Auction Information
160 Acres in Iuka, KS
Pratt County, KS
LAND AUCTION
Tuesday, January 19th at 11:00 A.M.
Auction held at Comfort Suites in Pratt
704 Allison, Pratt, KS 67124
160 ACRES WITH CENTER PIVOT IRRIGATION
LEGAL DESCRIPTION: SE 1/4 of Section 22, Township 26 South, Range 13 West, Pratt Co., KS.
LOCATION: Go two miles north of Iuka, KS on Hwy 281 turn east on NW 80th St and go 1/2 mile to the property.
DESCRIPTION: Quarter section with 158.52 acres of cultivation. 135 acres under center pivot irrigation. 1997 Valley sprinkler with 20 overhang, 3 drops are 3 years old. 1997 John Deere
diesel motor. Soil types are approximately 70% Hayes fine sandy loam and approximately 30% Solvay loamy fine sand. Irrigated acreage is open, three corners are planted to wheat.
WATER RIGHTS: Water right #28446. Priority date
1-12-1977. Authorized acre feet 207. Well depth 140 feet.
Static water level 36 feet.
MINERAL RIGHTS: 1/2 of...
MINERAL RIGHTS: 1/2 of the mineral rights will pass to
Buyer. The other 1/2 will be reserved by the Seller for 20 years or as long as there is production.
SOILS: Hayes fine sandy loam, 1 to 5 percent slopes & Solvay loamy fine sand, 0 to 2 percent slopes.
TAXES: $2,952.58
POSSESSION: Buyer shall receive possession of open ground upon closing. Buyer to receive 1/3 of growing wheat and shall be responsible for 1/3 of fertilizer, chemicals and crop insurance on the wheat acreage. TERMS: $ 25,000 earnest money due day of auction, balance to be paid by cashiers check on or before February 19, 2016. The buyer and seller shall share equally in the title insurance premium and closing cost. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. All announcements day of auction take precedence over all printed advertising and previously make oral statements.
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