*SOLD* 522 +/- Acres Washington County Kansas Land Auction

*SOLD*

Land Auction: Brenneis Family – Sellers

Thursday, June 29th @ 5 P.M. FNB Community Room, 101 C Street, Washington KS

522 +/- Acres Washington County Kansas Land

Broker’s Notes: These tracts have so much to offer from PRIME CROPLAND featuring river bottom and upland acres to some of the BEST Whitetail Deer habitat in Kansas.  Multiple tract sizes ranging from 16 acres to 180 acres and many tracts in between.  BUYER TO RECEIVE LANDLORD SHARE OF THE 2023 RENT ON ALL CROPLAND AND PASTURE TRACTS.  Rarely do you get to buy a farm and get an IMMEDIATE return in the form of 40% of crops and pasture rent. Don’t miss this opportunity of a lifetime to own INCREDIBLE Kansas land.

Tract 1:

Legal Description: S8, S9, & S16, T01, R04E, 169.12 Surveyed Acres (Updated 6/22/23), Located east and north of the center of the river and west of UP RR ROW, also includes Outlot 6 located on the east side of tracks in Hollenberg Less ROW (See Survey with Legal Description in “Attachments” below.) Please note the .31 acres in the NE corner of the property next to the Railroad Right of Way that is “excluded”.  It is the Surveyor’s professional opinion “that the intent was for this .31 acres be included on the deed with additional acres deeded by the county to Brenneis in 1984 and that it was an oversight not to include it. Additionally, there is no evidence in the field that would suggest that the County intended to keep the .31 acres.” We expect to be able to make an announcement the day of the auction as to how this will be handled. UPDATE: The Washington County Board of County Commissioners will be signing a “Corrective Deed” that includes the .31 acres that were in question. See the “Corrective Deed” in “Attachments Below”.

FSA Details:

• 106.72 FSA DCP Cropland Acres
• 95.80 Base Acres (53.4 Grain Sorghum, 26.8 Wheat, 11.8 Soybeans, 3.8 Corn)

***Buyer to receive Landlords 40% share of the current growing crop.  Buyer is responsible for 40% of the fertilizer/anhydrous applied for current growing crop ($2619.00) which is to be reimbursed to sellers at closing. Buyer to take possession at closing subject to tenants rights. Tenant is operating under a verbal lease through March 1, 2024. Buyer is responsible to terminate tenant under Kansas Lease Law if buyer does not wish to retain tenant after that date. Sellers interest in Mineral Rights will transfer to buyer at closing.

Crop Insurance: There is a crop insurance policy in place with Great American Insurance Company through Blue Valley Insurance Agencies, Dennis Minge. The policy will be transferred to the buyer of tract 1 and a premium amount of $661.00 will be added to the purchase price at closing.  A total of 100.57 acres of Corn is insured at 70% of the 10-year APH of 124 bu. Price level is Yield Protection.

Buyer is to pay for the survey on the tract at closing in the amount of $7325.00.

Tract 2:

Legal Description: S9 & S16, T01, R04E, 109.26 Surveyed Acres (Updated 6/22/23), Located west and south of the center of the river, east of Thunder Road, and north of 27th Road. (See Survey with Legal Description in “Attachments” below.)

***Buyer to receive Landlords share of the pasture lease of $30 per pastured acre paid at the end of the pasture season. Buyer to take possession at closing subject to tenants rights. Tenant is operating under a verbal lease through March 1, 2024. Buyer is responsible to terminate tenant under Kansas Lease Law if buyer does not wish to retain tenant after that date. Sellers interest in Mineral Rights will transfer to buyer at closing.

Buyer is to pay for the survey on the tract at closing in the amount of $7325.00.

Tract 3:

Legal Description: S09, T01, R04, ACRES 16.33, BEG NW COR BLK 5 E532′ S630′ W252′ NWLY600′ N90′ TO POB & ADJ VAC STREET. AND S09, T01, R04, SW4 SW4 LYING EAST OF RR ROW EXC RD & RR ROW.

***Buyer is to take possession of the land upon closing and possession of the residence on January 1, 2024.  The current tenant in the residence has agreed to vacate the property on or before December 31, 2023. Buyer will not receive any rent payments from the tenant in the home and there is no tenant on the land for 2023. Sellers interest in Mineral Rights will transfer to buyer at closing.

