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      $3,250 an acre

 


142+/- Acre Farm In Mitchell County, KS.

0000 Lulu  Beloit, KS.  67420



Date: Monday, August 25, 2014

Time:

11 a.m.


Auction held at:


Plum Creek Restaurant  

121 W. Court   Beloit, KS.  67420

Auction Location


Flyer Brokers Reg

Soil Map  

   
  

Please note:  all boundaries on ANY map shown are approximate and may vary.
 

Legal Description:

NW/4    2-6-6W, Mitchell County, KS.


Property Location: From Scottsville: 2 miles North of 390 Rd.; 1 mile West on A Rd.  Roughly 7 miles East and 7 miles North of Beloit.

Manner of Auction: Auctioning as 1 tract to the highest bidder, subject to Seller approval.

Property Description: 142+/- Acre farm consisting of 134.5 tillable acres with approximately 7.5 wooded acres.

Crops: Tenant to retain all 2014 crops.

FSA Information:

Tenant to retain 2014 FSA payments. Buyer to receive owner share of 2015 FSA payments. Buyer responsible for registering as new owner and future programs with FSA.

Farmland Ac: 142.07; Cropland Ac: 134.53; Base Ac: 117.3

Wheat: 94.1 (35DY); Grain Sorghum: 18.9 (56DY); Soybeans: 4.3 (17 DY)


Soil Types: 96% Class II soils, balance Class IV

Minerals Minerals are intact, and will transfer to Buyer.

Tax Information: Seller to give Buyer a credit of $1449 at closing for the purpose of paying 2014 taxes when they come due in December, based off of 2014 taxes.

Easements: Buyer to accept any and all easements, restrictions, roadways, and right-of-ways of record.

Earnest money terms: $40,000 non-rufundable earnest at contract signing, made out to Mitchell County Abstracts.

Closing date/place: On or before September 25, 2014 at Mitchell County Abstracts. Title policy and closing costs to be equally between Buyer and Seller.

Possession: At closing subject ot tenant rights. Full possession after harvest of growing soybean crop.

 

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