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Dilsaver Pivot Irrigated & Dryland Auction

Cheyenne County, KS 524.2 Acres

Overview

Overview

Successful Auction! High Bids Totaling $1,315,000
Results |
Combo #1 high bid of $1,160,000
Parcel #2 high bid of $155,000

524.2+/- acres of Cheyenne County, KS pivot irrigated and dryland is being offered for sale at auction. This is a NO RESERVE auction. This property is located from Saint Francis, KS, 5 mi E, 10 mi S, 4 mi E, 1/2 to 1 mi S. Possession is upon closing. Owned mineral rights to be conveyed to the Buyer(s). Parcel #1A: 210.3+/- acres, 145.0+/- acres is pivot irrigated, 51.2+/- acres is dryland, Well Permit #12093 authorized for 245 ac ft to irr 152 ac with 11 tower Zimmatic pivot. Parcel #1B: 159.5+/- ac; 122.0+/- acres is pivot irrigated; 37.5+/- acres is dryland; Well Permit #22101 authorized for 260 ac ft to irr 160 ac with 7 tower Zimmatic pivot. Parcel #2: 154.5+/- acres; 131.3+/ – acres is dryland with 23.2+/- acres grass.

Location

  • Cheyenne County, KS
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Quick Facts

  • Pivot Irrigated and Dryland being offered for sale in 3 parcels at NO RESERVE AUCTION
  • Monday, February 24, 2020 at 1:30 p.m. CT
  • American Legion, 113 W 4th St.
  • Bird City, KS 67731
  • 524.2+/- total ac
  • Parcel #1A: 210.3+/- ac w/145+/- ac pivot irr & 51.2+/- ac dryland
  • Parcel #1B: 159.5+/- ac w/122+/- ac pivot irr & 37.5+/- ac dryland
  • Parcel #2: 154.5+/- ac w/131.3+/- ac dryland w/23.2+/- ac grass
  • Located in S central Cheyenne County, KS
  • From Saint Francis, KS, 5 mi E, 10 mi S, 4 mi E, 1/2 mi S to Parcel #2 & 1 mi S to Parcel
  • #1A & #1B - Possession upon closing
  • Parcel #1A: Well permit #12093 authorized for 245 ac ft to irr 152 ac
  • Parcel #1B: Well permit #22101 authorized for 260 ac ft to irr 160 ac
  • Terrain is level to rolling terrain
  • Owned mineral rights to be conveyed to Buyer
  • 11 tower Zimmatic Pivot, gearhead & pump
  • 7 tower Zimmatic Pivot, gearhead & pump
  • Offered in 3 parcels and 1 combo

Property Details

Property Details

Color Brochure Detail Brochure PDF Auction Results

PROPERTY INFORMATION

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

PARCEL #1A - PIVOT IRRIGATED:

LEGAL DESCRIPTION: Part of W1/2 of Section 30 & NE1/4NW1/4 of Section 31, Township 5
South, Range 38 West of the 6th PM, Cheyenne County, KS.
See Pages 16-20 for legal description and title commitment, and Pages 28-75 for title exceptions.

ACREAGE:
145.0+/- Acres Pivot Irrigated
51.2+/- Acres Dryland
14.1+/- Acres Grass
210.3 +/- Total Acres

LAND TENURE: Soils consist mainly of Satanta loam, Goshen silt loam, Otero fine sandy loam.
See Soils Map on Page 13.

TAXES: 2019 real estate taxes payable in 2020 are: $4,211.31. Groundwater assessment: $94.03

FSA INFORMATION: FSA bases: 101.3 ac corn w/132 bu PLC yield, 54.2 ac wheat w/49 bu PLC yield, 6.1 ac sorghum w/79 bu PLC yield and 1 ac soybean w/52 bu PLC yield.

