694.70+/- Acres Kearny & Morton Counties in Kansas
Selling in 4 Tracts At
UNRESERVED ONLINE AUCTION
Thursday, March 21, 2019
Bidding opens February 28th and ends March 21st at 10:00 AM
Tract 4 is 74.23 acres of CRP expiring 9-30-2022 paying $32.50 per acre per year ($2,412 Annually). At CRP expiration, 48.5 acres of FSA commodity 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. All water rights are intact. Soils are nearly level 62.3% Belfon clay loams 0-1% slope, 25.4% Atchison loam 1 to 3% slope, and 12.3% Atchison clay loam 3 to 6% slopes.
Plan to Attend the Informational Meeting:
Grant County Civic Center Lawson Room
1000 W. Patterson Avenue
Ulysses, Kansas 67880
From the intersection of Hwy’s 160 & 25 in Ulysses, Kansas, go north on Hwy 25 to the north edge of Ulysses. Patterson Avenue is the last east/west street on the north side of Ulysses. Turn west approximately a quarter mile. The Civic Center is on the north side of Patterson Avenue. BigIron Realty Agents will be in the Lawson Room of the Civic Center on Wednesday, March 20, 2019, from 1:00 p.m. to 6:00 p.m. and Thursday, March 21, 2019, from 8:00 a.m. until conclusion of the online auction. Please come during the times scheduled to discuss the land being sold. BigIron Realty representatives will be there to assist buyers with registering to bid online. You do not need to be present to bid online, but you are required to be available by phone.
BIDDING PROCESS: You may place bids on this farm for 21 days beginning February 28, 2019, and ending March 21, 2019, at 10:00 AM. 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. Each of the 4 Tracts will be auctioned individually to the highest bidder. There will be no combination of tracts. However, a bid on any Tract with less than five minutes remaining extends the bidding on all Tracts by 5 minutes. 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: The N ½ of SE ¼ of Section 3-31-40 Morton County, Kansas, containing 74.23+/- acres
2018 Taxes: $204.66
Land Location: Where Hwy 27 crosses the Stanton/Morton County line, turn east 6.5 miles on Road DD to County Rd 23, turn south ½ mile. This land is on the west side of the road. From Ulysses, Kansas, at the intersection of Hwy 160 & 25, go 11 miles west turn south on Big Bow Grade, go 12.7 miles, turn west 4.5 miles to Road 23, turn south ½ mile. Watch for signs.
FSA Base / Yield
Gr. Sorg 36.3 Yield determined by FSA
Barley 12.2 Yield determined by FSA
Total 48.5
Mineral Rights: 50% of minerals above the Hugoton pay, and 100% below Hugoton pay.
Water Rights: All water rights are intact and sell with the property.
Possession: At closing.
Owner: Thomas W. Rottinghaus Revocable Trust
For more information, contact listing agent:
Mike Campbell 620-899-6989 or 785-821-0619
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.
