412.66 acres of Marion Co. Land (2 tracts)
THURSDAY SEPTEMBER 24, 2020 – 10:00 AM
Sale held at the Marion County Lake Hall – Marion, KS
Tract 1 – 320 acres
SOLD $4,225/Acre or $1,352,000.00
Legal description: South half (S/2) of Section 7, Township 20 South, Range 4 East, Marion County KS
Land Location: From Marion, 1 Mile South on Sunflower Rd.
Land Description: 237 acres of River bottom cultivated cropland. (80 acres in corn, 80 acres full season soybeans, 77 acres double crop soybeans) approximately 55 acres is native grass land, and the balance of 28 acres is Spring Branch creek, woodlands and trees.
This farm contains some of the BEST and most productive cropland Marion County has to offer. Lying in the Cottonwood River valley and along Spring Branch creek the farmland acreage contains rich bottomland soils. Up the hill in the SW part of the farm is a native grass pasture/hay meadow that provides an excellent building site overlooking the river valleys towards Marion. Deer and other wildlife flourish along Spring Branch Creek and in its woodlands and trees. A 5 acre sheltered field is an excellent food plot to hunt in a secluded location yet very accessible and near town. The land has blacktop road (Sunflower) along the East and county gravel roads along the South and West sides. This farm not only has it all, It has the BEST!!
IT IS POSSIBLE WE OFFER THIS FARM IN 2 TRACTS, OFFERING THE SOUTHWEST NATIVE GRASS PASTURE/BUILDING SITE AND CREEK (APPROXIMATELY 70 ACRES) SEPARATE FROM THE CROPLAND ACREAGE. PLEASE INDICATE TO US YOUR INTEREST SO WE CAN OFFER THIS PROPERTY TO YOU IN THE MANNER IN WHICH YOU WISH TO BUY IT!!
Tract 2 — 92.66 acres
SOLD $3,700/Acre or $342,842.00
Legal Description: Part of the SW/4 Section 18, Township 19, Range 3 East, Marion County KS
Location: From Hillsboro, 2 miles East on Hwy 56, then 2 miles North on Kanza, then 1 west on 220th and a half north on Limestone.
Land Description: All cultivated cropland (50.4 acres is corn, 40.2 acres double crop soybeans). An excellent open and clean tract of farmland having productive soils lying right beside the Marion Reservoir. This farm is a great investment property or addition to any farming program.
Possession: At closing subject to the present tenants rights to harvest growing crops. Present tenants MAY plant wheat in the corn acres where which the buyer will receive the 2021 rent on those acres.Seller will retain the 2020 rents.
TERMS: Earnest money deposit day of sale as follows: TRACT 1 $75,000 (OR $50,000 for tract 1a and $25,000 for 1b, if sold in 2 parcels), TRACT 2 $25,000. Earnest money is payable to Security First Title Company. The balance will be due in full at closing which shall be on or before October 10, 2020. Title insurance and closing fees will be divided equally between buyer and seller. Taxes for Tract 1 are $5,206.58. Taxes for tract 2 are $1,334. 2020 taxes will be paid by seller. 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 County 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: William J. Siebert Estate
tract 1 pictures
tract 2 pictures
Lyle Leppke is a Licensed Pilot. Call anytime to arrange your own private aerial tour of the land