Propety Description
PROPERTY INFORMATION
119+/- AC
Location: One half mile south & five miles east of the southeast edge of Republic, KS
Legal Description: N1/2NW1/4 & the SE1/4NW1/4 of Section 1-T2S-R4W of the 6th P.M., Republic County, KS
General: This productive farm currently consists of approximately 63.26 acres of nearly level to gently to moderately sloping dry cropland and 56.04 acres of grassland. The cropland soils are 88% nearly level to gently sloping upper to moderate class Crete & Hastings silt loams. FSA bases & yields: Grain Sorghum – 22.1 ac @ 71 bu., Wheat – 29.7 ac @ 46 bu., Soybeans – 10.5 ac @ 38 bu. Some new five wire pasture fencing with hedge corners & hedge and steel line posts. Full possession for the 2022 crop year upon closing. Real estate tax for 2020 was $1,774.86.
TERMS:
Real estate taxes for 2021 and prior years will be paid by the Seller. The real estate will sell in one unit. Purchase of the real estate is not contingent on Buyer financing. Bids shall be submitted by contacting Tom Posey at 402-768-2292, bidding increments are at the discretion of the Broker, opportunities to raise bids will be given, 20% purchase price down upon acceptance of a bid, balance due in cash at closing. The cost of an owner’s title insurance policy shall be divided equally between Buyer (50%) and Seller (50%), Misty and Mitchel Brown, sellers. For additional sale details call Tom Posey at 402-768-2292 or check at www.posey-realestate.com
