160 Acres in Lakin, KS - $928,000
160 Acres of Irrigated Land
Southeast Quarter 25-23-37
Kearny County, Kansas
Legal Description
The Southeast Quarter (SE/4) of Section Twenty-five (25), Township Twenty-three (23) South, Range Thirty-seven (37) West of the Sixth P.M., Kearny County, Kansas.
Description of the land
This tract consists of a total of 160 total acres of which 125 acres are irrigated and 36.98 acres are enrolled into the CRP program. The CRP has an annual payment of $1,184 and expires 9-30-2035.
Minerals
This tract is selling with the surface rights and water rights only.
Water Rights
This tract is governed by Water Right 23,663. ...
This tract is governed by Water Right 23,663. This water right allows 272 acre feet to be pumped per calendar year and not to exceed 700 gallons per minute. The irrigation well is currently pumping 400 gallons per minute.
Irrigation Equipment
This tract is selling with Valley center pivot, 75 HP World Wide electric motor and an irrigation pump.
Possession
Buyer shall get 25% of the current corn crop and full possession following the 2024 fall harvest. The CRP payment shall be prorated to the day of closing.
Location
This tract is located 5 miles North of Lakin to Road 200 then 3 miles West.
Real Estate Taxes
2023 Real Estate Taxes $3,479.52
Asking Price
$928,000 or $5,800 Per Acre
