Auction Information
76+/- ACRES FARMLAND IN SUMNER COUNTY KS
Contact Information
Auction Type
Online Auction
Auction Schedule
Auction Dates
Start Date: Thu, Oct 24, 2019 1:19PM
End Date: Thu, Nov 14, 2019 7:00PM
Auction Location
Auction Description
Youtube Video - 76 +/- Acres Farmland in Sumner County KS
76± ACRES FARMLAND, SUMNER COUNTY, KS
ONLINE AUCTION ENDS: Thurs. November 14th, 2019, 7:00 pm
LEGAL: N/2-SE/4 of Section 12, Township 31, Range 2 West, Sumner County KS
DIRECTIONS:
From Wellington KS: 8 mi North on Hwy 81 to 90th Ave N, 5 mi West to Drury Rd, 1.5 mi South
From Conway Springs: 9 mi East on W 90th Ave N to Drury Rd, 1.5 mi South
FSA INFO:
Total: 76.51 Acres Tillable
Wheat: 65.6 Base Acres, 32 PLC Yield
Grain Sorghum: 4.9 Base Acres, 36 PLC Yield
Soybeans: 5.5 Base Acres, 15 PLC Yield
SOIL TYPES: Approx 99.9% Kirkland silt loam (1-3% slopes), .09% Kirkland silt loam (0-1% slopes)
2018 TAXES: $601.90
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: Subject to current tenant rights and after harvest of 2020 wheat crop
CROP SHARE: Buyer receives 1/3 share 2020 wheat crop; Buyer pays 1/3 share fertilizer/chemical applied to 2020 wheat crop
MINERALS: Seller retains 100% of minerals
TAXES: Seller pays 2019 taxes and prior years
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 Pfalzgraf & Dierking Wellington, Kansas. Escrow closing will be handled through Pfalzgraf & Dierking.
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 December 16th, 2019 (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
Seller: Mary Kay & Charles Martin