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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2338782
Sold Date 09/28/21
Annual Tax Amount $4,229
Lot Size 240.630 Acres
Acres 240.63
Property Sub-Type Land
Source hmls
Property Description
Located in Northwest Mitchell County just a few miles North of Glen Elder, this piece of dryland tillable is prime for production and investment. With road frontage on the East, South, and West sides, access is outstanding. FSA fields show ~225.49 acres in production with the balance being in waterways and one small patch of timber. The property is terraced and has a bean crop in the ground currently. The farm is leased on a cash rent basis verbally of $16,000/year coming out to ~$70/acre and is year to year. Taxes in 2020 were $4,228.66 and the legal is S2 N2, N2 SE4 of 3-6-9. This piece of ground provides an outstanding opportunity for the investor looking at an inflation hedge with a return in a great location or the current operator looking to expand their operation.
Location
State KS
County Mitchell
Zoning Ag
Interior
Fireplace N
Building
Sewer No Sewer
Water Unknown - Verify
Schools
School District Other
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