Auction Information
80 Acres in Madison, KS
Vaughn-Roth is honored to represent the Metz family with the sale of this grassland tract located southeast of Olpe in Southern Lyon County via live auction. The property would make an excellent addition to an existing operation, an affordable first purchase for a young rancher or would be a beautiful location in the country near Olpe to build a forever home.
The property totals 80 acres more or less and lays 1/4 mile south of Rd 40 along the western edge of Road S, secluded from the main road. This parcel is a deep 80 with a desirable rolling topography. The eastern half of the property features a diverse stand of grasses and lays gently rolling with a treed wet-weather draw and two ponds. The tract then breaks upwards as you head west towards the middle of the property with a large hill offering beautiful views to the west, north, and east. This area would make an attractive locatio...
The property totals 80 acres more or less and lays 1/4 mile south of Rd 40 along the western edge of Road S, secluded from the main road. This parcel is a deep 80 with a desirable rolling topography. The eastern half of the property features a diverse stand of grasses and lays gently rolling with a treed wet-weather draw and two ponds. The tract then breaks upwards as you head west towards the middle of the property with a large hill offering beautiful views to the west, north, and east. This area would make an attractive location to build a home with excellent views in all directions. The parcel then slopes downwards towards the western edge of the property to a small timbered draw.
The grasses on the property are composed of a mixture of native and cool season grasses. The fences are generally good to excellent 5-wire with steel posts and corners with exception to the western fence which could use attention. East fence, south fence, and eastern portion of the north fence are of excellent quality and condition. The western portion of the north fence is in average condition and the west fence is in below average condition. Trees in the eastern and western portions of the tract offer recreational appeal with deer seen on the property during viewing.
The property is located in a nice location relative to Olpe offering potential as a build site. Electrical service runs along Rd 40, 1/4-mile north of the property. A rural water line runs along the back property line and belongs to Coffey County RWD #2. Please contact them at 620-836-4080 with questions regarding water availability along this line. The road dead-ends at the southern border of the property providing excellent seclusion to the landowner.
You arent going to want to miss this chance to purchase this attractive Lyon County tract. Whether you are an existing operator, a young rancher or a couple looking for a location to build in the country, dont miss out on this excellent opportunity. Please call Henry Ott at 620-437-7340 to set up your property showing today!
Taxes: $338.36 for 2020
Brief Legal: S2 NE4 of Section 21-21S-12E of the 6th PM
Minerals: The Sellers interest transfers to the Buyer. There is no current production.
Tenancy and Possession: The property sells subject to a 2021 grazing lease which expires October 15th, 2021. Possession of the property shall transfer at Noon on October 16th, 2021. The pasture lease shall be prorated between Buyer and Seller to the day of closing.
Earnest Money: $15,000.00
This auction will be held at 6:00 P.M. on July 15th, 2021 at the Olpe Chicken House located at 8 East St. in Olpe, KS.
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Driving Directions from Olpe: Take 99 HWY south out of Olpe for 3-miles to Road 40. Go east on Road 40 for 4-miles to Road S. Proceed south on Road S for -mile and the property will start on the west side.