320 ACRES COWLEY COUNTY KANSAS LAND

AUCTION DATE:  Saturday June 28, 2014 11:00 A.M.

AUCTION LOCATION:  11713 211th Rd., Burden, Kansas 67017.  Auction will be held on-site.

LAND LOCATION:  1 mile west of Burden, Ks on HWY 160  OR from Winfield, Ks 12 miles east and 5 miles north on HWY 160. 

Tom V. David, Seller

OPEN HOUSE SUNDAY JUNE 1 12pm to 3pm  *  OPEN HOUSE TUESDAY JUNE 17 4pm to 7pm

PROPERTY DESCRIPTION:   320+- acres of rolling Flint Hills terrain, a large spring, Silver Creek bisecting the middle of the property, 1 pond, timber, pasture, blacktop frontage, and a low water bridge!  The Silver Creek tillable bottom ground was converted to native grass and a riparian area in 1998.  A large spring on the property provided water to the City of Burden from 1911 until the early 2000's.  The City of Burden has a lease on the spring until 2017.  Burden currently uses rural water from Winfield but maintains a lease on the spring on the subject property as a backup source of water.  In return, the owner of the subject property is provided rural water free of charge.  Pastures are cross fenced to provide rotational grazing and all have good water sources.  The access to this property is excellent, but the setting feels as secluded as anyone could ask for.  Mineral rights are intact and will transfer to the buyer.

IMPROVEMENTS:  The current residence is a 3 bedroom, 3 bath ranch style stucco home build in 1964 with 2117 square feet of finished living area, and a large attached 2 car garage.  The classic western ranch interior has a very warm and inviting feel.  The living/dining room is HUGE with 2 fireplaces, plenty of room to entertain, and a wonderful scenic view.  You can step right outside onto a 23' x 24' covered patio to grill or enjoy the view.  All three bedrooms sit on the east side of the house, with a hall bathroom and a master bath.  The large open kitchen has plenty of room for a breakfast table.  All appliances will stay with the property.  The big laundry/mud room is also equiped with a bathroom.  The home was remodeled very tastefully in 1999.  The exterior of the home is nearly mainenance free with the stucco siding and metal roof.  Other improvements include an 80' x 30' metal building with storage, grain room, and tack room, pipe livestock pens, and a loading chute.  There are 7 water hydrants around the house and barn.

LEGAL DESCRIPTION:  The South Half of Section 28, Township 31 South, Range 6 East of the 6th P.M., Cowley County, Kansas.  Subject to public road.

2013 REAL ESTATE TAXES:  $2796.28.

TERMS:  Earnest money will be $75,000 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 July 28, 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.