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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Other
MLS Listing ID 2327577
Sold Date 07/30/21
Lot Size 156 Sqft
Property Sub-Type Land
Property Description
Located Southwest of Dorrance, KS in Russell County, this quarter of ground provides an outstanding opportunity for investment and appreciation. The property consists of 149.9 acres dryland tillable acres and 5.7 acres of native grass in a waterway and old homesite. 75% of the soils are made up of Class II Harney silt loam and crete silt loam with minimal slope. The land has not been farmed for the last 2 years but the tenant has paid the $5,000 cash rent both of those years. He plans to plant a crop for the 2021 season so possession of the tillable will not be given until after harvest. There is one active oil well, a tank battery, and a saltwater disposal system on the property. It is believed that the seller owns ? of the mineral rights and they will pass to the buyer. Total mineral related income for the sellers ? in 2020 was ~$2,845.97. This piece has excellent access on both the East and South sides and pheasants are commonly seen. An electric meter can be found on the East side of the property serving the one operating oil well. Property taxes in 2020 were $2,059.86 and oil taxes were ~$700. This property is the SE4 of section 17, township 15, range 12 and is located 15 minutes from Dorrance, 41 minutes from Great Bend, 45 minutes from Hays, and 39 minutes from Ellsworth. See County for taxes
Location
State KS
County Russell
Zoning Ag
Interior
Fireplace N
Building
Lot Description Acreage
Sewer Unknown
Water No Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Dennis Prussman
Owner, Realtor, Auctioneer | License ID: 2010040934
Owner, Realtor, Auctioneer License ID: 2010040934