0 SE Flinthills Rd., El Dorado, KS 67042 - Butler County

TRACT 1

PROPERTY DESCRIPTION: 155+- acres with over 1/2 mile of the Middle Branch of the Little Walnut River, 3 ponds, 42 acres of tillable, pasture, and very rolling and scenic terrain. The tillable acreage is both Verdigris Silt Loam and Ladysmith Silty Clay Loam. This property is bordered by a blacktop road on one side only. There are some older buildings, a silo, and a water well on the property. This property is a very nice combination of agriculture and recreation. A portion of this property is covered by an agriculture preservation overlay, but a large portion of the property would offer several excellent building locations.

LEGAL DESCRIPTION: The Southwest Quarter of Section 24, Township 26 South, Range 7 East of the 6th P.M., Butler County, Kansas; EXCEPT Commencing at the SW corner of the SW/4 of Section 24, Township 26 South, Range 7 East of the 6th P.M., Butler County, Kansas; Thence N 008'18" E on an assumed bearing along the east line of said SW/4 a distance of 1078.60 feet for a Point of Beginning; Thence N 8929'22" E, 330 feet; Thence N 008'18" E, 660 feet; Thence S 8929'22" W, 330 feet to a point on the east line of said SW/4; Thence S 008'18" W along said east line 660 feet to the Point of Beginning.

2012 TAXES: To be determined.

EARNEST MONEY $25,000.

TRACT 2

PROPERTY DESCRIPTION: 40+- acres of excellent rolling native pasture, 1 pond, the Middle Branch of the Little Walnut River, 9.7 acres of Verdigris Silt Loam tillable ground, and blacktop frontage. This property has a nice hedge row along the north and west sides.

LEGAL DESCRIPTION: The Southeast Quarter of the Southeast Quarter of Section 23, Township 26 South Range 7 East of the 6th P.M., Butler County, Kansas.

2012 TAXES: $176.60.

EARNEST MONEY $10,000.

Earnest money is specified above and due at the conclusion of the Auction with the balance being due upon Sellers submission of merchantable title and closing. Closing date will be on or before February 19, 2012. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways and rights of way. This property is not selling subject to financing. Interested buyers need to view the property prior to the date of the auction and have financing available prior to bidding. All announcements made the day of the auction take precedence over any printed material.