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02/28/2013 - Info - Earl H. Kayser Revocable Trust

160.29 ACRES ~ LYON CO GRASS ~  CRP

AUCTION DATE:  Thursday, February 28, 2013 at 7:00pm

SELLERS:  Earl H. Kayser Revocable Trust

AUCTIONEER’S NOTE:  Here is an opportunity for you the buyer!  This land will only improve with the right management and inputs.  Buyers keep in mind what an investment of $20,000.00 for fences and clean up ads to the purchase price.  On a quarter that investment is $125.00/acre.  Quarters like this often can be purchased with room for investing in improvements and property management and still have a very reasonable price per acre in your initial investment.

Ag producers, here is your opportunity to build equity with your management and labor.  Investors interested in CRP return, wildlife and cover for game birds take a look at this property!!  I will look forward to showing you this property!!

AUCTION DATE:  Thursday, February 28, 2012 at 7:00pm

AUCTION LOCATION:  3021 W. Hwy 50 (Flint Hills Room, Best Western Hospitality House), Emporia, KS  66801

REAL ESTATE

PROPERTY LOCATION:  From Americus, Ks, 6.5 miles north on F Rd to Rd 310, then west 1 mile to NE corner of said property.  Property is on the south side of Rd 310.  Watch for signage.

LEGAL DESCRIPTION:  The NE/4 of Sec. 3, Twp. 17, S. Rge 10 E of the 6th PM, Lyon Co., Ks..

TAXES:  $509.88

MINERALS RIGHTS:  Seller’s mineral rights transfer to the buyer. There is no leases or production on the property.

FSA INFORMATION:  60.1 acres of cropland, either in CRP, brome, or planed back to native grass.

                                Base Acreage     Direct Yield         CC Yield

Grain Sorghum                  0.5                          48                           52

Soybeans                            31.5                        13                           16

Total Base                           32

CRP CONTRACT:  11.5 acres with contract ending in 9/30/16.  Annual Payment is $582.00.

IMPROVEMENTS:  Old style antiquated farm home (not livable), other outbuildings for livestock or equipment storage.  Buyers inspect buildings at your own risk.  Now warranties on any of the buildings.  This property has the advantage of rural water.  Property will be sold along with the real estate acreage and is sold in as is condition.

ACREAGE:  Approximately 20.74 acres are in brome and has been used as pasture.  The balance is in native bluestem grasses and has been used as CRP or grazing land.  The pasture is watered by a pond.  The fences are below average.  Some electric fence has been utilized for a portion of the pasture.  Ag land available for immediate use would be 148.79 acres.  There is a good stand of native grass on the CRP ground, the balance of the east cropland and the pasture in the center of the quarter.

TERMS:  $16,000.00 earnest money deposit evening of auction.  Check payable to Moon Abstract.  Closing on or before March 28, 2013 at which time trustee’s deed will be given.  Taxes for 2013 will be the responsibility of the buyer.  There are no leases on the property.  Buyer will have full possession as of closing.  All financing arrangements must be made prior to the auction.  The buyer must rely on their own judgment and inspections of the property.  All statements made evening of the auction take precedence over advertisements.  All information has been gathered from Lyon Co. sources and is deemed reliable, but not guaranteed.
 

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