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Burkhart Real Estate & Auction
160 +/- Total Acres in Stanton County, KS 152 +/- Total Acres in Hamilton County, KS TO PARTICIPATE IN THE AUCTION, YOU MUST REGISTER AND PLACE A BID IN THE BIDDING POOL PRIOR TO TUESDAY, DECEMBER 3, 2024 – 10:00 AM CST. If you are not registered and have not submitted an initial bid by the bidding pool deadline you will not be able to participate in the auction. Auctioneer’s Note: Being offered on the open market, these two tracts may be exactly what you are looking for to add to your operation! If you have questions regarding how a Bid By Phone auction works, please give us a call. TRACT 1 LEGAL DESCRIPTION: 160 +/- acres in the Northwest Quarter (NW/4) of Section Nine (S9), Township Twenty-nine (T29), Range Thirty-nine West (R39W) in Big Bow Southeast Township, Stanton County, Kansas. DIRECTIONS FROM BIG BOW, KS: From the intersection of Hwy 160 and S. Big Bow Grade Road, travel 2.0 miles South to E. Rd. 14, then 1.5 miles West to the Northeast corner of subject property. Signs will be posted. FSA INFORMATION: Dryland Tillable Acres: 159.91 MINERALS: The entirety of the seller’s mineral interest will sell with the land. There is a producing gas well identified as Newby Gas Unit ‘A’ 3HI located on this tract of land. The current operator is Scout Energy Management, LLC. Click here for the mineral search information. Click here for the annual production report. POSSESSION: Selling subject to tenant’s rights. The buyer will receive the seller’s 1/3rd share of the 2025 wheat crop. The buyer will be responsible for their 1/3rd share of any and all input expenses that occur after closing. After closing, it will be the buyer’s responsibility to negotiate a new lease agreement or to provide the tenant notice of release of tenancy. The tenant’s contact information can be provided to the buyer after the day of the auction. TAXES: The 2023 total taxes were $451.24 The seller will be responsible for paying in its entirety the 2024 real estate taxes. TRACT 2 LEGAL DESCRIPTION: 152+/- acres, Lots Six and Seven and the East Half (E/2) of the Southwest Quarter (SW/4) of Section Six (S6), Township Twenty-six (T26), Range Forty-two (R42) in Hamilton County, Kansas. DIRECTIONS FROM SYRACUSE, KS: From the intersection of Main St. (Hwy 27) and Avenue A, travel 11.0 miles South to SW Hamilton County Rd. 31, then 11.0 miles West to SW Hamilton County Rd. E and 0.50 mile South to the Northwest corner of subject property. Signs will be posted. FSA INFORMATION: Dryland Tillable Acres: 151.81 MINERALS: All mineral rights owned by the seller, if any, are being sold and transferred with the surface rights to the buyer. POSSESSION: Upon closing, the buyer will receive immediate possession on all acres. All acres are open. TAXES: The 2023 total taxes were $224.15. The seller will be responsible for paying in its entirety the 2024 real estate taxes. MANNER OF SALE: This real estate will be offered in 2 individual tracts only. No acres will be combined or divided. SALE METHOD: The real estate will be offered for sale by private phone auction. Buyers must register and place a bid prior to December 3, 2024 – 10:00 AM CST to be included in the bidding pool. All bids must be submitted to Mike Burkhart by telephone at 620-430-2000. After the bidding deadline, all active bidders will be allowed to advance their bids. The auctioneer will contact each bidder in the bidding pool for advancement of bids starting on Tuesday, December 3, 2024 – 10:00 AM CST. Bids will be accepted until no further advances are made. All bidding parties will remain confidential. Bidding increments will be at the sole discretion of the auction company. Bidders agree that once a bid is submitted the bid will be honored. TERMS: The successful bidder will pay a $20,000.00 earnest money deposit immediately following the auction. Contract closing will be on or before Monday, December 30, 2024, or upon such terms as may be acceptable to the sellers. Personal and corporate checks are acceptable for the down payment with the final payment to be made in certified funds. Earnest money will be held by Frazee Abstract and Title in their trust account. Frazee Abstract and Title will also serve as the closing agent and will prepare and complete all title work. Bidding is not contingent upon financing. Financing, if necessary, must have been arranged and approved prior to the auction. EVIDENCE OF TITLE: Seller will provide title insurance to the buyer(s) in the amount of the purchase price, with the premium to be paid one-half by the sellers and one-half by the buyers. Escrow fee will be split 50/50. No evidence or proof of title will be provided for the mineral interests selling with the land. MINERALS: See each specific Tract for mineral details. FSA INFORMATION: All FSA information is deemed correct and was obtained from reliable sources. Any future FSA payments will follow the crops and new buyers. POSSESSION: See each specific Tract for possession details. Announcements day of the sale take precedence over any printed advertising. View Printable Sale Bill Date/Time Details Bidding Pool Closes On Tuesday, December 3, 2024 N/A Bid By Phone Contact: Mike Burkhart 620-430-2000 Call Now
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