iAuction Terms & Conditions 

1. Procedure: Bidding ends Thursday, December 28, 2023 at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes on each tract. All bids placed are by the Acre.  

2. BUYERS PREMIUM: 5% Buyer’s Premium will be added to the final bid price to arrive at the contract sales price. 

3. ACCEPTANCE OF BID PRICES: Winning bidder will enter into a Contract to Purchase immediately upon being declared the Successful Bidder by the Auctioneer. Upon the close of the auction, the winning bidder will be forwarded via email a Contract to Purchase. Trophy Properties and Auction must receive a signed copy of the contract on or before 12:00 NOON, Friday, December 29, 2023 (hand delivered, faxed, or scanned and emailed). The Seller reserves the right to reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns. This agreement is NOT subject to financing, inspections, or other contingencies or delays the closing for such reason. 

4. DOWN PAYMENT: 10% of the contract purchase price will be due upon acceptance of the Sales Contract. Business or Personal Checks or Wire Transfer are accepted. 

5. BIDDING: Once submitted, a bid cannot be retracted.  

6. CLOSING: Closing shall be on or before 3:00 PM., Thursday, February 01, 2024. 

7. POSSESSION: Possession will be given at closing, subject to the remaining rights of the current tenant if any. 

8. TITLE: Seller shall furnish the buyer(s) at Seller’s expense an Owner’s Policy of Title Insurance in the amount of the purchase price, and agrees to provide and execute a proper deed conveying merchantable title to the real estate to the buyer(s). 

9. SURVEY: AT SELLERS OPTION, the Seller shall provide a new survey where there is no existing legal description to convey title.  

10. REAL ESTATE TAXES: The 2024 Real Estate taxes to be paid by the Buyers. 

11. Under no circumstances shall Bidder have any kind of claim against Trophy Properties and Auction, or anyone else if the Internet service fails to work correctly before or during the auction. 

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines are drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied. Please make all inspections and have financing arranged prior to the end of bidding. All announcements made day of sale take precedence over prior advertising either written or oral.  This property is subject to prior sale. 

Ness County, KS Land for Sale at iAuction – Hobson Family Trust Farm  

Bidding Ends Thursday, December 28^th at 10AM. 

High quality Ness County farmland being sold at iAuction.  Located just 2 miles west of Ransom along state Highway 4, this nearly 100% tillable property consisting of 467+/- acres is being sold in three tracts.  All three tracts’ soils are primarily Harney silt loam with 0% to 1% slopes.  All three tracts have excellent access from multiple sides and Frontier Ag is a close two miles away.  2022 property taxes for the property in its entirety were $3,012.68.  All three tracts are being sold as surface rights only passing to buyers.  

Tract 1 - 117± acres of 100% tillable land with access from old state highway 40 on the north and O road on the west.  Soils are 90% Harney silt loam 0% to 1% slopes per USDA.  This tract is in fallow stubble and full possession will be upon closing.  Legal description: All land north of Kansas Highway 4 right of way in the Northwest Quarter (NW/4) of Section Twenty-seven (27), Township Sixteen (16S) Range Twenty-four (24W) of the 6th P.M., Ness County Kansas. 

Tract 2 - 190± acres of nearly 100% tillable land with access from state highway 4 on the north, O road on the west, and 250 road on the south.  89% of soils consist of Harney silt loam 0% to 1% slopes.   This tract is in fallow stubble and full possession will be upon closing.  Legal description: All land south of Kansas Highway 4 right of way in the Northwest Quarter (NW/4) of Section Twenty-seven (27), Township Sixteen (16S) Range Twenty-four (24W) of the 6th P.M., Ness County Kansas and all of the Southwest Quarter (SW/4) of Section Twenty-seven (27), Township Sixteen (16S) Range Twenty-four (24W) of the 6th P.M., Ness County Kansas.  

Tract 3 - 160± acres of nearly 100% tillable land with access from O road at the northeast corner, and 250 road on the south.  88% of soils consist of Harney silt loam 0% to 1% slopes.   This tract is in fallow stubble and full possession will be upon closing.  Legal description: All of the Southeast Quarter (SE/4) of Section Twenty-eight (28), Township Sixteen (16S) Range Twenty-four (24W) of the 6th P.M., Ness County Kansas. 

For more information call or text Dan Melson at (785) 979-3402