Absolute Land Auction 3 Tracts and Home 400 Acres Labette County KS
Selling at Absolute Public Auction May 8th at 10:30 AM located at the home farm at 1033 8,000 Rd Altamont KS. 400+/- Acres selling in 3 tracts
Tract 1. 160 +/- acres NW1/4 of S8 T34 R19 Labette County KS. 2020 Taxes $3,393.26
Homes and Barns all selling as is Buyers can call Agent and schedule showing anytime prior to Sale Day.
House and Barns possession will take place on the closing day. All fenced grass is under lease until march 1 2022.
80+/- acres tillable currently in wheat with the 1/3 of the crop to become the buyers at closing. Tenant has a verbal share crop agreement and can plant beans with 1/3 belonging to the buyer. It is the responsibility of the buyer to
negotiate the 2022 lease according to Kansas State Law. 65 acres pasture is currently leased and that grass lease will expire with possession of the grass on March 1 2022. (Jake Rohling)
Tract 2. 160 +/- acres SE1/4 of S8 T34 R19 Labette County KS except minerals. 2020 Taxes $1,605.98
100 +/- acres tillable currently in wheat with 1/3 of the crop to become the buyers at closing. Tenant has a verbal share crop agreement and can plant beans with 1/3 belonging to the buyer. It is the responsibility of the buyer to
negotiate the 2022 lease according to Kansas State Law. 20 acres of hay meadow stays with the Tenant for the 2021 haying season but 1/3 of hay will belong to the buyer this also expires with the verbal lease March 1 2022.
Tract 3. 80 +/- acres E1/2 NE1/4 S12 T34 R18 Labette County KS minerals intact 2020 Taxes $298.68
All in grass and leased until March 1 2022. buyer and seller will prorate the $2,250 lease payment to the day of closing. Buyer takes possession on March 1 2022. (Duane Brown)
Producing Gas Well on the 80 with following production (2018 4,842 mcf) (2019 4,621 mcf) (2020 4,507 mcf)
We will Auction these 3 tracts in order 1 thru 3 and we will not be be offering any combination of the tracts. If you want all 3 you must buy all 3 individually..
Contact Agent Cody Ross for any specific details or to view the house anytime prior to sale day. 417-529-4416
*TERMS: Earnest money is 10% down at the conclusion of the Auction with the balance due upon Sellers submission of merchantable title and closing. Closing date shall be on or before June 8, 2021. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways and rights of way. This property is not selling subject to financing or inspections. Interested buyers need to view the property prior to the date of the auction and have financing available and any inspections performed prior to bidding. All pertinent information is available upon request. All announcements made the day of the auction take precedence over any other announcements or printed material. The property is being sold and bought in as is where is condition. Brokerage company is acting as a sellers agent only.