425.5+/- Acres Reno & Rice County, Kansas Selling in 5 Tracts

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Auction on February 6, 2020

Address: Reno & Rice County
State: Kansas
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Property Description

425.5 +/- Acres Reno & Rice County, Kansas

Selling in 5 Tracts On Our

UNRESERVED ONLINE AUCTION

February 6, 2020

Bidding opens January 23, 2020, and ends February 6, 2020, at 10:00 AM

Tract 1:

General Description:  Here’s a rare opportunity to buy a fine, 120 +/- acres of cropland three miles from grain markets in Sterling, KS. It’s located 2.5 miles south of Sterling, KS, on Highway 96, then ½ mile west on paved 101st Ave. The land is well cared for with soil conservation practices, including terraces, no-till farming, and two grass waterways totaling 2.72 acres.  The waterways have preserved their cropland status and base protection with USDA-FSA. This gives the remaining 117.28 acres of cropland access to 119.1 acres of USDA-FSA base.  Soils are either classified ‘Prime Farmland’ or soils of ‘Statewide Importance’ by USDA-NRCS including Naron, Saltcreek, Kaskan, Imano, and Farnum & Funmar loams. It’s in 2019 wheat stubble, ready for your 2020 farming operation. The landowner on the north side of this quarter has a road right-of-way easement along the west side of the quarter. 100% of the mineral rights go to the buyer.  Immediate and full possession goes to the buyer at closing with no tenant interest.  This property would make an excellent homesite location.

The bidding increments will be $50/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 & Auction:

Studio 96

121 South Broadway

Sterling, KS 67579

BigIron Realty Agents will be at Studio 96, in Sterling, KS, on Wednesday, February 5, 2020, from 1 to 5 p.m., and February 6, 2020, from 8 a.m. until the conclusion of the online auction.  Please come during the times scheduled to discuss the farm.  BigIron Realty Representatives will be there to assist buyers with registering to bid online.  You do not have 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 14 days beginning Jan. 23, 2020, and ending Feb. 6, 2020, at 10 a.m.  This unreserved online auction features bidding extensions. All tracts sell individually with no combination of tracts. The closing times will be automatically extended when any one of the tracts receives a bid in the last five minutes and all tracts will close simultaneously when none of the tracts receive a bid for five minutes.  This will allow bidders to monitor each tract without the fear of missing out on any other tract. 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: South 120.0 acres NE ¼ 5-22-8 (Reno County, KS)

2019 Taxes:   $1,313.25

Land Location:  2.5 miles south of Sterling, KS, on Highway 96 to 101st Ave, then ½ mile west.

FSA:                           Base              Yield

 Wheat                        54.03                42 bu.

Corn                           49.93              124 bu.

Soybeans                 15.14                39 bu.

Total                       119.1

Mineral Rights:  100% to buyer

 Water Rights:  Sell to a buyer

 Possession:  At closing

Property Video: https://youtu.be/XE2-0o4lGew

 

Tract 2:

General Description:  Beautiful, 78.15 +/- acres, located a quarter-mile south of the 69th Ave & Sterling Road intersection in Reno County. Soils are among the most productive in Reno County considered ‘Prime Farmland’ by USDA-NRCS. They are primarily Saltcreek and Naron fine sandy loams 1-3% slope, and Saltcreek-Funmar-Farnum complex 1 to 3% slope. It has 68.17 acres cropland, 8.7 acres of grass waterways and timber. It has a 1.28 acre riparian area where Peace Creek passes through the northwest corner. It has 76.31 acres of FSA base. Grain markets are eight miles to Sterling, nine miles to Nickerson, 12 miles to Abbyville, or 19 miles to Hutchinson.  A row of timber borders the south property line. Additional tree groves and wildlife habitat are found throughout the beautiful waterways. Deer and other wildlife are abundant. Cropland is in 2019 wheat stubble and ready for your 2020 farming operation.  100% of the mineral rights go to the buyer. Immediate and full possession goes to the buyer at closing with no tenant interest.  If you want prime cropland, hunting land, or a homesite, this is the property.

Legal Description:  S ½ of NE ¼ 24-22-9 (Reno County, Ks)

2019 Taxes:  $1,053.66.

Land Location:  Sterling, KS, go 2.5 south to 101st Ave., go west on the pavement three road miles to Sterling Road, then 2.5 south.  From 4th Street in Reno County go 4.5 miles north on Sterling Road

FSA:                           Base              Yield

 Wheat                        39.63                38 bu.

Corn                           32.45              119 bu.

Soybeans                   4.23                38 bu.

