Auction Information

142 +/- ACRES FARMLAND - SUMNER COUNTY KS IN 3 TRACTS  -  Online Auction


Dates
Starts: Mon, Nov 8 at 4:35 PM US/Central

Ends: Mon, Nov 29 at 6:00 PM US/Central

https://tours.adlergreycollective.com/v/PyqRVFN

142 +/- AC SUMNER COUNTY, KS FARMLAND IN 3 TRACTS

AUCTION: Tuesday, November 23rd, 2021 at 6:00 pm
AUCTION LOCATION: Online at www.wiensauction.com

TRACT 1 – 33.63 AC Tillable
LEGAL: S02, T32, R01E, ACRES 33.2, BEG 25'S NW COR NE4,TH E577', S2588',W577',N2581' TO POB & LESS ROW (PART BEING PART OF LOT 2)

DIRECTIONS:
From Wellington KS: East on Hwy 160 7 miles to Oliver Rd, North on Oliver 2 miles to 30th Ave N, West on 30th ½ mi to property

FSA INFO:
Total: 33.63 Acres | Tillable: 33.63 Acres
Wheat: 30.73 Base Acres; 33 PLC Yield
Sorghum: 2.9 Base Acres; 35 PLC Yield

SOIL TYPES: Approx 87.8% Nalim loam (1-3% slopes), 12.2% Nalim Clay loam (3-6% slopes)
2020 TAXES: $321.24

Sellers to convey current Wind Rights lease for the remainder of lease

TRACT 2 – 29+/- AC Tillable
LEGAL: 30 +/- Acres(SUBJECT TO SURVEY) Surveyed from LEGAL: S31, T31, R01E, ACRES 37, SE4-SE4 LESS W16.5' & LESS BEG 25'N & 30'W SE COR TH W174', N183',E174',S183' TO POB LESS ROW

DIRECTIONS:
From Wellington KS: East on Hwy 160 2.5 miles to Seneca Rd, North on Seneca 2 miles to property

FSA INFO:
Total: 30+/- Acres | Tillable: 29.32 Acres
Based on 34.06 Acres per FSA
Wheat: 34.06 Base Acres; 33 PLC Yield

SOIL TYPES: Approx 54.3% Bethany Silt loam(0-1% slopes), 45.7% Bethany Silt loam (1-3% slopes)
2020 TAXES: $304.52(Based on the full 37ac to be divided)

TRACT 3 – 80+/- AC Tillable
LEGAL: 50+/- AC(SUBJECT TO SURVEY) to be surveyed from: S16, T31, R01E, ACRES 68.1, BEG 20'E SW COR NW4 TH N1540', E2626',S202',W770',S1312',W1850' TO POB & LESS ROW & 30+/- Acre(SUBJECT TO SURVEY) to be surveyed from: S16, T31, R01E, ACRES 62.9, N1145' NW4 LESS R/W

DIRECTIONS:
From Wellington KS: East on Hwy 160 2.5 miles to Seneca Rd, North on Seneca 6 miles to 70th Ave N, East on 70th Ave N 1 ½ mi. to property

FSA INFO:
Total: 80+/- Acres | Tillable: 76.18 Acres
Based on 84.43 Acres per FSA
Wheat: 84.43 Base Acres; 33 PLC Yield

SOIL TYPES: Approx 78.1% Nalim loam (1-3% slopes), 21.0% Nalim loam (0-1% slopes)
2020 TAXES: Subject to Survey


TERMS AND CONDITIONS:

BUYER'S PREMIUM: There will be a 10% Buyer's Premium added to the final bid. The buyer's premium, together with the final bid amount, will constitute the total purchase price.

EARNEST DEPOSIT: $10,000 Earnest deposit due immediately from successful bidder in the form of personal or business check, cashier's check, or wire transfer.

POSSESSION: After 2022 Fall Harvest and subject to cash lease agreement

MINERALS: Sellers to retain mineral rights for a period of 15 yrs OR for as long as production lasts

TAXES: Seller pays 2020 taxes and prior years; 2021 taxes prorated to date of closing

TITLE/ESCROW FEES: Owner's Title Policy and escrow closing fees shall be shared equally between Seller and Buyer. Any lender required costs shall be the Buyer's expense. Preliminary title commitment has been prepared by Security 1st Title. Escrow closing will be handled through Security 1st.

CONDITION OF PROPERTY: Being sold "AS IS, WHERE IS", and without any contingencies including financing, inspections, etc., and is accepted by the buyer without any expressed or implied warranties or representation from the seller or his own due diligence prior to bidding on property. It is the sole responsibility of the prospective purchaser to conduct his or her independent inspections, investigations, inquiries, and due diligence concerning the property prior to the auction end. Information given is from sources deemed reliable but not guaranteed by the seller or the Auctioneer.

CLOSING: Closing on or before Dec. 23rd, 2021 (or as soon thereafter as closing documents are available). The balance of the purchase price is due IN CERTIFIED FUNDS.

ACREAGE: Acres derived from Sumner County Appraiser; Total acres are not guaranteed by auction company. Tracts 2 & 3 will be subject to survey.


Jeremy Wiens, Auctioneer – 316.640.3193

 

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Wiens Auction & Realty LLC

Office:
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Email:
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jeremy@wiensauction.com

319 N Washington
Wellington, KS 67152

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