300 acres +/- Ellis & Rooks Co., Cultivation, Native Grass & Hunting

For: Gene & Phyllis Jaco Living Trust

Monday, January 6, 2025

AUCTION LOCATION: Holiday Inn Express & Suites Hays, 4650 Roth Ave, Hays, KS 67601

TIME: 10 AM

LAND LOCATION:

TRACT 1: From Hays, KS I70 Exit 159, North 14miles to Saline River Rd, then East 3 miles to the Southwest Corner of Tract 1. 

TRACT 2:  From Plainville, KS Hwy 183 and K18 Hwy, South 3.25 miles to AA Rd, then East 1 mile to the Northwest Corner of Tract #2. 

TRACT 1 LEGAL DESCRIPTION:

Tract 1: The Southeast Quarter (SE/4) of Section Seven (7), Township Eleven (11) South, Range Seventeen (17) West of the 6th P.M., Ellis County, Kansas, EXCLUDING A tract beginning 115.5 feet West of the Southeast corner of the Southeast Quarter; thence North 198 feet; thence West 769.8 feet; thence South 198 feet; thence East 769.8 feet to the Point of Beginning; ALSO Excluding tract beginning 889 feet West of the Southeast corner; thence North 441 feet; thence West 521 feet; thence South 247 feet; thence West 125 feet; thence South 194 feet; thence East 646 feet to the Point of Beginning; ALSO Excluding A tract beginning 33 feet North of the Southwest corner of the Southeast Quarter; thence East 440 feet; thence North 481.14 feet; thence West 434.07 feet; thence South 481.14 feet to the Point of Beginning; ALSO less the Road Right-of-Way (R/W).

F.S.A. INFORMATION:

134.56 +/- acres

69.19 +/- acres cultivation

64.69 +/- acres fenced grassland

.68 acres Unfenced grassland & Trees

TRACT 2 LEGAL DESCRIPTION:

The Northeast Quarter (NE/4) of Section Thirteen (13), Township Ten (10) South, Range Eighteen (18) West of the 6th P.M. Rooks County, Kansas.

F.S.A. INFORMATION:

158.58 +/- acres

157.24 +/- acres cultivation

1.34 acres lease roads & unfenced grass

GENERAL INFORMATION:

Tract 1 offers the perfect blend of agricultural potential and recreational appeal. With 69.19 acres of productive, level farmland, 64.69 acres of fenced native grassland ideal for grazing cattle, and 0.68 acres of natural grassland and trees, this land provides a variety of opportunities. Located just off of the Saline River Road, it also offers excellent hunting for deer and turkey. Whether you're looking to farm, ranch, or enjoy outdoor recreation, this property can do it all. Also located on this tract is 1 producing well that will transfer with the property.

Tract 2 is a productive tract of cultivation made up of primarily Class II Harney silt loam soil types with minimal slopes of 0-3%. Also located on this tract are 1 producing wells that will transfer with the property.  Both Tracts have good access

MINERALS:

All Seller’s Interest will be conveyed with the property with an effective date of transfer on the 1st of the month immediately following closing.  TRACT 1 Production history: Royalty Interest of .01171880 (2021 44bbls; 2022 518bbls; 2023 1,015bbls; through 7/2024 302bbls) 

TRACT 2 Production history: Royalty Interest of .0625 (2021 825bbls; 2022 825bbls; 2023 703bbls; through 6/2024 497bbls)

TAXES:

Year 2024 taxes and all prior taxes to be paid by the SELLER. Year 2025 and all future taxes to be paid by the BUYER.  The 2024 Real Estate taxes were:

Tract 1: $501.06. Tract 2: $1,186.72

The 2024 Mineral Taxes:

Tract 1: $87.42 Tract 2: $394.72

GOVERNMENT PROGRAMS:

Purchaser to stay in compliance with all US Government Programs the property is presently enrolled in. Government payments to follow current F.S.A. guidelines. This tract is enrolled in the ARC program.

POSSESSION:

Possession will be at closing on the cultivation and grassland. The tenant reserves the bales, solar panel, and pump for the water well, to be removed by February 1st, 2025.

LIVE INTERNET & PHONE BIDDING AVAILABLE. CALL FOR DETAILS.

TERMS:  10% down day of sale, balance to be paid upon title approval and delivery of deed, said closing to be on or before February 20th, 2025, or as soon as title requirement, if any can be corrected.  Every effort will be made to honor said original closing date set forth in this contract.  Sale is not contingent on the purchaser obtaining financing.  Financing, if necessary, needs to be approved prior to the auction.  The seller agrees to convey said property by a good and sufficient Trustees Deed to the purchaser, subject to easements restrictions, roads, rights-of-way, leases, reservations, and county zoning regulations of record.  Said deed shall be delivered to the purchaser at the time of settlement.  Seller(s) to furnish and pay for title insurance showing merchantable title in the Seller.  Title Insurance is being prepared by Field Abstract & Title. This tract is being sold by U.S. Government Survey and Meets & Bounds Survey.  If the purchaser feels that an additional survey is needed, the cost shall be the responsibility of the Purchaser.                                         

Listing Agent:  Jason Pfeifer (785) 483-1805 or Kalli Windholz (785) 324-1758.

Agency Disclosure:  Farmland Auction & Realty Co., Inc is the agent of the seller. If purchaser desires representation, legal council is advised.

Farmland Auction & Realty Co., Inc.

Jason Pfeifer, Broker & Auctioneer

Roger Legleiter, Licensed R/E Sales & Auctioneer

Kalli Windholz, Licensed R/E Sales

1390 E. 8th, Unit A Hays, KS 67601

(785) 628-2851

Toll Free: 1-888-671-2851

E-mail: farmland@farmlandauction.com

Web: www.farmlandauction.com