1007 152nd Rd, Oxford, KS 67119 - Cowley County

270 ACRES SUMNER & COWLEY COUNTY, KANSAS

TILLABLE | RECREATIONAL | IMPROVEMENTS

OFFERED IN TWO TRACTS

AUCTION: Friday, January 19, 2018, 2:00 pm

AUCTION LOCATION: Raymond Frye Complex, 320 N Jefferson, Wellington KS

PROPERTY LOCATION:

From Oxford KS: 1.5 miles SE on US 160 Hwy to 152nd Rd / 20th St S, 1 mile West

LEGAL: NW/4 Section 19, Township 32 South, Range 3 East, Cowley County KS AND 43 Ac of East side of NW/4 and the West 33 acre of Lots 1 & 2, Section 24, Township 32 South, Range 2 East, Sumner County KS

TRACT 1: Farmstead and 3 Acres (1007 152nd Rd, Oxford, KS)

Located in NW corner of tract (152nd Rd and Geuda Springs Rd)

Older two story, 1329sf home built in 1900 with 4 BR, 1 BA, vinyl siding

24 x 28 garage

21 x 30 equipment storage shed

TRACT 2: 267 Acres

197 Tillable Acres

70 Acres Trees and Arkansas River frontage (one-half mile river frontage)

Soil Type: Approx 62% Dale silt loam, 15% Brewer silty clay loam, balance Lincoln-Tivoli complex and Canadian fine sandy loam

FSA BASES & YIELDS

Wheat: 110.72 Base Acres; 36 PLC Yield

Grain Sorghum: 30.63 Base Acres; 49 PLC Yield

Soybeans: 68.15 Base Acres; 40 PLC Yield

EARNEST DEPOSIT: $3,000 on Tract 1; $40,000 on Tract 2

POSSESSION: At closing on Tract 1; Day of Auction on Tract 2

CROP SHARE: No growing crops

CLOSING: On or before February 21, 2018

MINERALS: Selling surface rights ONLY. Seller retains all current mineral production plus 50% of any oil or gas production from future drilled wells

2017 TAXES: $1,959.06 (Cowley Co) & $273.46 (Sumner Co); Seller will pay 2017 taxes and prior years.

JACK C. PENTICUFF TRUSTS, Seller