SOLD at Auction – $2400 an acre – O SE Cole Creek Rd

SOLD at Auction – $2400 an acre – O SE Cole Creek Rd Facebooktwittergoogle_plusredditpinterestlinkedinmail

Flint Hills Rangeland


Thursday, April 12, 2018 – 6:00 PM

Auction Location: El Dorado Civic Center – 201 E. Central, El Dorado, KS  67042

Directions: From Leon and Hwy 400; South 3.5 miles on Cole Creek Rd, Property is on the East side

400+/- Acres * Excellent Grass* 15+/- acre Lake * 7+/- Cropground* 10-15 acre Timber

Property Description: Excellent quality rolling Flinthills rangeland with paved frontage on SE Cole Creek Road, just 3.5 miles South of Leon. This land offers an excellent stand of Bluestem grasses, a 15 acre spring fed watershed lake, 7 acres of cropground and 10-15 acres of hardwood timber.  One producing oil well with 1/2 royalty transferring to buyer.

Legal Description: The South Half of the Northwest Quarter and the South Half of Section 10, Township 28 South, Range 6 East of the 6th P.M., Butler County, Kansas, Less ROW.

Taxes: 2017 Taxes $1,177.18 Minerals: All minerals Except 50% of oil & gas production transfer with the property.

Terms: The successful bidder will be required to sign a purchase contract and deposit 10% of purchase price as earnest money at the conclusion of the auction. Balance of purchase price will be due upon title approval and closing. Closing date will be on or before May 12, 2018. Title Insurance and Closing Fee will be divided evenly between Seller and Buyer. Property is not selling subject to financing or appraised value. Buyer should rely on their own information, judgment, and inspection of the property and public records. Property is selling subject to easements, rights-of-way, roadways, and restrictions of record, if any. Announcements day of auction shall take precedence over any printed material or prior information.

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