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320 ACRES ELLIS CO, KS GRASS & CRP

SOLD
Colby, Kansas
Posted 1 month, 1 week ago
Expires in 0 minutes
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Description

W/2 OF SECTION 22-14-20

LOCATION: From Old Hwy 40 in Ellis, Kansas, go 8½ miles South to Munjor Road, then 1 mile East to the SW corner of the property. SIGNS WILL BE POSTED!!

CROPS: There are no growing crops. 

FSA INFORMATION:         Grassland Acres -                191.39+

                                                 CRP Acres -                          111.64

Cropland Acres-                      11.44   

The farm is enrolled in the PLC option.  There are 11.44 grain sorghum base acres with a 53 bushel yield.  Any future FSA payments will follow the crops and will be paid pursuant to FSA regulations.

CRP INFORMATION: There are 111.64 acres currently enrolled in the CRP program through 9/30/2031 at $56.39 PER ACRE FOR A TOTAL ANNUAL PAYMENT OF $6,294 and the 2019 CRP payment which will accrue from October 1, 2018, through September 30, 2019, will be prorated to the date of closing. 

POSSESSION: Date of closing.

MINERAL RIGHTS:  All the Seller’s interest will transfer to the Buyer at closing, subject to a prior  reservation of record.

REAL ESTATE TAXES:  Seller will pay taxes for 2018 and prior years.  (2017 taxes = $885.82)

PRICE REDUCED: $288,000

REALTOR’S NOTE: This half section has lots to offer:

1)     111.64 acres CRP at the strong rate of $56.39/ac for 15 years.

2)     A good Dakota well water source suitable not only for livestock production but capable of supporting the local oil exploration industry.

3)     Almost 200 acres of good native pasture.

FOR MORE INFORMATION CALL FARM & RANCH REALTY, INC AT 1-800-247-7863 OR VISIT OUR WEBSITE AT WWW.FARMANDRANCHREALTY.COM

DONALD L. HAZLETT, BROKER

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