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Tract 2 is a half section bordering paved Kearny County Road AA. It totals 310.97 acres of which 242.27 acres are cropland. The cropland was formerly irrigated and is now enrolled in CRP/CREP in exchange for permanently retiring the irrigation water rights on the half section. Water rights for domestic and livestock purposes are still intact. CRP/CREP payments total $30,276 per year for 8 more years through 9-30-2026 ($778.88 acre). NRCS reports the CRP/CREP contracts are in conservation compliance and planted to grass. At CRP/CREP expiration, 242.1 acres of FSA base will be restored for use by the buyer, including earning FSA payments on the base as either a stand-alone farm, or in combination with other land owned by the buyer depending on farm bill provisions in place at the time. Also, at CRP/CREP expiration the land can be cultivated or grazed. Livestock water can be accessed through either the retired irrigation well casing, by drilling a new domestic & livestock well, or by a livestock water pipeline from Tract 1, if you buy both Tracts 1 & 2. A nice 40 x 60 Morton building, with east side sliding doors, is accessible from paved Road AA. This tract has barbwire fence in fair condition on the north, west and south sides. Soilis Valent fine sand 5 to 20% slopes.
FSA Base/ Yield
Wheat 38.7 / 41 (to be restored at CREP expiration)
Corn 167.1 /118 (to be restored at CREP expiration)
Gr Sorg 36.3 / 73 (to be restored at CREP expiration)
Mineral Rights: No mineral rights are available.
Water Rights: There are no irrigation water rights. Domestic & livestock water rights intact.
Possession: At closing.
Location
Terms
Acreages are considered approximate and obtained from reliable sources based on USDA FSA information. FSA acres may be different than deeded acres, county appraiser or county treasurer taxable acres. The property will be sold ‘As Is’. Each bidder is responsible for conducting their own independent inspection and due diligence. Neither the Seller or BigIron Realty, it’s agents or representatives, are making any warranties about the property, either expressed or implied. 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: Frazee Abstract & Title, 301 Main St., Syracuse, Kansas 67878 (620-384-7828). 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 April 23, 2019. 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. 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.