The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. The Real Estate Agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Jay Johnson Public Library
411 Main St.
Quinter, KS 67752
BigIron Realty Agents will be at the Public Library in Quinter, KS, on Monday, November 15, 2021, from 1:00 to 5:00 p.m. CST and Tuesday, November 16, 2021, from 8:00 a.m. CST until the conclusion of the online auction. Please come during the times scheduled to discuss the land. BigIron Realty representatives will be there to assist Buyers with registering to bid and placing bids 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 land for 14 days beginning November 2, 2021, and ending November 16, 2021, at 11:00 a.m. CST. 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.
This quarter section is 157.81 acres of dry cropland rated 88.5% “Prime Farmland” by the USDA, Natural Resource Conservation Service (NRCS). It’s primarily Harney Silt Loam, 0-3% slope Class 2 soil. The other 11.5% are soils of “Statewide Importance.” It’s terraced and 100% tillable. It was planted to dryland corn in 2021. Seller pays all 2021 and prior year taxes and retains the 2021 cash rent of $50 per acre. Possession to the Buyer at closing subject to tenants rights ending March 1, 2022. The land will be unplanted as of March 1, 2022. Seller’s mineral rights pass to the Buyer believed to be 100% intact. The land is in the heart of western Kansas pheasant and deer hunting. It has outstanding access located 4 miles east of Quinter, KS, on Old Hwy 40, then a half-mile south, or from Collyer, KS, go 3 miles west on Old Hwy 40 and a half-mile south. The land is a half-mile north of I-70 and bordered on the west by Gove Road 80.
Legal Description: SW 1/4 1-12-26 (Gove County, KS)
2021 Taxes: $2,036.76
Land Location: From Quinter, KS, take Road Z, two miles east to Old Hwy 40. Then two miles east-southeast on Old Hwy 40 to Road 80, then a half-mile south. From Collyer, KS, take Old Hwy 40 three miles west to Road 80, then a half-mile south. Signs are posted.
FSA: CropBasePLC Yield
Wheat 73.45 36
Gr. Sorghum 39.43 58
Barley 13.25 40
Mineral Rights: Seller’s mineral interests believed to be 100% intact go to the Buyer.
Water Rights: Go to the Buyer.
Possession: To the Buyer at closing subject to tenant’s rights ending March 1, 2022.
Owner: Kenneth L. Hladek
Title Services: Eland Title, 208 E. 2nd, Oakley, KS
For more information, contact the listing agent:
Mike Campbell, 785-821-0619
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 Eland Title, 208 E. 2nd, Oakley, KS 67748. The earnest money deposit can be made by personal check, company check, or wire transfer. The balance will be due at closing on or before December 16, 2021. 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 2021 and prior years will be paid by the Seller. 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.