QUALITY TILLABLE ~ CRP ~ SUMNER COUNTY KS ~ MILAN KS ~ CALDWELL KS

737 AC IN 4 TRACTS, TILLABLE & CRP


737 AC IN 4 TRACTS ~ TILLABLE ~ CRP ~ NEAR CALDWELL KS & MILAN KS

AUCTION: Thursday, March 29, 2018, 7:00 pm @ Raymond Frye Complex, 320 N Jefferson, Wellington KS

MICHAEL J. ANDRA & TINA M. ANDRA, Seller

JARROD ANDRA, Seller

 

LIVE OFF-SITE AUCTION
Began: 03/29/18 at 7:00 PM CDT
Auction Location: google pin icon Raymond Frye Complex, 320 N Jefferson, Wellington, KS 67152
Property Location: google pin icon SW Sumner County, Wellington, KS 67152

AUCTION: Thursday, March 29, 2018, 7:00 pm

Raymond Frye Complex, 320 N Jefferson, Wellington KS

 

TRACT 1: 309.45± ACRES TILLABLE — North of Caldwell KS

LEGAL: S/2, exc 10 ac tract in SE corner, Section 24, Township 34 South, Range 3 West

DIRECTIONS:  2± miles north of Caldwell on K49 Hwy

303.18 Acres Tillable

6.27 Acres Grass, Waterway

 

FSA BASES & YIELDS:

Wheat: 286.5 Base Acres; 36 PLC Yield

Gr Sorghum: 4.1 Base Acres; 38 PLC Yield

SOIL TYPES: Bethany silt loam (0-1% & 1-3% slopes)

TAXES: $3,826.52

POSSESSION: At closing, subject to current verbal 1/3 – 2/3 tenant share lease

CROP SHARE: No growing crop; Tenant will plant spring crops (soybeans). Buyer to receive landowner’s 1/3 share of 2018 spring-planted crop and FSA payment; Buyer pays landowner’s 1/3 share of fertilizer applied to 2018 crops

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

EARNEST DEPOSIT: $25,000

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TRACT 2: 198.21± ACRES TILLABLE — South of Milan KS

LEGAL: SW/4 & W/2 SE/4 Section 5, Township 33 South, Range 3 West

DIRECTIONS:  3.5 miles south of Milan KS on Milan Rd  

193.86 Acres Tillable

4.35 Acres Grass, Waterway

 

SOIL TYPES: Approx 38% Bethany silt loam (0-1% slopes), 25% Renfrow-Grainola complex (1-3% slopes), 21% Kirkland silt loam (1-3% slopes), 17% Bethany silt loam (1-3% slopes)

TAXES: $1,146.70

POSSESSION: At closing, subject to current written 1/3 – 2/3 share tenant lease with Kyle Bruce and Lane Bruce, and subject to sale of property

CROP SHARE: No growing crop; Tenant will plant spring crops (cotton). Buyer to receive landowner’s 1/3 share of 2018 spring-planted crop and FSA payment; Buyer pays landowner’s 1/3 share of fertilizer applied to 2018 crops

MINERALS: Seller reserves 100% of the oil, gas, and mineral rights for a period of 5 years from date of deed recording; after a period of 5 years from the date of this deed, 50% of the oil, gas, and mineral rights will convey to the Grantee(s). After a period of 10 years from the date of the deed, the remaining 50% of the oil, gas, and mineral rights will convey to the Grantee(s). In the event Grantee(s) decide to sell subject property before 10 years is completed, the above reservation remains in effect.

EARNEST DEPOSIT: $25,000 

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TRACT 3:  150.81± ACRES TILLABLE — South of Milan KS

LEGAL: NE/4 Section 5, Township 33 South, Range 3 West

DIRECTIONS:  3 miles south of Milan KS on Milan Rd to 50th St S, 1/2 mile east

149.16 Acres Tillable

1.65 Acres Waterway

 

FSA BASES & YIELDS (All of Section 5):

Wheat: 294.4 Base Acres; 36 PLC Yield

Oats: 12.7 Base Acres; 37 PLC Yield

Corn: 2.3 Base Acres; 49 PLC Yield

Gr Sorghum: 2.2 Base Acres; 35 PLC Yield

 

SOIL TYPES: Approx 48% Bethany silt loam (0-1% slopes), 27% Bethany silt loam (1-3% slopes), balance Tabler silty clay loam (0-1% slopes) and Renfrow-Grainola complex (1-3% slopes)

TAXES: $1,803.62

POSSESSION: At closing and subject to current wreitten 1/3 – 2/3 tenant share lease with Lane Bruce and Kyle Bruce

CROP SHARE: Buyer receives landowner’s 1/3 share of 2018 wheat crop and FSA payment; Buyer pays landowner’s 1/3 share of chemical/fertilizer applied to 2018 wheat crop; Buyer pays crop insurance premium

MINERALS:All Seller-owned minerals convey to Buyer

EARNEST DEPOSIT: $25,000

 

MICHAEL J. ANDRA AND TINA M. ANDRA, Sellers

 

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TRACT 4:  79.74± ACRES TILLABLE & CRP — South of Argonia KS

LEGAL: W/2 SE/4 Section 33, Township 32 South, Range 4 West

DIRECTIONS:  4 miles south of Argonia KS to 50th St S, 1/2 mile east

46.53 Acres Tillable

28.52 Acres CRP

4.69 Acres Waterway

 

FSA BASES & YIELDS:

Wheat: 36.68 Base Acres; 33 PLC Yield

Corn: 3.27 Base Acres; 79 PLC Yield

Gr Sorghum: 6.45 Base Acres; 42 PLC Yield

 

SOIL TYPES

TAXES: $284.24 

POSSESSION: At closing and following harvest of 2018 wheat crop

CROP SHARE: Buyer receives landowner’s 1/3 share of 2018 wheat crop and FSA payment; Buyer pays landowner’s 1/3 share of chemical/fertilizer applied to 2018 wheat crop

CRP: Buyer must adhere to current CRP contract ($827/annually; expires 09.30.2027); Buyer shall receive 2018 CRP payments; Buyer pays crop insurance premium

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

EARNEST DEPOSIT: $20,000

 

JARROD ANDRA, Seller

 

 

SUMMARY OF TERMS:

  • Earnest money will be due immediately from all successful bidders
  • The property is being sold “AS IS, WHERE IS” and without any contingencies including financing
  • No contingencies (Financing, Appraisal, Inspection, Etc)
  • Closing will be set 30 days from the auction date or as soon thereafter as closing documents are available.

 

SUMMARY OF TERMS:

  •  A 10% earnest money deposit of the total contract price will be due immediately from all successful bidders
  • The property is being sold “AS IS, WHERE IS” and without any contingencies including financing
  • Closing will be set 30 days from the auction date or as soon thereafter as closing document are available.
  • Additional Terms on detail information for each tract

Video: 198 Ac Tillable South of Milan KS

Video: 309 Ac Tillable north of Caldwell KS

Video: 150 Ac Tillable south of Milan KS

Video: 80 Ac Tillable & CRP South of Argonia KS

See Details for each tract

Click on any image to view larger.

Aerial Map - Section 24 Aerial - Section 5 Tract 4 Aerial

Theurer Auction/Realty

http://theurer.net

1101 East 16th Street Wellington, KS 67152

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