LEGAL DESCRIPTION: The Southwest Quarter of Section Twenty-One (21), Township One South (T1S), Range Twelve West (R12W), of the 6th PM, Smith County, Kansas.

DESCRIPTION: Quality combination farm with 73.91 acres dry cropland and 85.01 acres grassland. The pasture does have a large stock pond and good fences.

FSA DATA:

Farmland-158.92 Acres

Corn Base-7.0 Acres

Cropland-73.91 Acres

Grain Sorghum Base -18.97 Acres

Wheat Base-33.19 Acres

Soybean Base-10.14 Acres

TOTAL BASE ACRES - 69.30

TAXES: $1,740.40 (2023)

Auction Terms

Terms: A payment equal to 10% of the purchase price will be due the day of the auction. The balance will be due on or before April 18th, 2025, by certified funds, or a direct wire transfer to the closing agent. The 2024 and all prior taxes will be paid by the sellers. The buyer will be responsible for all subsequent taxes. Title insurance will be split equally between the buyer and the seller. The sellers will convey fee simple title subject to any existing highways, easements, reservations, or encumbrances of record on file with Smith County Register of Deeds. All equipment and improvements sell in as is condition.

Possession: Full possession for the 2025 crop/grazing year will be granted at closing. Possession for agricultural purposes will be granted upon earnest money deposit.

Auction Method: All bidding will take place online. Any absentee bids or bidding on behalf of another person or entity must be approved by Ruhter Auction & Realty, Inc and the sellers.

Announcements: All inspections required by the purchaser will need to be made prior to the auction date. This sale is not contingent upon financing and while the information presented in marketing materials and on auction day were obtained from sources deemed reliable neither Ruhter Auction & Realty, Inc. or the seller makes any guarantees or warranties as to the accuracy. This property sells AS IS WHERE IS with no warranties either expressed or implied. Interested parties should conduct their own due diligence. Final bids are subject to seller confirmation/ acceptance.

Acres & Mapping: The maps used in promotional materials and at the auction may not be too scale and are meant for illustrative purposes only. The acres represented on these properties are simply used as a multiplier for total sales price. A survey has not been completed; however, we have used the best sources available to us in determining the correct acreage, but they are not guaranteed.

SELLERS: Clint Shipman & Konni Shipman

Ruhter Auction & Realty, Inc. are acting as agents for the sellers.