Mitchell County Land Auction | Live and Online Auctions on HiBid.com

MITCHELL COUNTY LAND AUCTION- 90.85 (+/-) Acres DATE: Friday April 26, 2024 TIME: 1:30 PM LOCATION: Upstairs of the Knights of Columbus (123 W Court St, Beloit, KS 67420) LEGAL: S05, T07, R07W, ACRES 90.85, BEG SLY 914' & WLY 371.25' FR NE COR NE4, THS SLY 597.97', ELY 371.25', SLY 937.08', WLY 676.5', SLY 182.09', WLY 1767.24', NLY 2162.5'(S). ELY 949.31', SLY 823.95', ELY 717.58', NLY 386.54', ELY 371.25' POB, EX ROW SP/2012 SP/2014 SP/2015 all of Mitchell County Kansas. ACREAGE BREAKDOWN: 90.85 (+/-) cropland acres. CASH RENT: Seller and tenant currently have a cash rent lease agreement for 2024. Tenant will be planting soybeans. New buyer will receive sellers cash rent for the 2024 in the amount of $70/acre. BUYER POSSESSION: Seller is currently under a cash rent lease agreement. New buyer will be entitled to full possession after the 2024 soybean harvest or December 1, 2024 whichever may come first. TAXES: Seller shall pay the taxes for the year 2023 & all prior years. Buyer shall pay the taxes for the year 2024 & all succeeding years. Current taxes are $1,569.74. DETAILED INFORMATION: Please visit our website for more detailed information including maps, & aerial drone footage and more at www.hansenonlineauction.com TERMS: 10% of the purchase price as down payment day of auction, the balance will be due upon closing. Down payment will be escrowed with NCK TITLE, fees will be split 50/50 between seller & buyer. Title Insurance will be used, the cost will be split 50/50 between seller & buyer. Hansen Auction & Realty is acting as seller's agent on behalf of the sellers. All information is believed to be correct. However, neither the sellers nor the auction company make any guarantees expressed or implied. Statements made day of auction shall take precedence over any printed material.