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Tract 6

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Per Acre

Tract 6

ID# BIR155

Location: Scandia, KS

Auction:Mar 2, 2018

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By bidding you are agreeing to terms and conditions of BigIron Realty. Click Terms and Conditions to view details. The bidding increments will be $50/acre. The final sale value will be calculated based on total acres times highest bid.

Closes:

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GENERAL DESCRIPTION

This land is dry cropland with great hunting potential. The land was planted to soybeans in 2017.

BID INCREMENT

The bidding increments will be $50 per acre. The final sale value will be calculated on a per acre basis times the highest bid received on each tract

BIDDING PROCESS:

You may place bids on this farm beginning February 16. Bidding concludes on March 2. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled ending time, the bidding period is automatically extended for five more minutes. The extension process will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the last day of the auction to register to bid online. All bidders must be approved to bid. Register at least 24 hours prior to the last auction day or call 402-564-3369 for assistance.

LEGAL DESCRIPTION:

The NE ¼ NW ¼ of Section 25, Township 2 South, Range 5 West of the 6th P.M., Republic County, Kansas. See web site www.bigironrealty.com for the Informational Title Report No. 4790.

WATER RIGHTS:

No water rights are included with this dryland tract.

2017 REAL ESTATE TAXES:

2017 General Taxes on 37.9 acres more or less is $498.86.

LAND LOCATION:

From Scandia, Kansas: 3 miles north, 2 miles west, 1 mile north, ½ mile west. The farm is located on the south side of the road. Watch for the Yellow Sign.

FSA INFO:

Farmland 36.53 acres

Cropland 36.53 acres

Base Acres: Wheat 5.9 50 bu PLC yield

Corn 21.60 155 PLC yield

Grain Sorghum 3.2 77 PLC Yield

SELLER:

Robinson Farms Inc.

TITLE SERVICES:

Attorney’s Title Company

Republic County Title Co., Inc.

812 Washington

Concordia, KS 66901

FOR MORE INFORMATION, CONTACT LISTING AGENT:

Mark Stock 402-276-2077

Location

Bidding Increments

For amounts up to...

Increment

or larger

$50

Terms

The successful high buyer will be notified by a BigIron Realty agent after the conclusion of the online auction. The buyer will be required to enter into a written purchase agreement with 15% down payment to be paid with a check or bank wired within 48 hours after the auction to Republic County Title Company, who will be acting as the closing agent. The balance will be due at closing on or before April 2, 2018. Buyer will receive full possession on the date of closing.

Seller will provide marketable title to the buyer evidenced by Title Insurance. Cost of Title insurance and escrow closing fees will be split between the seller and the buyer. The 2017 real estate taxes will be paid by the Seller and 2018 Real Estate Taxes and Irrigation Special Assessments on applicable tracts will be paid by the Buyer.

All Tracts will be sold subject to right of ways and easements and restrictions of record. Please review the Information Title Reports for each tract of land. Reports are available on www.bigironrealty.com. All Acreage figures and tax information has been provided from reliable sources but are not guaranteed. All FSA information provided is subject to change.

Each Bidder will be responsible for doing their own inspection of the real estate and personal property. The irrigation equipment was used in 2017 and was in working condition, however, all equipment will sell “as is, where is.” Neither the Seller or BigIron Realty, its agents or representatives, are making any warranties, either expressed or implied.

Property will not be sold subject to financing. Please 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. The Purchase Agreements and Agency Disclosures can be review on the www.bigironrealty.com web site. BigIron Realty is working for the seller.