Tract 4:

Legal Description: S16, T01, R04, Acres 30 (Estimated), 6th Principal Meridian, N2 NW4 LYING EAST OF THE RR ROW EXC RD & RR ROW.

***Buyer to receive Landlords share of the pasture lease of $30 per pastured acre paid at the end of the pasture season. Buyer to take possession at closing subject to tenants rights. Tenant is operating under a verbal lease through March 1, 2024. Buyer is responsible to terminate tenant under Kansas Lease Law if buyer does not wish to retain tenant after that date. Sellers interest in Mineral Rights will transfer to buyer at closing.

Tract 5:

Legal Description:  S21, T01, R04, 6th Principal Meridian, ACRES 162.4, NW4 & LT 1 IN NE4 SW4 LESS R/W.

 FSA Details: (Estimated)

• 159.82 FSA Acres, 112.17 FSA DCP Cropland Acres
• 104.5 Base Acres (63.6 Grain Sorghum, 28.5 Wheat, 9.8 Soybeans, 2.6 Corn)

***Buyer to receive Landlords 40% share of the current growing crop and $30 per pastured acre paid at the end of pasture season.  There are no inputs reimbursement to sellers on this tract. Buyer to take possession at closing subject to tenants rights. Tenant is operating under a verbal lease through March 1, 2024. Buyer is responsible to terminate tenant under Kansas Lease Law if buyer does not wish to retain tenant after that date. Sellers interest in Mineral Rights will transfer to buyer at closing.

Crop Insurance: There is a crop insurance policy in place with Great American Insurance Company through Blue Valley Insurance Agencies, Dennis Minge. The policy will be transferred to the buyer of tract 5 and a premium amount of $459.00 will be added to the purchase price at closing.   A total of 94.05 acres of soybeans are insured at 70% of 10-year APH of 42 bu. Price level is Yield Protection.

 Tract 6:

Legal Description: S23, T01, R03, 6th Principal Meridian, ACRES 40.4, NE4 NW4 EXC RD ROW.

***Buyer to receive Landlords share of the pasture lease of $30 per pastured acre paid at the end of the pasture season.  Tract is selling subject to tenants rights. Tenant is operating under a verbal lease through March 1, 2024. Buyer is responsible to terminate tenant under Kansas Lease Law if buyer does not wish to retain tenant after that date.

Land Location: Tracts 1 & 2 are located west of the RR tracks, south of Hollenberg Ave, east of Thunder Road, and north of 27th Road. Tracts 3 & 4 are located on 28th Road on the south edge of Hollenberg. Tract 5 is located on the south side of 27th Road and east of Thunder Road. Tract 6 is located on the south side of 27th Road .75 miles west of Quivira Road.

Order of Sale:

1. Tracts 1 through 6 will be auctioned and sold separately to the highest bidder with NO combining or any tracts.
2. ALL Bidding will be in WHOLE DOLLARS…NOT on a per-acre basis.

Terms & Possession: 10% down day of sale, balance due at closing on or before 8/1/2023. Seller to pay 2022 and prior years taxes.  Title insurance, escrow and closing costs to be split equally between buyer and seller.  Property to be sold as-is, where-is. All inspections should be made prior to the day of the sale. Buyer takes possession at closing subject to tenants rights. See details for each tract above. This is a cash sale and is not subject to financing, have your financing arrangements made prior to auction. Midwest Land and Home is acting as a Seller’s Agent and represents the seller’s interest. All information has come from reliable sources; however, potential buyers are encouraged to verify all information independently. Seller expressly disclaim any liability for errors, omissions or changes regarding any information provided for these sales. Potential purchasers are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the seller or their agents. Statements made on the day of sale take precedence over all other printed materials.  Aerials and acres are representations and not guaranteed to be actual acres and property lines.

For more information contact: Jeff Dankenbring, Listing Broker at 785.562.8386
or email Jeff@midwestlandandhome.com

****ONLINE BIDDING REQUIRES PRE-REGISTRATION**** – REGISTRATION MUST BE COMPLETED NO LATER THEN 12:00 P.M. Tuesday, June 27, 2023. In addition to registering through our APP or on our website you will be required to fill out “Online Bidder Terms” found below in the “Attachments” section. You must return complete the online registration AND have this form back to us by email, mail, or delivered in person by the deadline. Please DO NOT delay in getting registered.

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Promotional Video:

Drone Video Tracts 1,3 & 4:

Drone Video Tract 2:

Drone Video Tract 5:

Drone Video Tract 6: