160 Acres in Russell Springs, KS - $128,000
LEGAL DESCRIPTION:
SE/4 of 12-14-36
LOCATION: From the intersection of Hwy 25 and Plains Road at Russell Springs, Kansas, go 3 miles on Hwy 25 to County Road 240, 4 miles South to Kiowa Road, then 2 miles West to the SE corner of the property. SIGNS WILL BE POSTED!
MINERAL RIGHTS: Mineral rights are believed to be 25% intact and all of the Sellers interest will transfer to the Buyer at closing.
CRP INFORMATION:
There are 2 CRP contracts on this quarter.
110.9 acres at $28.12 ac thru 9/30/18 = $ 3,119
42.1 acres at $28.67 ac thru 9/30/22 = $ 1,207
TOTAL ANNUAL PAYMENTS = $ 4,326
The 2014 CRP payments will be prorated to the date of closing.
POSSESSION: Date of closing.
REAL ESTATE TAXES: Seller will pay taxes for all of 2013 and prior years. Taxes for 2014 will be prorated to the date of closing.
(2013 taxes = $256.73)
PRICE: $128,000
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