155.90 +/- Acre Daisy Rd & 1300

Description

Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, April 22nd, 2025at 2 PM(cst)|BIDDING CLOSING: Wednesday, April 30th, 2025at 2 PM(cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! Excellent opportunity to acquire 155.90 acres of productive farmland in southwest Dickinson County, Kansas. Located at the corner of Daisy and 1300 Ave, this diverse property features a strategic combination of quality tillable farmland, income-producing CRP acreage, and natural features. According to FSA records, the property includes 123 effective acres of cropland. The farmland is currently leased on a 1/3rd 2/3rd crop share arrangement, with the buyer to receive the owner's share in both the crop and expenses upon transfer of the property. The property is also in the Walk In Hunting lease program with the Kansas Department of Wildlife.The lease income will be prorated to the new buyer, this contract and be continuedor canceled, please see the disclosures section for more information. The remaining acreage is currently enrolled in two CRP contracts: 22.06 acres paying $46 per acre annually ($1,015 total) until 9/30/2025 11.01 acres paying $91.10 per acre annually ($1,003 total) until 9/30/2031 A tree-lined draw in the northwest corner adds character to the property and provides wildlife habitat. The combination of productive farmland and conservation areas creates a balanced investment opportunity with both immediate returns and long-term value. Features: 155.90 total acres o NE S04, T15, R01E 123 effective acres of tillable farmland Currently leased on 1/3rd 2/3rd crop share Buyer to receive owner's share in crop and expenses 33.07 acres in CRP contracts Combined annual CRP payments of $2,018 Tree-lined draw in northwest corner Corner location at Daisy and 1300 Ave 2 miles northwest of Holland 8 miles northeast of Gypsum 16 miles west of Salina This property presents an ideal opportunity for farmers looking to expand their operations or investors seeking quality Kansas farmland with established income streams from both farming operations and CRP contracts. Don't miss this chance to add a productive Dickinson County farm to your portfolio! The 2 CRP contracts will need to be described in the PIP. 22.06 acres paying $46.00 per acre. Ending date of contract 9/30/2035. Annual contract payment $1,015 11.01 acres paying $ $91.10 per acre. Ending date of contract 9/30/2031. Annual contract payment $1,003 The property is currently leased on a 1/3rd 2/3rd crop share agreement. Possession can be granted after wheat harvest. The buyer will receive the owner's share in the wheat crop and expenses. The buyer will be required to pay their share of expenses at the time of closing. This property is currently enrolled in the Walk in Hunting program through the Kansas Department of Wildlife until 2032. The hunting period for this property is September 1- January 31. The contract was entered into in 2022 with a one lump sum payment of $11,559.78. This payment will be prorated to the new buyer at the time of closing and the buyer will be able to continue the contract or terminate as outlined in the contract located in the property information packet. For further questions please reference the contract or contact the auction manager Definition of 'selling by the acre': A method of sale often used for agricultural or undeveloped acreage in which bids are made based on a per acre price. By way of example, if a 160-acre parcel was offered "by the acre" the high bid may be $5,000 an acre. That amount would then be multiplied times the total acreage to arrive at a total bid price of $800,000 (plus Buyer's Premium, if applicable). For the purposes of calculating the total sales price, the acreage will be rounded to the nearest whole acre.