AT THIS POINT WE ANTICIPATE GOING AHEAD WITH THIS AUCTION AS PLANNED, HOWEVER WE WILL MOST LIKELY MEET OUT IN FRONT OF THE COMMUNITY BUILDING, NOT GO INSIDE AND REMAIN OUTSIDE ON THE SIDEWALKS WHERE EVERYONE CAN HAVE SOME SPACE
Thursday March 26, 2020 – 10:00 AM
Durham Community Building – Downtown Main Street in Durham KS
258.79 Acres Grassland
Legal Description: The Northwest Quarter (NW/4) and the North 100 acres of the Northeast quarter (NE/4) of Section 32, Township 18 South, Range 1 East (32-18-1) Marion County KS.
Land Location: From Durham, 6 miles West on 260th, then 3 miles South on Bison. (Junction Bison road and 260th)
Land Description: 258.79 acres of rolling native grassland with spring fed draw and excellent grasses. Approx. 59 acres in the NW/4 was once farmed and then years ago sown back to grass where the grass has established well. The balance of farm is all native grass where the desirable grasses are prevalent, show good care, and is clear of trees and brush. The majority of the NW /4 has only been hayed over the years which shows how easily this land is traversed as you can drive most anywhere on the entire farm with a car without hitting a rock or crossing a ditch. The highlight feature of this land is the abundance of water where the springs flow generously through a draw at the East boundary. Additionally there are several small ponds in various locations. Perimeter fences range from good fences along the North boundary to average fences along the East and South sides, and no fence along part of the West line.
Minerals: Mineral rights transfer with the land to the buyer. There is production of oil that is minimal.
Possession: Immediately at closing and upon full settlement.
Auctioneers Note: It doesn’t take long to build a good fence. It takes years to re-establish or build good grasses. And only nature provides the springs that flow abundantly year round in endless supply. This farm will require a little fencing, but the grasses are plentiful and the water is generous. This pasture is worthy of your attention!! See you at the auction!
TERMS: Earnest money deposit in the sum of $30,000.00 due day of sale payable to Security 1st Title. The balance will be due in full at closing which shall be on or before April 27, 2020. Title insurance and closing fees will be divided equally between buyer and seller. 2019 taxes were $890.60. 2020 taxes will be paid by the buyer. All financing arrangements and /or inspections must be made prior to the auction. The property is being sold in an “AS-IS” condition and is not subject to financing or appraisal. All information is gathered from Marion Co. sources and is deemed reliable but not guaranteed. Statements made day of sale take precedence over any advertisements, printed material or previous statements. Leppke inc.is the agent of the Seller.
Seller: Andrew C. David Testamentary Trust
Elma F. David Estate
For additional information or sale bill contact:
Lyle Leppke Broker/Auctioneer 620-382-5204
Roger Hiebert Sales/Auctioneer 620-382-2963