LAND AUCTION!------ On behalf of the Datha Burke Revocable $99,999,995

Acreage Off Market

LAND AUCTION!------ - - On behalf of the Datha Burke Revocable Trust, our company is honored to present this 331+/- acre tract of a good tract of grassland with oil production located in Woodson County, Kansas to the public. Thelive auction will be held at 7:00 P.M. on September15th, 2022 at Bressner Hall, 711 S. Fry St., Yates Center, KS.------ - - This Woodson County tract totals 331 acres more or less and is a fine representation of our legendary Kansas native grass that puts pounds on the cattle during the heat of the summer. It offers a nice mix of Big Bluestem, Indian, Switch, and Little Bluestem that possess the summer heat tolerance that Kansas native pastures are known for as well as oil production. This tract is ideal for cattlemen who want to take advantage of this prime grazing land with adequate perimeter fences accompanied by cattle guards at both south entrances. Water is plentiful throughout this tract with two ponds and a creek meandering through the property.------ - - The location of this parcel is ideal for the cow/calf producer or yearling operations, giving you the advantage to market your Livestock with scales located just 3 miles away. Another advantage for the cattle operator is the marketing of your pot loads with Superior Livestock or other livestock markets within 45 min or less in multiple directions.------ - - Kansas Geological Survey records show that oil production in 2020 totaled 812 barrels per year. In 2021, however, total production dropped to 444 barrels annually, as fewer wells were running due to lower oil prices. The Seller's mineral rights interests shall transfer to the Buyer.------ - - If you've been waiting for an opportunity to expand your cattle operation or investment in land and oil, you'll appreciate the diverse income stream this property provides. Please give Charly Cummings to set up a tour.------ - - Driving Directions: From the junction of Highway 54 and 75 in Yates Center, KS, drive 2 miles south on Highway 75 and turn west on 90th Rd. Proceed 1.5 miles and the property is on the north side.------ - - Brief Legal: A tract containing 331 acres more or less located in the E 1/2 of Section 21, Township 25, Range 15 of the 6th P.M. Woodson County, Kansas.------ - - Earnest Money: $30,000.00 due on the day of the auction.------ - - Mineral Rights: The Seller's mineral interest transfers to the Buyer.------ - - Lease interest: This property sells subject to a 2022 grazing lease. The Tenant shall have the rights to graze said cattle until October 20, 2022. All proceeds of the 2022 grazing lease shall be retained by the Sellers.------ - - Closing and Possession: Closing shall be on or before October 21st, 2022. Possession date shall be at closing subject to 2022 grazing lease if closing before October 21st, 2022.------ - - 2021 Property Taxes: $1,620.07 - - ****For additional property information please visit our website and click on the "downloads" tab located above the slideshow****