, and ends August 1, 2023, at 11:00 a.m. CDT

 Description of Tracts: This 212.96+/- acres selling in 5 tracts is some of the finest, best-located farmland in McPherson County, KS. The tracts either border or are within 2 miles of Inman, KS. Three tracts border the K-61 (4-lane) highway passing by Inman. Each tract sells separately with no combination of tracts. There are 196.68+/- acres of farmland and 16.28+/- acres of waterways, ponds, trees, and other uses. The seller's mineral rights go to the buyer(s) and are believed to be 100% intact. A survey is being completed on tracts 3, 4, and 5 to establish the exact acres and legal descriptions for title purposes. This will be done before closing. The final purchased acres may differ slightly from those advertised here. Possession passes at closing. Sellers are paying the 2023 and prior year property taxes.

Tract 1:

Description: This 77.74+/- acres is 100% ‘prime’ class 2 farmland. It has 72.91+/- acres of cropland with 4.83 acres in waterways and other uses as determined by FSA. The FSA crop bases total 74.6 acres. The soil is highly productive Crete silt loam 0-1% and 0-3% slope. It was planted to 2023-crop wheat harvested by the sellers. The buyer receives immediate possession at closing. This is an outstanding tract of McPherson County, KS, farmland approximately 2 miles northwest of Inman, KS. Take advantage of this opportunity to own it. The sellers are Kent, Christian, and Jeff Kaufman.

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

406 E. Center St.

Inman, KS 67546

BigIron Realty Agents will be at the Inman Community Building, in Inman, Kansas, on August 1, 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 July 18, 2023, and ending August 1, 2023, at 11:00 a.m. This unreserved online auction features bidding extensions. If a bid is received on any tract within five minutes of the scheduled close time, the bidding will be automatically extended to five minutes on all tracts. 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 on bigiron.com at least 24 hours prior to the auction close or call 800-887-8625 for assistance.

Land Location:  The land is approximately 2 miles northwest of Inman, KS. You can find it in two ways: (1) On K-61 highway, take the Inman, KS, exit. Go east to Inman 1/4 mile to old K-61. Turn northeast on old K-61 for 3/4 mile to 8^th St.  Turn northwest 1 mile to 8^th St. Signs are posted. (2) Go 1 mile north of Inman, KS, on the new K-61 Hwy to Chisolm Rd. Turn west on Chisolm Rd, go 1.1 miles to 8^th St, then turn south 1/4 mile. Signs are posted.

Legal Description: S 1/2 of NE 1/4 5-21-4

2022 Taxes:  $985.14

                                                                                              PLC

FSA:                                       Crop                     Base        Yield

                                                Wheat                  67.9          61

                                                Gr. Sorghum         4.2           47

                                                Soybeans              2.5          35

                                                Total                     74.6

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

Water Rights:  Pass to the buyer.

Possession:  At closing.

Water Rights:  Pass to the buyer.

Possession:  At closing.

Owners:

Kent, Christian & Geoffery Kaufman

Title Services:

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

For more information, contact the listing agent: 

Mike Campbell, 620-899-6989

Terms:  If a bid is received on any tract within five minutes of the scheduled close time, the bidding will be automatically extended to five minutes on all tracts. This will continue until there is a five-minute period where no bids are placed. 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 a written purchase agreement immediately after the sale with a 10% non-refundable down payment payable to Security 1^st Title, 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 to be scheduled for September 1, 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 the buyer's lender 100%. The seller will pay 2023 and the prior year's property 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.