Land

  September 14, 2017
  7:00 pm
Auction Location: 4400-4498 S 383rd St W, Cheney, KS 67025

Sedgwick County Land Auction – 9/14/17

160 acres +/-

Tract 1: W 1/2 NE 1/4 of 17-28-4W Sedgwick Co., KS.

Tract 2: W 1/2 SE 1/4 of 17-28-4W Sedgwick Co., KS.

Location

Tract 1: Located southeast of the corner of MacArthur Rd & S. Main, Cheney, KS.

Tract 2: Located 1/2 mile south of MacArthur Rd & 383rd.

Description

Tract 1: 80 acres with 76.71 acres cropland. FSA information: 71.97 acres of wheat base with a 32 bu. Yield, soybean base 5.1 acres with a 36 bu. Yield, corn base of 3.64 acres with a 120 bu. Yield, and oat base of 1.25 acres
with a 36 bu. Yield. All Class 2 soils. Great location with MacArthur Rd blacktop frontage and adjacent to Cheney.

Tract 2: 80 acres with 29.44 acres cropland, balance grass and river. FSA information: 27.89 acres wheat base with a 32 bu. Yield, 1.96 acres soybean base with a 36 bu. Yield, 1.49 acres corn base with a 120 bu. Yield, and oat base of 0.49 acres with a 36 bu. Yield. Approximately 1/8 of a mile of the Ninnescah River runs through the property. Located just Ā½ mile from Cheney. Great opportunity to own a property with Ninnescah River frontage. Electrical service is adjacent to the property.

Mineral Rights

Tract 1 & Tract 2: Mineral rights will pass to the Buyer.

Water Rights

Taxes

Tract 1: $748.60 Taxes will be prorated to the day of closing. Tract 2: $281.77 Taxes will be prorated to the day of closing.

Possession

Buyer will receive possession upon closing subject to an agricultural lease on the cultivation with the tenant. Possession of the grass will be October 15, 2017. The Buyer shall receive 1/3 of 2018 wheat crop and shall be responsible for 1/3 of the fertilizer, chemical, and crop insurance.

Terms

10% down as earnest money deposit due day of auction with balance due on or before October 16, 2017. The Buyer and Seller shall split equally the title insurance and closing costs. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. The property is to be sold as is. Statements made day of auction take precedence over all printed advertising and previously made oral statements. Gene Francis & Associates is an agent of the Seller.

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Questions, please call:

Gene Francis:  316-641-3120