Phillips Trust Auction

589 +/- ACRES TREGO COUNTY LAND AUCTION

Monday, April 8, 2024, 10:00 AM

AUCTION LOCATION: VFW Post 3449, 400 N Railroad St., WaKeeney, KS 67672

This is a Live Auction with Live Online Bidding Included!

Go Here to Register to Bid Online

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SOLD! $425,000.00 TRACT I: LEGAL DESCRIPTION: South Half (S2) of Section Excluding the Tract Beginning Southeast Corner of the Southwest Quarter (SW4) thence North 694.65’ thence West 1,254’ thence South to the South Section Line thence East to the Point of Beginning of Section Five (5), Township Thirteen (13), Range Twenty-Three (23), Trego County, Kansas being 288.29 acres more or less.

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LAND LOCATION: From WaKeeney, KS Exit 127, go south 5 miles on Hwy 283 to N Road, this being the SE corner of said property.

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                                WATCH FOR SIGNS POSTED ON PROPERTY!

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FSA INFORMATION: This farm has a total of 288.29 total acres with approximately 167.75 acres of cropland with the remaining 120.54 acres being native grass and wasteland. It carries a 33 acre wheat base with a 32 PLC yield and 66 acre grain sorghum base with a 78 PLC yield.

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General Description:  This property has a five-wire fence around native grass pasture.  Current water source is brought from property to the south. The 167.75 acres are currently planted to wheat for the 2024 season.

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SOLD! $450,000.00 TRACT II: LEGAL DESCRIPTION: East Half (E2) of Section Eight (8), Township Thirteen (13), Range Twenty-Three (23), Excluding Tract III, Trego County, Kansas being 291.71 acres more or less.

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LAND LOCATION: From WaKeeney, KS Exit 127, go south 6 miles on Hwy 283 to O Road, this being the SE corner of said property.

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                                WATCH FOR SIGNS POSTED ON PROPERTY!

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FSA INFORMATION: This farm has a total of 291.71 acres of native grass and wasteland.

General Description:  This property has a five-wire fence, four hole automatic waterer, livestock tank and has a working windmill.  The water well on this tract supplies water to all three tracts.  There is a communication tower lease in the SE corner of said property.

 

SOLD! $240,000.00 Tract III: LEGAL DESCRIPTION: A tract of land in the Northeast corner of the Northeast Quarter (NE4) of Section Eight (8), Township Thirteen (13) south, Range Twenty Three (23), more particularly described as follows: Commencing at the northeast corner of Section 8-13-23, thence west along the north section line a distance of 633.2, thence south parallel with east section line a distance of 819.6’, thence east parallel with north section line a distance of 633.2’ to the east section line, thence north along east section line a distance of 819.6’ to the point of beginning, being 9.43 acres more or less.

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General Description:  This property has a home built in 1910.  In the late 1960s the Excelsior No. 28 schoolhouse was added to the existing home.  This 3,076 square foot home has 5 bedrooms, 3 baths, attached/basement two car garage and has had many updates around 1999.  The property has many outbuildings, corrals, and grain bins.  Playground equipment was moved in from Trego Center No. 10 school and Bethel No. 43 school.  Also on this property are numerous trees and has easy access off Highway 283.  

 

Land Location: From WaKeeney, KS Exit 127, go south 5 miles on Hwy 283 to N Road, this being the NE corner of said property.

 

MINERALS: Seller(s) shall convey 100% of the minerals.

 

POSSESSION: Immediate upon closing on all native grass acres and after the 2024 wheat harvest on planted acres

 

TAXES: Sellers shall pay all the 2023 taxes and prior years’ taxes, if any. The 2024 and subsequent years taxes shall be the responsibility of the buyer. The 2023 taxes were Tract I $1,277.56, Tract II $534.32 and Tract III $1,300.00

 

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 May 8th, 2024. 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.

 

           An open house for this property will be Sunday, March 24, 2024 at 4:30 PM

 

SELLER: Darrell C. Phillips Irrev. Trust

Be Sure to Check Our Website for More Info & Pictures

Come Early for Refreshments & to Register for Bid Number

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

Donald L Hamit – Broker 785-425-8123