Land Auction: Pishny Four, LLC Seller
Saturday, July 29th at 10 A.M. Blue Rapids City Hall, 4 Public Square, Blue Rapids, KS
562 +/- Acres Marshall County Kansas Land
Tract 1:
This land is located in S15, T04, R06, ACRES 98+/- (Estimated), SW4 NE4 & W2 SE4 LESS R/W, Located south of the center of the river (Legal Description & Acres TBD by survey prior to closing)
Buyer is to receive the 2nd half of the cash rent on the cropland on November 15, 2023, in the amount of $75 per cropland acre ($150 per cropland acre annually).
FSA Details:
91.3 FSA DCP Cropland Acres
91.3 Base Acres (57.07 Soybeans, 34.23 Wheat)
Buyer to take possession at closing subject to tenants rights. The tenant is operating under a verbal lease through March 1, 2024. The buyer is responsible to terminate the tenant under Kansas Lease Law if the buyer does not wish to retain the tenant after that date.
Brokers Notes...
Brokers Notes: Tract 1 offers producers and investors an opportunity to own HIGHLY PRODUCTIVE and coveted river bottom ground featuring 89.3% Class I & Class II soil types (Eudora Silt Loam & Muir Silt Loam). These soil types are considered PRIME cropland and are sure to produce excellent yields year after year.
Tract 2:
This land is located in S15, S16, S22, T04, R06, & RAILROAD ADDN, BLOCK 29, LOTS 6 & 7 & W2 VAC ADJ ALLEY, ACRES 229+/- (Estimated), Located south of the center of the river, east of 4th Road, and north of Elm Street. (Legal Description & Acres TBD by survey prior to closing)
Irrigation Water Rights: Tract 2 has 36 acres authorized with 36 acre-feet of water annually at 830 gallons per minute appropriated effective on February 20, 1954. The sellers entered a 10-year Water Rights Conservation Contract in January of 2023 that comes out in December of 2023. (See Water Rights Appropriation Tract 2, Water Rights Sketch Tract 2, and WRCP Tract 2 for all details on the water rights for Tract 2 in Attachments below.)
Buyer is to receive the 2nd half of the cash rent on the cropland on November 15, 2023, in the amount of $75 per cropland acre ($150 per cropland acre annually).
FSA Details: (Estimated)
188.24 FSA DCP Cropland Acres
165.26 Base Acres (68.24 Wheat, 58.2 Soybeans, 26.49 Sorghum, 12.34 Corn)
Buyer is to receive the 2nd half of the cash rent on the cropland on November 15, 2023, in the amount of $75 per cropland acre ($150 per cropland acre annually).
Brokers Notes: Tract 2 offers producers and investors an opportunity to own HIGHLY PRODUCTIVE and coveted river bottom ground with Senior Irrigation Water Rights along with a HIGH percentage of Class I & Class II soil types (Eudora Silt Loam & Muir Silt Loam). These soil types are considered PRIME cropland and are sure to produce excellent yields year after year.
Tract 3:
This land is located in S15&S16, T04, R06, ACRES 51+/- (Estimated) Located north of the center of river (Legal Description & Acres TBD by survey prior to closing)
Buyer to take possession at closing subject to tenants rights. The tenant is operating under a verbal lease through March 1, 2024. The buyer is responsible to terminate the tenant under Kansas Lease Law if the buyer does not wish to retain the tenant after that date.
FSA Details: (Estimated)
38.01 FSA DCP Cropland Acres
33.43 Base Acres (13.8 Wheat, 11.77 Soybeans, 5.36 Sorghum, 2.50 Corn)
Buyer to take possession at closing subject to tenants rights. The tenant is operating under a verbal lease through March 1, 2024. The buyer is responsible to terminate the tenant under Kansas Lease Law if the buyer does not wish to retain the tenant after that date.
Brokers Notes: Tract 3 is the perfect sized tract for young producers buying their first river bottom, veteran producers looking to ad quality acres to their operation, and investors adding to their portfolio. Dont miss your opportunity to own HIGHLY PRODUCTIVE and coveted river bottom ground featuring Class I & Class II soil types (Eudora Silt Loam & Muir Silt Loam). These soil types are considered PRIME cropland and are sure to produce excellent yields year after year.
Tract 4:
This land is located in S15&S16, T04, R06, 100 +/- (Estimated), Located north of the center of the river less Tract 3 & Less R/W.
