Dunn Family Farmland Auction Hodgeman KS

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Dunn Family Farmland Auction Hodgeman KS

$768,000 Jetmore, Kansas
  • 640 Acres

Property Description

640± Deeded Acres Grassland/CRP DECEMBER 8, 2021 1:00 P.M. Central @ King Center, 1312 Main St. Jetmore, KS

Auction Results

$1,200 acre

$768,000

Excellent attendance with 40+ attendees

Legal: All Section 4 less r.o.w., Township 22 South, Range 25 West

  • Consisting of 270.9 acres of CRP/$9,698/2026 with 100% of the 2022 payment going to the buyer.
  • 369.1 acres of pasture with excellent water, three sources two windmills, and one pump jack with an electric motor
  • 91.37 ac wheat base with 29 bu PLC yield
  • Great access just north of Horsethief reservoir off of County Road 208
  • A very good population of Deer in unit #17

TERMS AND CONDITIONS

Terms of Sale: 10% down at the conclusion of the auction, with the balance to be paid on or before December 30, 2021. Personal and corporate checks are acceptable down payment with the final payment to be certified funds. All funds will be held by the Title Company trust account. Bidding shall not be contingent upon financing, should financing be required it shall be arranged prior to the auction. Announcements made on the day of sale shall take precedence over prior written and/or oral statements.

Manner of Sale:  Auction procedure and increments of bidding to be determined by the auction company. Bidding is not contingent upon financing; all financing shall be arranged prior to the auction.

Mineral Rights:   Owned Minerals will be sold separately. Information to follow, estimated @ 320 NMA

Closing: Buyer may close as soon as closing documents are prepared - No later than  December 30, 2021.

Closing: Agent: Security 1st Title, closing agent, location of closing to be 1135 College Dr, Garden City, KS. The closing fee shall be split 50/50.

Possession: Upon Close.

Real Estate Taxes: Taxes for 2021 will be paid by the seller, 2022, and the future to be paid by the buyer.

Acceptance of Bids: Each successful bidder will be required to enter into a Kansas Real Estate Sales Contract immediately following the auction. The contract will be available for review prior to sale. Bidding by phone may be arranged with the Auction Company prior to the auction.

Evidence of Title: Seller will provide title insurance to the buyer in the amount of the purchase price. Premium to be split 50/50. Title evidence will be provided prior to sale.

Acreages: Acreage figures are considered to be approximate and are from reliable sources based on County Assessed Acres.  All FSA information is subject to change.  Assessed acres may not be the same as deeded acres.  No warranty is expressed or implied as to exact acreages of property.  All bids are for the tracts without regard to exact acreage.  There will be no adjustment in purchase price if acreage is different than what is stated in this brochure and /or stated at the auction.

Inspections: All buyers (bidders) shall be responsible for conducting their own independent inspections and due diligence concerning pertinent facts about the property. Neither seller nor Rocking X Land Co. Ltd., agents of, or representatives, are making any warranties about the property either expressed or implied. Statements, while not guaranteed, are from reliable sources.

Easements: This sale is subject to all rights of way and easements, whether recorded or not and to oil and gas leases of record if any.

2021 Taxes: $3,412.76.

­­Agency: Rocking X Land Co. Ltd., its agents, and representatives are the exclusive agents of the seller.

*SELLER SHALL HAVE 45 DAYS AFTER CLOSING TO REMOVE PERSONAL PROPERTY

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