IRRIGATION WATER & EQUIPMENT: Irrigation Well Permit #12093 authorized for 245 ac ft to irrigate 152 ac.
See Pages 88-89 for copy of permit. Irrigation equipment includes 11 tower Zimmatic pivot with pump, generator, & gearhead; See Page 90 for copy of recent pump test.

COMMENTS: 145.0+/- ac soybean stubble, 51.2+/- ac sorghum stubble.

PARCEL #1B - PIVOT IRRIGATED:

LEGAL DESCRIPTION: NE1/4 of Section 30, Township 5 South, Range 38 West of the 6th PM, Cheyenne County, KS.
See Pages 21-24 for legal description and title commitment, and Pages 28-75 for title exceptions.

ACREAGE:
122.0+/- Acres Pivot Irrigated
37.5+/- Acres Dryland
159.5+/- Total Acres

LAND TENURE: Soils consist mainly of Satanta loam and Manter fine sandy loam.
See Soils Map on Page 14.

TAXES: 2019 real estate taxes payable in 2020 are: $3,754.63.
Groundwater assessment: $79.10.

FSA INFORMATION: FSA bases: 85.2 ac corn w/132 bu PLC yield, 44 ac wheat w/49 bu PLC yield.

IRRIGATION WATER & EQUIPMENT: Irrigation Well Permit #22101 authorized for 260 ac ft to irrigate 160 ac.
See Pages 91-92 for copy of permit. Irrigation equipment includes 7  tower Zimmatic pivot with pump, generator, & gearhead. See Page 93 for copy of recent pump test.

COMMENTS: 122.0+/- ac corn stalks, 37.5+/- ac wheat stubble.

COMBO #1 - (PARCELS#1A & #1B):

LEGAL DESCRIPTION: See Parcels #1A & #1B.

ACREAGE: 267.0+/- Acres Pivot Irrigated
88.7+/- Acres Dryland
14.1+/- Acres Grass
369.8+/- Total Acres

LAND TENURE: See Parcels #1A & #1B.

TAXES: 2019 real estate taxes payable in 2020 are: $7,965.94. Groundwater assessment: $173.13.

FSA INFORMATION: FSA bases: 186.5 ac corn w/132 bu PLC yield, 98.2 ac wheat w/49 bu PLC yield, 6.1 ac sorghum w/79 bu PLC yield and 1.0 ac soybeans w/52 PLC yield.

IRRIGATION WATER & EQUIPMENT: See Parcels #1A & #1B.

COMMENTS: See Parcels #1A & #1B.

PARCEL #2 - DRYLAND:

LEGAL DESCRIPTION: SE1/4 of Section 24, Township 5 South, Range 39 West of the 6th PM, Cheyenne County, KS.
See Pages 25-27 for legal description and title commitment, and Pages 28-75 for title exceptions.

ACREAGE:
131.3+/- Acres Dryland
23.2+/- Acres Grass
154.5+/- Total Acres

LAND TENURE: Soils consist mainly of Goshen silt loam, Manter fine sandy loam and Dwyer loamy fine sand. See Soils Map on Page 15.

TAXES: 2019 real estate taxes payable in 2020 are: $795.14. Groundwater assessment: $7.84.

FSA INFORMATION: FSA bases: 46.3 ac wheat w/49 bu PLC yield, 1.9 ac soybeans w/52 bu PLC yield.

COMMENTS: 131.3+/- ac sorghum stubble.

Auction Terms

Auction Terms

DILSAVER PIVOT IRRIGATED & DRYLAND AUCTION TERMS AND CONDITIONS

Announcements made by Reck Agri Realty & Auction at the time of sale will take precedence over any previously printed material or other oral statements.

AUCTION DATE/TIME/LOCATION: Monday, February 24, 2020, 1:30 PM CT, American Legion, Bird City, KS.

