Farm/Ranch for sale in Lakin, KS

1 of 10
160 acres good farmland about 9 miles north of Lakin, Kansas. This property is for sale by Private Auction. Call today to learn the current bid or place your bid by phone. Bidding will not end prior to December 17, 2013. Call Chris Faulkner today 620-575-6555.

Location: From Lakin, Kansas; 10 miles north on HWY 25 to Road 250 (paved), then 2 miles west on Road 250 and 1/2 south to the northwest corner of property. (signs posted)

Legal Description: Surface and water rights only in and to the Southwest Quarter (SW/4) of Section 5-23-36, Kearny County, Kansas. Acres: 160+/-

Minerals: None included.

Taxes: $363.44

Tenant: None.

Crops: Approximate north 50 acres in 2014 wheat to remain with Seller, balance milo stalks. (see map below)

Farmland Soils: Approximately 66% Ulysses silt loam 0-1% slope, 28% Ulysses silt loam 1-3% slope & 6% Goshen silt loam, rarely flooded.

Possession: Open ground upon closing, 2014 wheat ground after harvest.

Note: Great opportunity to own a beautiful piece of farmland just off of blacktop with productive soils! Call today to learn the current bid or place your bid by phone.

READ THESE IMPORTANT TERMS & BID ACCORDINGLY: Selling by Private Auction through Mark Faulkner, Broker, Faulkner Real Estate, Inc. Broker represents Seller as Seller's agent and shall treat the Buyer as a customer. A customer is a party to a transaction with whom Broker has no agency relationship. Successful bidder will sign contract and deposit 10% earnest money with Frazee Abstract & Title as escrow and closing agent. Seller and Buyer will split the cost of title insurance and closing fee. Real Estate taxes will be prorated to the date of closing. Final sales price will be figured on the acreage published regardless of actual acreage. Buyer to verify accuracy of acreage and bid accordingly. Settlement will occur on or before Thursday January 23, 2014. Announcements during sale take precedence over published information. Selling subject to owner confirmation. Bidders will be confidential until bidding is closed. Bidding is not subject to financing. Buyers are to have financing arranged prior to bidding. NOTE: All information is from sources deemed reliable but is not guaranteed. Prospective buyers are urged to INSPECT all properties prior to bidding and to satisfy themselves as to condition, well performance, noxious weeds, acreages, lease terms, etc. Property sells "AS-IS" and subject to leases, easements, covenants, CRP contracts and reservations, if any, now existing against said property. NO WARRANTIES are either expressed or implied by Seller or Faulkner Real Estate, Inc.

  • Price: $320,000

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