We Sell Farm & Ranch Real Estate...Differently

New Haven Dryland Auction

Details

Thursday, November 5, 2015 @10:30 am MT
Reck Agri Auction Center, Sterling, CO
DRYLAND - 1,038 +/- Ac - Logan County, CO

Description

See Color Brochure, Visual Tour, Google Map and Digital Brochure below Quick Facts...Web page is updated frequently before auction day.

SUCCESSFUL AUCTION!
AUCTION TRACT HIGH BID PP/ACRE
Combo #1 $710,000 $1,249
Combo #2 $365,000 $1,168
Parcel #3 $205,000 $1,290 

Total Auction Bid $1,280,000  

The sellers of the New Haven Dryland Auction are offering their 1,039.3 +/- acres of Colorado  dryland for sale at auction. Located in southeast Logan County, Colorado, this property offering includes 1,039.3 +/- acres of dryland for sale which is highly productive and clean, with level to slightly rolling terrain. The Buyer(s) will receive possession upon closing and 100% of the 2015 fall planted wheat crop. Parcel sizes vary from 154.6 +/- acres to 568.2 +/- acres to 1,039.3 +/- acres. Owned mineral rights conveyed to Buyer(s).

PARCEL #1A – DRYLAND: 160.7 +/- ac dryland; Legal: NE1/4 of 15, T6N, R49W, Logan County, CO; Location: From Fleming, 13 mi S to CR 10, .5 mi E to NW corner of property; 80.1 +/- acres in wheat stubble, 80.6 +/- acres planted to wheat; FSA base: 74.0 ac wheat w/33 bu PLC yield, 18.1 ac sunflower w/707# PLC yield; R/E Taxes: $325.58.
PARCEL #1B – DRYLAND: 162.9 +/- ac dryland; Legal: SE1/4 of 15, T6N, R49W, Logan County, CO;  Location: From Fleming, 14 mi S to CR 8, .5 mi E to SW corner of property; 80.0 +/- acres in wheat stubble, 82.9 +/- acres planted to wheat; FSA base: 75.0 ac wheat w/33 bu PLC yield, 18.3 ac sunflower w/707# PLC yield; R/E Taxes: $330.04.
PARCEL #1C – DRYLAND: 244.6 +/- ac dryland; Legal: NW1/4 & N1/2SW1/4 of 15, T6N, R49W, Logan County, CO; Location: From Fleming, 13 mi S to NW corner of property; 120.0 +/- acres in wheat stubble, 124.6 +/- acres planted to wheat; FSA base: 112.7 ac wheat w/33 bu PLC yield, 27.6 ac sunflower w/707#PLC yield; R/E Taxes: $495.56.
COMBO #1 (PARCELS #1A, #1B & #1C) – DRYLAND: 568.2 +/- ac dryland; 280.1 +/- acres in wheat stubble, 288.1 +/- acres planted to wheat; FSA base: 261.7 ac wheat w/33 bu PLC yield, 64.0 ac sunflower w/707# PLC yield; R/E Taxes: $1,151.17.
PARCEL #2A – DRYLAND: 154.6 +/- ac dryland; Legal: SW1/4 of 12, T6N, R50W, Logan County, CO; Location: From Fleming, 13 mi S to CR 10, 3 mi W to SE corner of property; 74.3 +/- acres in wheat stubble, 80.3 +/- acres planted to wheat; FSA base: 71.4 ac wheat w/33 bu PLC yield, 17.5 ac sunflower w/707# PLC yield; R/E Taxes: $280.04.
PARCEL #2B – DRYLAND: 157.7 +/- ac dryland; Legal: SE1/4 of 12, T6N, R50W, Logan County, CO;  Location: From Fleming, 13 mi S to CR 10, 3.5 mi W to SE corner of property; 77.3 +/- acres in wheat stubble, 80.4 +/- acres planted to wheat; FSA base: 72.8 ac wheat w/33 bu PLC yield, 17.8 ac sunflower w/707# PLC yield; R/E Taxes: $285.66.
COMBO #2 (PARCELS #2A & #2B) – DRYLAND: 312.3 +/- ac dryland; 151.6 +/- acres in wheat stubble, 160.7 +/- acres planted to wheat; FSA base: 144.2 ac wheat w/33 bu PLC yield, 35.3 ac sunflower w/707# PLC yield; R/E Taxes: $565.70.
PARCEL #3 – DRYLAND: 158.8 +/- ac dryland; Legal: SW1/4 of 9, T6N, R49W, Logan County, CO; Location: From Fleming, 13 mi S to CR 10, .5 mi W to SE corner of property; 79.8 +/- acres in wheat stubble, 79.0 +/- acres planted to wheat; FSA base: 73.3 ac wheat w/33 bu PLC yield, 17.9 ac sunflower w/707# PLC yield; R/E Taxes: $261.70.
SINGLE UNIT: (PARCELS #1A, #1B, #1C, #2A, #2B, & #3) – DRYLAND: 1,039.3 +/- ac dryland; 511.5 +/- acres in wheat stubble, 527.8 +/- acres planted to wheat; FSA base: 479.2 ac wheat w/33 bu PLC yield, 117.2 ac sunflower w/707# PLC yield; R/E Taxes: $1,978.58.

