Land Auction 142.7+/- Acres Pratt County, Kansas (Surface Rights Only)

  • Sale Pending

Auction on May 16, 2019

$117,727.50
Address: Pratt County
State: Kansas
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Property Description

142.7+/- Acres Pratt County, Kansas

Selling At

UNRESERVED ONLINE AUCTION

Thursday, May 16, 2019

Bidding opens May 2nd and ends May 16th at 10:00 AM

This farm is selling on an online only auction.  To register and bid, visit www.bigironrealty.com.

General Description:  FSA carries this quarter section as 142.73 acres. It has 120.31 acres of cropland and 22.42 acres of grass & trees.  It’s divided by Hwy 61 and the UP & BNSF railroad right of way, giving excellent access to 62.61 acres north of Hwy 61 (59.61 acres cropland, 3.0 acres trees) and 80.12 acres south of Hwy 61, (60.7 acres cropland and 19.42 acres grass & trees).  It has good sanded county roads on the east and south side of the quarter. The 19.42 acres of grass & trees south of Hwy 61 has a tree sheltered feeding area with a well, submersible pump and water hydrant for livestock.  Electrical service runs into this area.  The quarter has 119.2 acres of FSA base that can be enrolled for federal farm program payments.  There are approximately 97.31 acres planted to wheat for harvest in 2019.  The buyer receives the owners’ 1/3 share of the harvested wheat and possession of the acreage following wheat harvest.  Approximately 23.0 acres are in 2018 sunflower stubble with immediate possession to the buyer at closing.  Soils: 31.6% Hayes fine sandy loam 1-5% slope. Hayes-Turon complex 0-5% slope; 21.7% Solvay loamy find sand 0-2% slope; and 21.2% Saltcreek & Naron fine sandy loams 1-3% slope. This is an excellent location for farming, hunting, a homesite or for livestock.

The bidding increments will be $25/acre. The final sale price will be calculated based on total acres times the highest bid.  Real Estate Agent reserves the right to adjust bidding increments.

Plan to Attend the Informational Meeting:

Comfort Suites (Conference Room)

704 Allison Lane

Pratt, KS 67124

BigIron Realty Agents will be at the Comfort Suites (Conference Room), Pratt, Kansas, Wednesday, May 15, 2019 from 1:00 to 6:00 p.m. and Thursday, May 16, 2019, from 8:00 a.m. until the conclusion of the online auction.  Comfort Suites is located just south of High Plains Ag Credit in Pratt, and across Hwy 61 to the east from the Pratt County FSA Office.  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 bid for 14 days beginning May 2, 2019, and ending May 16, 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.  NOTE: Do not wait until the last day of the auction to register to bid.  All bidders must be approved to bid, so register at least 24 hours prior to the auction close on www.bigironrealty.com or call 800-887-8625 for assistance.

Legal Description: The SE ¼ Section 12-26-11 Pratt County, Kansas, containing 142.7+/- acres

2018 Taxes:   $1,219.90

Land Location:  On the west side of the Pratt/Reno County line on Hwy 61, or from Turon, Kansas, go 2 miles west to the Pratt/Reno County line.  Signs are posted.    

FSA                               Base   /  PLC Yield

Wheat                              75.5          28

Gr. Sorghum                   40.9          44

Soybeans                         2.8             9

Mineral Rights:  No minerals pass to the buyer.

Water Rights:  Pass to the buyer.

Possession:  At closing on or before June 14, 2019, on grass and unplanted cropland.  After wheat harvest on acres currently planted to wheat.

Owners:  Brock W. Beattie & Patrick Kevin Beattie

For more information, contact listing agent:

Mike Campbell 620-899-6989

 

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: Security 1st Title, 1001 N. Main St., Hutchinson, KS 67501 (620-669-8289).  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 June 14, 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.

 

Property Information

  • Type:

    Farmland

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