160.0 +/- Acres Sumner County, Kansas
UNRESERVED ONLINE AUCTION
August 15, 2019
Bidding opens August 1, 2019, and ends August 15, 2019, at 10:00 AM
NO BUYER’S PREMIUM
This farm is selling on an online only auction. To register, get a sale bill and bid, visit www.bigironrealty.com.
General Description: This farm sells as 160.0 +/- acres. FSA carries it as 159.82 +/- acres. It is well located within 3 miles of grain elevators in Conway Springs, Kansas. It is level to gentle 0-3% slopes with productive Nalim, Milan, Dale and Reinach silt loams. It has 29.04 acres of CRP paying $58.75 per acre ($1,706 annually), The buyer receives 100% of the CRP payments for 10-1-2019 through 9-30-2026. The CRP is planted to ‘Habitat Buffers for Upland Birds’ and surrounds the entire perimeter of the quarter. There are 125.03 acres of cropland and 5.75 acres of trees and other uses with good deer hunting. It has 181.52 acres of FSA crop base. A center pivot of a prior owner was removed by the current owner who operates it as dryland. The area is still open to new permits to appropriate water for beneficial use by the Kansas Division of Water Resources, 300 S Main St. Stafford, KS 67578. Here’s your chance to buy a great quarter of cropland, CRP and hunting land in south-central Kansas at ‘Unreserved Online Auction’.
The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid.
Plan to Attend the Informational Meeting & Auction:
Viola Community Building
100 N. Grice Street (Hwy 49)
Viola, Kansas 67149
BigIron Realty Agents will be at the Viola Community Building, in Viola, Kansas, on Wednesday, August 14, 2019, from 1:00 pm to 5:00 pm; and Thursday, August 15, 2019, from 8:00 am 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 August 1, 2019, and ending August 15, 2019, 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: The SE ¼ of section 22-30-3 W Sumner County, Kansas, containing 160+/- acres.
2018 Taxes: $1,495.10
Land Location: From Conway Springs, Kansas, go north on Hwy 49 (Conway Springs Rd) to 120th Road North, go 1 mile east on 120th Road North to Springdale Road, turn south on Springdale Road for a ½ mile. The land is on the west side of Springdale Road.
FSA: Base Acreage PLC Yield
Wheat 4.02 33
Corn 71.5 116
Gr Sorg 106.0 47
Mineral Rights: All mineral rights go to the buyer.
Water Rights: All water rights go to the buyer.
Possession: Seller will grant Immediate Possession with the Non-Refundable Earnest Deposit as stated in the terms.
Seller: Leon Hemmen Revocable Trust CLICK TO VIEW SELLER INTERVIEW
Title Services: Security 1st Title, 116 E. Harvey Ave, Wellington, KS 67152
For more information, contact listing agents:
Mike Campbell, 620-899-6989
John Buhl 402-649-3750 and Ron Stock 402-649-3705
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, 116 E. Harvey Ave., Wellington, 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 January 8, 2020. Seller will grant Immediate Possession with this Non-Refundable Earnest Deposit. 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. The Seller will pay all 2019 Real estate taxes. 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.