Tract Info: 157.73 FSA acres with 154.00 DCP cropland featuring approximately 100 acres of Lady Smith 0-1% slope with remainder being Wymore Silty Clay Loam 1-3% soil type. Property is being sold subject to tenants rights. Lease terms are 60/40 with landlord paying 40% of inputs excluding seed cost. Tract currently has 61.38 acres in wheat.
Legal Description: S14, T01, R08E, 6th PM, South 1/2 of the Northwest 1/4 & South 1/2 of the Northeast 1/4, Less Right of Way. (South 1/2 of the North 1/2 section)
FSA Base Acres:
Wheat = 28.10 acres
Grain Sorghum = 69.00 acres
Soybeans = 34.00 acres
Soybeans & Wheat enrolled in ARC County
Grain Sorghum enrolled in PLC
2015 Real Estate Taxes = $1857.28
From Hwy 99 & Cherokee Rd go 7 miles west to 18th Rd then 1/2 mile north
From Oketo go 5 miles east to 17th Rd then 1/2 mile north
List Price: $1,120,000.00
Listing Agent’s Notes: FLAT, FLAT, FLAT,…without question this is one of the most premium tracts of land we’ve listed. With highly productive soil types, 96.5% DCP cropland, this is a farm that just doesn’t come available many times in lifetime. Don’t miss the opportunity to own one of the finest tracts of land in all of Marshall County. Contact me direct with any questions you may have on this property.
Jeff Dankenbring – 785-562-8386
****Terms & Possession: Seller to pay 2015 taxes. Title insurance, escrow and closing costs to be split equally between buyer and seller. Possession on closing. This property to be sold as-is. This is a cash sale and will not be subject to financing, have your financing arrangements made prior to closing. Midwest Land and Home is acting as a Transaction Broker. All information has come from reliable sources; however, potential buyers are encouraged to verify all information independently. Galloway Wiegers & Brinegar , attorneys for seller, will act as escrow and closing agent.