8510 KS Hwy 7, Mound City, KS 66056 - Linn County

Absolute Auction

2 Farms 160 acres

Linn County, Kansas

Friday, June 20 at 10:00 AM CDT

Auction Location: 4H Building at the Linn County Fairgrounds

8510 KS Hwy 7, Mound City, KS 66056

Perfect for agribusiness operation, these two farms have not been available for many years, and are ready for their new owners. Both farms are close to Blue Mound, and will sell to the highest bidder at this no-reserve live auction.

Farm #1 80 Acres

Ready to be put back in production

67 enrolled in CRP at $57 per acre through Sept 30, 2014

Sellers 2014 CRP payment will go to buyer

Blacktop frontage on W 400th Rd

Farm #2 80 Acres

40 acre producing hay meadow

4.5 acres in CRP at $56.02 per acre though Sept 30, 2022

Balance in timber & 2 ponds

Excellent building sites & recreational opportunities

United Country Kansas City Auction & Realty

816-420-6237

AuctionKansasCity. com

Paul A. Light, Broker #BR00220476 Richard Shawn Terrel, Auctioneer #BR00216208

TERMS AND CONDITIONS:

Earnest Money Deposit: 10% of Total Contract Price due day of auction. Possession: Possession shall be given upon closing and transfer of title. Minerals: 50% of the sellers mineral rights will transfer with the surface. Buyers Premium: a seven percent (7%) buyers premium shall be added to winning bid to establish the total contract price. Taxes: Seller shall pay 2013 taxes and all prior years. Taxes for 2014 shall be prorated to the date of closing. Closing: On or before July 20th, 2014, subject to any outstanding lien releases. Seller and Buyer shall share equally in the closing costs and title insurance costs. Title and closing handled by Linn County Abstract, 108 S. 5th St., Mound City, KS 66056. Sellers: Mary Annabelle Miller Trust & Richard D. Miller