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08/09/2013 - Nelson Information

McPherson Co – 275.6 Acres in 2 tracts – Ag Land

Friday, August 9, 2013 at 7:00pm

 

Sellers:  Armin Nelson & Cousins

Griffin Real Estate & Auction

305 Broadway

Cottonwood Falls, KS  66845

620-273-6421

www.GriffinRealEstateAuction.com

AUCTION DATE:  Friday, August 9, 2013 at 7:00PM

AUCTION LOCATION:  Best Western Holiday Manor (Sunset Room in the North West Complex), 2211 E. Kansas Ave., McPherson, KS  67460

AUCTIONEER’S NOTE: This property has been held in the Ferris family, and their descendants, for approximately 125 years. This opportunity has not been available until now! Buy one or both! Crop production prices have never been better; high grain prices, low interest. Productive crop land is in your area. This could be your opportunity. We’ll see you at the auction!

TRACT 1: North Half of the South East Quarter (N1/2 SE 1/4) of Section Eleven (11), Township Twenty (20) South, Range Five (5) West of the Sixth Principal Meridian, McPherson Co., Kansas, containing 80 acres more or less.

2012 TAXES: $613.10

TRACT 2: Northeast Quarter (NE 1/4) and Northeast Quarter of the Northwest quarter (NE 1/4 NW 1/4) of Section Fifteen (15), Township Twenty (20) South, Range Five (5) West of the Sixth Principal Meridian, McPherson County, Kansas. Containing 195.6 acres more or less.

2012 TAXES: $1,160.58

PROPERTY LOCATION: West on Hwy 56 from McPherson Kansas approximately 9.3 miles to paved road 4th, then south approximately 4 miles on Rd. 4th to the NE corner of Tract 2. Tract 1 is 1 mile east on Eisenhower Rd. to 5th Ave. (From Tract 2), then north 1/4 mile to SE corner of Tract 1.

TRACT 1: Address 00000 5th Ave. McPherson, KS 67460

MINERALS: Sellers interest passes to Buyer. There is a 1/4 undivided interest in 40 acres not owned by the Sellers. There are no current oil leases or production on the property.

The 2013 crop is wheat. The 80 acres lays nice for today’s modern equipment, very level with no terraces or water ways to farm around. Great access with 5th Avenue on the east side of the tract. This is a great tillable acreage with 80.09 acres of tillable cropland and no waste!

TRACT 2: Address 00000 Eisenhower Rd., Windom, KS 67491

MINERALS: Seller’s minerals pass to the Buyer. There are no current oil leases or production on the property.

DESCRIPTION: Tillable cropland acres are 145.92 of which approximately 61 acres are wheat for 2013. Terraces and waterways have been built where needed. Approximately 84.92 acres are in milo. Native grass acres consist of 47.68 acres and tame grass of 2.05 acres. Of these acres, includes an old home site where improvements once were. There is a well at the old home site. The pasture is fenced with 4 & 5 wire barbwire and steel posts. The pasture is watered by a pond and springy draw. The pasture has some hedge trees and it is leased until Oct. 15th of 2013. Great access with Eisenhower Rd. on the north and Rd. 4th on the east. This could also be a nice home site with rural water and utilities on the north side. Paved 4th Rd. would give one excellent access to build or for transporting crops from the property.

SOILS: (for both tracts) are:

CS- Crete silt loam 1-3% slopes

CR- Crete silt loam 0-1% slopes

FSA INFORMATION: (for both tracts combined): Crop- Wheat

Base Acres- 222.7

Payment Acres-189.3

Direct Yield- 33

CC Yield - 39

Direct Annual Payment $3,248.00

TERMS: Buyer receives wheat ground after wheat harvest at closing or early possession can be discussed to qualified buyer. Buyer will receive 1/3 of the fall milo crop and possession of the milo ground after 2013 fall harvest. The buyer shall receive the 2013 pasture rent from tract 2 of $480.00. Full possession of the pasture shall be on Oct. 16, 2013.

Earnest Money:           Tract 1- $30,000.00

                                        Tract 2- $70,000.00

Certified Check payable to McPherson County Abstract & Title Co. upon signing of the contract day of auction. Balance on or before Thursday, Sept. 5, 2013.

 

Tract 1 will have no Ag lease at closing. Buyer will accept remaining 2013 Ag lease as stated on Tract 2. Title insurance shall be split 50/50 between Buyer and Seller: Tracts will be sold in the order listed. Tracts 1 & 2 will not be offered together. Tracts 1 & 2 will be sold as individual parcels. All inspections to be made prior to the auction. Property is sold as is. All information has been gathered from McPherson 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

 

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

 

 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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