April 12 Real Estate Auction

REAL ESTATE AUCTION

 

WEDNESDAY, APRIL 12, 2017

7:00 P.M.

Auction will be held at the Wakefield Methodist Church Fellowship Hall 406 6th street in Wakefield, Kansas

 

 

Tract I:   Legal Description:  167 acres in SW ¼ & W ½ SE ¼ 31-9-4 Clay Co. Kansas

 

The farm is located ¼  mile West of Wakefield, Kansas on the corner of Kansas Hwy 82 and County Hwy 837.  There are 166.56 acres with 69.32 acres of crop land. 97.24 acres of grass. The pasture has 2 ponds. Bases are wheat 22.26, yield 33: grain sorghum 10.04, yield 77: soybeans 28.10, yield 35: for a total base of 60.40 acres. The Northeast corner of the pasture overlooks Milford Lake.  Conservation system being actively applied.  

Seller will pay 2016 and all prior years taxes. Purchaser will pay 2017 taxes.  2016 taxes were $1,138.28

Possession: Possession of pasture and open ground will be upon closing.  Possession of approximately 34 acres planted to wheat will be after 2017 wheat harvest.  Purchaser will receive cash rent of $75.00 per acre on the 34 acres of wheat.

 

Terms:  10% of purchase price as down payment day of auction, the balance will be due upon closing on or before May 12, 2017.  Down payment will be escrowed with Clay Co. Abstract . Escrow fees will be split 50/50 between seller & purchaser. Title insurance will be used, the cost will be split 50/50 between seller & purchaser.  

 

Thummel Real Estate & Auction LLC is acting as seller agent.  All statements made day of auction take precedence over printed material. The farm will sold total dollars.

 

SPARLING FARMS LLC

 

Auction Conducted By

Thummel Real Estate & Auction LLC

785-738-0067