*SOLD* 649.19 +/- Acres Riley County Kansas Land Auction

Description

*SOLD*

LAND AUCTION: Schultes Family Trust – Sellers

Saturday, November 21, 2020 – 2:00 P.M. – Waterville Community Building, Waterville, KS

649.19 +/- Acres Riley County Kansas Land

****Per Marshall County Commissioners Vote on Monday, November 16, 2020, Marshall County has mandated that masks be worn in all public places. Therefore mask will be required to attend this public auction.

Order of Sale:

  1. Tracts will be auctioned in order starting with Tract 1 and ending with Tract 5.
  2. Tracts WILL NOT be combined or offered in any combination packages.  If you want multiple tracts, be the high bidder on the tracts you desire.
  3. Tracts will be sold to the highest bidder.
  4. Bidding will be in WHOLE dollars NOT on a per-acre basis.
Tract 1 Legal Description: 

S30, T06, R07E, ACRES 53.3, in E2 NW4 LESS ROW

  • FSA Farmland = 52.7 acres with 48.8 DCP Cropland Acres
  • Base Acres = 36.2 (13.1 Wheat, 12.9 Grain Sorghum, 9.3 Soybeans, .5 Oats, .4 Corn)
  • 2019 Property Taxes = $1,024.56
  • Buyer’s possession of the property is subject to crop and pasture leases that terminate on January 1, 2021 and hunting lease that terminates on January 10, 2021. The current tenant on this property has drilled wheat on this property. If Buyer does not retain the current tenant for 2021, then at closing Buyer shall pay Seller $2,275.00 for the input costs related to preparation and planting of said wheat crop, and Seller will reimburse the tenant for said input costs from Seller’s proceeds at closing. If Buyer retains the current tenant, then Buyer shall not have to pay the $2,275.00. (See “Wheat Crop Cost – Tract 1 in attachments below for input details)

Property Features: This property has a high percentage of cropland acres and is located along an excellent Riley county rock road.  This property would be an excellent addition to your farming operation or investment portfolio or a VERY desired location to build your dream home in the country with easy access to Manhattan.

Directions to Property: Travel 5 miles North of Randolph, KS on Highway 77/Tuttle Creek Blvd to the Highway 77 and Rose Hill Road Intersection (KMAN Ball) travel East on Rose Hill Road 3.25 miles.  The property is on the South side of Rose Hill Road.

Tract 2 Legal Description:

S24, T06, R06E, ACRES 74.9, W2 SE4 LESS ROW&LESS LOT 1

  • FSA Farmland = 74.77 acres with 58.17 DCP Cropland Acres
  • Base Acres = 53.9 (22.2 Wheat, 26.2 Grain Sorghum, 5.5 Soybeans)
  • 2019 Property Taxes = $1,236.16

Property Features: This property has a high percentage of cropland acres and is located along an excellent Riley county rock road.  This property would be an excellent addition to your farming operation or investment portfolio or a VERY desired location to build your dream home in the country with easy access to Manhattan.

Directions to Property: Travel 5 miles North of Randolph, KS on Highway 77/Tuttle Creek Blvd to the Highway 77 and Rose Hill Road Intersection (KMAN Ball) travel East on Rose Hill Road 2.5 miles.  The property is on the North side of Rose Hill Road.

Tract 3 Legal Description: 

S26, T06, R06E, ACRES 192.59, W2 NE4 NE4 & S2 NE4 & W2 SE4 & NW4 NE4 LESS ROW & Less Jensen Farmstead on Hell’s Ravine Road

  • FSA Farmland = 195.11 acres with 174.92 DCP Cropland Acres
  • Base Acres = 134.38 (101.96 Soybeans & 32.42 Wheat )
  • 2019 Property Taxes = $3,828.28

Property Feature: This property has a high percentage of cropland acres and is located along an excellent Riley county rock road.  This property also has excellent wildlife habitat and would be the perfect property for a hunter that is also interested in getting an excellent ROI from the cropland. This property would be an excellent addition to your farming operation or investment portfolio.

Directions to Property: Travel 5 miles North of Randolph, KS on Highway 77/Tuttle Creek Blvd to the Highway 77 and Rose Hill Road Intersection (KMAN Ball) travel East on Rose Hill Road 1.5 miles.  The property is on the South side of Rose Hill Road.

Tract 4 Legal Description: 

S22 , T06 , R06E , ACRES 118.3 , E2 W2 SE4 & E2 SE4 LESS ROW

  • FSA Farmland = 118.12 acres with 11.08 DCP Cropland Acres
  • Base Acres = 8.52 (6.46 Soybeans & 2.06 Wheat )
  • 2019 Property Taxes = $587.22
  • Excellent Pasture with good fences, on an excellent county road

Property Feature: This property features northern Flint Hills native grass pasture that is very clean and easily accessible only being 3/4 of a mile off Highway 77 along an excellent Riley county rock road.  This property would be an excellent addition to any ranching operation or investment portfolio or a VERY desired location to build your dream home in the country with easy access to Manhattan.

Directions to Property: Travel 5 miles North of Randolph, KS on Highway 77/Tuttle Creek Blvd to the Highway 77 and Rose Hill Road Intersection (KMAN Ball) travel East on Rose Hill Road 3/4 of a mile.  The property is on the North side of Rose Hill Road.

Tract 5 Legal Description: 

S28 , T06 , R06E , ACRES 209.5 , NW4 & BEG SE COR SW4, TH W330′ , NW2800′, E1215′, S2640′ TO P OB LESS ROW

  • FSA Farmland = 204.76 acres with 55.81 DCP Cropland Acres
  • Base Acres = 40.9 (20.45 Soybeans & 20.45 Corn)
  • 2019 Property Taxes = $1,438.10

Property Feature: This property offers a GREAT recreation opportunity with lots of cover, food, and seclusion while being only 1/2 mile off of Highway 77.  Further evidence of the recreation quality of this tract is the hunting lease with out of state hunter that terminates at the conclusion of the 2020/2021 whitetail season on January 10, 2021. Whether you’re looking for that perfect getaway that allows you to harvest a GIANT Kansas Whitetail or that location to build your dream home in the country, this property offers both and MUCH, MUCH more.

Directions to Property: Travel 5 miles North of Randolph, KS on Highway 77/Tuttle Creek Blvd to the Highway 77 and Rose Hill Road Intersection (KMAN Ball) travel West on Rose Hill Road .5 miles.  The property is on the South and West of Rose Hill Road where it comes to a dead end.

  • All acres included in legal are based on taxable acres and were provided by

Terms & Possession: 10% down day of the sale, balance due at closing on or before Wednesday, December 23, 2020. Buyer to take possession on all cropland and pasture January 1, 2021 subject to a hunting lease on all tracts that terminate effective January 10, 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. Charleson and Wilson will act as escrow, title & closing agent.  Announcements made the day of sale will take precedence over all other information.

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

****ONLINE & PHONE BIDDING REQUIRE PRE-REGISTRATION – REGISTRATION MUST BE COMPLETED NO LATER THEN 12:00 P.M. WEDNESDAY, NOVEMBER 18th (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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