This tract also has 2 separate CRP Contracts and a KDWP access contract.
CRP Contract 1 Details: (See CRP 1 to see the contract in Attachments below.)
Contract Period: 10/1/2013 through 09/30/2023
Contract Acres: 25.40
Annual Contract Payment: $2,633.00 (2023 payment stays with the seller)
Rental Rate Per Acre: 103.66
CRP Contract 2 Details: (See CRP 2 to see the contract in Attachments below.)
Contract Period: 10/1/2021 through 09/30/2031
Contract Acres: 6.75
Annual Contract Payment: $678.00 (2023 payment stays with the seller, 2024 and beyond go to the buyer)
Rental Rate Per Acre: 100.48
KDWP Fishing Access Contract Details:
Contract Period: 2023-2027
Annual Payment: $1,000.00 paid on or about April 1 each year
Type of Access Granted: Foot Access Only
(See KDWP Fishing Access Contract in Attachments below to view the contract.)
KDWP agrees to terminate this contract in early September and if the new owner would like to continue KDWP would be willing to do a new contract with the buyer (See
KDWP Fishing Access Contract (Notice to Terminate) in Attachments below.)
Buyer to take possession at closing subject to tenants rights. The current pasture tenant is operating under a verbal lease through November 1, 2023. The buyer is responsible to terminate the tenant under Kansas Lease Law if the buyer does not wish to retain the tenant after that date.
FSA Details: (Estimated)
40.31 FSA DCP Cropland Acres
35.33 Base Acres (14.59 Wheat, 12.44 Soybeans,5.66 Sorghum, 2.63 Corn)
Brokers Notes: Outdoorsmans DREAM property or the PERFECT spot to build your FOREVER HOME! Tract 4 is nestled along the Little Blue River with excellent Whitetail Deer Habitat, and access to the river for fishing, trapping, waterfowl hunting, and more. This tract also has a 15 +/- acre pasture, and 32.15 acres of cropland currently enrolled in CRP.
Tract 5:
Home & Building Site, Acres 7.5 +/- (Legal Description & Acres TBD by survey prior to closing) For complete details, pictures, and virtual tour of Tract 5CLICK HERE
Tract 6:
S21, T04, R06, ACRES 76.7, N2 SW4 LESS R/W
Buyer is to receive the 2nd half of the cash rent on the cropland on November 15, 2023, in the amount of $75 per cropland acre ($150 per cropland acre annually).
FSA Details:
73.44 FSA DCP Cropland Acres
73.4 Base Acres (31.1 Wheat, 30.2 Soybeans, 12.1 Sorghum)
Buyer to take possession at closing subject to tenants rights. The tenant is operating under a verbal lease through March 1, 2024. The buyer is responsible to terminate the tenant under Kansas Lease Law if the buyer does not wish to retain the tenant after that date.
Brokers Notes: Tract 6 features 100% Class 1 & Class II Soil with Muir Silt Loam, Nodaway Silt Loam, and Ladysmith Silty Clay Loam soil types. The soil types and easy and 1/2 mile of Highway 9 frontage make this the perfect property for ALL producers and investors.
Terms & Possession: 10% down day of sale, balance due at closing on or before 9/6/2023. Seller to pay 2022 and prior years taxes with 2023 taxes prorated to date of closing. Title insurance, escrow and closing costs to be split equally between buyer and seller. Property to be sold AS-IS, WHERE-IS subject to items that would be disclosed on a survey, claims of adverse possession, and all easements, exceptions of record . All inspections should be made prior to the day of the sale. Possession at closing subject to tenants rights. (See website for details). Sellers interest in mineral rights transfer with the sale of property. This is a cash sale and is not subject to financing, have your financing arrangements made prior to auction. Midwest Land and Home is acting as a Sellers Agent and represents the sellers interest. All information has come from reliable sources; however, potential buyers are encouraged to verify all information independently. Seller expressly disclaims any liability for errors, omissions or changes regarding any information provided for these sales. Potential purchasers are strongly urged to rely solely upon their own inspections and opinions in preparing to purchase property and are expressly advised to not rely on any representations made by the seller or their agents. Statements made the day of sale take precedence over all other printed materials. Aerials and acres are estimates and representations ONLYactual acres and property lines will be determined by a survey prior to closing.
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