Leppke Inc.

LAND AUCTION –384 Acres in Morris and Dickinson Co.

LAND AUCTION

384 acres of Morris and Dickinson county Land  Sells in 2 or 3  tracts

TUESDAY  OCTOBER 1,  2019 – 10:00 AM

Sale held at the Herington Community building – 810 South Broadway (South end of Herington by the fairgrounds)

Tract 1 – 320 acres

Legal description:  West half (W/2) of Section 21, Township 16 South, Range 5 East, Morris County KS

 

Land Location:  From Herington: (4 corners) 2 miles East on Hwy 58, then 1 mile South on 3000 road.

 

Land Description:  131 acres cultivated cropland, 2.83 acres waterway and the balance is grassland.  All of the cropland and waterway is in the SW/4 where the land lays and farms well having productive upland soils. The entire NW/4 is native grassland with approximately 26 acres being native grass hay meadow and the balance is pasture being grazed with livestock. The pasture is watered by a pond.  The old farmstead site at the half mile line has a good water well, electrical service, and a few old farm buildings.

Crops/Possession:  Current growing crops are; 32 acres soybeans, 47 acres milo, 47 acres corn. Seller will retain the 2019 growing crops and possession will be given to the buyer immediately following harvest. Possession of the grassland will be given at closing.

IT IS POSSIBLE WE OFFER THIS FARM IN 2 TRACTS, OFFERING THE SOUTHWEST QUARTER SEPARATE FROM THE NORTHWEST QUARTER.  PLEASE INDICATE TO US YOUR INTEREST SO WE CAN OFFER THIS PROPERTY TO YOU IN THE MANNER IN WHICH YOU WISH TO BUY IT!!

 

Note:  This farm offers diversity and productivity to your farming program which is important in todays markets!!  The electrical service and water well on the old yard offer the opportunity for year round grazing on the farm utilizing resources from native grasses and planted crops or crop residues. We offer you the opportunity to buy one of the quarters or both to suit your program and expansion best. 

Tract 2  —  64 acres

Legal Description : N/2 NE/4 Section 24, Township 16, Range 4 East, lying East of Hwy 77, Dickinson Co. KS

 

Location: From Herington: (4 corners) 1 mile South on Hwy 77

 

Land Description:  51 acres cultivated cropland all currently planted to soybeans. The balance is grassland and Lime Creek with running stream and woods.

 

Crops/Possession:  Seller will retain the 2019 Soybean crop and possession will be given to the Buyer immediately following harvest.

 

NOTE:  This is a very nice tract of productive cropland near Herington along Hwy 77. In addition to the benefit of the productive land this tract offers excellent hunting and recreational enjoyment along a running stream with woodlands that is just a skip from town.

 

TERMS:  Earnest money deposit day of sale as follows: TRACT 1  $50,000 (OR $25,000 each if sold in 2 parcels),  TRACT 2 $15,000. Earnest money is payable to Morris county Title Company. The balance will be due in full at closing which shall be on or before October 24, 2019. Title insurance and closing fees will be divided equally between buyer and seller. Taxes for Tract 1 are $1,865.98 (SW/4) and $471.08 (NW/4).  Taxes for  tract 2 are $989.38. 2019 taxes will be prorated to closing date. 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 Morris Co. and Dickinson 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:  GENE L. and  R. ALFRIEDA HERPICH