158.27+/- Acres Rooks County, Kansas
Selling in 2 Tracts
On Our
UNRESERVED ONLINE AUCTION
October 11, 2022
Bidding opens September 27, 2022, and ends October11, 2022, at 10:00 a.m.
Tract 1: 79.07 Acres: This is a nice combination farm with an excellent milo crop currently growing. The pasture has a pond on it and the Buyer will receive $3,000 credit toward building a cross fence between tracts 1 and 2. Buyer will receive Sellers 1/3 share of the growing milo crop with no expenses and will also receive a credit of the second ½ of the 2022 pasture rent due November 1, 2022. Possession will be at closing on the grassland and after the 2022 milo is harvested on the cropland. Mineral rights are believed to be intact and transferred to the buyer.
The bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid. Real Estate Agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Stockton City Hall
115 S Walnut St.
Stockton, KS
BigIron Realty Agents will be at the Stockton City Hall Meeting Room in Stockton, KS, on Monday, October 10, 2022, from 4:00 p.m. to 6:00 p.m., and on Tuesday, October 11, 2022, from 8:00 a.m. until the conclusion of the online auction. Please visit us during the scheduled time to discuss this unique property. We will assist buyers with registering to bid online, answer questions, and provide information. 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 property for 14 days beginning September 27, 2022, and ending October 11, 2022, at 10:00 a.m. This unreserved online auction features bidding extensions. The closing times will be automatically extended when any one of the coupled tracts receives a bid in the last 5 minutes and will close simultaneously when none of the tracts receive a bid for 5 minutes. This will allow bidders to monitor each tract without the fear of missing out on any other tract. 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.
FSA information: The tract has 56.00 acres of cropland of which 25.59 acres are currently being farmed and is in growing milo. The balance of 53.44 is in grass.
Bases: Wheat:13.09 acres PLC yield 36
Grain Soybeans 15.95 PLC yield 50
Legal Description: The E ½ NW ¼Sec 20-6-16 Rooks County, KS, containing 79.07+/- acres.
2022 Taxes: $431.55
Property Location: From Stockton, KS, go 5 miles north on Hwy 183, then 8miles east on road E, then north 1 mile on Rd 26, then east 1 mile on Rd D to the northeast corner of the property.
Title Services: Eland Title, Hill City, KS
Lee Juenemann 785-871-0960 or Emily Swatzell 785-202-0217
Terms: The successful Buyer will be required to enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment to Eland Title with the balance due at closing. The earnest deposit can be made by a personal check, company check, or wire transfer. Closing will be on or before November 11 2022, and possession of the pasture at closing and possession of the milo will be at closing or when the harvest is complete. Seller will provide marketable title to the Buyer evidenced by title insurance. The Buyer and Seller are splitting all other closing costs. The 2022 taxes will be prorated to the closing date. The property will not be sold subject to financing. Please 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.