M.F.D. LLC. Auction

293 +/- ACRES ELLIS COUNTY LAND AUCTION

Tuesday, January 25, 2022, 10:00 A.M.

Auction Location: Rose Garden Banquet Hall, 2350 E 8th St, Hays, KS 67601

     This a Live Auction with Live Online Bidding Included!

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SOLD $420,000.00! TRACT I: LEGAL DESCRIPTION: South Half of South Half (S2S2) Less Tract Beginning Southwest Corner Thence East 1267.14, Thence 36.41, Thence Northwest 936.16, Thence West 837.55, Thence South 890.63 to the Point of Beginning of Section Twenty-seven (27), Township Thirteen (13) South, Range Seventeen (17), West of the 6th PM, Ellis County Kansas being 135.80 acres more or less.

 

LAND LOCATION: On Toulon Ave; from the I 70 exit 163, go north ½ mile to Airbase Road, 2.25 miles east to the SW corner of said property.

 

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FSA INFORMATION: This farm has a total of 135.80 acres with approximately 131.72 acres of cropland with the remaining 4.08 acres being waterway grass.  It carries an 80.88 acre wheat base with a 33 PLC yield and 15.44-acre grain sorghum base with a 55 PLC yield.

 

Oil Production with Tract I:  Dreiling B lease is combined with tract I 0.00532670 Royalty Interest. 

Production:

2020 – 1,152 bbls     2019 – 1,320 bbls

2018 – 1,485 bbls     2017 – 1,308 bbls

 

SOLD $380,000.00! TRACT II: LEGAL DESCRIPTION: The North Fifty Three and One third Acres (N53 1/3) of the North Half of Northwest Quarter (N2 NW4) and the North Twenty Six and Two thirds Acres (N26 2/3) of Northwest Quarter of Northeast Quarter (NW4 NE4) and East Half of Northeast Quarter (E2 NE4) of Section Twenty-eight (28), Township Thirteen (13) South Range Seventeen (17), West of the 6th PM, Ellis County Kansas being 157.1 acres more or less.

 

LAND LOCATION:  On Toulon Ave; from the I 70 exit 163, go north ½ mile to Airbase Road, 2 miles east, ½ mile north on 310th Ave to the SE corner of said property.

 

WATCH FOR SIGNS POSTED ON PROPERTY!

 

FSA INFORMATION: This farm has a total of 157.10 acres with approximately 83.57 acres of cropland with the remaining 73.53 acres being grass and wasteland.  It carries a 50.95 acre wheat base with a 33 PLC yield and 9.73 acre grain sorghum base with a 55 PLC yield.

Oil Production with Tract II:  Dreiling 1 lease is combined with tract II 0.04050934 Royalty Interest and a 0.00273440 Override Interest. 

Production:

2020 – 309 bbls     2019 – 487 bbls

2018 – 484 bbls     2017 – 320 bbls

MINERALS:  Seller(s) shall convey 100% of the Sellers mineral interest. 

POSSESSION: Immediate upon closing on all idle acres and after the 2022 wheat harvest on planted acres.

TAXES:  Sellers shall pay all the 2021 taxes and prior years’ taxes, if any.  The 2022 and subsequent years taxes shall be the responsibility of the buyer.  The 2021 taxes were Tract I $1,059.14 and Tract II $680.48

TERMS, TITLE INSURANCE AND CLOSING:

Ten Percent (10%) down day of the sale; balance due upon closing.  Owner’s policy and closing expense will be shared 50/50 between the buyer and sellers.  Mortgage policy, if required will be the expense of the buyer.  Closing shall be on or before February 28, 2022.  This auction sale is not contingent upon the purchaser’s ability to finance the purchase.  Buyers must make finance arrangements, if needed, prior to the auction.   

CONDITIONS:  All acreages are considered to be approximate and are deemed to be from reliable county & FSA sources.  Buyers are encouraged to verify details and view properties prior to the auction.  Announcements made day of sale shall take precedence over printed material. 

SELLER:  M.F.D. LLC.

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Come Early for Refreshments & to Register for Bid Number

Jason W Schneider - Listing Agent – 785-650-2433