Brown Pelican Farms, LLC Pivot Irrigated Land Auction

Sedgwick County, CO 1,014.9 Acres

Overview

Overview

This property is sold

SUCCESSFUL AUCTION!

Total Auction Bids: $2,310,000

Parcel #1 – $1,090,000
Parcel #2 – $300,000
Parcel #3 – $275,000
Parcel #4 – $470,000
Parcel #5 – $175,000

The BROWN PELICAN FARMS, LLC PIVOT IRRIGATED LAND AUCTION has been rescheduled, converted to an ONLINE ONLY LAND AUCTION with Reserve, and will be offered by individual parcels with no combinations and/or units. 1,014.9+/- acres of Sedgwick County, CO pivot irrigated and dryland is to be offered for sale at an ONLINE ONLY TIMED auction. The properties being sold are located 3 to 6 mi NE of Sedgwick, CO or 4 to 7 mi NW of Ovid, CO in Sedgwick County. 8 pivots with relift motors and pumps, 2 irrigation wells plus 971.0 district acres within the Julesburg Irrigation District to irrigate 714.4+/- acres. Possession of Parcels #1 & #4 subject to current farm lease for 2020 crop season. Call for cash rent. Buyer(s) to receive the cash rent for 2020 and thereafter. Possession of Parcels #2, #3, & #5 after auction. The Parcel sizes range from 134.1+/- acres to 396.6+/- acres. Owned mineral rights to be conveyed to Buyer(s).

Register for online bidding in advance. Download Reck Agri app from Apple App store or Google Play OR visit www.reckagri.com

Location

  • Sedgwick County, CO
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Quick Facts

  • BROWN PELICAN FARMS, LLC PIVOT IRRIGATED LAND AUCTION RESCHEDULED
  • ONLINE ONLY TIMED LAND AUCTION WITH RESERVE
  • PROPERTY WILL BE OFFERED BY INDIVIDUAL PARCELS, NO COMBINATIONS AND/OR SINGLE UNIT
  • Bidding Opens: April 14, 2020 @ 8:00 am, MT
  • Bidding Closes: April 16, 2020 @ 12 noon, MT
  • 1,014.9+/- total ac
  • Parcel #1 (aka #1A & #1B) - 396.6+/- ac; 275.2+/- ac pivot irr, 2 wells, 281.7 ac rights JID water
  • Parcel #1 - Starting Bid: $790,000
  • Parcel #2 - 161.4 ac+/-; 120.1+/- ac pivot irr, 158 ac rights JID water
  • Parcel #2 - Starting Bid: $230,000
  • Parcel #3 - 134.1+/- ac; 109+/- ac pivot irr, 126.3 ac rights JID water
  • Parcel #3 - Starting Bid: $195,000
  • Parcel #4 - (aka #4A) - 163.2+/- ac; 116+/- ac pivot irr, 140 ac rights JID water
  • Parcel #4 - Starting Bid: $220,000
  • Parcel #5 - (aka #4B) - 159.6+/- ac; 94.1+/- ac pivot irr, 150 ac rights JID water
  • Parcel #5 - Starting Bid: $165,000
  • Located in Sedgwick County, CO
  • Possession of Parcels #1 & #4 subject to farm lease
  • Buyer(s) to receive the 2020 cash rent
  • Possession of Parcels #2, #3, & #5 upon signing of purchase agreements
  • Property located 3 to 6 mi NE of Sedgwick, CO
  • Property located 4 to 7 mi NW of Ovid, CO
  • Parcel size ranges from 120.0+/- ac to 396.6+/- ac
  • 971.0 district acres within Julesburg Irrigation District plus 2 irrigation wells
  • 8 pivots with ancillary irrigation equipment
  • Wells augmented by Sedgwick Cty Well Users & 7 shares of Peterson Augmentation, LLC
  • Terrain is level to rolling
  • Owned mineral rights to be conveyed to Buyer(s)
  • Register for online bidding in advance

Property Details

Property Details

This property is sold Color Brochure Detail Brochure Bidder Approval Request Sedgwick Cty Well Users Assessments Purchase Contract

UPDATED PARCEL DESCRIPTIONS

SEE DETAIL BROCHURE FOR MORE DETAILED INFORMATION

Property to offered as 5 parcels w/no combos

Page numbers on the descriptions below refer to the Detail Brochure which can be found on the property web page.

PARCEL #1 PROPERTY INFORMATION

LEGAL DESCRIPTION: E1/2 except tracts; S1/2NW1/4, NE1/4NW1/4 of Section 3, Township 11 North, Range 46 West of the 6th PM, Sedgwick County, CO.
See Pages 26-87 for legal description, title commitment, and title exceptions.

ACREAGE:
275.2+/- Acres Pivot Irrigated
98.5+/- Acres Dryland
22.9+/- Acres Grass/Roads
396.6+/- Total Acres

LAND TENURE: See Soils Map on Page 14.

TAXES: 2019 real estate taxes payable in 2020 are: $3,092.67 2020
JID Assessment: $9,719.89

FSA INFORMATION: FSA bases: 320.6 ac corn w/160 bu PLC yield.

IRRIGATION WATER & EQUIPMENT: Zimmatic (7-tower) pivot, 2 – T-L (7-tower) pivot, 7.5 hp with 10 hp booster and 40 hp. 20 hp relift motor-pump. JID Acres: 396.73. Hickman Well 2-10616-R and Hickman Well 3-2902-F adjudicated in Case No. W-5007, augmented by Sedgwick County Well Users; and 7 shares of Peterson Augmentation, LLC (Stock Cert. #51). See Pages 19-22 for copies of the Well Permits and Pages 23-24 for copy of Water Court Decree.

