Land Auction 316.7+/- Acres Logan County, KS, selling in 2 Tracts

  • Sale Pending

Auction on April 13, 2021

$618,270.00
Address: Logan County
State: Kansas
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Property Description

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316.7+/- Acres Logan County, Kansas

Selling in 2 Tracts On Our

UNRESERVED ONLINE AUCTION

April 13, 2021

Bidding opens March 30, 2021, and ends April 13, 2021, at 10:00 a.m.

The bidding increments will be $50/acre. The final sale price will be calculated based on the total acres times the highest bid.  Real Estate Agent reserves the right to adjust bidding increments.

 Plan to Attend the Informational Meeting & Auction:

City Limits Convention Center

2227 S Range

Colby, KS, 67701

BigIron Realty Agents will be at the City Limits Convention Center in Colby, KS, on April 13, 2021, from 8:00 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 March 30, 2021, and ending April 13, 2021, 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.

All of the tracts are in a flood plain.

Tract 1:  156+/- Acres:  SOLD $1,800/Acre

General Description:  This nice dryland farm has been well maintained. It currently has growing wheat that will go with the farm. The farm lays mostly flat with some terraces in place. Good access via an oil road.

Legal Description:  The SE ¼ Section 13-12-36, Less Rd RW Logan County, KS, containing 156+/- acres.

2020 Taxes:   $1,242.36

Land Location:  From Winona, KS, go 2 ½ miles south on Road 220. The farm will be on the right side of the road.

Mineral & Water Rights:  Go to the Buyer 

Possession:  At closing

 

Tract 2:  160.7+/- Acres:  SOLD $2,100/Acre

General Description:  This nice dryland farm has been well maintained. It was planted to corn last crop year. This farm lays flat. There is a crop road to take you to the southwest corner of the farm.

Legal Description:  The SE ¼ Section 10-14-37, Logan County, KS, containing 160.7+/- acres.

2020 Taxes:   $1,290.00

Land Location:  From Winona, KS, go 10 miles south on Road 220 to KS 25, then west 6 miles, south 5 miles to Jayhawk Road, then west 3 miles, north 1 mile, east ½ mile, you will be on the southwest corner of the farm. 

Mineral & Water Rights:  Go to the Buyer

Possession:  At closing

Owner:  Alexia Roberts

Title Services:  Eland Title Co. LLC

For more information, contact the listing agent:

Molly Oliver 785-462-5203

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 Co. LLC.  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 May 14, 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 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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