Total                         76.31

 Mineral Rights:  100% to buyer

 Water Rights:  Sell to a buyer

 Possession:   At closing

Property Video: https://youtu.be/U3Q6bXCbjlo

 

Tract 3:

General Description:  This 76.56 +/- acre tract contains 73.57 +/- acres of cropland and 2.99 acres of timber on the south side. It’s in 2019 corn stubble. No-till farming practices have been used extensively with good production.  It’s ready for your 2020 farming operation and close to grain markets in Sterling, KS. The land is located three miles west of Sterling, KS, on Ave W, then two miles south on 12th. The 2.99 acres of timber are home to deer and other wildlife, as shown on game cameras.  USDA-FSA has this tract combined with other tracts, so bases shown are estimates based on a cropland ratio. The estimated FSA base in 73.0 acres. The cropland is primarily Turon-Carway Complex 0 to 5% slopes. 100% of the mineral rights go to the buyer. Immediate and full possession goes to the buyer at closing with no tenant interest.

Legal Description:  S ½ of SE ¼ 35-21-9 (Rice County, KS)

2019 Taxes:  $453.81

Land Location:  Three miles west of Sterling, KS, on Ave W, then two miles south on 12th.

FSA:  Estimated     Base              Yield

 Wheat                        37.93                38 bu.

Corn                           31.06              119 bu.

Soybeans                   4.01                38 bu.

Total                         73.00

Mineral Rights:  100% to buyer

 Water Rights:  Sell to a buyer

 Possession:  At closing

Property Video: https://youtu.be/_MviqRUxpjM

 

Tract 4:

General Description:  Here’s a rare opportunity to buy 78.61 +/- acres just 2.8 miles east of Sterling, KS, on Ave W. Close access to markets and productive soils make this a great addition to your farming operation. It has 76.95 acres of cropland and 1.66 acres of trees. USDA-FSA has the cropland 99% based at 76.39 acres. Nearly half the soils are Farnum-Funmar loams, Saltcreek & Naron fine sandy loam, and Canadian fine sandy loam. All are classified as ‘Prime Farmland’ by USDA-NRCS. Other soils are Abbyville loam class 3 & Darlow-Elmer complex class 3 & 4. Nearly all soils are 0-1% slope making this a nearly level tract. It’s currently in 2019 corn stubble farmed using no-till practices.  It’s ready for your 2020 farming operation. 100% of the mineral rights to the buyer. Immediate and full possession goes to the buyer at closing with no tenant interest.

Legal Description:  E ½ of SW ¼ 24-21-8 (Rice County, Ks)

2019 Taxes:  $692.68

Land Location:  2.8 miles east of Sterling, Ks, on Ave W.  A quarter-mile east of Ave W & 18th.

FSA:                           Base              Yield

Wheat                        34.66                42 bu.

Corn                           32.02              124 bu.

Soybeans                   9.71                39 bu.

Total                         76.39

 Mineral Rights:  100% to buyer

 Water Rights:  Sell to a buyer

 Possession:  At closing

Property Video: https://youtu.be/6asDEiU57vY

 

Tract 5:

General Description:  These 72.18 +/- acres are all ‘Prime Farmland’ with oil income to pay the taxes. The land is close to grain markets being just one mile south of Sterling, KS, on Highway 96 to Ave X, then 2.5 miles east to 18th Ave. Soils are nearly level Canadian fine sandy loam, Saltcreek & Naron fine sandy loam, and Kaski loam. These prime soils are among the most productive in Rice County. There are 71.47 acres of cropland, 0.46 acres in trees in the northeast corner, and 0.25 acres in an oil well site on the south. The 71.47 acres of cropland has 71.02 acres of FSA base. The cropland is divided by the K&O railroad, with 51.23 acres north and 20.24 acres south of the railroad. Moving between the two tracts is easy as 18th Ave borders the land on the west and crosses the rail line. Ave X borders the land on the south. There is a producing oil well on the south side of the property producing approximately $300 in royalty income to the seller per month that sells with the property. The seller states the buyer of this tract, along with landowners on four sections of adjoining land, share in the royalty income from this well and from any other wells that may be developed in the future on the four sections. Cropland is currently idle and ready for your 2020 farming operation. 100% of the seller’s mineral rights go to the buyer. Immediate and full possession goes to the buyer at closing with no tenant interest.

Legal Description:  W ½ of SW ¼ 25-21-8 (Rice County, KS)

2019 Taxes:  $976.04

Land Location:  Onbe mile south of Sterling, KS, on Hwy 96 to Ave X, then 2.5 east to 18th

FSA:                           Base              Yield

 Wheat                        32.22                42 bu.

Corn                           29.77              124 bu.

Soybeans                  9.03                39 bu.

Total                         71.02

Mineral Rights:  Sellers rights 100% to buyer

 Water Rights:  Sell to a buyer

Possession:   At closing

Property Video: https://youtu.be/iezatzUJvM4

 Owner:  River Valley Farms, Inc – Gary Proffitt

For more information, contact 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 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, 108 East Ave S, Lyons, KS.  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 March 6, 2020.  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 for 2019 to be paid by the seller.  2020 taxes will be prorated to the date of closing.  Bidding increments may be changed at the discretion of the Real Estate Agent.  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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