80 Acres Tillable, Hay Meadow, Creek, Trees & Oil Income Between Benton & Potwin, Butler County, Kansas
Donald C. Harder Estate, Seller
PROPERTY DESCRIPTION: 80 acres of diverse land between Benton, Whitewater, Potwin & Towanda in Northwest Butler County, Kansas. There are approximately 51.5 acres tillable farm ground, 5.5 acres of hay meadow, and the balance is creek and trees. The mineral rights, along with a 1/8 royalty interest will transfer to the buyer. Total oil production in recent years has been 2022 – 1077 barrels, 2021 – 1104 barrels, 2020 – 1028 barrels, 2019 – 999 barrels, 2018 – 908 barrels, 2017 – 935 barrels, 2016 – 1161 barrels.
LEGAL DESCRIPTION: The North Half of the Northwest Quarter Section 2, Township 25 South, Range 3 East of the 6th PM, Butler County, Kansas.
EARNEST MONEY: $50,000
2022 REAL ESTATE TAXES: $674.90
LAND LOCATION: From HWY 196 between Whitewater and Potwin, 1/4 mile south on NW Indianola Rd.
REAL ESTATE PURCHASE CONTRACT
PRELIMINARY TITLE SEARCH REPORT
FSA MAP
SOILS MAP
OIL RENDITION SHEET
ONLINE BIDDING AVAILABLE FOR THIS AUCTION, CLICK THE BUTTON BELOW
TERMS: The successful high bidder shall be required to sign the real estate purchase contract linked above and be purchasing the property subject to the preliminary title search report also linked above. Non-refundable earnest money is specified above and due at the conclusion of the auction for each tract, and the balance shall be due upon Sellers submission of merchantable title and closing. Closing date shall be on or before July 10, 2023. 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 selling “as is”, not subject to financing, inspections, or appraisal. 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. Boundary lines, acreages, and fence lines are not guaranteed. All pertinent information is available upon request. It will be your bid times 80 to arrive at the contract price.
Share this:
