158.40+/- Acres Reno County, Kansas
Selling On Our
UNRESERVED ONLINE AUCTION
November 19, 2024
Bidding opens November 5, 2024, and ends November 19, 2024, at 11:00 a.m.
Description: This 158.40+/- acres is one of the best located and productive cropland quarters in Reno County, KS. What a great quarter to add to any operation. It’s 6 miles West of Hutchinson, KS, at the intersection of paved 4th Ave and paved Nickerson Road (Adam’s Corner). It lays northeast of that intersection. The Central Prairie Coop, Agronomy Center, is immediately across Nickerson Road to the west. Travel distance is 6 miles south to Partridge, 6 miles north to Nickerson or 6 miles east to Hutchinson. It has 156.67 acres of tillable cropland. Soils are 85.4% ‘Prime’ class 2 and 14.6% soils of ‘Statewide Importance’ according to USDA - Natural Resource and Conservation Service (NRCS). The ‘Prime’ soil is highly productive Taver silt loam 0-3% slope. Grain Sorghum was planted for harvest in 2024. It has an FSA wheat base of 152.81 acres with a 48 bu FSA payment yield. An oil well on the property pumped 206 barrels in 2023. The buyer receives the sellers .04166670 share. Immediate possession at closing on or before Dec. 20. 2024.. Seller pays the 2024 and prior year property taxes. Read more, see more on BigIron.com > Upcoming Land Auctions >Nov. 19, 2024.
The bidding increments will be $50/acre. The final sale price will be calculated based on the total acres times the highest bid. The real estate agent reserves the right to adjust bidding increments.
Plan to Attend the Informational Meeting & Auction:
Community Center
101 W. Ave. C
South Hutchinson, KS 67505
BigIron Realty Agents will be at Community Center in South Hutchinson, KS, 67505 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 must be available by phone.
BIDDING PROCESS: You may place bids on this land for 14 days, beginning November 5, 2024, and ending November 19, 2024, at 11:00 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 before the auction closes or call 800-887-8625 for assistance.
Legal Description: SW 1/4 10-23-7
2023 Taxes: $1761.81
Land Location: 6 miles West of Hutchinson, KS, on paved 4th Ave. to paved Nickerson Road (Adam’s Corner). Land lays northeast of that intersection.
FSA:
PLC
Base: Yields
Wheat 152.81 48
Mineral Rights: Sellers mineral rights pass to the buyer
Possession: Immediate possession at closing.
Rudy T. Miller and Katie L. Miller
Title Services:
Security 1st Title, 1001 N Main St, Hutchinson, KS 67501 Phone (620) 669-8289
For more information, contact listing agents:
Kyle Campbell, 620-200-2193
Mike Campbell, 620-899-6989
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. 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 November 5, 2024, and ends November 19, 2024, at 11:00 a.m. 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. Buyer(s)will succeed to the seller's crop insurance policy on each crop standing at the time of the auction and pay the crop insurance premium. The successful buyer(s)must enter into a written purchase agreement immediately after the sale with a10% non-refundable down payment made payable to Security 1stTitle, 1001 N Main St, Hutchinson, KS 67501 Phone (620) 669-8289. 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. 20,2024. The seller will provide the buyer(s) with a marketable title, as 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%. The Seller will pay 2024 and prior year property taxes. The property will not be sold subject to financing. Have all financial arrangements made before the auction. Announcements made on the 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.