Richmond Simpson Land Auction

May 31, 2022 at 10:00am
2350 East 8th Street, Rose Garden Banquet Hall, Hays, 67601 KS, US


Description:

PUBLIC AUCTION

SOLD !! $2,044,030.00

1,767 ACRES +/- of the RICHMOND-SIMPSON

ROOKS & ELLIS COUNTY KS PASTURELAND

& OIL PRODUCTION – SELLS IN 4 TRACTS

May 31, 2022, 10:00 A.M.

AUCTION LOCATION: Rose Garden Banquet Hall, 2350 E 8th St, Hays, KS 67601

This is a Live Auction with Live Online Bidding Included!go to hamitauction.com to register to bid onlineCome Early for Refreshments and to Register for a Bid Number!Tract 1 -The Southeast Quarter (SE/4) of Section One (1), The Southwest Quarter (SW/4), the South Half of the Northwest Quarter (S/2NW/4), and the West Half of the Southeast (W/2SE/4) of Section Six (6), Township Eleven (11) South, Range Seventeen (17) West of the 6th P.M. Ellis County, Ks. being 465.5 acres more or less. Oil Production -Lieb-NW WTRFLD Seller Interest 0.1086540 Total production for 2021 2,913 bbls.General Description:This well managed tract has abundant native grasses with good fences, spring fed creek & ponds. All this offers excellent grazing for any discriminating livestock producer!Tract 2 -The South Half of the South Half (S/2 S/2) of Section Twenty-seven (27) and all of Section Thirty-four (34) Less the East Half of the Southeast Quarter (E/2SE/4) all in Township Ten (10) South, Range Seventeen (17) West of the 6th P.M. Rooks County, Ks. being 687 acres more or less. Oil Production Richmond 1-27 Seller Interest .0852865 Total production in 2021 2,898 bblsRichmond 2-27- Seller Interest .0778089 Total production in 2021 161 bbls.Richmond 3-34 Seller Interest .0595704 Total production in 2021 648 bbls.Richmond 4-34 Seller Interest .0595704 Total production in 2021-162 bblsRichmond Comeau Seller Interest .05718750 Total production in 2021- 1,397 bbls.Richmond Comeau 2 Seller Interest .03971350 Total production in 2021- 468 bbls.General Description:The tall bluffs present an amazing view of the Saline River Valley and the deep ravines provide excellent habitat for wildlife in addition to the great grazing opportunities! FSA carries 82.53 of cropland that has been put back to grass (expired CRP) and still carries the following crop bases: Wheat 23.7 acres W/42 bu. PLC yield and Grain Sorghum 12.1 acres W/47 PLC yield.Tract 3- The East Half (E/2) of Section Fifteen (15), Township Eleven (11) South, Range Seventeen (17) West of the 6th P.M. Ellis County, Ks. being 290.62 acres more or less. Oil Production Simpson Lease-Seller Interest .0625000 Total production for 2021 166.64 bbls *Subject to First Right of RefusalGeneral Description:Another well managed pasture with excellent native grasses, good fences and large stock water pond.Tract 4- SURFACE ONLY in and to: The North Half (N/2) of Section Twenty-three (23), Township Eleven (11) South, Range Seventeen (17) West of the 6th P.M. Ellis County, Ks. being 319.2 acres more or less.General Description:This pasture has great grazing potential and has a spring fed creek and rural water meter & outlet. There is no division fence between this tract & the adjoining property to the south. To help with this situation the sellers will grant a $7,500.00 allowance to the buyer that will be held in escrow and distributed to the purchaser upon proof of completion of the division fence if completed within 1 year from date of closing and meeting the minimum requirements of a division fence as defined by KANSAS STATUESPossession of all Tracts: Immediate Upon ClosingMinerals:Seller(s) shall convey 100% of the Sellers minerals interest to the Purchaser with oil runs to start on day of closing. All oil runs made prior to closing will be the property of the seller(s).Taxes:Seller Shall Pay All The 2021 Real Estate Taxes and Buyer to Pay All 2022 and Subsequent Years Taxes. 2021 Taxes Were; Tract 1 – $728.60, Tract 2 – $3,278.34, Tract 3 – $483.16 & Tract 4 – $431.06Terms:10% down day of sale with the balance to be paid at closing.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. This auction sale is not contingent upon the purchaser’s ability to finance the purchase. Consult your loan agency prior to the auction.This offering of ranchland has been in the regions well established names of the Richmond-Simpson families for several generations. This Rooks and Ellis County, Kansas land is located in the Saline River Valley area and will be sold in 4 separate, unique tracts, 3 with producing minerals included. This auction will present a rare opportunity for cattle producers, hunters, oil producers and investors to own a piece of this highly sought-after property.SELLERS: The Heirs to the Gayle Richmond Living Trust, Liberty University; Biola University, Inc.; and Dallas Theological Seminary

Directions:

Notes:

Disclaimer: