Auction: 340th St. & R Rd. - Tract 1, Madison, KS 66860

Auction: Gilbert A. Soule Rev. Trust - Tract 1 - 12/1/22

This beautiful native grass Flint Hills parcel with build site is located in northwest Greenwood County, 5 miles from both Chase and Lyon Counties. The property totals 160 acres more or less and is composed of excellent quality native grass pasture along with a build site with pens and access to utilities. This property has received good care through the years and is in great condition, ready to go to work within your cattle operation. ----- This property is located southwest of Madison, 6 miles west of HWY 99. Access to the property is good with gravel roads running along both the northern and eastern borders of the property. This tract has a beautiful gentle roll to it with excellent Flint Hills views in all directions. The parcel is primarily composed of clean native grass pasture that is in good condition. Pasture acreage on the tract includes a robust stand of good quality warm-season native grasses with minimal brush and weed pressure present. Fences are generally of average to above average quality with the northern fence being in excellent condition and the western, southern, and eastern fences being in average to slightly above average condition. The pasture acreage on the property has good water availability with three primary ponds located on the tract (one additional small pond that is currently dry). Overall, this is an exceptional pasture unit for the area that has been well cared for and is in good condition ready to pack pounds onto your cattle.----- In addition to the quality grazing attributes the property possesses, it additionally includes an attractive build site. The site currently includes an active electric meter and until recently included a rural water meter. According to Greenwood County Rural Water District #3, the meter could be put back onto the property in its prior location for a fee of $3500. Please contact the rural water district at 620-437-7887 to confirm water meter availability and capacity. The build site includes an approximately 2500sf machine shed, multiple smaller loafing/tack sheds, pipe pens and a 1970's double-wide. The dwelling on the property is in poor condition and sells in its current state. This structure does sit on a full basement. The pens on the property are of pipe construction and are primarily in good shape. The pen area includes three primary large pens along with additional sorting pens and covers an area roughly 450' x 150' in size (roughly 1.5 acres). The build site on the property would make an excellent location to build a home with expansive views to the east and would make a great location for a headquarter site for your cattle operation.----- Whether you are a cattle producer looking to add a top shelf grazing unit to your operation, are an investor looking for a desirable unit that is highly rentable, or are solely an individual looking for a location in the Flint Hills to build your forever home you won't want to miss your opportunity to purchase this quality parcel. Please call 620-437-7340 today to set up your property tour!------ ***This is Tract 1 of 320 acre auction with three total tracts.----- Earnest Money: $30,000----- Possession: The property is leased through the end of 2022. Full possession will be January 1st, 2023 or after closing, whichever is later.----- Taxes (2021): $797.00----- Brief Legal: NE4 of Section 36-22S-10E of the 6th PM; Greenwood County, KS----- Driving Directions from Madison: Head south on 99 HWY for 1 mile to 350th St. Go west on 350th St for 6 miles to Rd R. Go south on Rd R for 1 mile and you will be at the NE corner of the property. Auction Date and Time: Live Auction will be held December 1, 2022 at 6:30 p.m. at the Sauder Center (110 S. 1st St.) Madison, KS.