314.4 Acres Sheridan County, Kansas - 2 Tracts LAND AUCTION

DJI 0989

 

 

 

 

 

 

Tuesday, November 23, 2021, 2:00 p.m.

Bowen Scout House

1041 Sheridan Ave Hoxie, Kansas 67740

 

Hoxie

 

Colby

 

Menlo

 

Tract #1

 

Farm Location:  From Hoxie go 14 miles west on Hwy 24 to Rd 140W (from the Menlo paved spur South 186 one mile east on Hwy 24)

 

Legal Description:  Southwest Quarter (SW ¼) less ROW in Section Five (5), Township Eight South (T8S), Range Thirty West (R30W) Sheridan County, Kansas 163 +/-

 

Description:  This farm consisting of 157.6 acres of cropland is an excellent pivot irrigated farm with mostly Keith and Kuma silt loam soils.  The terrain is nearly level, and the access is tremendous.

 

Crop Insurance Data:

Irrigated Corn Approved Yield           235

Irrigated Soybean Approved Yield      70

 

Groundwater Management District 4:

2 Irrigation wells supply water to the center pivot

North well includes casing, column & pump

South well includes casing

Water Right Numbers 19084 & 23903

331 acre feet left entering 2021 season

 

*Remainder of the irrigation equipment is owned by the tenant and not included in this transaction*

 

Possession:  Full possession for the 2022 crop year will be granted.

 

Taxes:  $2,868.30 (2020)

 

  

 

 

Tract #2

 

Farm Location:  From Hoxie go 13 miles west on Hwy 24 to Rd 130W (from the Menlo paved spur South 186 two miles east on Hwy 24)

 

Legal Description:  Northwest Quarter (NW ¼) less RD R/W in Section Nine (9), Township Eight South (T8S), Range Thirty West (R30W) Sheridan County, Kansas 151.4 +/-

 

Description:  This farm consisting of 152.06 acres of cropland is an excellent pivot irrigated farm with Kuma and Keith silt loam soils.  The terrain is nearly level, and the access is tremendous.

 

Groundwater Management District 4:

2 Irrigation wells supply water to the center pivot

North well includes casing

South well includes Randolph 100 hp gearhead, casing, & pump

Water Right Numbers 19085 & 20653

338 acre feet left entering 2021 season

 

*Remainder of the irrigation equipment is owned by the tenant and not included in this transaction*

 

The following information is according to the Invoice dated 7/7/2021: 

Pump repair and install 14” steel pump liner

Total depth           265’

Static Water Level 216’

300 gpm at 30 psi

Total repair $35,906.  Invoice available upon request

 

Possession:  Full possession for the 2022 crop year will be granted.

 

Taxes:  $2,531.08 (2020)

  

  

  

  

Terms:  A nonrefundable, earnest money deposit equal to 20% of the purchase price will be due the day of the auction.  The balance will be due on or before December 23, 2021, by cash, certified funds, or a direct wire transfer to the closing agent.  The 2021 and all prior taxes will be paid by the sellers.  The buyer will be responsible for all subsequent taxes.  Title insurance will be split equally between the buyer and the seller.  Eland Title Company LLC in Hoxie, Kansas will provide the title insurance and act as the closing agent.  The earnest money deposit will go directly to Eland Title Company LLC.  The sellers will convey fee simple title subject to any existing highways, easements, reservations, or encumbrances of record on file with Sheridan County, Kansas Register of Deeds.  All equipment and improvements sell in “as is” condition. 

 

Possession:  Full possession for the 2022 crop year will be granted.  Landlord’s possession will be granted at closing subject to the lease expiring February 28, 2022.

 

Auction Method:  The 2 tracts will be offered separately and NOT in combination.  Both tracts will close simultaneously at the conclusion of the auction.  Bidding increments are at the discretion of the auctioneer.  Any online, absentee bids or bidding on behalf of another person or entity must be approved by Ruhter Auction & Realty, Inc. and the seller. 

 

Announcements:  All inspections required by the purchaser will need to be made prior to the auction date.  This sale is not contingent upon financing and while the information presented in marketing materials and on auction day were obtained from sources deemed reliable neither Ruhter Auction & Realty, Inc. or the seller makes any guarantees or warranties as to the accuracy.  This property sells “AS IS WHERE IS” with no warranties either expressed or implied.  Interested parties should conduct their own due diligence.  Any announcements made Auction Day by Ruhter Auction & Realty, Inc. will take precedence over any previous oral statement, printed materials, or any other communication.  Final bids are subject to seller confirmation/ acceptance.

 

Acres & Mapping:  The maps used in promotional materials and at the auction may not be to scale and are meant for illustrative purposes only.  The acres represented on these properties are simply used as a multiplier for total sales price.  A survey has not been completed; however, we have used the best sources available to us in determining the correct acreage, but they are not guaranteed.

 

Sellers:  CEL Farms LLC & Wendell W Lauber Second Trust

 

Ruhter Auction & Realty, Inc. is acting as an agent for the seller.

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