313.28+/- Acres Stafford &Reno Counties, Kansas

Selling in 2 Tracts on Our

UNRESERVED ONLINE AUCTION

September 20, 2022

Bidding opens September 6, 2022, and ends September 20, 2022, at 11:00 am.  

Description

Tract 2

155.71+/-acres with 129.58+/- acres of cropland that is expired CRP grass. The Seller swathed and baled the grass at the end of July 2022.  Two fields of nearly the same size, 64.82 acres, and 64.76 acres, are, separated by 24.89 acres of native grass and wildlife habitat running east-west through the middle of the quarter. The pasture is not fenced. A 5-inch PVC cased well is near the center of the grass. The well is 25 feet to the water and 60 feet deep. It requires a submersible pump and a power source. The 129.58+/- acres are classified as cropland and could be put back put back to grain production or left in grass. The soils are Langdon fine sand 0-15% slopes on the north half. The south half is predominately Hays-Solvay loamy fine sands and Hayes-Turon complex, all 0-5% slope that are soils of ‘Statewide Importance’ class 3, just under ’prime’ class 2. There are several tree groves with deer and turkey. The land is on paved 140th Ave a half mile north of Zenith, KS, on Hwy 50 on the Stafford-Reno County line.            

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:

OASIS Restaurant

33904Hwy 50

Sylvia, KS 67581

BigIron Realty Agents will be at the OASIS Restaurant, in Sylvia, KS, on September 20, 2022, from 9:00 CDT 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 September 6, 2022, and ending September 20, 2022, at 11:00 am. 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.

Legal Description:  NW 13-24-11 (155.71 +/- acres) Stafford County, KS

2021 Taxes:  $725.28

Land Location: From Zenith, KS, on Hwy 50 on the Stafford/Reno County line, go north a half mile on 140^th Ave.

FSA:   This tract has no FSA bases or yields.                                       

Mineral Rights:  No mineral rights exist to transfer to the Buyer.

Water Rights:  Pass to the Buyer.

Possession: At closing.

Owners: J. Keith & Sharilyn I. McNickle

Title Services:

Security 1^st Title, 1001 N. Main, Hutchinson, KS 67501

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, 1001 N. Main, Hutchinson, KS 67501 (620-669-8289). 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 October 20, 2022. 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. 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.