396.72+/- Acres Reno County, Kansas
Selling in 2 Tracts At
UNRESERVEDONLINE AUCTION
October 31, 2024
Bidding opens October 17, 2024, and ends October 31, 2024, at 11:00 a.m.
Description: The N 1/2 7-25-8 is 100% ‘Prime’ cropland according to the USDA-Natural Resource Conservation Service (NRCS). They are Shellabarger, Ost-Clark and Albion loams. This is a beautiful half section with black top roads on two sides: Arlington Road on the north and Sterling Road on the west. A gravel road is on the east (Peace Road). In 2022 the tenant enrolled the land in a 5 year, USDA-NRCS, Environmental Quality Improvement Practice (EQIP). The practice is called ‘Soil Health Initiative’. The Buyer has NO obligation to continue this practice and there is NO penalty for terminating the practice. The practice is used to build soil health through crop rotations, cover crops, crop residue management and nutrient management. In 2024, the tenant has the land in 4 quadrants comprised of 71 acres in one year old alfalfa; 71 acres in forage sorghum; 68.36 acres in wheat; and 69.2 acres in grain sorghum. In between these quadrants is 36.57 acres planted in 60 ft and 90 ft wide buffer strips of sudan forage for grazing, haying, wildlife habitat and hunting. Electric fence surrounds each quadrant to control cattle grazing on each quadrant. A new solar livestock well with a tank provides water for livestock in the center of the quadrants. The tenant invested $10,500 to develop the solar well and is willing to sell it to the new buyer for $8,500 or he will remove it. Livestock panels and electric fencing belong to the tenant. The tenant will have 2025-crop wheat planted on the northeast and southwest quadrants. The buffer strips and southeast quadrant will be planted to a rye cover crop. The land is cash leased for $50 per acre per year on a year to year, verbal lease. Unless the new buyer gives the tenant a written notice of termination 30 days prior to March 1, 2025, the existing cash lease agreement 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 a proper notice of termination is given 30days prior to March 1, 2025, the buyer will have full possession March 1, 2025,on land not planted to a 2025 grain crop. The Seller pays 2024 and prior years property taxes.
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:
Reno County: Community Center
101 West Avenue C
South Hutchinson, Ks 67505
BigIron Realty Agents will be at the Community Center, in South Hutchinson, KS, on October 31, 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: This land sells in 2 individual tracts, with no combination of tracts. There is no buyer premium. You may place bids on these tracts for 14 days beginning October 17, 2024, and ending October 31, 2024, at11:00 a.m. unless extended. 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 24hours before the auction closes or call 800-887-8625 for assistance.
Legal Description: N 1/2 7-25-8
2023 Taxes: $3,174.89
Land Location: 2.5 miles west of Arlington, KS, on paved Arlington Road. Signs are posted.
FSA: Base PLC Yield
Wheat 269.3 28
Gr. Sorg. 36.8 41
Total 306.1
Mineral Rights: Seller’s mineral rights transfer to the Buyer.
Possession: At closing subject to tenant’s rights to harvest 2024 fall seeded crops in 2025.
Title Services: Security 1st Title
Mike Campbell, 620-899-6989 or Kyle Campbell, 620-200-2193