Land Auction

Land Auction

Monday, November 5, 2018  |  10:00AM

We will sell the following described real estate at a public auction at
American Legion – 100 5th Street – Linn, Kansas

LAND LOCATED:
  • 8 miles West of the Highway #148 & #15 junction to Indian Road, all three tracts are located south along Indian Road
  • TRACT I:  W/2NW/4 15-4-2; TRACT II:  N/2SE/4 & E/2NE/4 16-4-2 less farmstead; TRACT III:  SW/4 15-4-2 less farmstead all in Washington County, Kansas

TRACTS I & II – Seller:  Lavera Helms Estate

These two farms are gently rolling and great producing farms with good access.

  • Tract I Legal:  W/2NW/4 of 15-4-2, Washington Co., Kansas, Strawberry Twp
    • Brief Description:  77 acres m/l – 62 acres m/l farm ground, 9 acres m/l pasture with good fences and highway frontage, remainder in waterways or prairie grass, farm ground is 90% Class II & III soils
    • Base Acres/Yields:  Wheat – 30.07 acres, with yield of 37 bu; Grain sorghum – 15.3 acres with yield of 94 bu; Soybeans – 15.3 acres with yield of 41 bu
    • 2017 Taxes:  $1,208.11
  • Tract II Legal:  N/2SE/4 & E/2NE/4 of 16-4-2, less farmstead in the NE Corner Washington Co., Kansas, Strawberry Twp located just west across the road from Tract I
    • Brief Description:  154 Acres m/l – 91 acres m/l farm ground, 46 acres m/l pasture with good fences, 11 acres m/l waterways; 6 acres m/l timber, farm ground is Class II & III soils, highway frontage on the north
    • Base Acres/Yields:  Wheat – 46.7 acres, with yield of 37 bu; Grain sorghum – 23.4 acres with yield of 94 bu; Soybeans – 23.4 acres with yield of 41 bu
    • 2017 Taxes:  $1,963.39

TRACT III – Seller:  John Helms Land

  • Tract III Legal:  SW/4 15-4-2, less farmstead on 9th Road, Washington Co., Kansas, Strawberry Twp, located just south of Tract I
    • 153 Acres m/l – 64 acres m/l pasture, 80 acres m/l CRP, 9 acres m/l waterways, pasture is watered by 2 ponds,1 spring fed, and a small creek, all fences are good, CRP is enrolled to 2025 at $61.32/acre, Buyout is approximately $41,300, Seller to retain 2018 CRP Payment.
    • 2017 Taxes:  $1,729.44

Auctioneer’s Note  ||  These are 3 great farms located in a great community, easily accessed by highway and well-rocked roads, all terraces and waterways are done, mineral and water rights pass with the land to the buyer, come to the auction prepared to buy these farms will sell to the highest bidder sale day.
Terms and Conditions  || 10% down day of sale payable to Clay County Abstract & Title Company as escrow agent for the parties with balance due in the form of certified funds in 30 days or less upon delivery of clear and merchantable title.  Escrow fee and Owner’s Title Insurance to be paid ½ by seller and buyer.  Seller to pay 2018 and all prior years taxes.  2018 cash rent and CRP remain with the seller.   Possession at closing.
Auction firm is working for the seller.  Announcements sale day take precedence over all printed matter.
Listing Agent  ||  Gail Hauserman