640 ACRES QUALITY TILLABLE FARMLAND

SEDGWICK COUNTY KS ~ SOUTH OF CHENEY


640 ACRES LOCATED 3 MILES SOUTH OF CHENEY ~ QUALITY TILLABLE LAND ~ WHEAT ~ FULL SECTION OF LAND

AUCTION: Thursday, September 7, 2017, 7:00 pm

Farm Bureau Exhibit Hall, 229 E South Ave, Cheney, KS

JASADAD Trust, INTRUST Bank, NA, Trustee

LIVE OFF-SITE AUCTION
Begins: 09/07/17 at 7:00 PM CDT
Auction Location: google pin icon Farm Bureau Exhibit Hall, 229 E South Ave, Cheney, KS 67025
Property Location: google pin icon S 375th St W, W 71st St S, Cheney, KS 67025

640± ACRES TILLABLE, SEDGWICK COUNTY KS

AUCTION: Thursday, September 7, 2017, 7:00 pm

AUCTION LOCATION: Farm Bureau Exhibit Hall, 229 E South Ave, Cheney, KS

 

Legal Description: All of Section 5, Township 29 South, Range 4 West, Sedgwick County, KS

Directions: From SE corner of Cheney KS: 1/2 mile east on MacArthur Rd to South 375th West, 4 miles south to NE corner of property OR From Suppesville KS: 6 miles north on South 375th West to SE corner of property

 

FSA INFORMATION:

640.52 Total Acres

625.85 Acres Tillable

13.3 Acres Waterways

1.7 Acres with 40′ x 81′ metal machine shed, cement floor

 

Wheat: 665.16 Acre Base, 41 Bu/Ac PLC Yield

Soybeans: 33.24 Acre Base, 36 Bu/Ac PLC Yield

HEL Status: NHEL

 

Soil Type: Approx 57% Renfrow silty clay loam (1-3% slopes), 14% Nalim loam (1-3% slopes), 10% Elandco silt loam, 9% Blanket silt loam (0-1% slopes), Balance Wellsford clay loam, Nalim loam, Vernon sandy loam

 

2016 Taxes: $3,369.99 – 2017 Taxes prorated to date of closing

Earnest Deposit: $50,000

Minerals: Minerals are believed to be intact; all Seller-owned minerals convey to Buyer

Possession: At closing and subject to current written lease with Stewart Hedrick; full possession of land and shed after harvest of 2018 wheat crop. Tenant has practiced crop rotation of wheat and soybeans for several years; lime applied in recent years.

Crop Share: Buyer receives 1/3 share of 160± ac of 2017 soybean crop and 1/3 share of 2018 wheat crop. Buyer pays landowner’s 1/3 share of fertilizer / chemical applied to soybeans and wheat crops; Buyer pays crop insurance for soybean crop.

Taxes: Seller to pay 2016 taxes and prior years. Taxes for 2017 will be prorated to date of closing based on 2016 taxes. Buyer shall pay 2017 taxes when due.

Closing: On or before October 9, 2017; closing and title insurance shared equally (Title insurance and closing handled by Security 1st Title) 

Auction Note:  Rarely is there an opportunity to purchase a full section of quality tillable land in Sedgwick or surrounding counties! This land is part of the former Henry C. Jewewtt Ranch. Please inspect the land anytime and contact the Auction Company with questions.

 

JASADAD TRUST, Seller

Intrust Bank, NA, Trustee

 

LARRY THEURER, CAI, GPPA, Auction Manager

620.399.3365

2016 Taxes: $3,369.99 – 2017 Taxes prorated to date of closing

Earnest Deposit: $50,000

Minerals: Minerals are believed to be intact; all Seller-owned minerals convey to Buyer

Possession: At closing and subject to current written lease with Stewart Hedrick; full possession of land and shed after harvest of 2018 wheat crop. Tenant has practiced crop rotation of wheat and soybeans for several years; lime applied in recent years.

Crop Share: Buyer receives 1/3 share of 160± ac of 2017 soybean crop and 1/3 share of 2018 wheat crop. Buyer pays landowner’s 1/3 share of fertilizer / chemical applied to soybeans and wheat crops; Buyer pays crop insurance for soybean crop.

Closing: On or before October 9, 2017; closing and title insurance shared equally

 

From SE corner of Cheney KS: 1/2 mile east on MacArthur Rd to South 375th West, 4 miles south to NE corner of property OR From Suppesville KS: 6 miles north on South 375th West to SE corner of property

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Theurer Auction/Realty

http://theurer.net

1101 East 16th Street Wellington, KS 67152

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