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SCHLEUSENER LAND AUCTION
480 ACRES± ROOKS COUNTY, KANSAS LAND
CRP – Cultivation - Pasture –Hunting
All Minerals Rights Convey With the Land!
Tuesday, Jan 13, 2009 at 10:00
A.M.
AUCTION
LOCATION: AMERICAN LEGION HALL, STOCKTON, KS
(109 N. Elm – 2 blks. E and ½ blk N
of Stoplight)
TRACT
#1 Sold - $152,000.00
Legal Description:
The Northeast Quarter (NE/4) of Section Sixteen (16), Township Seven (7) South,
Township Eighteen (18) West of the 6th P.M., Rooks County, Kansas
being 153.2 acres more or less.
General Description: This tract of land
has approx. 139 acres of cropland with the balance being waterways, grass and
waste. Buyer of Tract 1 will be required to reimburse the tenant for burn
down expenses in the amount of $1,582.72 on 82 idle acres FSA Info; Wheat
Base-130.7 acres W/35 Bu. Yield, Grain Sorghum Base-8.3 acres W/43 Bu. Yield
Property Location: Property is located
2 ½ mi. west of Stockton, Ks. on Hwy 24 to 16 Rd then ½ mi. north which will be
the southeast corner on the west side of the road.
TRACT #2
Sold - $137,000.00
Legal Description: The East Half of the Southwest Quarter (E/2SW/4) and
the West Half of the Southeast Quarter (W/2SE/4) of Section Twenty-five (25),
Township Seven (7) South, Range Nineteen (19) West of the 6th P.M.,
Rooks County, Kansas being 161 acres more or less.
General Description: This tract of land has approx. 141.3 acres of
cropland with 112.1 acres of said cropland being enrolled in the CRP program
leaving 29.2 acres of actual cultivation. The balance is grass & waste. FSA
Info; Wheat Base-29.2 acres W/35 Bu. Yield
Property Location: Property is located 7 ½ mi. west of Stockton, Ks. on
Hwy 24 to 12 Rd then ½ mi. south to K Terrace and then ½ mi. east which will be
the northwest Corner on the south side of the road.
TRACT #3
Sold - $107,000.00
Legal Description: The Southeast Quarter (SE/4) of Section Twenty-nine
(29), Township Six (6) South, Range Nineteen (19) West of the 6th
P.M., Rooks County, Kansas being 154.6 acres more or less.
General Description: This tract of land has approx. 132.9 acres of
cropland with all cropland acres being enrolled in the CRP program. The balance
is trees and waste.
Property Location:
Property is located 10 mi. west of Stockton, Ks. on Hwy 24 to 9 Rd then 5 mi.
north to F road which will be the Southeast corner. Property is on the NW corner
of the intersection of 9 & F
INFO CONCERNING ALL TRACTS
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.
Possession: Immediate upon closing on CRP and native grass acres, March
1, 2009 on unplanted acres. Possession of all acres planted to wheat this fall
will be immediately following the 2009 wheat harvest.
Taxes, Minerals, Crop Shares & CRP. The 2008 and prior years taxes will
be paid in full by the sellers. All subsequent years taxes will be the
responsibility of the buyer. 2008 Taxes were; Tract 1 - $463.46, Tract
2-$321.16 and Tract 3-$435.62. Seller(s) shall convey to buyer all CRP payments
that may be payable in 2009. Seller agrees to convey 100% of Sellers mineral
interest to Buyer. All minerals are believed to be intact. Tracts 1 & 2 are
currently rented and the Buyer shall receive the landlords share of 2009 wheat
crop being an undivided 1/3rd interest. Buyer of Tract 1 will be
required to reimburse the tenant for burn down expenses on 82 idle acres in the
amount of $1,582.72
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.
Terms: Twenty per-cent (20%) down day of sale with the balance due at
closing
SELLER:
Alfred O. Schleusener Estate
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