Auction Information
226 Acres in Norwich, KS
146 +/- ACRES SUMNER CO. & 226 +/- ACRES KINGMAN CO.
Thursday, July 26, 2018 7:00 PM
Auction Location: Gene Francis & Associates Auction Facility
12140 W. K-42 Hwy, Wichita, KS
226+/- Acres Kingman Co., KS Quality Crop Land
Legal Description: The W NW & NW of 23-29S-5W except a tract located in Kingman Co., KS. (See Title Report for full legal)
Location: From Norwich, KS off Hwy 42 go north on SE 150 Ave for 4 miles. Property is located in the southeast corner of SE 150 Ave & SE 90 St.
Description: 226+/- acres with approximately 204 acres of cultivation and 22 acres pasture. Class 2 soils mainly Nalim loam.
Taxes: $2,792.78 Taxes will be prorated to the day of closing.
Minerals: Sellers mineral interest will transfer to Buyer.
Possession: Buyer will receive possession of the pasture in October of 2018.
Buyer will receive 1/3rd of the 2019 wheat crop and be responsible for 1/3rd o...
Buyer will receive 1/3rd of the 2019 wheat crop and be responsible for 1/3rd of the fertilizer, chemicals, and crop insurance. Possession of the cultivation will be after 2019 wheat harvest.
Terms: 10% down as earnest money deposit due day of auction on each property with balance due on or before August 27, 2018. 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 day of the auction take precedence over all printed advertising and previously made oral statements. Gene Francis & Associates is an agent of the Seller.
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Location: From Norwich, KS off Hwy 42 go north on SE 150 Ave for 4 miles. Property is located in the southeast corner of SE 150 Ave & SE 90 St.