542.28+/- Acres Kingman & Reno County, Kansas Selling in 4 Tracts On Our UNRESERVED ONLINE AUCTION October 25, 2022 Bidding opens October 11, 2022, and ends October 25, 2022, at 11 a.m. CDT Bidding increments will be $50/acre. The final sale price will be calculated based on total acres times the highest bid with no buyer premium. Plan to Attend the Informational Meeting & Auction: Kingman Expo Center 121 South Main Kingman, KS 67068 BigIron Realty Agents will be at the Kingman Expo Center in Kingman, KS, on October 25, 2022, from 9:00 a.m. CDT until the conclusion of the online auction. Please come at this time to discuss the land. BigIron Realty representatives will be there to assist Buyers with registering to bid and placing bids online. You do not have to be present to bid online, but you are required to be available by phone. BIDDING PROCESS: You may place bids on this land for 14 days beginning October 11, 2022, and ending October 25, 2022, at 11 a.m. CDT. This unreserved online auction features bidding extensions. If a bid is received within five minutes of the scheduled close time, the bidding will be automatically extended to five minutes. This will continue until there is a five-minute period where no bids are placed. NOTE: Do not wait until the day the auction closes to register to bid online. All bidders must be approved to bid, so please register at least 24 hours prior to the auction close or call 800-887-8625 for assistance. General Description: This 542.28+/- acres contains some of the best farmland available in Kingman and Reno Counties. It sells in 4 tracts with no combination of tracts. It offers 439.17+/- acres of cropland, of which 342.22+/- acres are ‘Prime Farmland’ per the U.S. Department of Agriculture (USDA), Natural Resource Conservation Service (NRCS). The remaining cropland is primarily ‘soils of statewide importance.’ The number of acres selling on each tract is determined by the U.S. Department of Agriculture, Farm Service Agency (FSA) which is considered the most accurate. All tracts are either on or within a half mile of a paved road with easy access to multiple grain delivery points. The Seller’s mineral and wind rights go to the Buyer(s) and are believed to be 100% intact. Tracts 1, 2, and 4 are planted to milo for the 2022 harvest. Buyers receive full possession the earlier of 1) conclusion of the 2022 milo harvest; 2) destruction or abandonment of the milo; or 3) December 31, 2022. Tract 3 was planted to wheat for grazing, and full possession passes immediately at closing. Real estate taxes on all tracts are prorated to the date of closing. Tract 1: Description: This quarter section is 150.17+/- acres with 127.83 acres of ‘prime cropland’.’ It’s Shellabarger sandy loam and Shellabarger-Nalim complex (1 to 3% slope). It's currently planted to a poor stand of drought-affected milo. This prime soil will produce top yields in any other year with normal moisture and fertilization. It has a matching 127.83 acres of FSA wheat base. There are 19.4 acres of native grass and trees in the southwest corner and a 2.94-acre waterway running east and west through the middle of the quarter. A 5.32-acre farmstead on the west side borders Hodge Road (N Hwy 11) is owned by a third party and does not sell with the quarter. This land has great access with paved Hodge Road (N Hwy 11) on the west and paved Pretty Prairie Road on the south. Grain delivery is 4 miles south on Hodge Road (N Hwy 11), then a quarter mile west to the Skyland Grain, Twin Forks location. Grain delivery is also available 9 miles east to Pretty Prairie or 7 miles north to Arlington, all on paved roads. Don’t miss the opportunity to own this prime cropland! Legal Description: SW 1/4 15-26-8 less a 5.32-acre farmstead (150.17+/- acres, Reno County, KS) 2021 Taxes: $1,794.83 Land Location: 7 miles south of Arlington, KS, on Hodge Road (N Hwy 11), or 9 miles west of Pretty Prairie, KS, at the northeast corner of the Pretty Prairie Road and Hodge Road (N Hwy 11) intersection. FSA: Crop Base PLC Yield Wheat 127.83 32 bu Mineral & Wind Rights: Seller’s mineral and wind rights, believed 100% intact, pass to the Buyer. Water Rights: Pass to the Buyer. Possession: Buyer receives full possession the earlier of: 1) conclusion of the 2022 milo harvest; 2) destruction or abandonment of the milo crop; or 3) December 31, 2022. Tract 2: Description: Here's an excellent, mostly ‘prime’ quarter of 156.91+/- acres located between Cunningham and Penalosa on paved NW 50 St. Land of this quality is rarely available in Dresden and Eureka townships. It has 130.29 acres of cropland with a matching 130.29 acres of FSA wheat base. The cropland is nearly all ‘prime’ class 2 soils, including Nalim loam (0 to 1% slope) and Shellabarger-Nalim complex (1 to 3% slope). It's currently planted to drought-affected milo. These prime soils produce top yields in any other year with regular moisture and fertilization. There are 26.62 acres of native grass and trees in the southwest corner. It's bordered on the south by a mature windbreak. It's bordered on the east by NW 150 Ave. and on the north by paved NW 50 St. The property has great access to grain delivery points: 4 miles to Penalosa, 6.5 miles to Cunningham, or 6.5 miles to Turon. Don’t miss the opportunity to own this quality, well located land! Legal