*SOLD* 1434.96 +/- FSA Farmland Acres Brown County KS Land Auction

Description

*SOLD* $7,840,000.00

LAND AUCTION: Shirley Family Farms, LLC – Seller

Saturday, October 10, 2020 – 10:00 A.M. – National Guard Armory, Hiawatha, KS

1434.96 +/- FSA Farmland Acres in Brown County Kansas SOLD as 12 separate Tracts with Tracts 3 & 4 offered separately and combined and Tracts 10, 11, & 12 offered separately and combined.
Broker’s Notes:
Producers and Investors… Rarely if ever do tracts of land of this quality come available to the public. Tract 1 through 8 feature HIGH percentages of Wymore Silty Clay Loam soil type which is considered PRIME CROPLAND! Don’t miss this once in a lifetime opportunity to add significant acres to your operation or investment portfolio.  Tired of getting less than 1% on your CD’s, these farms can produce a GREAT RETURN ON INVESTMENT.  With Interest Rate at an ALL TIME LOW… it makes sense to buy land.  These tracts have a history of being high yield producing farms so don’t miss your chance.
The Seller’s have managed and operated these farms and have been meticulous with grid sampling.  They have followed the recommendation for the application of lime and fertilizer to maximize their return.  The new owner(s) will benefit greatly from these practices as these farms are in GREAT, turn-key condition.   

Order of Sale:

  1. Tracts 1 & 2 will be auctioned separately and sold to the highest bidder.
  2. Tracts 3 & 4 will be auctioned separately with the high bid held on each tract.
  3. Held bids for Tracts 3 & 4  will be combined and $10,000.00 added as the starting bid for the combination of Tracts 3 & 4  to be auctioned as a combined tract.
  4. If there is a bid placed for the combination of Tracts 3 & 4, upon that bid reaching it’s highest amount…a negotiation will take place between high bidders on Tracts 3 & 4 and high bidder on Combination of Tracts 3 & 4.
  5. After Tracts 3 & 4 have sold we will move forward and sell Tracts 5, 6, 7, 8, & 9 as a stand-alone tracts.
  6. Tracts 10, 11, & 12 will be auctioned separately with the high bid held on each tract.
  7. Held bids for Tracts 10, 11, & 12  will be combined and $10,000.00 added as the starting bid for the combination of Tracts 10, 11, & 12 to then be auctioned as a combined tract.
  8. If there is a bid placed for the combination of Tracts 10, 11, & 12, upon that bid reaching it’s highest amount…a negotiation will take place between high bidders on Tracts 10, 11, & 12 and high bidder on Combination of Tracts 10, 11, & 12.
  9. Bidding will be in WHOLE dollars NOT on a per-acre basis.

Tract 1: $1,640,000.00
Legal Description: S28, T03, R17E, W1/2 SE1/4 & SW4 LESS R/W
• 231.41 FSA Farmland Acres
• 227.55 FSA DCP Cropland acres with 219.71 Base Acres (115.81ac Soybeans & 103.9ac Corn)
Broker’s Notes: This tract is over 99% in crop production with 78% being Wymore Silty Clay Loam Soil Type which is considered PRIME Cropland.  This tract is located along Kansas State Highway 73 just 5.5 miles south of Hiawatha, KS and US Highway 36.  This is a TRUE investment quality tract of land that will raise top yields year in and year out.
2019 Property Taxes: $6673.44
Location: 5.5 miles south of Hiawatha on Highway 73.  From the intersection of  Highway 73 & 170th Road property is located on the northeast.

Tract 2: $1,025,000.00
Legal Description: S6, T04, R17E, NE4 LESS Road & Railroad R/W
• 150.47 FSA Farmland acres
• 150.47 FSA DCP Cropland acres with 144.21 Base Acres (76.01ac Soybean & 68.2 Corn)
Broker’s Notes: This tract is 100% DCP cropland with 89% being Wymore Silty Clay Loam Soil Type which is considered PRIME Cropland.  This is a TRUE investment quality tract of land that will raise top yields year in and year out.
2019 Property Taxes: $4504.14
Location: 6.5 miles south of Hiawatha on Highway 73 then 1 mile west on 160th Road. From the intersection of King Fisher Road & 160th Road property is located on the southwest

