gray county land and farm equipmentSELLER: OTTO SALEM ESTATE

Auction Details

DIRECTIONS: (2 1/2 MILES NORTH & 2 MILES WEST OF CIMARRON, KS)

ORDER OF SALE:  PERSONAL PROPERTY SELLS AT 10:00 A.M. FOLLOWED BY REAL ESTATE AT 11:00 A.M. (no earlier)

480 ACRES GRAY COUNTY LAND 

(3) INDIVIDUAL TRACTS (NO COMBINATION)

(Sells at 11:00 a.m. – No Earlier)

TRACT #1.  SW/4 22-25-27, Gray Co., KS—Consisting of 160 Acres, More or Less.  All Dry Cropland.  78.8 Ac. Wheat Base, 27.4 Ac. Milo Base.  53.9 Ac. Currently Planted to Wheat.  2021 Taxes Were $1,263.50.  Sold For $4900/Acre – $784,000

TRACT #2.  N/2 N/2 28-25-27, Gray Co., KS—Consisting of 160 Acres, More or Less.  All Dry Cropland.  69.3 Ac. Wheat Base, 9.5 Ac. Milo Base.  50.21 Ac. Currently Planted to Wheat.  2021 Taxes Were $871.23.   Sold For $4900/Acre – $784,000

TRACT #3.  NE/4 20-25-27, Gray Co., KS—Consisting of 160 Acres, More or Less.  All Dry Cropland.  81.1 Ac. Wheat Base, 19.3 Ac. Milo Base.  49.07 Ac. Currently Planted to Wheat.  2021 Taxes Were $1,046.84.   Sold For $4975/Acre – $796,000

TERMS & CONDITIONS

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

POSSESSION: Upon Receipt of Earnest Money and Mutual Execution of Contract on Idle Acres.  Wheat Acres Possession Will Be After 2022 Harvest or August 1, 2022 (Whichever is Sooner).

CROPS:  Seller’s 2022 1/3 Wheat Crop Share Will Be Included on Each Tract.  Buyer Will Be Responsible for 1/3 of Expenses ($5870 per tract).

MINERALS:  Sellers Mineral Interest Will Sell with the Land.

TAXES:   2021 Taxes & All Previous Years Will Be Paid by the Seller.  2022 Taxes Will Be Buyer’s Responsibility.

BUYER PREMIUM: A 1% Buyer’s Premium will be applied to Contract Purchase Price based on Final Hammer Price (Sold Price).  This applies to both Online and Onsite Bidders/Bidding.

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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LAND

EQUIPMENT

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