Real Estate Auction

Thursday, April 10th, 2014 at 7:00 PM

160 acres of Lyon Co. grassland with Home,
Pond, Outbuildings & Grain bins;
2 story home with 4 bedrooms and 2 baths with lagoon

Auction to be held at Olpe Chicken House, Olpe, Kansas

PDF Sale Bill

Danny & Megan Broyles, Jr.
268 S Hwy 99, Madison, Kansas

Open House Date – March 30, 2014 2pm to 4pm

Dwayne Coble, Agent/Auctioneer 620-794-2061
Your Olpe Real Estate Connection

Directions:  Travel south of Olpe on Highway 99, 4 miles and property located on east side of highway.

Description of Property:  2 story home with 4 bedrooms and 2 baths with lagoon.  Electric heat pump (with electric backup) and (2) air conditioning units are 2 years old.  Roof is 4 years old. Wood stove in home has blowers and does blow through duct work.  Stove, Dishwasher & built in microwave stay with home.  1964 26x190 outbuilding (with adjustable doors on north side), (2) 2500 bushel grain bin, (2) 3500 bushel grain bin (small portable shed does not stay with property).  41 acres of hay meadow.  Gravity feed water from pond for cattle pens.  New fence on 2 sides of property.

CRP Terms – 99.2 acres is in 10 year CRP contract beginning 10/1/2012 with payment of $43.87 per acre per year.  2014 CRP payments will go to Buyer.   Buyer agrees to supersede contract and hold Sellers harmless from any previous CRP payments.  Good income producing CRP in the program for another 9 years.  Buyout of CRP contract is one year + penalty to use for grazing or hay meadow.  Call auctioneer for more details on buyout.

Rural Water – Lyon County Rural Water District #3

Legal Description – NW1/4 of Section 25, Township 21S, Range 11E, Lyon County, Kansas.

Real Estate Taxes – 2013 real estate taxes were $1843.94. The 2014 taxes will be prorated based on 2013 tax amount at the date of closing.

Terms & Conditions – 10% down day of auction at signing of the contract with the balance due upon presentation of merchantable title and deed.

Title Insurance – The cost of the owner’s title insurance will be divided equally between the Sellers and Buyer.

Possession – Closing will occur on or before May 9, 2014 at Moon Title & Escrow.

All announcements the day of sale take precedence over all advertisements and printed information.  Tri County Real Estate and its agents represent the seller and do not represent the buyers.  All information is obtained from sources deemed to be reliable but are not guaranteed by the Seller or Seller’s Agents.  This sale is not subject to the buyer obtaining financing.  All financial arrangements must be made prior to sale date.  Seller and Seller’s Agents are not responsible in case of accidents.  Seller reserves the right to accept or decline any and all bids.

Dwayne Coble 620-794-2061 ~ dcoble@wheatstate.com
Carmen Y. Mackey, Broker 620-341-0838 ~ carmenymackey@gmail.com
Victor Edelman, Associate Broker 620-366-0339 ~ realestateve@gmail.com
Tri County Real Estate ~  www.KansasAuctions.net