ONLINE ONLY!!! NO MINIMUM NO RESERVE!!! Outstanding opportunity to acquire 311+/- acres of diverse agricultural land in Western Allen County, Kansas. This expansive property is ideally located 3 miles southwest of Moran, KS, at the corner of 3400th St and Minnesota Rd, offering easy access and excellent potential for continued farming and ranching operations.

This versatile property is perfect for those looking to expand their agricultural operations or invest in quality Kansas land. The combination of tillable acreage and pastureland provides opportunities for both crop production and livestock grazing.

The property's location near Iola and Moran as well as proximity to major highways ensures convenient access. Whether you're a local farmer looking to grow your operation or an investor seeking to diversify your portfolio with productive agricultural land, this offering presents a rare opportunity in Allen County.

Don't miss this chance to own a substantial piece of Kansas farmland with diverse agricultural potential selling regardless of price!

Features:

311+/- taxable acres

W1/2 S09, T25, R20E

Approx. 121 acres of pasture

Approx. 165 acres of tillable

Approx. 16 acres of meadow

2.61 acres in CRP paying $163 yearly until 9/30/2026

Multiple ponds for livestock

Barbed wire fencing

Immediate possession at closing

3 miles west of HWY 59

2 miles south of HWY 54

10 miles SE of Iola

Property offered at ONLINE ONLY auction.| 10% Buyer's Premium will be added to the final bid.|BIDDING OPENS: Thursday, November7th, 2024 at 2 PM(cst)|BIDDING CLOSING: Wednesday, November13th, 2024 at 2:10 PM(cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment.

Definition of 'selling by the acre': A method of sale often used for agricultural or undeveloped acreage in which bids are made based on a per acre price. By way of example, if a 160-acre parcel was offered by the acre the high bid may be $5,000 an acre. That amount would then be multiplied times the total acreage to arrive at a total bid price of $800,000 (plus Buyers Premium, if applicable). For the purposes of calculating the total sales price, the acreage will be rounded to the nearest whole acre. For example, a parcel with 158.7 acres would be offered as 159 acres or a parcel is 158.3 would be offered as 158 acres.

The property has historically been leased on a handshake agreement by a tenant farmer and rancher for both the tillable and pastureland. Both tenants have been notified of the sale, at the time of closing possession of the land will be given to the buyer or if they elect to continue the farming relationship with the tenants they may enter into a new lease agreement.

Buyer shall succeed and maintain the CRP contract for the duration of the contract and be in compliance with FSA guidelines. Any compliance issues or terminations as well as expenses or fees will be the responsibility of the new buyer.