156.27 Acres in Marshall County KS Land **Auction Saturday, Nov. 3**

Description

LAND AUCTION: Kenneth V. Schwarz Family Trust – Seller

Saturday, November 3, 2018 – 1:00 P.M. – Helvering Center Marysville, KS

156.27 Acres Marshall County KS Land Sold in 2 Tracts

BIDDING WILL BE IN WHOLE DOLLARS…not on a per acre basis.

Order of Sale:

  1. Tracts 1 & 2 will be auctioned separately with the high bid held on each tract.
  2. Held bids for Tracts 1 & 2 will be combined and $10,000.00 added as the starting bid for Tract 3 (Tracts 1 & 2 combined).
  3. If there is a bid placed for Tract 3 (combination of Tracts 1 &2) upon that bid reaching it’s highest amount…the public portion of the auction will conclude and a negotiation will take place between high bidders on Tracts 1 & 2 and high bidder on Tract 3 (Combination of Tracts 1 & 2).

Directions: From Home, KS take 16th Road North 5 miles to Frontier Rd, turn West and travel 3/4 mile on Frontier Road.  Property is located on the North.

Tract 1 Legal Description: S33, T01, R08, ACRES 78.23, W2 SW4 LESS R/W

2017 Tax Information: $1,489.82

FSA Details:
74.58 DCP Cropland Acres
69.49 Estimated Total Base Acres with 28.7 Soybeans Acres, 27.55 Corn Acres, & 13.24 Wheat Acres
Soybean & Corn enrolled in ARC County & Wheat enrolled in PLC

Tract 2 Legal Description: S33, T01, R08, ACRES 78.04, W2 NW4 LESS R/W

2017 Tax Information: $1,552.95

FSA Details:
74.4 DCP Cropland Acres
69.33 Estimated Total Base Acres with 28.63 Soybeans Acres, 27.49 Corn Acres, & 13.21 Wheat Acres
Soybean & Corn enrolled in ARC County & Wheat enrolled in PLC

Listing Broker’s Notes: Agricultural Producers & Investors…These Incredible properties are 95% + in cropland with Wymore Silty Clay Loam 1-3% Slope and Kennebec Silty Clay Loam 0-1% Slope soil types.  RARELY  do farms of this high quality come available at public auction so don’t miss this INCREDIBLE opportunity. Contact me with questions you have regarding this AWESOME Marshall County Kansas property.

Tract 3:

Tracts 1 & 2 will be combined and offered as a single tract.

Terms & Possession: 10% down day of the sale, balance due at closing on or before December 5, 2018. Sellers to pay 2018 taxes. Title insurance, escrow & closing costs to be split equally between buyer and seller. Buyer takes possession at closing. Sellers interest in mineral rights transfer with the sale.  Property to be sold as-is, where-is. All inspections should be made prior to the day of the sale. This is a cash sale and is not subject to financing, have your financing arrangements made prior to auction. Midwest Land and Home is acting as a Seller’s Agent and represents the seller’s interest. Marshall County Abstract & Title will act as escrow and closing agent.  All information has come from reliable sources; however, potential buyers are encouraged to verify all information independently. Statements made the day of sale take precedence over all other printed materials.

Jeff Dankenbring – 785-619-6405

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