Propety Description
PROPERTY INFORMATION
Three tracts totaling 312+/- AC
Tract #1: Legal Description: The SOUTHWEST QUARTER (SW1/4) of Section Twenty-Nine (29), Township Three (3) South, Range Six (6) West of the 6th P.M., Jewell County, Kansas. Location: One and one half miles south of the intersection of US Highway 36 & 260 road, southwest of Formoso. The listing price for Tract#1 is $725,000.
General: This very productive farm currently consists of approximately 149.54 acres of nearly level to gently to moderately sloping dry cropland and 6.47 acres of grassed waterways. The cropland soils are 96% Harney and Gibbon soils and 4% Corinth-Harney soils. Terraces and grassed waterways are in good condition. FSA bases & yields: Soybeans – 72.75 ac @ 39 bu., Wheat – 72.75 ac @ 39 bu. RE tax for 2022 was $3,182.06
Tract #2: Legal Description: SOUTH HALF of the SOUTHWEST QUARTER (S1/2SW14) and the SOUTHWEST QUARTER of the SOUTHEAST QUARTER (SWSE) of Section Fifteen (15), Township Four (4) South, Range Six (6) West of the 6th P.M., Jewell County, Kansas. Location: Six miles south of Formoso on 280 Road. The listing price for Tract#2 is $550,000.
General: This very productive farm currently consists of approximately 108.2 acres of gently to moderately sloping dry cropland and 8.03 acres of grassed waterways. . The cropland soils are 94% Harney and 6% Detroit and Hord soils. Terraces and grassed waterways are in good condition. FSA bases & yields: Soybeans – 54.1 ac @ 39 bu., Wheat – 54.1 ac @ 39 bu. RE tax for 2022 was $2,455.82
Tract #3: Legal Description: The NORTHWEST QUARTER of the NORTHEAST QUARTER (NWNE) of Section Twenty-Two (22), Township Four (4) South, Range Six (6) West of the 6th P.M., Jewell County, Kansas. Location: Six miles south of Formoso on 280 Road and one mile east on Road J. The listing price for Tract#3 is $175,000.
General: This very productive farm currently consists of approximately 37.68 acres of gently to moderately sloping dry cropland and 1.51 acres of grassed waterways. The cropland soils are 99% Harney and 1% Hord soils. Terraces and grassed waterways are in good condition. FSA bases & yields: Soybeans – 18.73 ac @ 39 bu., Wheat – 18.73 ac @ 39 bu. RE tax for 2022 was $821.44
TERMS:
Real estate taxes for 2022 and prior years will be paid by the Seller. The real estate is offered in three units. Purchase of the real estate is not contingent on Buyer financing. Possession is subject to the 2023 farm rental lease. 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%), Charles W. Joerg seller. For additional sale details call Tom Posey at 402-768-2292 or check at www.posey-realestate.com
