Bidding Notice:

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Auction Information
Name The Allen Family Revocable Trust
Auctioneer
Type Live Webcast Auction
Date(s) 7/16/2018 - 8/9/2018
Location
Buyer Premium 10% BP for Minerals Only
Description
4 Farms | 560 +/- Acres | Sm. Grain/Livestock/Wildlife Land | Live Creek & Pond 400 +/- Net Mineral Acres Wakita/Clyde/Renfrow Areas, Grant Co., OK & Caldwell Area, Sumner Co., KS Online Bidding Available! AUCTION Thursday - August 9, 2018 - 2:00 p.m. Auction Location: The Community Building, 119 E 1st St., Caldwell, KS 67022 Farm #1: 160 +/- acres * located from Wakita (Jct. Hwy 11A & Kiowa Rd.), 3 miles E. on Kiowa Rd., then ½ mile S. on CR 880 Rd. to the NW/c of the property * according to the Grant Co. F.S.A., there are 158.07 acres of cropland with a 156.8 acre wheat base & a 31 bushel per acre PLC yield * principle soil type of the cropland is mostly Kirkland silt loam, Class II, with small amounts of Grainola silty clay loam, Class III * balance is in waterway * land lays level & is easily tilled '17 Taxes: were approx. $405.00 Legal Description: SW/4 of Sec. 29, Twp. 28N, R6 W Grant Co., OK Possession: at closing Farm #2: 160 +/- acres * located from Wakita (Jct. Hwy 11A & Kiowa Rd.), 5 miles E. on Kiowa Rd. to the NW/c of the property * according to the Grant Co. F.S.A., there are 151.33 acres of cropland with a 149.9 acre wheat base & a 40 bushel per acre PLC yield * principle soil type of the cropland is Kirkland silt loam, Class II, with lesser amounts of Grainola silty clay loam, Class III * balance is in waterway & small amount of timber * land is slightly terraced, along good rock road, & approx. 3 miles of the Clyde Elevator '17 Taxes: were approx. $327.00. Legal Description: NW/4 of Sec. 27, Twp. 28N, R6 W Grant Co., OK Possession: at closing Farm #3: 160 +/- acres * located from Renfrow, 4 miles NE on US 81, then 3 miles E. on Osage Rd. * according to the Grant Co. F.S.A., there are 112.75 acres of cropland with a 42.7 acre wheat base & a 37 bushel per acre PLC yield, of which 70 acres is currently enrolled in CRP with annual payments of approx. $2,116.00 which expires in 2023 * principle soil types of the cropland are McLain silt loam, Class I, Kirkland silt loam, Class II, & Grainola silty clay loam, Class III * balance is in thick timber, grass pasture & pond * great hunting potential '17 Taxes: were approx. $250.00. Legal Description: SE/4 of Sec. 18, Twp. 29N, R3 W Grant Co., OK Possession: at closing, subject to the CRP contract which the buyer agrees to assume and complete. Buyer will be solely responsible for any penalties or pay back for failing to complete the contract. Farm #4: 84 +/- acres * located from Main St. & 1st in Caldwell, W. on Main St. to dead end, approx. ¼ mile S. on Springdale, 2 miles W. 180th S., then 1 ¼ miles S. on S. Ryan Rd. to the NW/c of the property * according to the F.S.A., there are 60.85 acres of cropland, of which 58.9 acres is currently enrolled in CRP with annual payments of approx. $2,460.00 which expires in 2020 * principle soil type of the cropland is mostly Dale and Reinach silt loams, Class I, with a small amount of Renfrow-Grainola complex & Dale silt loam, both Class III * balance is in thick timber-lined Bluff Creek, creating great hunting & fishing potential '17 Taxes: were approx. $137.00 Legal Description: Lot 4 & the SW/4 NW/4 of Sec. 16, Twp. 35S, R3 W Sumner Co., KS Possession: at closing, subject to the CRP contract which the buyer agrees to assume and complete. Buyer will be solely responsible for any penalties or pay back for failing to complete the contract. Terms & Conditions for Real Estate: Order of Auction: Farms will be offered individually only. 2018 Taxes: will be prorated to the day of closing. Crop: No F.S.A./CRP payments for the 2017-2018 crop year are being sold or transferred. Minerals: minerals in, under and to the above described Farms #1, #3, & #4 will be offered separately and after the auction of the surface. No other minerals are being sold or transferred Terms: 10% of the purchase price is to be placed in escrow the day of auction with the balance being due upon delivery of merchantable title. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, crop base, CRP, etc. prior to auction day. Announcements made day of auction take precedence. Minerals will be offered after the Real Estate! Mineral #1: All minerals in, under, and to the above described Farm #1. Minerals appear nonproducing & open for lease. Mineral #2: All minerals in, under, and to the above described Farm #3. Minerals appear nonproducing & open for lease. Mineral #3: All minerals in, under, and to the above described Farm #4. Minerals appear nonproducing & open for lease. Terms & Conditions: A 10% Buyer's premium will be added to the high bid in the auction to determine the purchase price of each tract. 10% of the purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of merchantable title, at closing. Buyers will have 20 days to examine the county records and satisfy themselves as to the title. Title will transfer by Limited Warranty Deed. Closing is to be on or by September 24, 2018. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, production, etc. prior to auction day. Any announcements made the day of the auction supersede all advertising. Oklahoma Farms & Minerals: Contact Vicki Wiggins Allen or Jeff Crissup of Wiggins Auctioneers, LLC, at (580) 554-4400/ 541-9246 for additional information. Kansas Farm: Contact Shawn Terrel of United Country- Kansas City Auction and Realty, Co-Broker, at (877) 318-0438 for additional information. Visit wigginsauctioneers.com OR uc-kc.com for photos & aerials. Seller: The Allen Family Revocable Trust
See Description. FOR BIDDER PACKETS/CONTRACTS PRIOR TO AUCTION DAY, PLEASE CALL WIGGINS AUCTIONEERS AT (580) 233-3066!
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 25.00 USD
1,000.01 - 10,000.00 250.00 USD
10,000.01 - 100,000.00 2,500.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% BP for Minerals Only
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