313± Acres of CRP & Pasture Land Auction For Sale in Kansas

Curt Marshall and Terry Zimmer of United Country - Crossroads Auction & Realty of Salina, Kansas are offering at public auction 800± Acres of Pasture Land, Farmland, & CRP that is located 3-miles northeast of Wells in Ottawa County, Kansas. Tract #1 of this auction consists of 98.63± FSA Acres of Cropland and 63.81± Acres of Pasture for a total of 162.44± Acres. Tract #2 of this auction consists of 213.74± Acres of Pasture, 100.87± FSA Acres of Tillable Farmland, and 6.51± Acres of Waterways & Trees for a total of 321.12± Acres. Tract #3 of this auction consists of 220.02± Acres of CRP, 88.96± Acres of Pasture and 4.21± Acres of Waterways & Trees for a total of 313.19± Acres. Minerals are believed to be 100% intact and will be sold with the land. This property will sell subject to the Tenant’s Rights of Ron & Rick Boyer and Craig Wallace on the Pasture Land. The Tenants will give up possession of the Pasture Land in all 3 Tracts on March 1st, 2017. The Seller will give up possession of the Farmland upon closing or after the fall 2016 Harvest, whichever is later. The Sellers request that the closing date of Tract #1 be on or before December 30th, 2016 and the closing on Tracts #2 & #3 be in 2017. One of the Sellers of this land is a licensed Real Estate Salesperson in the State of Kansas.

Please go to the following DropBox Folder to download additional property information:

Property Information DropBox Folder

SELLER: Kay Family Farms

LEGAL ADDRESSES:
Tract #1 - The Northeast quarter of Section 26, Township 10 South, Range 2 West of the 6th P.M., Ottawa County, Kansas
Tract #2 - The South one half of Section 15, Township 10 South, Range 2 West of the 6th P.M. Ottawa County, Kansas
Tract #3 - The North one half of Section 15, Township 10 South, Range 2 West of the 6th P.M., Ottawa County, Kansas

FSA BASES / YIELDS:
Tract #1 - Wheat: 33.31± Acre Base - 33 Bu/AC PLC Yield
Tract #1 - Grain Sorghum: 29.77± Acre Base - 61 Bu/AC PLC Yield
Tract #1 - Soybeans: 33.29± Acre Base - 32 Bu/AC PLC Yield
Tract #2 - Wheat: 35.68± Acre Base - 33 Bu/AC PLC Yield
Tract #2 - Grain Sorghum: 31.89± Acre Base - 61 Bu/AC PLC Yield
Tract #2 - Soybeans: 35.67± Acre Base - 32 Bu/AC PLC Yield

CRP INFORMATION:
Tract #3 - Field #3 - The CRP has a rental rate of $65.00 per acre with a total annual payment of $11,167.00 for 171.8 Acres. The current contract expires on 09/30/2023.
Tract #3 - Fields #5, #6, #7 & #8 - The CRP has a rental rate of $57.65 per acre with a total annual payment of $842.00 for 14.60 Acres. The current contract expires on 09/30/2020.
Tract #3 - Fields #9 - The CRP has a rental rate of $44.00 per acre with a total annual payment of $1,382.00 for 31.4 Acres. The current contract expires on 09/30/2020.
Tract #3 - Fields #10, #11, #12 & #13 - The CRP has a rental rate of $59.00 per acre with a total annual payment of $136.00 for 2.3 Acres. The current contract expires on 09/30/2020.

POSSESSION: The Tenants will give up possession of the Pasture Land in all 3 Tracts on March 1st, 2017. The Seller will give up possession of the Farmland upon closing or after the fall 2016 Harvest, whichever is later.

DIRECTIONS: From the intersection of U.S. Highway 81 and Limestone Rd. outside of Minneapolis, Kansas, drive East for 6.25-miles. Follow the blacktop road for 1-mile as it turns North through Wells, Kansas and then back East for ¾-mile. Continue following the blacktop road as it turns back North and drive 1-mile until you see Nugget Road. At the intersection of Nugget Road and the blacktop, you can either turn East and drive 1.5-miles to Tract #1, or continue on the blacktop road and drive North for 1-mile until you see the southwest corner of Tracts 2 and 3.

TAXES:
Tract #1 - 2015 Taxes were $1,372.44
Tract #2 - 2015 Taxes were $1,738.94
Tract #3 - 2015 Taxes were $2,921.08

United Country - Crossroads Auction & Realty, and its agents represent the Seller and their fiduciary duties of loyalty and faithfulness are owed to their client (the Seller).

FOR A FULL LIST OF TERMS & CONDITIONS, PLEASE DOWNLOAD THE PROPERTY INFORMATION PACKET