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Land Auction - Burkhart Real Estate & Auction

160 +/- Total Acres in Hodgeman County, KS Bid By Phone Land Auction 160+/- Total Acres in Hodgeman County, Kansas Selling in One Individual Tract BIDDING POOL CLOSES: Thursday, February 27, 2025 - 12:00pm CST To participate in the auction, you must register and place a bid in the bidding pool prior to the above listed date and time. 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: This tract of land provides the opportunity to add to your farming operation. Do not miss your chance to bid on and own 160 acres of prime tillable Hodgeman County, KS land! Water Windmill: A water windmill is situated along the west property line of the subject property. The seller does not claim ownership or make any representations regarding the condition of the windmill and offers no guarantees. If the seller holds any ownership interest in the windmill, that interest will be transferred with the land to the buyer. Should the buyer wish to assert any rights to the windmill, they will be responsible for the cost of a survey to verify ownership. Manner of Sale: This real estate will be offered in 1 tract only. No acres will be divided. Sale Method: The real estate will be offered for sale by private phone auction. Buyers must register and place an initial bid prior to February 27, 2025 – 12:00pm (Noon) 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 pool 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 Thursday, February 27, 2025 – 12:00pm (Noon) 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 $25,000.00 earnest money deposit immediately following the auction. Contract closing will be on or before Friday, March 28, 2025, 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 High Plains Title in Dodge City, KS in their trust account. High Plains 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 Buyers 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. Taxes: The 2024 taxes totaled $982.96. The 2025 taxes will be prorated to the date of closing. Minerals: The entirety of the sellers’ mineral interest will sell with the land. All of the minerals are intact, open, and unleased. 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. Sellers: Donald and Janet Williams

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