land auction in barton county ks

Schremmer Auction & Real Estate

26 May, 2018 10:00 am

80 Acres Cropland, CRP & Waterways Barton County, Kansas

Seller: The Ruth Axman Revocable Living Trust

Land Location: From Olmitz, Ks 4 ½ Mi. North on County Blacktop NW 90 Ave., the East 1 ½ Mi. on NW 150 Rd., Site on South Side

Auction Site will be held at 209 Main Street, Olmitz, Ks. 67564

Mineral Rights: Mineral Rights are believed to be 100% intact and all of the Sellers Interest will be transferred to the Buyer at Closing.

Possession: Subject to Tenants Rights.

Crops: Approximately 52.4 Acres planted to wheat and Buyer to Receive Landlords 1/3 share of the 2018 Wheat Crop and this year’s Fall Crop.

FSA Information: Sellers 1/3 Share if any 2018 Fa Program Payments will pass to the buyer.

C.R.P Acres: 5.56 Acres, Expires 9-30-23, Annual Payment $199.00/Yr.

Title Insurance: Will be furnished and will be split 50/50 between Buyer & Seller.

Terms: 10% of Purchase Price Down Day of Sale balance to be paid on or before June 26, 2018 upon terms acceptable to the title company and the sellers. Personal and corporate checks are acceptable for the down payment with final payment to be made in certified funds. All funds will be held by 1st American Title / Escow Agent Company. Closing terms upon title approval and delivery of a good sufficient deed. Bidding is not contingent upon financing. Financing if necessary, needs to be arranged prior to the auction sale.

Real Estate Taxes: Sellers pay for all of 2017 and prior years. Taxes for 2018 will be pro-rats as the date of closing. (2017 taxes = $1,249.74)

Agency: Schremmer Realty, Auction & Appr. L.C., its agents and representatives, are the exclusive agents of the seller.

Farm Land: 80.11 Acres

Crop Land: 77.76 Acres

C.R.P.: 5.56 Acres

Waterways: 2.35 Acres

Crop Base Acreage: Wheat – 35.81, Grain Sorghum – 23.76, Corn – 7.59

Average Yield: Wheat – 36, Grain Sorghum – 80, Corn – 117

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Notes:

Any errors, typographical or otherwise, shall not be the liability of the sellers or the auction company, as no warranties are expressed or implies. Any statements made the day of the sale will supersede any previous advertising. Concessions will be served. NOT RESPONSIBLE FOR ACCIDENTS!

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. Schremmer Auction & Real Estate, agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.