SALE TERMS/PROCEDURE: The " NEW HAVEN DRYLAND AUCTION" is an auction with NO RESERVE. Competitive bids will determine outcome of auction and the Seller to enter into a contract to purchase with the highest bidder(s). Property to be offered in 6 Parcels, 2 Combos, and as a Single Unit. The parcels, combos, and single unit will be offered in the sale order as stated within the brochure. The parcels, combos, and single unit 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 Brokerage Disclosure and will enter into and sign a Contract to Buy and Sell Real Estate (Land) 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 Reck Agri Realty & Auction. 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 December 4, 2015. Closing to be conducted byStewart Title of Sterling and the closing service fee to be split 50-50 between Seller and Buyer(s).
LEGAL DESCRIPTION: Legal descriptions are subject to existing fence/field boundaries or land-use trades, if any. If the property sells in parcels and/or combos and a survey is required to create a metes and bounds legal description, Seller to provide and pay for said survey. Seller & Buyer(s) agree
that closing may be extended up to 30 days if necessary to complete said survey.
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-ofway; 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 Contract to Buy and Sell Real Estate (Land).
POSSESSION: Possession of property 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: Buyer(s) shall receive whatever interest, if any, Seller has in any water rights appurtenant to the property.
GROWING CROPS: Seller to convey to Buyer(s) 100% of wheat currently planted. Buyer(s) to accept transfer of indemnity of crop insurance and pay premium at closing.
FSA DETERMINATION: FSA base acres and yields to pass with the Parcels, Combos, or Single Unit 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. Property
is enrolled in ARC program.
REAL ESTATE TAXES: 2015 real estate taxes due in 2016, and thereafter to be paid by Seller.
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, rye, goat/Johnson grass, 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.
MULTIPLE PARTY BID: If several parties go together and collectively bid on parcel(s) and the Multiple Party Bid is the highest bid, at the conclusion of the auction each party within the Multiple Party Bid shall identify and agree to sign separate contract (s), pay for their respective separate parcel(s) at closing, and pay for a metes & bounds survey and additional title insurance premium to create the legal description for their pespective separate parcel. The collective purchase prices for the separate parcels shall equal the total multiple Party 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 at the Buyers' Information Meeting, visit auction property page at www.reckagri.com, or by calling Reck Agri Realty & Auction. Bidding via cell phone, internet, and/or bidding onsomeone’s behalf, must be approved by Reck Agri Realty & Auction 24 hours prior to auction.
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 Contract to Buy and Sell Real Estate (Land). For additional color photos visit the “NEW HAVEN DRYLAND AUCTION” VisualTour on our website: www.reckagri.com.
COPYRIGHT NOTICE: Photographs, video tapes, 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.
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 ISWHERE IS, without warranty, representation or recourse to Seller. Reck Agri Realty & Auction and all other agentsof Broker are or will be acting as a Transactional Broker. 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 "NEW HAVEN 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.

Reck Agri OfficeAuction Location Map

Join Us...

NEW HAVEN DRYLAND AUCTION NO RESERVE
Thursday, November 5, 2015 @ 10:30 a.m. MT
Reck Agri Auction Center ● Sterling, CO

Stay connected through Reck Agri's e-newsletter, blog, social media, text messaging and our regular mailing list.

Can't make it to the auction? Watch or participate in bidding at our LIVE auctions online! You can still be part of the action. Register early to bid and Watch the live simulcast and/or bid online. Live auction broadcast starts approximately 15 minutes prior to auction.

Find out more about us and our land auction and real estate services.

Upcoming Auctions

Total Auction Bid $1,280,000

Quick Facts

  • NEW HAVEN DRYLAND AUCTION NO RESERVE
  • Thursday, November 5, 2015 @ 10:30 a.m. MT
  • Reck Agri Auction Center ● Sterling, CO
  • 1,038.7 +/- ac Dryland
  • SUCCESSFUL AUCTION! Total Auction Bid $1,280,000
  • From Fleming, CO, 13.7 mi S to New Haven elevator
  • Properties located within 0.25 mi to 4 mi of New Haven elevator
  • Legals: All of 15 except tract & SW1/4 of 9, T6N, R49W
  • Legals: S1/2 of 12, T6N, R50W
  • Seller conveying owned minerals to Buyer(s)
  • Possession of stubble upon closing
  • Wheat planted in Fall 2015 conveyed to Buyer(s)