Road 140 , Cedar Point, KS 66843(Chase County)

IMPROVEMENTS: Address: 143 140th Rd., Cedar Point, KS: One story home with 2 (possibly 3) bedrooms and 1 bath, hardwood floors, partial basement. Home has floor furnace with propane heat, private well and septic. 1012 sq. ft. This vintage home nestled in the heart of the property could be updated for todays family or used as weekend retreat, or hunters delight! Sit on the porch and watch the deer cross the countryside, enjoy the surrounding Flint Hills. Other outbuildings include old style horse barn, pole shed, storage with lean-to, other misc. buildings. The opportunities are here for the ag buyer, home buyer, and wildlife enthusiast!

OPEN HOUSE: SUNDAY MARCH 25, 2012 - 2:00 - 4:00 P.M.

LAND DESCRIPTION: Dryland Crop 72.09 acres, Tame grass 27.01 acres, Brome, native grass, timber and Bruno Creek 58.15 acres

CROP SOILS: Reading-Reading Silt Loam 0-1%, Chase-Chase Silty Clay Loam, Kahola-Kahola silt loams.

The soils being tilled are in the Cottonwood and Bruno Creek Valley flood plain. The brome grass offers good hay production, and with the native grass, water & timber this is an excellent wintering ground for livestock. A large spring flows from north to south, then west to Bruno Creek.

If Ag is your business and/or wildlife is your hobby, look no further... this 157 acres offers some of the best ag income and wildlife habitat for deer, turkey and other game birds in the area.

TRACT 2 - 77 acres approximately

PROPERTY LOCATION: Joins Tract 1 on the northeast side.

LEGAL: N/2 of the NE/4 of Sec. 36, Twp 20S, Rge 5E, Chase County Kansas. Acres approximately 77.40 acres.

TAXES: $432.34. Sellers mineral rights transfer to the buyer. There is no production on the property.

GENERAL DESCRIPTION: Acreage breakdown; Dryland 52.25 acres, Native grass 1.46 acres, Tame grass 23.69 acres. Soils: Rd-Reading Silt Loam and So-Solomon Silty Clay

Deep soils in the Cottonwood River Valley have potential for good crop production and occasional flooding. The balance of the native and tame grass is a perfect candidate for the conservation wetland programs, providing income and also creating a wildlife habitat. In the NW corner is a native grass hill and at the base is one of the most unique springs youll have an opportunity to see. What a sight! Water flows through the corner of Tract 2 and into Tract 1. Dont miss this while viewing the property!

TRACT 3 - 53.14 acres approximately

PROPERTY LOCATION: Across County Rd. B to the East of Tract 2

LEGAL: W/2 of the NW/4 of Sec. 31, Twp 20S, Rge 6E, lying north of Hwy. 50 in Chase County Kansas. Acres approximately 53.14 acres.

TAXES: Approximately $205.00. (Taxed w/Tract 4) Sellers mineral rights transfer to the buyer. There is no production on the property.

GENERAL DESCRIPTION: Rd-Reading Silt Loam, So-Solomon Silty Clay, OS-Osage Silty Clay; Deep soils in the Cottonwood River Valley can flood, but have good crop production potential. The 53.14 acres had been in brome grass until recently. Approx 21.56 acres are currently tilled. Approx 31.58 acres are in brome grass. Easy access off county roads. This property lies nice and level.

TRACT 4 - 12.22 acres approximately

PROPERTY LOCATION: 1/2 mile north of Cedar Point on Rd. B and East, lying south of the RR tracks.

SHORTENED LEGAL: A tract in the W/2 of the NW/4 and a tract in the E/2 of the NW/4 lying south of the RR and west of the center of the Cottonwood River all in Sec. 31, Twp 20S, Rge 6E in Chase County Kansas. Acres approximately 13.46 acres.

TAXES: Approximately $53.06. (has been taxed w/Tract 3) Sellers mineral rights transfer to the buyer. There is no production on the property.

GENERAL DESCRIPTION: 10.62 acres of tillable balance of 1.6 acres in timber and river. Soils: OS-Osage Silty Clay, Ch-Chase Silty Clay Loam. Acreage is in the Cottonwood River Valley and can flood. Here again, there are deep soils with good crop potential, so if you are looking for part of the Cottonwood River, but dont want to spend a large sum to get it... look no further! Here is your opportunity to purchase a small, affordable tract that gets you on the river!

TRACT 5 - 78.58 acres approximately

PROPERTY LOCATION: 1/4 mile East of Tract 3, on the north side of Rd. 140

SHORTENED LEGAL: W/2 of SE/4 of Sec. 30, Twp 20S, Rge 6E in Chase County Kansas. Acres approximately 78.58 acres.

TAXES: $167.58. Sellers mineral rights transfer to the buyer. There is no production on the property.

GENERAL DESCRIPTION: Native grass consisting of big and little bluestem, Indian grass and other mixed grasses. There is easy access off Rd. 140. The pasture quickly climbs northward onto the high bluffs of the Flint Hills overlooking the Cottonwood River Valley. What a view!

Watered by 2 ponds and fenced by 4 & 5 wire barb wire, fences are average. A large electrical high line crosses the pasture and also a small line which would provide electricity for improvements. There are some hedge trees in the SW corner and in the draws but overall this is a very clean pasture. The time is now if you are in need of pasture...take a look at this tract!

TERMS: Earnest money deposits due evening of auction; Tract 1-$30,000; Tract 2-$10,000; Tract 3-$10,000; Tract 4-$5,000; Tract 5-$10,000. Closing on or before May 10, 2012 at which time buyers will receive Warranty Deed. Qualified buyers may receive early possession for ag usage prior to the closing. Cost of title insurance shall be shared equally by the buyer and the seller for the owners policy. Property is free of all leases except for a hunting lease on Tract 1 which terminates June 14, 2012. The sellers retain all income from said hunting lease. Properties will be sold in order listed on the sale bill. All tracts will be sold individually and will not be combined in any manner. Taxes for 2012 will be the responsibility of the buyer. All income will be that of the buyer for 2012. Improvements and land all sold in as is condition, no formal inspections have been or will be done on the improvements. Please call the real estate office for showings. Numbers listed below. All information has been gathered from Chase County sources and is deemed reliable but not guaranteed. All statements made evening of auction take precedence over advertisements. All financing arrangements must be made prior to the auction.

INSPECTION: Any time with contacting Griffin Real Estate & Auction Service LC.

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