Tract 1: 154 ± Acres - Surface Rights Only

Legal Description: The NE ¼ minus a tract of 26-29-9W in Kingman Co., KS (full legal description to be described by Security 1st Title). Surface Rights Only.

Location: From Zenda, KS travel 4 miles north on SW 90 Ave, travel ½ mile east on SW 100 St.

Description: Situated on 153.7 acres, this property includes 110.49 acres of terraced cultivation with approximately 40 acres as fenced pasture with a nice pond. There is one producing gas well with mineral rights selling separately. Gravel road frontage and electricity are available.

Soil Types: 87% Class 2 Shellabarger sandy loam, Nalim loam, and Kaski loam; 3% Class 3 Abion sandy loam; 10% Class 6 Albion sandy loam.

Possession: Possession of the cultivation will be after 2024 wheat harvest. Possession of the pasture will be upon closing. Current cash rent agreement is $50/per cultivated acre.

Taxes: 2023 - $956.96 Taxes will be prorated to the date of closing.

TERMS
Earnest money required and shall be paid the day of the auction. Tract 1: $10,000; Tract 1A: $2,000, Tract 2: $10,000, Tract 2A: $2,000 with the balance due on or before April 26, 2024. The property is selling in “as is” condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer's responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of title insurance and the closing fee. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Statements made the day of the auction take precedence over all printed advertising and previously made oral statements. Gene Francis & Associates and Gavel Roads are agents of the Seller.

March 27th, 2024 Kingman Co., KS 314± Acres ABSOLUTE Multi-parcel Land Auction