COMMENTS: Property is being sold subject to existing farm lease and Buyer(s) to assume said farm lease. Buyer(s) has requested a copy and has read and reviewed said lease. Buyer(s) to receive a credit from Seller at closing for the March 1 payment paid by tenant of $19,048. Seller to also credit the Buyer(s) at closing an additional $15,291 to supplement said cash rent. Buyer(s) responsible to terminate said lease after the 2020 crop season. Buyer(s) to receive the second payment from tenant due November 1 of $19,048. Total cash rent paid for 2020 crop season is $53,387.

STARTING BID: $790,000

PARCEL #2 PROPERTY INFORMATION

LEGAL DESCRIPTION: NE1/4 of Section 35, Township 12 North, Range 46 West of the 6th PM, Sedgwick County, CO.
See Pages 88-104 for legal description, title commitment, and title exceptions.

ACREAGE:
120.1+/- Acres Pivot Irrigated
35.1+/- Acres Dryland
6.2+/- Acres Grass/Roads
161.4+/- Total Acres

LAND TENURE: See Soils Map on Page 15.

TAXES: 2019 real estate taxes payable in 2020 are: $1,259.09
2020 JID Assessment: $3,871.00

FSA INFORMATION: FSA bases: 62.3 ac corn w/121 bu PLC yield, 35.4 ac wheat w/35 bu PLC yield, and 17.0 ac oat w/35 bu PLC yield.

IRRIGATION WATER & EQUIPMENT: Zimmatic (7-tower) pivot; 30 hp relift motor – pump. JID Acres: 158.00.

COMMENTS: It is known the pump does not work on this property. See Page 25 for an estimate to repair said pump. If electric motor does not work, the estimate to replace the motor would be an additional $2,000 to $2,500. Buyer(s) is responsible to repair said pump and electric motor if needed.

STARTING BID: $230,000

PARCEL #3 PROPERTY INFORMATION

LEGAL DESCRIPTION: NW1/4 South of ditch of Section 34, Township 12 North, Range 46 West of the 6th PM, Sedgwick County, CO.
See Pages 105-122for legal description, title commitment, and title exceptions.

ACREAGE:
109.0+/- Acres Pivot Irrigated
16.2+/- Acres Dryland
9.0+/- Acres Grass/Roads
134.2+/- Total Acres

LAND TENURE: See Soils Map on Page 16.

TAXES: 2019 real estate taxes payable in 2020 are: $1,055.05
2020 JID Assessment: $3,093.62

FSA INFORMATION: FSA bases: 57.4 ac corn w/165 bu PLC yield, 4.6 ac wheat w/38 bu PLC yield.

IRRIGATION WATER & EQUIPMENT: T-L (8-tower) pivot with corner unit, 25 hp relift motor – pump. JID Acres: 126.27.

STARTING BID: $195,000

PARCEL #4 PROPERTY INFORMATION

LEGAL DESCRIPTION: NE1/4 of Section 5, Township 11 North, Range 46 West of the 6th PM, Sedgwick County, CO.
See Pages 123-149 legal description, title commitment, and title exceptions.

ACREAGE:
116.0+/- Acres Pivot Irrigated
31.6+/- Acres Dryland
15.6+/- Acres Roads/Waste
163.2+/- Total Acres

LAND TENURE: See Soils Map on Page 17.

TAXES: 2019 real estate taxes payable in 2020 are: $1,209.91
2020 JID Assessment: $3,430.00

FSA INFORMATION: FSA bases: 71.3 ac corn w/142.0 bu PLC yield, 28.5 ac wheat w/58 bu PLC yield, and 6.9 ac oat w/69 bu PLC yield.

IRRIGATION WATER & EQUIPMENT: Zimmatic (7-tower) pivot, 30 hp relift motor – pump; JID acres: 140.00.

COMMENTS: Property is being sold subject to existing farm lease. Buyer to assume said farm lease. Buyer has requested a copy and has read and reviewed said lease. Buyer to receive a credit from Seller at closing for the March 1 payment paid by tenant of $8,027. Seller to also credit the Buyer at closing an additional $6,444 to supplement said cash rent. Buyer responsible to terminate said lease after the 2020 crop season. Buyer to receive the second payment from tenant due November 1 of $8,027. Total cash rent paid for 2020 crop season is $22,498.

STARTING BID: $220,000

PARCEL #5 PROPERTY INFORMATION

LEGAL DESCRIPTION: Lots 3 & 4, S1/2NW1/4 of Section 4, Township 11 North, Range 46 West of the 6th PM, Sedgwick County, CO.
See Pages 150-165 for legal description, title commitment, and title exceptions.

ACREAGE:
94.1+/- Acres Pivot Irrigated
51.9+/- Acres Dryland
13.6+/- Acres Grass/Roads
159.6+/- Total Acres

LAND TENURE: See Soils Map on Page 18.

TAXES: 2019 real estate taxes payable in 2020 are: $1,081.75
2020 JID Assessment: $3,675.00

FSA INFORMATION: FSA bases: 43.9 ac corn w/165 bu PLC yield, 10.8 ac wheat w/36 bu PLC yield.

IRRIGATION WATER & EQUIPMENT: T-L (7-tower & 3-tower) pivots, 25 hp relift motor – pump. JID Acres: 150.00.

STARTING BID: $165,000