iAuction Terms & Conditions 

1. Procedure: Bidding ends Wednesday, April 24, 2024 at 10:00 AM, with a soft close, meaning that a bid in the final minute will extend bidding by 5 minutes. 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, Thursday, April 25, 2024 (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, May 30, 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. 

Sumner County, KS Land for Sale at iAuction – Wall-Baird Farm 

Bidding Ends Wednesday, April 24^th at 10AM.  

If you are looking to expand your farming operation in south central Kansas or north central Oklahoma, this high-quality Sumner County farmland can fit your needs.  Located in far Southern Sumner County, this farm tract consists of 314.48 tillable acres and the rest grass waterways.  There is public road access from three sides allowing for easy farming.  Soils are primarily Brewer silty clay loam, Rosehill clay loam 3 to 6 percent slopes, Rosehill clay loam 1 to 3 percent slopes, and Kirkland silt loam 1 to 3 percent slopes.   

This property has a long-term tenant in place with a 1/3 - 2/3 crop share verbal lease.  The buyer will receive the landlord 1/3 share of the existing wheat crop.  The seller has paid $7,347.73 for the landlord’s 1/3 share of fertilizer and herbicide inputs.  The buyer will not be required to re-imburse these expenses.   

The tenant plans to double crop soybeans this summer and the buyer will receive 1/3 of that crop and will be responsible for 1/3 herbicide and pesticide inputs for the soybeans.  Full possession will be the day following soybean harvest.   

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

Any mineral rights owned by the seller transfer to the buyer.   

USDA/FSA information: 314.48 Farmland Acres with 314.48 DCP, 289.60 wheat base acres, and a PLC yield of 33. 

This property is 5 miles southeast of South Haven and 6.5 miles north of Braman Oklahoma.  From the South Haven I-35 exit (exit 4) go east 1.5 miles on Highway 166.  South on South Hydraulic Rd 2 miles.  The property is southeast of the East 180^th St. South and South Hydraulic Road intersection.   

Sellers: The Wall-Baird Family Farms, LLC