640 Acres in Alamota, KS - $1,024,000
LEGAL DESCRIPTIONS:
E/2 OF SECTION 34-19-27 AND
W/2 OF SECTION 35-19-27
LOCATION: From the intersection of Turkey Red Road and E. Alamota Road in Alamota Kansas, go 7 miles South to E Road 60, then mile East to the SW corner of the property. SIGNS WILL BE POSTED!!
MINERAL RIGHTS: Mineral rights are subject to a prior reservation of record. The Seller will transfer 25% of the mineral rights to the Buyer at closing.
CROPS: There no growing crops.
FSA INFORMATION:
CRP ACRES - 472.2
EXPIRED CRP ACRES - 78.8 GRASSLAND ACRES - 89.0+
The Buyer will receive 100% of all FSA payments, if any, associated with the 2012 crop year.
CRP INFORMATION: There are approximately 472.2 acres currently enrolled in the CRP program.
61.7 ac at $38.53 for $2,377 annual payment thru 9/30/12
59.1 ac at $41.42 for $2,448 annual payment thru 9/30/12
43.4 ac at $37.99 for $1,649 annual payment...
43.4 ac at $37.99 for $1,649 annual payment thru 9/30/21
308.0 ac at $32.54 for $10,022 annual payment thru 9/30/12
The 2012 CRP payments which will accrue from October 1, 2011 through September 30, 2012 will be prorated to the date of closing, subject to FSA regulations.
POSSESSION: Date of closing.
REAL ESTATE TAXES: Seller will pay taxes for 2011 and prior years. Taxes for 2012 will be prorated to the date of closing. (2011 taxes = $663.54)
PRICE: $1,024,000
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