irrigated and dry pawnee county landSELLER: JOYCE L. NIEDEREE REVOCABLE TRUST

Auction Details

 240 ACRES IRRIGATED & DRY PAWNEE COUNTY LAND

TRACT #1.  SE/4 19-22-15, Pawnee County, KS—Consisting of 160 Acres, More or Less w/130 Acres Under Center Pivot Irrigation (Currently Planted to Corn).  Water Right #5905 Authorized for 160 Acres at 135 A.F. at 1090 GPM (Ark Sub Basin).  Currently Enrolled in 5-Year Flex-Plan Through 2026 at 12″ Per Year Allotment.  1992 7-Tower Valley (Re-Nozzled w/Drops in 2017) w/Cummins Diesel Engine and 1000-Gal. Tank.  37 Ac. Wheat Base (43 Bu. Yield), 76 Ac. Corn Base (137 Bu. Yield), 21 Ac. Bean Base (66 Bu. Yield).  Location is 5 Miles East and 2 1/2 Miles South of Larned, KS.  2021 Taxes Were $4,504.96.  NOTE: Tenant owns Ag-Sense Technology on Pivot and can be Purchased Separately Outside of Closing.  SOLD FOR $5,575 PER ACRE

TRACT #2.  N/2 NE/4 30-22-15, Pawnee County, KS—Consisting of 80 Acres, More or Less.  All Dry Cropland.  Currently Planted to Milo.  Producing Gas Well Exists with 1/8 Royalty Interest Income. 18.5 Ac. Wheat Base (43 Bu. Yield), 38 Ac. Corn Base (137 Bu. Yield), 10 Ac. Bean Base (66 Bu. Yield).  Location is 5 Miles East & 3 Miles South of Larned, KS.  2021 Taxes Were $734.66.  SOLD FOR $2,720 PER ACRE

TERMS & CONDITIONS

TERMS:  $50,000 Down on Tract #1 and $10,000 Down on Tract #2 on Day of Auction.  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: Subject to Tenant’s Crop Share Rights Regarding Year-to Year Farm Lease. Owner’s Crop Share – 1/3 on Dryland Acres, 40% on Irrigated Acres. Owner Shall be Responsible for Related Expenses.

CROPS:  No Crops Will Be Included in the Sale. Seller Retains 2022 Corn and Milo Crops.

MINERALS:  Seller’s Mineral Interest Sells with the Land and is Believed to be 100%. Reservation Exists for Oil Production only on Existing Well.

TAXES: Seller Will Pay 2022 Taxes and All Prior Years.  Buyer Will Receive Credit at Closing Based on 2021 Taxes.

BUYER’S 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 Buyers.

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.

Auction PhotosClick thumbnails to enlarge

Photos added 8/15/22