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776.13+/- Acres Barton & Russell Counties, Kansas
Selling in 5 Tracts At
UNRESERVED ONLINE AUCTION
November 7, 2024
Bidding opens Oct. 24, 2024, and ends Nov. 07, 2024, at 11:00 AM
Agent Comments: This 776.13+/- acres of Barton County and Russell County, Ks, farmland sell in 5 tracts, at our BigIron Realty Unreserved Online Auction, Nov. 7, 2024, with no combination of tracts. Tracts 1 and 2 are 3.5 miles north of Susank, Ks, to the Barton/Russell County line, then three miles north into Russell County on 190th St. Tracts 3 and 4 are north of and within 7 miles of Hoisington, Ks., in Barton County. All tracts are predominately ‘Prime’ with other soils of ‘Statewide Importance’. Tract 5 is a .78 acre building site two miles northwest of Hoisington, Ks.
The cropland is crop shared 2/3 tenant and 1/3 landowner in a verbal, year to year lease. The buyers of these tracts will need to give the tenants a written notice of termination 30 days prior to March 1, 2025, or the existing verbal lease continues for another year. On land planted to a 2024 fall seeded grain crop (wheat) the tenant has the right to harvest those acres in 2025. If proper notice of termination is given 30 days prior to March 1, 2025, the buyer will have full possession March 1, 2025, on land not planted to a 2024 fall seeded grain crop. The 2024 property taxes will be paid by the seller.
Tract 4: 156.23+/- Acres
Description: This Barton County quarter is 156.23 +/- acres. It’s located four miles north of Hoisington, Ks, on paved Susank Rd, to paved 150th Rd, then turn east on paved 150th Rd for 3 miles to NE 30th Ave. The quarter has 134.01 acres of terraced cropland. The soils are 49.4% ‘Prime’ and 31.2.% soils of ‘Statewide Importance’ according to USDA Natural Resources & Conservation Service (NRCS). In 2024, the FSA acreage report shows 134.01 acres of fallow. It has a 6.03 acre waterway and 16.19 acres of grass along the east side. The grass has a pond and trees. The seller’s mineral rights sell with the land. There is an oil well that is not producing. Oil storage tanks are in place.
The bidding increments will be $50/acre on Tracts1-4, on Tract 5 the bid will be on the total Lot. The final sale price on Tracts 1-4 will be calculated based on total acres times the highest bid and Tract 5 will be the highest total bid.
Plan to Attend the Informational Meeting & Auction:
Hoisington Activity Center
1200 Susank Rd
Hoisington ,Ks 67544
BigIron Realty Agents will be at the Hoisington Activity Center in Hoisington, Ks, on Nov. 7, 2024, from 9:00 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 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 land for 14 days beginning Oct. 24, 2024, and ending Nov. 7, 2024, at 11:00 am unless extended by bidding. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time on ANY tract, the bidding period is automatically extended to five minutes on ALL tracts. 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: SW 1/4 12-17-13
2023 Taxes: $1,065.34
Land Location: Four miles north of Hoisington, Ks, on Susank Rd, to 150th Rd. Turn east on 150th Rd for 3 miles to NE 30th Ave. Signs are posted.
PLC
FSA: Base Yield
Wheat 55.52 31
Gr. Sorghum 76.79 56
Total 132.31
Mineral Rights: Seller’s mineral rights pass to the buyer. Has an oil well not producing.
Possession: Possession at closing subject to tenants’ rights.
Owner:
Donald Morgenstern Estate
Title Services:
First American Title, 2010 Forest Ave., Great Bend, Ks 67530
For more information, contact listing agents:
Mike Campbell – 620-899-6989 / Kyle Campbell – 620-200-2193
Location
Terms
All tracts sell ‘AS-IS’ subject to all rights of way and easements, whether recorded or not, and to oil and gas leases of record if any. The land is accepted by the Bidder with no representation or warranty of any kind from the Seller or from BigIron Realty, including, but not limited to: the lands condition, it’s suitability for any activity or use, its compliance with environmental protection, pollution, or land use laws, regulations, orders, or requirements, the disposal, existence in, on, or under the land of any hazardous materials or substances. Acreages are based on USDA/FSA records considered reliable and may differ from deeded or taxable acres. Bidders are responsible for conducting their own inspections and due diligence concerning the property. Bidding on this land begins Oct. 24, 2024, and ends Nov. 7, 2024, at 11 am unless there are bidding extensions. If a bid is received within five minutes of the scheduled close time on ANY tract, the bidding period is automatically extended to five minutes on ALL tracts. The successful Buyer(s) 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, 2010 Forest Ave., Great Bend, Ks 67530 (620-793-3781). The earnest money deposit can be made by personal check, company check, or wire transfer. The balance is due in certified funds at closing on or before Dec. 7, 2024. The Seller will provide marketable title to the Buyer(s) evidenced by title insurance. Title insurance and closing costs are split 50/50 between Buyer(s) and Seller. Buyer(s) will pay additional title insurance required by a Buyer's lender 100%. Seller pays the 2024 property taxes. The property will not be sold subject to financing. Have all financial arrangements made prior to the auction. Announcements made day of sale take precedence over printed material and previously made oral statements. The written purchase agreement, to be signed by the seller and buyer(s) 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.