LAND AUCTION
Selling 840 Acres ± of Osborne County,
Kansas Land
And Residential Property 320 W. Main
in Osborne, Ks.
Mineral Rights Convey With The Land!
Tuesday, January 10th ,
2012 - 10:00 A.M.
Auction Location:"Bull City Café" on
Main Street in Alton, Ks.
Land Sells in 5 Individual Tracts – No
Combinations
Legal Descriptions;
Tract 1: NE/4
of 19-6-15 - Sold - $360,000.00 ($2,250.00 per acre)
Tract 2: SW/4 and the W/2SE/4 of 15-6-15
- Sold - $342,000.00 ($1,425.00 per acre)
Tract 3: SW/4 of 29-6-15 -
Sold - $142,000.00 ($887.00 per acre)
Tract 4: W/2SE/4 of
31-6-15 - Sold - $117,000.00 ($1,462.50 per acre)
Tract 5: W/2SE/4 and the E/2SE/4 of 34-6- 15 and the
NE/4NE/4 of 3-7-15 - Sold $133,000.00 ($665.00 per acre)
|
Tracts |
Legal Description |
Acres |
Cropland
Acres |
Grass & Waste Acres |
Wheat Base/Yield |
Grain Sorghum Base/Yield |
Corn Base/Yield |
2011 Taxes |
|
1 |
NE/4 19-6-15 |
160 +/- |
144.8 |
Balance |
69.3/33 |
26.3/49 |
8.2/48 |
$845.02 |
|
2 |
SW/4 & W/2 SE/4 15-6-15 |
240+/- |
164.3 |
Balance |
78.3/33 |
29.7/49 |
9.2/48 |
$1,272.72 |
|
3 |
SW/4 29-6-15 |
160 +/- |
96.3 |
Balance |
45.6/33 |
17.3/49 |
5.4/48 |
$575.96 |
|
4 |
W/2SE/4 31-6-16 |
80 +/- |
73.9 |
Balance |
37.6/33 |
14.3/49 |
4.5/48 |
$428.56 |
|
5 |
W2SE4 E2SW4 34-6-15 NWNE 3-7-15 |
200 +/- |
20.7 |
Balance |
10.6/33 |
4.0/49 |
1.3.48 |
$249.13 |
Terms:
10% down day of sale with the balance
to be paid at closing.
Possession:
Buyer shall be given possession
March 1, 2012 on pasture and all unplanted & idle acres. Possession of all acres
planted to wheat will be immediate following the 2012 wheat harvest.
Crop Shares:
Buyer shall be entitled to the
landlords share, an undivided 1/3rd interest of the 2012 wheat crop.
Minerals:
Seller shall convey all mineral right to the Buyer. Minerals are believed to be
in tact
Title
Insurance: Title insurance
shall be used to prove clear & merchantable title with the Buyer & Seller
sharing equally the owner’s policy expense. The mortgage policy, if required,
will be the expense of the buyer. Buy and Seller shall also split closing costs
assessed by title company.
Taxes:
Seller shall pay all 2011 and prior
years taxes. All subsequent years taxes will be the responsibility of the buyer.
Conditions:
All acreages are considered to
be approximate and are deemed to be from reliable county & FSA sources. Buyers
are encouraged to verify details and view properties prior to the auction.
Announcements made day of sale shall take precedence over printed material.
This auction sale is not contingent upon the purchaser's ability to finance the
purchase. Consult your loan agency prior to the auction.
HOUSE SELLS AT 5:30 P.M. AT 320 W. MAIN, OSBORNE, KS
Sold- $18,000.00
Open House – Tues. Jan. 3rd, 4:00 to 5:30 P.M.
General Description:
This 1 ˝ story home has approx. 1,100 sq
ft. of living space plus a full basement. It features a full width sun porch on
the front, central heat & air, vinyl siding w/alum. wrapped windows. There is a
single car detached garage w/vinyl siding meaning very little exterior
maintenance. There was also new roofs on house and garage in 2010. Seller shall
pay all the 2011 taxes and subsequent years taxes shall be the responsibility of
the Buyer. 2011 taxes were $566.02 Terms, Title Insurance & Possession : 10%
day of sale, balance at closing. Title Insurance expense split 50/50 and
possession will be immediate upon closing.
House will be subject to prior sale –
Contact auction company to verify
SELLER:
Virginia Delaney Nuzum, John Delaney POA
