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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 1: 154.82+/- Acres

Description: This Russell County quarter section is 154.82+/- acres located three miles north of the Russell/Barton County line on paved 190th St at Winterset Rd. It has 140.5 acres of cropland. The soils are 76.3% ‘Prime’ and 23.7% soils of ‘Statewide Importance’ according to USDA Natural Resources & Conservation Service (NRCS). It was planted to 91.9 acres of grain sorghum in 2024.  Grass hay was harvested from 49.31 acres. Another 10.77 acres of brome waterways were hayed.  There are 3.55 acres of waste and other uses. There are two oil wells on this property with no mineral interests available on the south well. The seller’s mineral interest in the north well transfers to the buyer.  This well averaged 718 barrels per year 2020 through 2023. The buyer receives the sellers .109375 share. 

 

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:  NW 1/4 22-15-13 (Russell County)

 

2023 Taxes: $1,345.62

 

Land Location:  From the Russell, Ks, I-70 Exit 184, go south 8.5 miles on Hwy 281 to Winterset Rd. Turn east 4.5 miles to 190th St. Signs are posted. From Susank, Ks, go north 3.75 miles on paved Susank Rd, then go east a 1/2 mile, then 3 miles north on paved 190th St. Signs are posted.

 

                                                          PLC              

FSA:                           Base              Yield            

Wheat                         37.78              31                   

Gr. Sorghum               52.26              56                  

Total                            90.04

 

Mineral Rights: Seller’s mineral royalty .109375% transfers to the buyer.

 

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


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