157.1 +/- Acres in Butler County

Thursday, March 21st at 3 PM

Burns Community Center

301 N Washington Ave – Burns, KS

157.1 +- Acres of unimproved land in Northern Butler County just one-half mile south of 150th Street (paved) on the northeast corner of NW 140th Street and NW Ohio Street Road, about four miles Southwest of Burns, Kansas.

Approximately 108 acres of tillable crop ground with the balance being native grass, timber and creek. Soils are predominantly the highly productive Norge silt loam (60%) with the balance mostly Ladysmith and Irwin silty clay loams. The crop ground is improved with conservation terraces. The balance of the land is creek and timber running through native pasture that is used for hay ground.

There are several nice building sites as well as a timbered creek that provides excellent cover for wildlife.

  • Excellent Terraced Crop Ground
  • Very Productive Soils
  • Several Nice Building Sites
  • Native Grass Hay Meadow
  • Graveled Access to Two Sides
  • One Half Mile from Paved NW 150th Street

Legal Description: The Southwest Quarter (SW/4) of Section 23, Township 23S, Range 4 East of the 6th PM in Butler County, KS; Less ROW

Property Location: 0 NW 140th St, Burns, KS 66840

2023 Taxes: $1906.62

PROPERTY WILL SELL BY THE ACRE.

Terms: The successful bidder will be required to sign a purchase contract and deposit 10% of the 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 April 22, 2024. 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. Subject to Seller Confirmation.

Seller is offering Seller Financing for a five-year term, 30% down payment, Interest only payments, monthly or yearly, 5% interest, secured by first mortgage. Balloon end of term.

Possession: Buyer will receive possession upon closing. Subject to the agricultural lease with David Nellans. David leases the land and here is what is going to happen:

  • Buyer will receive possession of the pasture (hay ground) upon closing.ject to Seller Confirmation.Possession:Possession will be at closing.
  • Seller will keep his share of the wheat crop.
  • Buyer will receive a 30% share, with no fertilizer or chemical expense, of the double crop, probably soybeans planted after the wheat.
  • Buyer will receive possession of the crop ground after the soybeans are harvested.