S Argonia Rd , Argonia, KS 67004(Sumner County)

Tillable located in SW Sumner County KS

AUCTION: Tuesday, March 13, 2018, 7:00 pm

Raymond Frye, 320 N Jefferson, Wellington KS

78.6 ACRES TILLABLE LOCATED SOUTH OF ARGONIA KS

LEGAL: S/2 NE/4 Section 20, Township 33 South, Range 4 West, Sumner County KS

DIRECTIONS From Jct Hwy 44 & Argonia Rd (south of Argonia KS): 1/2 mile North on Argonia Rd

75.6 Acres Tillable

3.0 Acres Waterway

Wheat Base: 75.6 acres; 39 Bu/Ac Yield

SOIL TYPES: Primarily Kirkland silt loam (0-1% & 1-3% slopes), balance Bethany silt loam and Wellsford-Elandco Complex

TAXES: $682.28

POSSESSION: At closing, subject to current tenant lease, and after 2018 wheat harvest

CROP SHARE: Landowners 1/3 share of 2018 wheat crop to Buyer; Buyer pays fertilizer/chemical for 2018 wheat crop

MINERALS: Seller retains 50% of minerals, participating, for 10 years from date of closing. If no production at end of 10 years, 100% mineral interest reverts to then curren...