05/17/2013 - Ward Info

AUCTION ~ 800 Acres ~ Flint Hills Native Grass

Friday, May 17, 2013 at 2:00pm

Sellers:  Jean D. Ward Revocable Trust

Griffin Real Estate & Auction
305 Broadway
Cottonwood Falls, KS  66845
620-273-6421

www.GriffinRealEstateAuction.com

AUCTION DATE:  Friday, May 17, 2013 at 2:00PM

AUCTION LOCATION:  Community Building (Swope Park), Cottonwood Falls, KS  66845

PROPERTY LOCATION: From the intersection of Rd B and Hwy 50 north of Cedar Point, Ks, take Hwy 50 west 1 mile to Clover Rd (Chase & Marion Co. line), travel north 1mile to the southeast corner of said property. From Florence, Ks approximately 5 miles east on Hwy 50 to Clover Rd. Property is on the west side of county graveled road.

LEGAL DESCRIPTION: The SE/4 of Sec 23 and all of Sec 26 all in Twp.20 South, Rge 5 East of the 6th PM Marion Co, Kansas.

TAXES: $1,375.46

MINERALS: 1/2 of the sellers minerals are reserved for a period of 20 years, or as long as producing. There are no mineral leases or production at this time.

IMPROVEMENTS: There are steel panel/wood post corrals on the property.

PROPERTY DESCRIPTION: Like the Flint Hills? Then you will certainly like this property. Beautiful Native Bluestem on the northern plateau extends southerly over the rolling hills toward the Cottonwood River Valley. What a view of the Valley and the Flint Hills.

The fences are above to average barb wire & steel posts. The water looks great especially in this drought year. A large deep gravel pond is on the south supplied by a spring to the north of the pond. Another wet weather spring is on the west side. A windmill is on the north but appears to have not been used for quite some time.

The Rolling Flint Hills on the west side cascade to the valley below where Bruno Creek meanders along the bottom of the hills. As I was viewing the property the deer loped ahead of me along Bruno Creek, where even the rocks seemed to be watching from beneath the crystal clear water. This is livestock grazing at its best with just the right wildlife habitat for great deer hunting and livestock protection.

INSPECTION: Anytime by appointment with Griffin Real Estate & Auction Service.

TERMS: Earnest money deposit afternoon of the auction is $100,000.00 Balance on or before June 27, 2013 at which time Trustee's deed will be given. Title insurance shall be split between the buyer and the seller for the owner's policy. Hannaford Abstract and Title, will be escrow and closing agency for this property. Real Estate taxes for 2013 will be the responsibility of the buyer. Property is sold with an ag lease in place. The Buyer will receive lease money of $18,000.00 at termination of the lease on or before November 1, 2013. Property is sold with mineral reservation as noted above.

All information has been gathered from Marion Co. sources and is considered reliable but not guaranteed. All financing arrangements must be made prior to the auction. The buyer must rely on their own judgments and inspections of the property. All statements made day of auction take precedence over advertisements.

 GRIFFIN REAL ESTATE & AUCTION
305 Broadway
Cottonwood Falls, KS  66845
Phone:  620-273-6421
Fax:  620-273-6425
Toll Free:  1-866-273-6421

www.GriffinRealEstateAuction.com

AUCTIONEERS

Rick Griffin
Cell:  620-343-0473

Chuck Maggard
Cell:  620-794-8824

IN THE OFFICE

Nancy Griffin
Heidi Maggard

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