06/13/2013 - Brasche Info

AUCTION ~ 237.57 Acres ~ Chase Co ~ Native Grass

Thursday, June 13, 2013 at 7:00pm

Sellers:  Brasche Family Revocable Trust

Griffin Real Estate & Auction

305 Broadway

Cottonwood Falls, KS  66845

620-273-6421

www.GriffinRealEstateAuction.com

AUCTION DATE:  Thursday, June 13, 2013 at 7:00PM

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

PROPERTY LOCATION: From Strong City, approximately 10 miles east on Hwy 50 to XX Rd. (County Line Rd.) OR From Emporia, approximately 6 miles west on Hwy 50 to XX Rd., then south 2.5 miles on XX Rd. to NE corner of said property (at the T-intersection of Rd. A and 147.)

LEGAL DESCRIPTION: The S/2 of the NE/4 and the SE/4 of Sec 25, Twp 19, S. Rge 9 E of the 6th PM and Beginning at the SW corner of the N/2 of the NE/4 of Sec 25, Twp 19, S. Rge 9 E of the 6th PM, Chase County, Kansas, thence E 41 rods, thence NW to the half section line to a point 31 rods north to the point of beginning; thence south to point of beginning.

TAXES: $203.30

MINERALS: Sellers mineral rights pass to the buyer. There are no mineral leases or production on the property.

PROPERTY DESCRIPTION: Here is a clean native grass pasture with a large watershed and 2 wells for its water source. Fences are 4 & 5 wire steel. Good access with XX/A Rd on the east and 200th Rd on the south. Electric utilities are along the property and there are 2 electric meters on the property. Total ag acres are 237.57 (231.66 Acres of Native Grass, 5.91 Acres of Tame Grass). Approx. 113 acres of cropland has been reseeded back to native Bluestem and mixed grasses and has been grazing land. This is a very good native grass stand! Other improvements include a loafing shed, two 500 bu. grain bins, barn, enclosed small tin building, cellar, and a small lagoon. The dam is fenced and the watershed has a large drain pipe.

FSA INFORMATION: Unavailable at time of printing.

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

TERMS: Earnest money deposit of $30,000.00 due upon signing of contract evening of the auction. Check made payable to Lyon Co. Title. Closing on or before July 16, 2013, at which time Kansas Warranty Deed will be given. Title insurance shall be split between the buyer and the seller for the owner’s policy. The property is leased for 2013. The grass lease is for cow/calf pairs for $4100.00 due on or before November 1, 2013. Buyer will receive the 2013 income and pays 2013 taxes. Buyer will sign a grass lease with the current lessee for the 2013 year prior to the closing of the transaction. All information has been gathered from Chase County sources and is deemed reliable but not guaranteed. All statements made evening of the auction take precedence over advertisements all financing arrangements must be made prior to the auction.

AUCTIONEERS NOTE: Here is a nice opportunity for native grass and water. This property is conveniently located approx 9 miles from Emporia, approx 13 miles from Strong City and is just 2.5 miles from a paved road. Along with good access and utilities, this makes for an attractive building site. The time is right! The opportunity is yours! We look forward to seeing you at the auction!

 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

Your Satisfaction is Our Top Priority!