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156.21+/- Acres Reno County, Kansas
Selling in 2 Tracts On Our
UNRESERVED ONLINE AUCTION
April 25, 2023
Bidding opens April 11, 2023, and ends April 25, 2023, at 11:00 a.m. CDT
Tract 2: 76.18+/- Acres
Description: This 76.18+/- acres is 100% ‘Prime’ cropland located in the highly desirable ‘Farnum-Naron’ soil association. It has deep, nearly level to undulating loamy soils. This soil association lays southeast to northwest through central Reno County, narrowing into a 3 to 5-mile wide vein 4 miles west of Nickerson, where this land is located. Possession passes to the buyer on 52.0+/- acres of 2022 soybean stubble at closing on May 25, 2023. Possession of 24.18+/- acres of wheat passes August 1, 2023. The seller retains the cash rent on 24.18+/- acres of wheat and pays the real estate taxes to the closing date. Lime was applied in the last two years. There is no expense to the buyer for the carry-over lime. The land is bordered on the east by paved Sego Road and on the south by 56th Avenue. Grain delivery is 1.75 miles north on Sego Road to Hwy 96, then 5 miles north to Sterling or 4 miles east to Nickerson.
The 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:
121 S. Broadway Ave.
Sterling, KS 67579
BigIron Realty Agents will be at Studio 96, in Sterling, KS, on April 25, 2023, from 9:00 a.m. until the conclusion of the online auction. Please come during the times scheduled to discuss the land. BigIron Realty Representatives will assist buyers with registering to bid and with 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 farm for 14 days beginning April 11, 2023, and ending April 25, 2023, 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 period is 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 register at least 24 hours before the auction closes or call 800-887-8625 for assistance.
Legal: S 1/2 of SE 1/4 22-22-8
2022 Taxes: $1,004.18
Location: Four miles west of Nickerson, KS, on Hwy 96, then 1.75 miles south on paved Sego Road. Signs are posted.
Wheat 44.78 41
Gr. Sorghum 28.61 68
Soybeans 4.89 29
Mineral& Wind Rights: Seller’s mineral & wind rights to the buyer at closing, believed to be 100%intact.
Water Rights: To the buyer at closing.
Possession: To the buyer at closing on unplanted 52.0 acres. Possession passes August 1, 2023, on 24.18 acres planted to wheat.
Otis L. Pinkerton Trust
Security 1st Title, 1001 N. Main, Hutchinson, KS 67501
For more information, contact the 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 must enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment made payable to Security 1st Title, 1001 N. Main, Hutchinson, KS 67501. 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 May 25, 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 a buyer's lender 100%. Property taxes will be prorated to the date of closing. 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.
US $0 or largerUS $50
There may be several pages of items listed, scroll to the bottom of the screen to see all items. 1st item closes at Tue, Apr 25, 2023 11:00 AM CDT with each additional item closing at 60 minute intervals there after unless time extends.The auction carries a 5 minute extension. Any bids placed in the last 5 minutes of a time slot will extend the lot 5 additional minutes. This is an unreserved online-only internet auction event.No minimums, no reserves, no buy backs, no one bidding for the Seller.Each piece will sell without reserve to the highest bidder. To sell Equipment, Real Estate, Livestock on our next auction call a sales representative today, 1-800-937-3558.
There may be several pages of items listed, scroll to the bottom of the screen to see all items.
1st item closes at Tue, Apr 25, 2023 11:00 AM CDT with each additional item closing at 60 minute intervals there after unless time extends.The auction carries a 5 minute extension. Any bids placed in the last 5 minutes of a time slot will extend the lot 5 additional minutes.
This is an unreserved online-only internet auction event.No minimums, no reserves, no buy backs, no one bidding for the Seller.Each piece will sell without reserve to the highest bidder.
To sell Equipment, Real Estate, Livestock on our next auction call a sales representative today, 1-800-937-3558.