Monday July 23 Real Estate Auction

REAL ESTATE AUCTION

 

 

MONDAY JULY 23, 2018

7:00 P.M.

Auction will be held at Downs Senior Center 514 S Morgan Downs, Ks.

 

 

 Legal Description:  SE ¼ 18-6-12 Osborne Co. Kansas

 

The farm is located on the Northwest corner of Highway 281 & 30 road, 1 mile North of Highways 281 & 24 North of Osborne.  There are 156.05 acres with 153.06 acres of crop land.  Bases are wheat 90.19 yield 43 bu: grain sorghum 31.61 yield 88 bu; for a total base of 121.80 acres. The program is ARC. 

Seller will pay 2017 and all prior years taxes. Seller will pay ½  2018 taxes. Purchaser will pay ½ 2018 taxes.  2017 taxes were $2,226.28.

        

Possession: Possession of wheat ground will be day of sale. Possession of ground planted to milo will be after 2018 milo harvest.  Purchaser will receive cash rent of $45.00 per acre on the milo ground.

 

Terms:  10% of purchase price as down payment day of auction, the balance will be due upon closing on or before August 30, 2018.  Down payment will be escrowed with Gregory Law Office.  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.

 

 

GEORGE E. MAIER TRUST NO 1

 

Auction Conducted By

Thummel Real Estate & Auction LLC

785-738-0067