313 Acres in Dighton, KS - $766,000
LEGAL DESCRIPTION:
N/2 of 7-19-30, less farmstead in NE corner
LOCATION: From the intersection of Hwys 96 and 23 at Dighton, Kansas, go 8 miles West on Hwy 96 to the S. Dodge Rd 80, 4 miles South to W. Road 110, and 3 miles West to the NE corner of the property. SIGNS WILL BE POSTED!!
MINERAL RIGHTS: Seller will retain of the mineral rights for a term of 15 years, or for as long as production exists. Said reservation will be non-participating in lease monies, delay rentals and bonuses, but fully participating in royalties.
CROPS: Buyer will receive the landlords 1/3rd share of the 2012 milo crop and pay the landlords 1/3rd share of the fertilizer and chemical expenses.
Seller will retain the landlords 1/3rd share of the 2012 growing wheat crop.
FSA INFORMATION: Cropland Acres - 306.4
Base Acres DCP Yield
Wheat 148.0 39
Grain Sorghum 13...
Grain Sorghum 133.1 46
Buyer will receive the landlords 1/3rd share of all FSA feed grain payments associated with the 2012 crop year.
Seller will retain the landlords 1/3rd share of all FSA wheat payments associated with the 2012 crop year.
POSSESSION: Date of closing, subject to the tenants rights.
REAL ESTATE TAXES: Seller will pay taxes for 2011 and prior years. Taxes for 2012 will be prorated to the date of closing. (2011 taxes = $670.74)
PRICE: $ 832,700
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