TRACT 1: 229 Acres Tillable
LEGAL DESCRIPTION: NW/4 & N/2 SW/4 Section 26, Township 31, Range 1 West, Sumner County, KS
DIRECTIONS: 3 miles north of Wellington on US 81 Hwy to 50th Ave N and 1/2 mile west
229.35 Total Acres
226.6 Acres Tillable
1.56 Acres Native Grass
1.19 Acres Homesite & Trees
FSA INFORMATION:
WHEAT: 68.7 Acre Base, 34 Bushel/Acre Yield
Corn: 50.6 Acre Base, 79 Bushel/Acre Yield
Grain Sorghum: 58.19 Acre Base, 42 Bushel/Acre Yield
Soybeans: 83.11 Acre Base, 24 Bushel/Acre Yield
SOIL TYPE: Approx 52% Kirkland silt loam (0-1% slopes), 20% Tabler silty clay loam (0-1% slopes), 17% Bethany silt loam (0-1% slopes), 7% Kirkland silt loam (1-3% slopes), balance is Elandco silty clay loam and Nalim loam
2015 TAXES: $1,372.46
Earnest Deposit: $20,000
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TRACT 2: 157 Acres Tillable, Pasture, Slate Creek & Trees
LEGAL DESCRIP...
LEGAL DESCRIPTION: SE/4 Section 8, Township 32, Range 1 West, Sumner County, KS
DIRECTIONS: 1 mile west of Wellington, KS on US 160 Hwy to Tyler Rd and mile north
157.17 Total Acres
100.7 Acres Tillable
41.7 Acres Pasture
6.6 Acres Hay Meadow
8.2 Acres Slate Creek & Trees
FSA INFORMATION:
WHEAT: 30.98 Acre Base, 34 Bushel/Acre Yield
Corn: 22.83 Acre Base, 79 Bushel/Acre Yield
Grain Sorghum: 26.25 Acre Base, 42 Bushel/Acre Yield
Soybeans: 37.48 Acre Base, 24 Bushel/Acre Yield
SOIL TYPE: Approx 50% Rosehill clay loam (1-3% slopes), 22% Elandco silty clay loam, 19% Brewer silty clay loam, balance is Wellsford-Shale outcrop complex
2016 TAXES: $453.38
Earnest Deposit: $15,000
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TRACT 3: 168 Acres Tillable, Pasture & Slate Creek
LEGAL DESCRIPTION: NE/4 Section 6, Township 32, Range 1 West, Sumner County, KS
DIRECTIONS: From US 160 on west edge of Wellington, KS: 1.5 miles north on Ridge Rd, 1 mile west on 20th Ave N, 1 mile north on Tyler Rd to 30th Ave N, 1.5 miles west (south side of road)
168.9 Total Acres
90.5 Acres Tillable
68.2 Acres Grass & Waterway
9.42 Acres CRP ($592 annual payment, expires 09/30/2023)
SOIL TYPE: Approx 66% Elandco silty clay loam, balance Milan loam (1-3% slopes), Wellsford clay loam, Wellsford-Shale complex, Wellsford-Elandco complex
2016 TAXES: $630.68
Earnest Deposit: $15,000
FSA INFORMATION (Tracts 3 & 4):
WHEAT: 47.3 Acre Base, 34 Bushel/Acre Yield
Corn: 34.85 Acre Base, 79 Bushel/Acre Yield
Grain Sorghum: 40.07 Acre Base, 42 Bushel/Acre Yield
Soybeans: 57.22 Acre Base, 24 Bushel/Acre Yield
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TRACT 4: 155 Acres Tillable, Pasture & Creek
Offered Individually & In combination with Tract 5 (Survey cost shared equally)
LEGAL DESCRIPTION: SE/4 Section 31, Township 31, Range 1 West, Sumner County, KS
DIRECTIONS: From US 160 on west edge of Wellington, KS: 1.5 miles north on Ridge Rd, 1 mile west on 20th Ave N, 1 mile north on Tyler Rd to 30th Ave N, 1.5 miles west (north side of road)
158.5 Total Acres
63.6 Acres Tillable
90.3 Acres Pasture, Trees & Slate Creek
1.1 Acres Oil Lease Road
SOIL TYPE: Approx 51% Kirkland silt loam, 24% Milan loam (1-3% slopes), 12% Rosehill clay loam (3-6% slopes), balance is Milan loam
Oil Production: Average 1362 barrels within last 3 yrs
Earnest Deposit: $15,000
TRACT 5: 3.5 Acres Farmstead
Offered Individually & In combination with Tract 4 (Survey cost shared equally)
188 East 30th Avenue North, Wellington, KS
Quiet, Peaceful setting on dead end road 1 1/4 miles off blacktop on gravel road
1326 sf home with 3 bedrooms, 1 bath
CH/A, Woodburning stove
Recent remodels include new windows, vinyl siding, floor covering
Outbuildings include 2 metal clad farm storage buildings: 28x100, 26x40
Abundance of wildlife including turkey & deer in area
Propane heat, Well water, Septic
2016 TAXES: $731.56 (Tracts 4 & 5)
Earnest Deposit: $3,000
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TERMS & CONDITIONS
Possession: At closing on homesite & small outbuilding; after 2017 wheat harvest on tillable & large outbuilding; on January 1, 2017, on pasture
Crop Share: Buyer receives landowners 1/3 share of 2017 wheat crop and equivalent FSA payment; Buyer pays landowners 1/3 share of fertilizer/chemical
Minerals: Seller is conveying 100% of their mineral interest on Tracts 1-3; Seller reserves 75% of mineral interest on Tracts 4-5 for a period of 25 years from January 1, 2017, or as long as production exists in paying quantities, whichever occurs first
Closing: On or before October 24, 2016; closing and title insurance shared equally
Taxes: At closing, Seller shall give credit to Buyer for 2016 taxes (based on 2015 taxes)
ERSKINE FAMILY TRUST, Sellers
LARRY THEURER, CAI, GPPA, Auction Manager
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