130.5+- Acres Butler County, Kansas Tillable Land For Sale By Auction

Auction Date: WEDNESDAY OCTOBER 19, 2016 6:00 PM

Auction Location: EL DORADO CIVIC CENTER, 201 E CENTRAL AVE, EL DORADO KS

Gearl J. Bannon Trust No. 1 and Merlin K. Russell, Sellers

PROPERTY DESCRIPTION: 130.5+- acres of Butler County, Kansas with blacktop frontage located between El Dorado and Augusta. Approximately 98 acres of the property is tillable ground currently planted to soybeans. The balance of the property is native pasture, 1 pond, and timber. The south boundary of the property is a Hedge row. Wildlife is abundant and the hunting is diverse with Kansas Whitetail Deer, Turkey, Quail, Ducks, and Geese.

LAND LOCATION: From Augusta Kansas, East on HWY 54/400 5 Miles to Haverhill Rd, North 3 1/2 Miles to the property OR From El Dorado, 7 Miles South on Haverhill Rd.

LEGAL DESCRIPTION: The South Half of the Northwest Quarter of Section 15 EXCEPT the Northwest Quarter of the Southwest Quarter of the Northwest Quarter thereof AND The North Half of the Southwest Quarter of Section 15 EXCEPT a tract described as: The South 405 feet of the West 2152 feet of the North Half of said Southwest Quarter ALL IN Township 27 South, Range 5 East of the 6th P.M., in Butler County, Kansas, Subject to Public Road.

2016 REAL ESTATE TAXES: $638.00.

TERMS: Earnest money is $25,000 down at the conclusion of the Auction with the balance due upon Sellers submission of merchantable title and closing. Closing date shall be on or before November 21, 2016. Closing fee and title Insurance fee will be split 50/50 between Seller and Buyer. Selling subject to easements, restrictions, roadways and rights of way. This property is not selling subject to financing or inspections. Interested buyers need to view the property prior to the date of the auction and have financing available and any inspections performed prior to bidding. All pertinent information is available upon request. All announcements made the day of the auction take precedence over any other announcements or printed material.