Description: NE 1/4 10-27-10 (156.91+/- acres, Kingman County, KS) 2021 Taxes: $1,150.98 Land Location: From Penalosa, go 4 miles west on paved NW 50 St. From Cunningham, go 5 miles north on paved NW 170 Ave., then 1.5 east on paved NW 50 St. From Turon, go 5 miles south on NW 170 Ave., then 1.5 east on paved NW 50 St. FSA: Crop Base PLC Yield Wheat 130.29 32 bu Mineral & Wind Rights: Seller’s mineral and wind rights, believed 100% intact, pass to the Buyer. Water Rights: Pass to the Buyer. Possession: Buyer receives full possession the earlier of: 1) conclusion of the 2022 milo harvest; 2) destruction or abandonment of the milo; or 3) December 31, 2022. Tract 3: Description: Here’s 158.72+/- acres, including 123.18 acres of cropland and 35.54 acres of native grass and windbreaks. The 123.18 acres of cropland includes 4.42 acres of waterways with 118.76 acres of cropland. The 123.18 acres have a matching 123.18 acres of FSA wheat base. The past tenant used a no-till drill to plant the cropland to wheat for cattle grazing. The perimeter of the cropland and the native grass are fenced together for grazing. There’s a 5-inch PVC-cased water well just south of the small pond on the north side of the property. The tenant has been using a submersible pump with a solar power unit to provide water for cattle. A small pond nearby also provides water in an average rainfall year. Cropland soils are primarily class 3 Albion sandy loam (3 to 6% slope) and Shellabarger sandy loam (3 to 6% slope). A windbreak on the north and west sides provides wind and shade protection for livestock, with deer and turkey habitat for hunting. It’s bordered on the north by SW 30th St. and on the west by SW 100th Ave. Legal Description: NE 1/4 22-28-9 (158.72+/- acres, Kingman County, KS) 2021 Taxes: $401.00 Land Location: 8 miles east of Cunningham, or 8 miles west of Kingman, on Hwy 54 to SW 90 Ave. (Calista). Turn 3 miles south on SW 90 Ave., then a half mile west on SW 30 St. FSA: Crop Base PLC Yield Wheat 101.9 28 bu Mineral & Wind Rights: Seller’s mineral and wind rights, believed 100% intact, pass to the Buyer. Water Rights: Pass to the Buyer. Possession: At closing. Tract 4: Description: Here’s a beautiful 76.48+/- acres with location, location, location for the land investor, hunter, farmer, or anyone looking for the right rural home site. It's located three miles east of Kingman on Hwy 54 to the Pretty Prairie exit, then a half mile north on paved NE 40 Ave. It has 57.87 acres of mostly ‘prime’ cropland, with a matching 57.87 acres of FSA wheat base. There are 15.89 acres of native grass and trees on the north side, with 2.72 acres of tree groves and windbreaks along the south and west boundaries of the land. The north pasture transitions into a beautiful wooded wildlife habitat to the south. The cropland is currently plantedto drought-affected milo. In any other year with normal moisture and fertilization, these prime soils produce top yields. Grain delivery is three miles north on paved NE 40 Ave., then a half mile east to Varner on NE 50 St. Another grain delivery option is a half mile south to Hwy 54, then 3 miles west to Kingman. Don't miss the opportunity to own this 76.48+/- acres of hard-to-find possibilities! Legal Description: E 1/2 of SE 1/4 23-27-7 (76.48+/- acres, Kingman County, KS) 2021 Taxes: $451.32 Land Location: 3 miles east of Kingman, KS, on Hwy 54 to the Pretty Prairie exit. Then a half mile north on NE 40 Ave. The land is northwest of the intersection of NE 40 Ave. and NE 20 St. FSA: Crop Base PLC Yield Wheat 57.87 32 bu Mineral & Wind Rights: Seller’s mineral and wind rights, believed 100% intact, pass to the Buyer. Water Rights: Pass to the Buyer. Possession: Buyer receives full possession the earlier of 1) conclusion of the 2022 milo harvest; 2) destruction or abandonment of the milo; or 3) December 31, 2022. Owner: Three K Farms, Inc. Title Services: Security 1st Title, 410 N. Main, Kingman, KS 67068 For more information, contact listing agent: Mike Campbell, 620-899-6989 Terms: The sale is subject to all rights of way and easements, whether recorded or not and to oil and gas leases of record, if any. The successful Buyer will enter into a written purchase agreement immediately after the sale with a 10% non-refundable down payment payable to Security 1st Title, 410 N. Main, Kingman, KS 67068 (620-532-2011). The earnest money deposit can be made by personal check, company check, or wire transfer. The balance will be due at closing on or before November 30, 2022. Seller will provide marketable title to the Buyer evidenced by title insurance. Title insurance and closing costs are split 50/50 between Buyer and Seller. The Buyer will pay additional title insurance required by the Buyer's lender 100%. The Seller will pay 2021 and prior year taxes. 2022 property taxes will be prorated to the date of closing. The property will not be sold subject to financing. Have all financial arrangements made prior to the auction. The written purchase agreement, to be signed by the Seller and Buyer after the auction, is the sole and controlling document of this sale and supersedes any and all other terms, whether verbal, written, expressed, or implied, and shall be the sole and controlling document for this real estate transaction. BigIron Realty is working for the Seller.