Tract 3:Sold as Combination with Tract 4 $1,970,000.00
Legal Description: S10, T04, R16E, NE4 & Portion of N2 of NW4 lying east of the center of creek LESS R/W (Does not include approximately 2.6 acre cemetery)
• 166+/- FSA Farmland acres (exact acres to be determined by survey if buyer of Tract 3 and Tract 5 are NOT the same buyer. (Survey cost will be paid by SELLERS)
• 164.85 FSA DCP Cropland acres (Estimated) with 130.83 Base Acres (Estimated) (67.45ac Soybeans, 58.68ac Corn, 2.77ac Wheat, 1.93ac Grain Sorghum)
Broker’s Notes: This tract is 98% + in cropland and features 90% + Wymore Silty Clay Loam Soil Type which is considered PRIME Cropland.  This is a TRUE investment quality tract of land that will raise top yields year in and year out.
2019 ESTIMATED Property Taxes: $5140.00
Location: From the intersection of Horned Owl Road & 150th Road property is located on the southwest

Tract 4: Sold as Combination with Tract 3 $1,970,000.00
Legal Description: S10, T04, R16E, SE4 LESS R/W and approximately 3.24 acre farmstead in the southeast corner
• 154+/- FSA Farmland acres (Estimated)
• 145.6+/- FSA DCP Cropland acres with 115.53 Base Acres (Estimated) (59.57ac Soybeans, 51.82ac Corn, 2.44ac Wheat, 1.70ac Grain Sorghum)
Broker’s Notes: This tract is 96% + in cropland and features 90% + Wymore Silty Clay Loam Soil Type which is considered PRIME Cropland.  This is a TRUE investment quality tract of land that will raise top yields year in and year out.
2019 ESTIMATED Property Taxes: $4774.00
Location: From the intersection of Horned Owl Road & 140th Road property is located on the northwest

Tract 5: $460,000.00
Legal Description: S10, T04, R16E, N2 of NW4 lying west of the center of the creek LESS R/W
• 66+/- FSA Farmland acres (Estimated)
• 63.53+/- FSA DCP Cropland acres with 50.4 Base Acres (Estimated) (25.99ac Soybeans, 22.61ac Corn,1.06ac Wheat, .74ac Grain Sorghum)
Broker’s Notes: This tract feature 80% + Wymore Silty Clay Loam Soil Type which is considered PRIME Cropland and is the perfect size for a beginning farmer to cut their teeth on the High-quality land in Brown County Kansas or to add to your current operation or investment portfolio.  This is a TRUE investment quality tract of land that will raise top yields year in and year out.
2019 ESTIMATED Property Taxes: $2046.00
Location: From the intersection of Hazelnut Road & 150th Road property is located on the southeast

Tract 6: $830,000.00
Legal Description: S10, T04, R16E, SW4 LESS R/W
• 159.2+/- FSA Farmland acres (Estimated)
• 156.61+/- FSA DCP Cropland acres with 124.29 Base Acres (Estimated) (64.08ac Soybeans, 55.75ac Corn, 2.63ac Wheat, 1.83ac Grain Sorghum)
Broker’s Notes: This tract would be a GREAT addition to any farming operation or investment portfolio.  This tract has high percentages of Wymore Silty Clay Loam soil type and the 2020 bean crop looks SUPER with high yield expectations.
2019 ESTIMATED Property Taxes: $4935.00
Location: From the intersection of Hazelnut Road & 140th Road property is located on the northeast

Tract 7: $530,000.00
Legal Description: S9, T04, R16E, N2 of NE4 LESS R/W
• 77.29 FSA Farmland acres
• 72.55 FSA DCP Cropland acres with 76.75 Base Acres (39.11ac Soybean & 37.64ac Corn)
Broker’s Notes: This tract feature 84% + Wymore Silty Clay Loam Soil Type which is considered PRIME Cropland and is the perfect size for a beginning farmer to cut their teeth on the High-quality land in Brown County Kansas or to add to your current operation or investment portfolio.  This is a TRUE investment quality tract of land that will raise top yields year in and year out.
2019 Property Taxes: $2405.08
Location: From the intersection of Hazelnut Road & 150th Road property is located on the southwest

Tract 8: $340,000.00
Legal Description: S9, T04, R16E, S2 of SE4 LESS R/W and approximately 3.72 acre farmstead located in the southeast corner
• 75.04 FSA Farmland acres
• 67.44 FSA DCP Cropland acres with 18.35 Base Acres (9.35ac Soybean & 9.0ac Corn)
Broker’s Notes: This tract is the perfect size for a beginning farmer to cut their teeth on the High-quality land in Brown County Kansas or to add to your current operation or investment portfolio.  This is a TRUE investment quality tract of land that will raise top yields year in and year out.
2019 Property Taxes: Not available due to being combined with tract 9
Location: From the intersection of Hazelnut Road & 140th Road property is located on the northwest

