800 ACRES
±
PHILLIPS COUNTY LAND AUCTION
For Joe Lohrmeyer
River Bottom With Excellent Cultivation and Pasture
Approx. 1 1/2 Mi. of the North Solomon River Flows
Thru This Property Offering Great Hunting Opportunities!
Saturday, Dec. 11th , 2010, 1:00 P.M.
Auction Location: At The Farmstead 1 ¼ Mi. East of
Logan, Ks.
1162 Hwy 9, Logan, Ks.
(In The Event of Foul Weather the Auction Will Be
Conducted in the Logan City Building)
Be Sure to Check Our Website for More Info. &
Pictures
www.hamitauction.com
Come Early for Refreshments & to Register for Bid
Number
Tract 1:
An Approximate 15± Acre Tract of Land Located in the Northeast Corner of the
Northwest Quarter (NW/4) of Section Thirty Five (35), Township Four (4) South,
Range Twenty (20) West of the 6th P.M., Phillips County, Kansas
Sold - $152,000.00
Tract 2:
The North Half (N/2), the Southeast Quarter (SE/4) and the South Half of the
Southwest Quarter (S/2SW/4) of Section Thirty Five (35) in Township Four (4)
South and the North Half of the Northwest Quarter (N/2NW/4) and the Northeast
Quarter of Section Two (2), Township Five (5) South, all in Range Twenty (20),
Phillips County, Kansas being 785 acres more or less.
Sold - $785,000.00
Tract 3: Tracts 1 & 2 Will Offered
Individually and Then Together as a Unit and Will Sell to the Highest Aggregate
Bid.
FSA Information: Total of 399.9
Acres of Cropland With Balance Being Farmstead & Pasture. Total Crop Base of
342.1 Acres – Crop Bases Are as Follows;
Wheat /Yield Oats/Yield Corn /Yield
Sorghum /Yield Barley/Yield
220a 36 bu. 12.2a 41 bu. 53.6a 46
bu. 42.2 49 bu. 14.1 42 bu.
General Information:
Tract 1:
This highway frontage property has an modern farmstead with a Wardcraft home
that was constructed in 1981 and has recently been resided. This home has 3
baths, 4 bedrooms and a full, walk-out basement. There is also a 50ft. X 100ft
machine shed w/full concrete floor and electricity in addition to the 16 X 22
grain bin w/hopper pit. This property has its own water well and septic system
and both are in good working order. The Logan Golf Course is Right Across the
Highway!
Tract 2:
This outstanding tract land offers excellent river bottom cropland and pasture
land with lots of superb fences. It features approx.1 ½ mi. of the North Solomon
river flowing thru providing and a tremendous water source for livestock and
incredible habitat for all species of wildlife whether its’ for deer and turkey
or for pheasants and quail.
MINERAL RESERVATION: Mineral will convey to
Buyer. All minerals are believed to be in tact
Crop Shares:
Buyer will receive the land owners undivided 1/3rd of
the 2011 wheat crop. Buyer will be required to reimburse the tenant fertilizer
expenses for that share of the crop. Amount shall be announced. Buyer will also
be offered the opportunity to buy-out the tenants share of balance of said wheat
crop if buyer so desires.
Possession: Tract 1.
Immediate upon closing. Tract 2. March 1, 2011 on
all pasture & open cropland acres, possession of all acres planted to wheat will
be immediate after the 2011 wheat harvest..
Taxes:
Seller Shall Pay All The 2010 Taxes and Buyer to Pay All Subsequent Years Taxes.
2009 Taxes Were: Tract 1-$2,721.08 Tract 2 - $998.52
Terms: 10%
down day of sale with the balance to be paid at closing.
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.
Seller: Joe Lohrmeyer - Phil Altman
POA
