Griffin Real Estate & Auction Service
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08/02/2013 - Martin Estate Info

AUCTION ~ 320 Acres ~ Lyon Co ~ Grass & Home

Friday, August 2, 2013 at 7:00pm

 

Sellers:  Henry R. Martin Estate, Shirley Weaver, Administrator

Griffin Real Estate & Auction

305 Broadway

Cottonwood Falls, KS  66845

620-273-6421

www.GriffinRealEstateAuction.com

AUCTION DATE:  Friday, August 2, 2013 at 7:00PM

 

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

 

AUCTIONEERS NOTE: This is a beautiful half section. The seller’s say the spring water has never been dry since they have been in the area from the 1960’s. Make the home your own or a rental, but either way this homesite has the Flint Hills charm.

The Seller’s are giving you, the buyer, a positive start by passing the income your way. You won’t have to wait long for the property to start working for you. What a winter paradise for livestock with running water through the middle and on the northeast and just enough protection from the elements.

If you enjoy wildlife recreation, then this is even better. Income and deer, turkey, and game birds. What a complete package we’ll look forward to showing you the property.

 

PROPERTY LOCATION: 3762 Rd. L, Allen, Kansas 66833-9355.  From Allen, KS:  North 2 ½ miles on Rd. L to SW corner of property.

LEGAL DESCRIPTION: West half (W 1/2) of Section Thirty-five (35) Township fifteen (15) S. Range Eleven (11) East of the sixth P.M. Lyon Co., Kansas. 320.87 taxable acres.

TAXES: $1,536.60

MINERALS: Sell with the real estate, no leases or production on the property.

IMPROVEMENTS: 1 1/2 story wood-frame home with 1,204 sq. ft. Home was built in 1900. Rooms consist of 2-3 bedrooms, kitchen, utility room, dining-family, living room, and 1 bath. Home has central air and heat and a brick wood burning fireplace. Private well and septic. Roof on the home is composition with steel siding. Floors are hardwood and carpet. The back entrance has a deck.

Other buildings include a metal slant side with cement floor and approximately 1,800 sq. ft., open front pole shed, wash house, poultry house and well house, along with numerous other older outbuildings. The home sits nestled in the valley along a spring fed stream with a beautiful yard, fruit trees and large shade trees.

The balance of the acres consist of 57.51 acres dryland (seeded to brome). There is 29.37 acres of tame grass and 233.52 acres of native grass, timber and creek. Of the native grass acres, 37.2 acres is in a CRP contract for 10 years. The contract started October 1, 2012 and ends September 30, 2022. The annual payment is $1,718.00 per year.

The outer fences are average 4 & 5 wire with mostly steel posts and some hedge. The pasture is watered by a spring fed creek and a nice pond on the north side. The property is currently leased and is being grazed as one tract, other than the CRP ground.

FSA INFORMATION: Total land classified as cropland is 69.2 acres. This is all in grass and includes the CRP acreage.

Bases: Oats                   6.1     Grain Sorghum 21.7

Total Base Acreage.    27.8

The DCP program payment this year if signed up by Aug. 2nd is $322.00

 

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

 

TERMS: $50,000 down as earnest money deposit day of auction and signing of contract. The balance due at time of closing on or before August 29, 2013, at which time buyer will receive Kansas Administrator’s Deed. Cost of the title insurance will be split equally between buyer and seller. Pasture is leased through October 15, 2013. The pasture rent of $7,000.00 will be payable to the Buyer. Buyer will accept and sign 2013 pasture lease at closing. The Buyer shall also receive the CRP annual payment of $1718.00. The CRP contract shall pass to the buyer, should the buyer cancel the CRP contract, the buyer will be responsible for any and all penalties. The FSA payments, if any, shall also go to the Buyer. Buyer shall be responsible for the 2013 taxes. The property is sold in as is condition. Property is not sold subject to financing. The Buyer shall be responsible for making all inspections ahead of the auction. All information has been gathered from Lyon County sources and is deemed reliable but not guaranteed. All financing arrangements must be made prior to the auction. All statements 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

 

Your Satisfaction is Our Top Priority!

 

 

 

 

 

 

 

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