400 acres reno county landSellers: Gerald & Twila Proffitt Heirs

  • SOLD: tract #1 - $1300/acre, tract #2 - $1400/acre
    Tuesday, August 08, 2017
  • studio 96
    121 s. broadway sterling, kansas, 67579
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Auction Details

400 ACRES RENO COUNTY LAND

 

TRACT #1. NE/4 & N/2 SE/4 16-22-9, Reno County, KS. Consisting of 240 Acres, More Or Less with Approximately 218.51 Acres Dry Cropland, Balance in Trees/Shelterbelt.  90 Acres, More or Less, Currently Planted to Soybeans (1/3 Share Goes to Buyer), Balance is in Wheat Stubble.  2016 Taxes Were $1,486.01. Sold for $1300/Acre

 

TRACT #2. NE/4 14-22-9, Reno County, KS. Consisting of 160 Acres, More or Less with Approximately 119.25 Acres Dry Cropland, All of Which is Planted to Soybeans (1/3 Share Goes to Buyer).  Balance of Land (40.16 Acres) is Currently Enrolled in CRP @ $32.06/Acre Through 2021 with Annual Payment of $1,288.  2017 CRP Payment Will Go to the Buyer.  2016 Taxes Were $1,234.13. Sold for $1400/Acre

 

TERMS & CONDITIONS

 

TERMS:  $30,000 Down on Each Tract 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 Wheat Stubble, CRP & Trees.  After 2017 Fall Harvest or January 1, 2018 (Whichever is Sooner) on Soybean Acres.

CROPS: Owner’s 1/3 Share of 2017 Soybean Crop Will Go to Buyer. Buyer’s to Pay Related Expenses.

FEDERAL PROGRAMS: Buyer’s to Comply with All Federal Program Guidelines. 2017 CRP Payment Will Go to Buyer(s).

FSA INFORMATION: Tract #1. 148.48 Wheat Base; 27.87 Corn Base; 44.82 Soy Bean Base. Tract #2. 81.53 Wheat Base; 15.31 Corn Base; 24.61 Soy Bean Base.

MINERALS:  Sellers Mineral Interest Sells with the Land.

TAXES:  2017 Taxes will be the Buyer’s Responsibility.

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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