Monday November 23 Real Estate Auction

REAL ESTATE AUCTION

 

MONDAY, NOVEMBER 23

7:00 P.M.

Auction will be held at The Café in Tipton, Kansas

 

LEGAL;  E ½ W ½ & W ½ E ½ 2-8-10 Mitchell Co. Kansas

 

The farm is located 4 miles North of Tipton, Kansas then 3 ¼ miles East on M road.  There are 310.88 acres.  90.14 crop acres, 220.74 acres of grass with 4 ponds and a well.   The bases are 56.55 acres wheat, 42 bu yield, 12.14 acres grain sorghum, 83 bu yield, 8.63 acres soybeans, 21 bu yield, 3.03 acres oats, 42 bu yield, 9.89 acres corn, 86 bu yield,  for a total base of 90.24.  The farm is in the ARC-CO program election. 

Seller will pay 2015 taxes.  2014 taxes were $1.004.78.

 

 

Possession: Possession  will be January 1, 2016.   

 

Terms:  10% of purchase price as down payment day of auction, 40% will be due on or before December 31, 2015, 50% will be due on or before January 10, 2016.  Down payment will be escrowed with Mitchell 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.

 

HOFFMAN FARMS LLC

 

Auction Conducted By

Thummel Real Estate & Auction LLC

785-738-0067