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| SOLD! BARBER CO. LAND ( $1,160/acre) & MINERAL ($400/acre) AUCTION-JUNE 28TH @ 10 AM, Medicine Lodge, KS 67104 |
 
MLS #: TRACT #1 - 480+/- Acres-Surface Only
This is a great opportunity to purchase, at public auction, a truly diverse farm with an excellent mixture of productive farm ground and native grass pasture. The property sits on HWY 281 and is located just 3 1/2 miles South of Medicine Lodge, in Barber County, Ks. This farm has been rented by the same family since 1977. Needless to say, they have been model tenants. The cultivated land is clean and is currently raising a text-book wheat crop. Terraces have been reworked to drain water toward the pasture ponds. The grass has been well managed, fences are adequate, and there are plenty of shade areas for cattle. A draw runs through a majority of the property and holds water through parts of the summer grazing season. The primary water sources are the 2 ponds fed by a spring toward the South end. A corral is situated just off of the highway and the property also offers a chance at some good ol’ Barber County whitetail genetics. In addition, the property is a favorite stop for migrating geese and ducks each year. If you’ve been meaning to expand your operation, now’s the time!!
Legal Description of the Surface: The SE1/4 of Section 26, and the NE1/4 and the N1/2 of the SE1/4 of Sec 35, and the W1/2 of the NW1/4 of Sec 36, T32S, R12W of the 6th P.M. in Barber County, Ks
FSA information:
Tillable 272.8 acres
Wheat base acres 266.00
Direct Yield 36bu, CC Yield 42bu
2009 Real Estate Taxes: $1,218.22
Terms: 10% down day of sale. Certified funds or letter of credit required, balance due at closing within 30 days of auction.
Possession: Possession of the grass will be on March 1st, 2011. Possession of the farm ground will be after the 2011 wheat harvest. Buyers will be credited $1,600.00 for the full amount of the 2010 grass rent at closing. In addition, buyers will receive 2 payments for the cultivated rent of $4,760.00 on Jan 1 & June 30, 2011.
Directions: From Medicine Lodge go 3/1/2 miles South on HWY 281. Property is on West side of the Highway.
TRACT #2 - 320+/- Mineral Acres
Minerals: Minerals are believed to be 100% intact, unleased, and open. Buy these minerals in a proven area for good oil and gas production. Currently, there is no production on Tract #2.
Legal Description of Mineral Rights to be Sold: The NE1/4 and the N1/2 of the SE1/4 of Sec 35, and the W1/2 of the NW1/4 of Sec 36, T32S, R12W of the 6th P.M. in Barber County, Ks
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