Latham, KS 67072 - Cowley County

Bowman Trust Tract 1 2160+- Acres Flint Hills Pasture & Headquarters

Auction Date: FRIDAY APRIL 26, 2019 2:00 PM

Auction Location: BUTLER COUNTY COMMUNITY BUILDING, 200 N GRIFFITH, EL DORADO KS 67042

OPEN HOUSE WEDNESDAY APRIL 17 4PM TO 6PM

Debbie A. Bowman Revocable Trust, Seller

TRACT 1: 2160+- acres in the heart of the Flint Hills in Northern Cowley County and Southern Butler County, Kansas. This Ranch has 11 ponds, over 1 3/4 miles of beautiful rock bottom Franklin Creek, several spring fed and wet season draws, and a windmill. There is 80+- acres of cool season Brome grass, with the balance being mostly Native Flint Hills pasture with some fescue along the creek. Good working livestock pens are located at headquarters and along the blacktop at the West end of the Ranch. All this and Oil Income!

IMPROVEMENTS: The 1504 square foot Brick house built in 1980 has 2 bedrooms, 2 bathrooms, living room, large kitchen/dining area, main floor laundry, and a full unfinished basement. Water is provided by a well, the house is serviced by a septic tank, and the house has a Generac backup generator. In addition to the 1 car attached garage on the house, there is a 50 x 32 detached garage with 3 overhead doors and concrete floor. Other buildings include a 60 x 40 farm utility building, 58 x 48 old barn, and other misc. utility buildings.

2018 REAL ESTATE TAXES: $9005.78.

EARNEST MONEY: $350,000.

TERMS: Earnest money is specified for each tract above and due at the conclusion of the Auction with the balance due upon Sellers submission of merchantable title and closing. Closing date shall be on or before May 31, 2019. 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 or inspections. Interested buyers need to view the property prior to the date of the auction and have financing available and any inspections performed prior to bidding. All pertinent information is available upon request. All announcements made the day of the auction take precedence over any other announcements or printed material.