Osage County, Kansas Land Auction, Tract 29 – 281 Acres Pasture, Pond, and Timber North of Melvern Lake

Brenda J. Lyman Trust, Seller

PROPERTY DESCRIPTION: 281 acres of pasture, ponds, and timber lined draws located between Lebo and Osage City, Kansas just north of Melvern Lake. Past utilization has been for livestock grazing and hay meadow. Water is provided by three ponds. Great access and location, blacktop frontage, and some hunting and recreation value! Invest In Land!

LEGAL DESCRIPTION: The Northeast 1/4 and the Southwest 1/4 of Section 3, Township 18 South, Range 14 East of the 6th P.M., except a tract of land for road purposes along the North side described as follows, to-wit: Commencing at the Northwest corner of said quarter-section; thence South on the section line 152 feet; thence East 30 feet; thence Northeast to a point 52 feet South and 159.2 feet of the point of beginning; thence East 775 feet to a point 53.6 feet South of section line; thence South 10 feet; thence East to a point on the East line of said quarter-section 66.53 feet South of the Northeast corner; thence North 66.53 feet to the section line; thence West along said section line to the place of beginning and except land taken for the Melvern Reservoir Project in Book M 10, Page 973.

LAND LOCATION: From Reading, east on HWY 170 5 miles to the property.

KANSAS DEER MANAGEMENT UNIT: 14

2021 REAL ESTATE TAXES: $1,013.42

PRELIMINARY TITLE SEARCH REPORT
REAL ESTATE PURCHASE CONTRACT

TERMS: Earnest money amount is $50,000 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 March 4, 2022. 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, 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. All pertinent information is available upon request. All announcements made the day of the auction take precedence over any other announcements or printed material.