320 acres rice county landSELLER: Jennifer L. Peters

Auction Details

 320 ACRES RICE COUNTY LAND

(3 Tracts All Tracts Sell Separate – No Combinations)

 

TRACT #1. Surface Rights Only: S/2 SE/4 29-18-6, Rice Co., KS – Consisting of 80 Acres, More or Less with 77.04 Acres Currently Planted to Wheat. Balance in Grass Waterway and Lease Road.  49.3 Ac. Wheat Base, 21.8 Ac. Milo Base, 1.3 Ac. Soybean Base.  2017 Taxes Were $1,399.82.  Sold for $1455/Acre

 

TRACT #2. S/2 NW/4 6-19-6, Rice Co., KS – Consisting of 80 Acres, More or Less with 70.39 Acres Planted to Wheat, Balance Non-Cropland. 52.48 Ac. Wheat Base, 16.19 Ac. Milo Base, 6.39 Ac. Soy Bean Base.  2017 Taxes Were $1,270.18.  Sold for $2160/Acre

 

TRACT #3. SW/4 21-18-7, Rice Co., KS – Consisting of 160 Acres, More or Less with 60.5 Acres Dry Cropland, 61.5 Acres Pasture/Trees/Creek, Pond Water Source in Pasture and Well Head in Place (Not in Use). Balance of Tract (34.23 Acres) Currently Enrolled in CRP @ $47.62/Acre ($1,630 Annual Payment) Through 9/30/2022.  2018 Payment Will Go To Buyer.  35.3 Ac. Wheat Base, 13.9 Ac. Milo Base.  2017 Taxes Were $1,593.76.  Tract #3 Provides Excellent Wildlife Habitat & Hunting Opportunities w/Creek.  Sold for $1125/Acre

 

TERMS & CONDITIONS

 

TERMS:  $25,000 Down on Each Tract on Day of Sale.  Balance Due in 30 Days or Sooner With Title Approval.  Title Insurance Will Be Used, Cost Will Be Shared 50/50 Between Buyer & Seller.

POSSESSION:  At Closing on Open Acres, CRP & Pasture.  After 2018 Wheat Harvest on Acres Planted to Wheat or August 1, 2018 (Whichever is Sooner.)

CROPS: No Growing Crops Go to Buyer(s). Land is Currently Cash Rented.  No Cash Rent to Buyer(s).

MINERALS:  Sellers Mineral Interest Sells with Land. Surface Rights Only on Tract #1.

TAXES:  Sellers to Pay 2017 Taxes and All Prior Years.  2018 Taxes Will Be the Responsibility of the Buyer(s).

FEDERAL PROGRAMS: Buyer(s) to Comply with All Federal Compliance Procedures Upon Closing. 2018 CRP Payment on Tract #3 Will Go to Buyer.

Any Announcement Made Sale Day Shall Take Precedence Over All Advertised Material. Sells Subject to All Easements, Leases & Right-of-Ways of Record.  Carr Auction & Real Estate, Inc. Will Be Acting as Seller’s Agent.

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Photos added 5/15/18

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Videos added 5/15/18