OVERVIEW: 524.2+/- acres of Cheyenne County, KS pivot irrigated and dryland is being offered for sale at auction. This is a NO RESERVE auction. This property is located from Saint Francis, KS, 5 mi E, 10 mi S, 4 mi E, 1/2 to 1 mi S. Possession is upon closing. Owned mineral rights to be conveyed to the Buyer(s). Parcel #1A: 210.3+/- acres, 145.0+/- acres is pivot irrigated, 51.2+/- acres is dryland, Well Permit #12093 authorized for 245 ac ft to irr 152 ac with 11 tower Zimmatic pivot. Parcel #1B: 159.5+/- ac; 122.0+/- acres is pivot irrigated; 37.5+/- acres is dryland; Well Permit #22101 authorized for 260 ac ft to irr 160 ac with 7 tower Zimmatic pivot. Parcel #2: 154.5+/- acres; 131.3+/ – acres is dryland with 23.2+/- acres grass.

SALE TERMS/PROCEDURE: The “DILSAVER PIVOT IRRIGATED & DRYLAND AUCTION” is a land auction with NO RESERVE. The pivot irrigated property to be offered as a “MULTI PARCEL” Auction in 3 Parcels and 1 Combo. The parcels and combo will be offered in the sale order as stated within the brochure. The parcels and combo will compete to determine the highest aggregate bid(s). Seller agrees not to accept and negotiate any contracts to purchase prior to auction date. Bids will be taken for total purchase price not price per acre.

SIGNING OF PURCHASE CONTRACT: Immediately following the conclusion of the auction, the highest bidder(s) will sign Seller Agency and will enter into and sign a Agricultural Land Real Estate Contract for the amount of the bid. Required earnest money deposit to be in the form of a personal, business, or corporate check for 15% of the purchase price which is due upon the signing of the contract and to be deposited with R M Jaqua Abstract Company. Purchase contract will not be contingent upon financing. Terms and conditions of the detail brochure and oral announcements shall be incorporated and made a part of the contract. Sample contract is available within the detail brochure.

CLOSING: Buyer(s) shall pay in electronic transfer funds or cashier’s check (Good Funds), the balance of purchase price plus their respective closing costs, and sign and complete all customary or required documents at closing, which is on or before March 20, 2020. Closing to be conducted by R M Jaqua Abstract Company and the closing service fee to be split 50-50 between Seller and Buyer(s). Seller reserves the right to extend the closing up to 60 days to facilitate his 1031 Tax Deferred Exchange.

TITLE: Seller to pass title by Warranty Deed free and clear of all liens. Title Insurance to be used as evidence of marketable title and cost of the premium to be split 50-50 between Seller and Buyer(s). The Buyer(s) to receive a TBD title commitment within detail brochure, updated title commitment with Buyer(s) name, lender, purchase price, and all supplements and additions thereto after auction, and an owner’s title insurance policy in an amount equal to the Purchase Price after closing. Property to be sold subject to existing roads and highways; established easements and rights-of-way; prior mineral reservations; and other matters affected by title documents shown within the title commitment; and zoning, building, subdivision, and other restrictions and regulations of record. Title commitments are available for review within the detail brochure and at the auction and title commitment and exceptions will be incorporated and made a part of the Agricultural Land Real Estate Contract.

POSSESSION: Possession of pivot irrigated & dryland upon closing.

PROPERTY CONDITION: The prospective Buyer(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition, and to rely on their own conclusions and the property is being sold AS IS-WHERE IS, without warranty, representation or recourse to Seller.

WATER RIGHTS & EQUIPMENT: Seller to convey all Seller’s water rights, water wells, well permits, and equipment appurtenant to the property for irrigation use including but not limited to the following: Well Permits #12093 and #22101. The water rights are subject to the rules, regulations, and limitations of the Kansas Department of Water Resources and the Northwest Kansas Groundwater Management District No. 4. Water rights are being sold AS IS-WHERE IS without warranty or guarantee of any water right matters, pumping rates/adequacy of irrigation wells and condition of all irrigation equipment. Two irrigation motors are excluded from sale, owned by tenant.

GROWING CROPS: No growing crops.