Tract 9: $570,000.00
Legal Description: S9, T04, R16E, SW4 & N2 of SE4 LESS R/W
• 235.54 FSA Farmland acres
• 74.98 FSA DCP Cropland acres with 42.95 Base Acres (22.07ac Soybean & 20.88ac Corn)
2019 Property Taxes: Not available due to being combined with tract 8.
Location: Located between Goldfinch Road (County Blacktop) & Hazelnut Road and north of 140th Road

Tract 10: $170,000.00
Legal Description: S16, T04, R16E, NW4 of NW4 LESS and west of the east side of creek bank on NE4 of NW4 (see survey below) LESS R/W
• 42.92+/- Acres of Pastureland
• This tract would be an excellent location to build a house or grain bins for your farming operation.  Utilities that include electricity and rural water are easily accessible.  Property sits along a paved county road.  The pastureland offers both pond and creek water.
2019 Property Taxes: Not available due to being combined with tract 11.
Location: From the intersection of Goldfinch Road & 140th Road property is located on the southeast

Tract 11: $175,000.00
Legal Description: S16, T04, R16E, E2 of NW4 LESS R/W and Less the homesite of approximately 10.23+/- acres
• 66.5+/- acres of CRP, Cropland, and Recreational land
• 57.28 FSA DCP Cropland acres with 19.61 Base Acres (10.1ac Soybean & 9.06ac Corn)
• 29.48 Acres are enrolled in CRP program starting 10/1/2020 through 9/30/30 at $119.85 per acre with an annual contract payment of $3,533.00.  With the buyer to receive 100% interest in with the sale of the property. (See CRP contract below)
Broker’s Notes:  This tract offers an excellent recreation opportunity with 9.58 wooded acres and an additional 29.48 CRP acres that provide additional bedding/roosting.  With 60% in CRP and woods and the rest being cropland the wildlife will never have to leave this sanctuary.  Rarely do a piece of this size offer so much for the recreational buyer.  Don’t miss out!
2019 Property Taxes: Not available due to being combined with tract 10.
Location: From the intersection of Goldfinch Road and 140th Road travel east on 140th approximately 3/8 of a mile and property is located on the south of 140th Road.

Tract 12: $130,000.00
Legal Description: A tract of land located in the E2 of NW4 S16, T04, R16E,  (Address: 935 140th Road, Horton, KS 66439)
• 9.64+/- surveyed acres (see “Tract 12 – Survey” attached below for survey details)
Possession on the 3 large brain bins and 3 smaller grain bins will be April 1, 2021.  Seller will be using the bins for storage of 2020 corn and bean crops.  Seller will pay/reimburse buyer for electricity cost for bin use.
Broker’s Notes: This tract would be a perfect location to relocate your farm operation headquarters or for your hired hands housing.  This 2,523 sq ft, 2 1/2 story house was built in 1917 and remodeled in 1993 and has 4 bedrooms and 2 full bathrooms, vinyl siding, rural water, and attached 2 car garage. In addition, this property has 3 large grain bins (bin 4 has a 20,000 bushel capacity and was erected in 1996, bin 5 has a 22,000 bushel capacity and was erected in 1997, bin 6 has a 30,000 bushel capacity and was erected in 2009). Bins 1, 2, & 3 are older but 2 have drying floors and add a combined capacity of 18,500 bushels of additional storage). There’s also a large heated farm shop where you can do winter maintenance on equipment, a barn that is currently used to store semi grain trailers out of the element, and 2 large pole sheds that are open to the south for storing farm machinery out of the elements when not in use.
2019 Property Taxes: $2285.76
Location: From the intersection of Goldfinch Road and 140th Road travel east on 140th approximately 1/4 of a mile and property is located on the south of 140th Road.

Terms & Possession: 10% down day of the sale, balance due at closing on or before Thursday, November 12, 2021. Sellers to pay 2020 taxes buyer to pay 2021 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. This is a cash sale and is not subject to financing, have your financing arrangements made prior to the 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 disclaims 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 the day of sale take precedence over all other printed materials.

****ONLINE & PHONE BIDDING REQUIRE PRE-REGISTRATION – REGISTRATION MUST BE COMPLETED NO LATER THEN 12:00 P.M. THURSDAY, OCTOBER 8TH (You will be required to fill out and “Addition Online/Phone/Proxy Bidder Agreement” that includes financial references.)  This form will be emailed to you upon your registration being submitted. Please DO NOT delay in getting registered. 

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Contact: Jeff Dankenbring, Broker – 785.562.8386 with questions or for additional information on these GREAT properties!

Virtual Tours:

Tract 1 Version 1

Tract 1

Tract 2

Tract 3 & 4 Version 1

Tract 3, 4, 5, & 6

Tract 8 & 9

Tract 10, 11, & 12

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