Navajo Road , Mcpherson, KS 67460 (McPherson County)

Size: 129 Acres

Type: Farms and Ranches

Auction Information

, , UNDEFINED

01/01/0001, 12:00 AM

129 Acres in Mcpherson, KS

129 ACRES McPHERSON CO. CROPLAND

Tuesday, December 18, 2012 at 2:00pm

Sellers: Claude Woodard, Robert Woodard, Gloria Boyett

Griffin Real Estate & Auction

305 Broadway

Cottonwood Falls, KS 66845

620-273-6421

Auctioneers Note: This productive cropland is all under one field. Here's an opportunity for a good investment with a respectable return. Good access and proximity to McPherson would also allow for improvements, if so desired. Productive ag land has been a good investment over the years. We will look forward to seeing YOU at the auction!

AUCTION DATE: Tuesday, December 18, 2012 at 2:00pm

AUCTION LOCATION: 2302 E. Kansas Ave., (Holiday Inn Express), McPherson, KS 67460

REAL ESTATE

LEGAL DESCRIPTION: (Abbreviated) NW/4 Section 11, Township 19 S., Range 4, West of the 6th PM, except for a tract in the NW corner, all in McPherson Co., KS. Consisting of 129.27 taxable ...

LEGAL DESCRIPTION: (Abbreviated) NW/4 Section 11, Township 19 S., Range 4, West of the 6th PM, except for a tract in the NW corner, all in McPherson Co., KS. Consisting of 129.27 taxable acres.

TAXES: $1,008.34

MINERALS: Sellers mineral rights transfer to the buyer. There is no production on the property.

PROPERTY DESCRIPTION: 129.27 acres of ag land is currently planted and leased for the 2013 wheat crop. The soils are Crete silt loam 0-1% slope and Crete silt loam 1-3% slope. These are deep, good tilth and high water capacity soils that are excellent for row crop production. These soils are also great for today's modern ag equipment with almost level fields and with slow run-off. The property is not fenced, but has great access with county roads on two sides. Navajo Rd. is a paved county road.

FSA CROPLAND INFORMATION:

Base Acres Payment Acres Direct Yield

Grain Sorghum 7.3 6.2 53

Wheat 113.3 96.3 33

Total Payment = $1,767.00

INSPECTION: Any time by appointment with Griffin Real Estate and Auction Service LC. Numbers listed below.

TERMS: The earnest money day of auction is $35,000.00, to be payable to McPherson Co. Abstract & Title Co. Inc. Closing will be on or before January 8, 2013, at which time Kansas Warranty Deed will be given. The title insurance shall be shared equally between the buyer and the seller for the owners policy.

The property is sold with a current ag lease in place. The terms are 20% share crop to the buyer and 80% share crop to the tenant. The tenant pays all of the production costs. Full possession by the buyer will be at the completion of the 2013 wheat harvest. The 2013 taxes will be the responsibility of the buyer.

All information has been gathered from McPherson County sources and is deemed reliable, but not guaranteed. All financing arrangements must be made prior to the auction. The buyer must rely on their own judgment and inspection of the property. All statements made day of the auction take precedence over advertisements.

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Directions

DIRECTIONS TO PROPERTY: From the west edge of McPherson, KS, at the junction of Hwy 56 and 81 Bypass; Go north sixth-tenths of a mile on 81 Bypass to 13th St. Then eight-tenths of a mile north on 13th to Moccasin Rd. Then 2 miles west on Moccasin Rd. to 11th St. and north 2 miles on 11th to Navajo Rd. Then travel west on Navajo Rd. one-half mile to property on south side of paved county road.