FSA DETERMINATION: FSA base acres and yields to pass with the Parcels or Combo as designated within the detail brochure. Buyer(s) and Seller, at closing, to sign a memorandum of understanding stating the base acres and yields as designated within the detail brochure.

REAL ESTATE TAXES: 2020 real estate taxes due in 2021 to be paid by Buyer(s).

LEGAL DESCRIPTION: Legal descriptions are subject to existing fence/field boundaries or land-use trades, if any. If a survey is needed to split Parcel #1A & #1B to create a metes and bound legal description, Seller to provide and pay for said survey. Also, if Parcel #1A & #1B are sold separately, if an easement to provide access is needed, Seller agrees to do so.

MINERALS: Seller to convey all OWNED mineral rights to Buyer(s).

NOXIOUS WEEDS: There may be areas infested by noxious weeds, (i.e. rye, bindweed, canadian thistle, etc). The location of and the density of noxious weeds is unknown at this time.

ACREAGES: All stated acreages in the initial brochure, detail brochure, and visual presentation at the auction are approximate and are obtained from aerial photos from the FSA office. The county tax records may indicate different acreages and no warranty is expressed or implied as to exact acreages of property. All bids are for the total parcel 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.

SELLER NOTIFICATION – 1031 EXCHANGE: It is understood and agreed that Seller desires to sell the property which is the subject of this Auction in a “tax free” exchange under Section 1031 of the Internal Revenue Code of 1986, as amended. Buyer(s) agrees to cooperate, but is not required to incur any additional expense or risk.

BIDDER REQUIREMENTS: Prior to auction, Buyer(s) to review the terms and conditions as set forth in the Detail Brochure. Detail Brochure may be obtained by visiting auction property page at www.reckagri.com, or by calling Reck Agri Realty & Auction. Bidding via cell phone, internet, and/or bidding on someone’s behalf, must be approved by Reck Agri Realty & Auction 24 hours prior to auction.

ANNOUNCEMENTS: The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Reck Agri Realty & Auction and the Seller assumes no responsibility for the omissions, corrections, or withdrawals. The location maps are not intended as a survey and are for general location purposes only. The prospective Buyer(s) should verify all information contained herein. All prospective bidders are urged to fully inspect the property, its condition and to rely on their own conclusions. All equipment and improvements are to be sold AS IS-WHERE IS, without warranty, representation or recourse to Seller. Reck Agri Realty & Auction and all other agents of Broker are or will be acting as a Seller Agency. Announcements made by Reck Agri Realty & Auction, at the time of sale will take precedence over any previously printed material or other oral statements. Reck Agri Realty & Auction does not offer broker participation for the “DILSAVER PIVOT IRRIGATED AND DRYLAND AUCTION”. Reck Agri Realty & Auction reserves the right to require bank references upon request and reserves the right to refuse bids from any bidder. Bidder increments are at the discretion of the Broker.

A DETAIL BROCHURE is available upon request and is REQUIRED to bid at the auction, via cell phone, or online bidding. It includes the terms and conditions of the auction, pertinent facts, title commitment, and Agricultural Land Real Estate Contract. For additional color photos visit the “DILSAVER PIVOT IRRIGATED & DRYLAND AUCTION” Visual Tour on our website: www.reckagri.com.

COPYRIGHT NOTICE: Photographs, videos, and Color & Detail Brochures are property of Reck Agri Realty & Auction and cannot be reproduced without permission. Auction photographs may be used by Reck Agri Realty & Auction in publications, marketing materials, and on its website.

How to Bid

How to Bid

Bidder Requirements

Prior to auction, Buyer(s) to review the terms and conditions as set forth in the Detail Brochure. Detail Brochure may be obtained by visiting auction property page at www.reckagri.com, or by calling Reck Agri Realty & Auction. Bidding via cell phone, internet, and/or bidding on someone’s behalf, must be approved by Reck Agri Realty & Auction 24 hours prior to auction.