158.34 Acres Reno County, Kansas
UNRESERVED ONLINE AUCTION
Thursday, April 4, 2019
Bidding opens March 14th and ends April 4th at 10:00 AM
This farm is selling on an online only auction. To register and bid, visit www.bigironrealty.com.
Bidding increments will be $25 acre. The final sale price will be calculated based on the total acres times the highest bid.
BIDDING PROCESS: You may place bids on this farm for 21 days beginning March 14, 2019, and ending April 4, 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 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.
Plan to Attend the Informational Meeting:
Gambino’s Pizza “Meeting Room”
310 S. Main Street
South Hutchinson, KS 67505
BigIron Realty Agents will be at the Gambino’s Pizza Meeting Room on Wednesday, April 3, 2019, from 1:00 p.m. to 7:00 p.m. and Thursday, April 4, 2019, from 8:00 a.m. until conclusion of the online auction. 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.
General Description: This level quarter of grass is carried by FSA as 158.34 acres. It has a 1.5 acre headquarter site in the southeast corner leaving 156.84 acres for grazing. 126.25 acres of this quarter was once farmed and is still carried as cropland by FSA. It has a 116.69 acre wheat base with a 28 bushel payment yield. This base can be enrolled in FSA farm programs for payment without the need to cultivate it. The quarter has been used for livestock grazing since the mid 1980’s. The predominate soil is Darlow-Elmer complex 0-2% slope. Past tenants have used electric fencing as the acreage is not fenced. Livestock and wildlife habitat water is provided by Salt Creek flowing through the property and by a spring fed pond in the northeast corner. The headquarter site has a good 40 x 96 metal building with dirt floor, sliding doors on the east & south sides and electrical service. There are two 3,200-bushel grain bins. The property has superior access with full paved 4th Street frontage on the south and Andre Road on the east. This is an excellent livestock grazing, hunting or home site property. See a drone video at www.bigironrealty.com.
Legal Description: The SE ¼ 11-23-9 Reno County, Kansas, containing 158.34+/- acres
2018 Taxes: $450.00
Land Location: From Hutchinson, Kansas, at the 4th Street & Hwy 96 junction go west 15.5 miles on paved 4th Street to Andre Road, or from Sterling Road 1 mile west on 4th Street to Andre Road. Signs will be posted.
FSA Base / Yield
Wheat 116.69 28
Mineral Rights: All mineral rights pass to the Buyer.
Water Rights: All water rights pass to the Buyer.
Possession: At closing on or before May 3, 2019.
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 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 May 3, 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.
Owner: Robert L. Norquist Trust
For more information, contact listing agent:
Mike Campbell 620-899-6989