Auction Information
75.18 Acres in Strong City, KS
75.18 Acres Diamond Creek Cropland
Thursday, March 20, 2014 at 7:00pm
Seller: Paula B. Plummer (Trustee of the Maurice L. Plummer Trust dated June 12, 1997)
AUCTION DATE: Thursday, March 20, 2014 at 7:00PM
AUCTION LOCATION: Community Building, Swope Park, Cottonwood Falls, KS 66845
PROPERTY LOCATION: Approximately 4 miles west of Strong City, Ks on Hwy 50 to Diamond Creek Rd, the approximately 3 miles northwest on Diamond Creek Rd to SE corner of property on the north side of county road.
AUCTIONEERS NOTE: As most of you are aware, property in the Diamond Creek valley rarely comes up for sale. Here is a once in a lifetime opportunity to own property in one of the prettiest areas of Chase County.
REAL ESTATE
LEGAL (shortened): The E/2 of the SW/4 of Sec. 3, Twp. 19, Rge 7 Chase Co, Ks (except for a metes and bound described tract.) 75.18 Acres
TAXES: $733.70 MIN...
TAXES: $733.70 MINERALS: Buyer receives 50% of the sellers mineral rights.
PROPERTY DESCRIPTION: Approximately 73.26 A of dry land cropland and approximately 1.92 acres of native grass, timber, and Gannon Creek.
The Dry Land Soils consist of: Approx. 18% Ra-Reading Silt Loam 0-1% slope #1 cropland, Approx. 34% Ch-Chase Silty Clay Loam Loamy lowland, Approx. 27% IC-Irwin Silty Clay Loam 1-3% slopes, clay upland, Approx. 21% Lm-Ladysmith silty clay loam, 0-1% clay upland.
The property lies in one large field, making it nice for today's modern farming equipment. There are no terraces and the tract slopes gently toward Gannon Creek, which flows into Diamond Creek. Gannon Creek flows through the very northwest corner of the property so very little cropland is wasted. (FSA information unavailable at time of printing.)
TERMS: Earnest money deposit day of auction is $15,000.00. Check made to Lyon Co Title. Closing on or before April 22, 2014 at which time trustee deed will be given. Title insurance and fees of the title company will be shared 50/50 between the buyer and the seller. 2014 taxes will be the responsibility of the buyer.
FARM LEASE: 23 Acres are planted to wheat and is leased on a 50/50 crop share. Buyer will receive 50% of the wheat crop. The buyer will be responsible for 1/2 of the seed, 1/2 of fertilizer, and working of the unplanted ground at closing in the amount of $1,478.95. At harvest the buyer will pay 1/2 of the combining and trucking expenses of approx. $276.00. The balance of the cropland will be lease free and available to the buyer for 2014 crops. Buyer will receive the wheat acreage upon completion of 2014 harvest. Property is not sold subject to financing. All information has been gathered from Chase County sources and is deemed reliable but not guaranteed. All statements evening of auction take precedence over advertisements.
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