156.3 +/- Acres Barton County, Kansas
Selling On Our
UNRESERVED ONLINE AUCTION
April 16, 2020
Bidding opens April 2, 2020, and ends April 16, 2020, at 10:00 AM
This farm is selling on our unreserved online auction. Get a sale bill, register and bid on www.bigironrealty.com.
General Description: This 156.3 acres of central Kansas dryland is classified ‘prime farmland’ by USDA/NRCS. It’s 52.5% Harney silt loam (the official State soil of Kansas) 1 to 3% slope. It’s 47.5% Crete silt loam 0 to 1% slope. FSA carries the 156.3 acres of cropland as 152.34 acres cultivated, and 3.96 acres waterways and other uses. The north half of the quarter is terraced. It’s selling unreserved ‘as is’. Here’s a rare opportunity to acquire a quarter of 100% ‘prime farmland’ at the intersection of Barton, Ellsworth and Rice Counties, within 6 miles of the geographic center of Kansas. It has great access to grain delivery points in Claflin and Bushton. It’s bordered by Highway 156 at its northwest corner. It’s a half-mile north of Highway 4 using paved Barton County NE 160 Ave (Ellsworth County 1st Road) bordering the quarter’s east side. Surface rights only sell at this auction as mineral rights were transferred by former owners. One producing oil well is located in the northwest corner with an electric pump. A saltwater disposal well on the east side of the property is approximately 600 ft southwest of oil storage tanks. The buyer receives 1/3 owners share of 71.37 acres of 2020 wheat planted on the north half of the quarter with possession passing after wheat harvest. The buyer receives a 1/3 owners share of fall crops to be planted on 80.97 acres on the south half of the quarter with possession passing after 2020 fall harvest. The buyer pays no inputs for the wheat but pays 1/3 of the fall crop fertilizer. The buyer receives all of the owner’s share of all 2020 crops and therefore pays all 2020 property taxes.
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:
Bushton Community Center
301 N. Main St.
Bushton, KS 67427
BigIron Realty Agents will be at the Bushton Community Center, in Bushton, KS, on Wednesday, April 15, 2020, from 1:00 to 5:00 p.m., and April 16, 2020, from 8:00 a.m. until the conclusion of the online auction. Please come during the times scheduled to discuss the land. BigIron Realty representatives will be there to answer questions and 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 April 2, 2020, and ending April 16, 2020, at 10:00 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 prior to the auction close or call 800-887-8625 for assistance.
Legal Description: NE ¼ 36-17-11 (Barton County, KS)
2019 Taxes: $2,428.40
Land Location: From Claflin, KS, go 1 ¼ miles east on KS Hwy 4 to KS Hwy 156, then northeast 1 ½ miles on Hwy 156 to NE 120 Rd. Alternate route from Claflin, KS, go 2 ½ miles east on KS Hwy 4 to Barton County’s NE 160 Ave. (Ellsworth County’s Road 1), then ½ mile north.
Base: Wheat 108.66; Grain Sorghum 15.74 (Total 124.4)
PLC Yields: Wheat 41; Grain Sorghum 48
Mineral Rights: No mineral rights are available
Water Rights: Pass to buyer
Possession: After harvest on acres planted to 2020 wheat. After harvest on acres planted to 2020 fall crops.
Owner: Merlin & Darlene Stoss
Title Services: First American Title, Great Bend, KS 67530
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 First American Title Insurance, 2010 Forest Ave., Great Bend, KS 67530. 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 May 15, 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. Seller pays 2019 and prior years real estate taxes. The buyer pays 2020 real estate taxes. 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.