Colby, KS 67701(Thomas County)

160 Acres in Colby, KS - $225,000

LEGAL DESCRIPTION: SW/4 OF 15-7-34

LOCATION: From the intersection of Hwys 25 & 25 at Colby, KS, go 3 miles West to County Road 16, 3 miles North to County Road V to the SW corner. SIGNS WILL BE POSTED!

MINERAL RIGHTS: All of the Sellers interest will transfer to the Buyer at closing.

CRP INFORMATION: CRP ACRES: 169.6

There are 169.6 acres currently enrolled in the CRP program through 9/30/2020 at $37.60 per acre for a total annual payment of $6,377.

Buyer will receive 100% of the 2011 CRP payment which will accrue from October 1, 2010, through September 30, 2011.

POSSESSION: Possession will be date of closing.

REAL ESTATE TAXES: Seller will pay taxes for all of 2009 and prior years. Taxes for 2010 will be the responsibility of the Buyer.

(2010 taxes = $220.14)

PRICE: $225,000