The Estate of Stephen Rhea Knox

AUCTION DATE:  Friday March 28, 2014 6:00 P.M.
AUCTION LOCATION:  Piedmont Recreation Center, Piedmont, Kansas.
LAND LOCATION:  From Webb Rd. in Wichita, Ks East on HWY 400 (Kellogg Ave.) 49 miles.

TRACT 1
TRACT 1 PICTURE GALLERY
PROPERTY DESCRIPTION:  350+- acres of Greenwood County, Kansas land located near Piedmont, Kansas.  The south branch of Otter Creek runs through over 1/2 mile of the property provided good live water for fishing.  There is Otter Creek tillable bottom ground on both sides of the creek to offer income potential and feed for wildlife.  A very steep elevation change rises from the bottom tillable ground, where native pasture, hay meadow, timber, and brush are present for cattle grazing and wildlife cover.  Another timber lined creek runs for over 3/4 of a mile through the east side of the property with more potential tillable ground and excellent cover for wildlife or a cattle wintering operation.  This property has 2 old farm houses that are currently uninhabitable, an old barn, sheds, and a silo.
LEGAL DESCRIPTION:  The Northwest Quarter LESS and EXCEPT that portion conveyed to the Kansas State Department of Transportation as recorded in Book 196 of Deeds, page 529 in the office of the Register of Deeds, Greenwood County, Kansas; the Northwest Quarter of the Southeast Quarter; the West Half of the Northeast Quarter; the North Half of the Southwest Quarter; ALL in Section 7, Township 28 South, Range 10 East of the 6th PM, GREENWOOD County, Kansas.
2013 REAL ESTATE TAXES:  Taxes for both tracts 1 & 2 combined were $1711.84.
EARNEST MONEY:  $35,000.

TRACT 2
TRACT 2 PICTURE GALLERY
PROPERTY DESCRIPTION:  100+- acres of pasture, creek, potential tillable, and timber.  This tract of land is ideal for livestock winter pasture with live water and good timber for cover.  This tract also offer good hunting and a great view!
LEGAL DESCRIPTION:  All of the South Half of the South Half lying North of the St. Louis and San Francisco Railroad right of way EXCEPT the West Half of Block 1, Dean's Addition to the City of Piedmont, Section 7, Township 28 South, Range 10 East of the 6th PM, GREENWOOD County, Kansas.
2013 REAL ESTATE TAXES:  Taxes for both tracts 1 & 2 combined were $1711.84.
EARNEST MONEY:  $15,000.

TERMS:  Earnest money is specified above and due 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 May 30, 2014. 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. Interested buyers need to view the property prior to the date of the auction and have financing available 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.