REAL
ESTATE AUCTION
THURSDAY MAY 16, 2019
7:00 P.M.
Auction will be held at the Trinity United Methodist Church Basement 8th
& Lincoln in Concordia Ks.
Legal Description: NW ¼ 9-5-3 Cloud Co.
Kansas
The farm is located 1 ½ miles North of John Deere on
Highway 81 North of Concordia, Ks. (81 Highway & Wagon Road).
The farm is 148.6 acres with 109.9 cropland and 38.7 trees.
The bases are Wheat 25.12 acres 46 bu yield, Corn 27.48 acres 110 bu yield,
Grain Sorghum 42.39 acres 108 bu yield, Soybeans 14.91 acres 34 bu yield for a
total base of 109.9 acres. The farm is enrolled in ARC/PLC. Conservation system
is being applied. The farm is located on the West side of Highway 81 with a
gravel road along the North and West sides.
Seller will pay 2018 and all prior year’s taxes. Purchaser
will pay 2019 taxes. 2018 taxes were $2,080.00.
Possession: The
farm has a lease that runs out on August 1, 2020.
Purchaser will receive the cash rent on the farm for 2019 & 2020.
The rent is $125.00 per acre on 107 acres.
The rent is paid 1 st half on August 1 the 2nd half on Feb. 1.
Terms:
10% of purchase price as down payment day of auction, the balance will be
due upon closing on or before June 16, 2019.
Down payment will be escrowed with Scott Condray Attorney..
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.
TRINITY UNITED METHODIST CHURCH
Auction Conducted By
Thummel Real Estate & Auction LLC
785-738-0067