Lebanon Community Center, 422 Main Street - Lebanon, KS 66952
Real Estate Location: From the Junction of HWY 36 and 181 South of Lebanon, KS. 4 Miles South to 200th Rd, 1 Mile West to AA Rd. then North ¼ Mile to SE corner of the property.
Legal Description: SE ¼ x NE ¼ & NE ¼ x SE ¼ in 8 – 4- 11 Smith Co., KS.
General Description: Approximately 80 Acres of Tillable Ground, Total Cropland is 78.16 acres.
Bases:
Wht. 21.50 PLC Yield 52
Corn 12.2 PLC Yield 120
Grain Sorghum 10.6 PLC Yield 84
Soybeans 14.50 PLC Yield 35
Taxes: 2025 Taxes $922.54 paid by the Seller. 2026 and subsequent taxes paid by the Buyer.
Mineral Rights: Are believed to be intact and will sell with the property.
Terms: 10% down day of auction, balance due upon closing and receipt of a marketable title as evidenced by Title Insurance. Certified Funds will be required at Closing
Title Insurance and Closing Costs: Buyer and Seller will each pay ½ of the Title Insurance and Closing Costs.
Possession: Immediate on all acres upon closing. Approximately 38 acres are planted to wheat. Possession of the planted acres will go to the buyer. Buyer will be responsible for the expenses on the planted acres to be paid at closing. The expense amount will be disclosed on day of auction
Crop Insurance: Will be transferred to the Buyer upon closing. The premium is $188 with a Guaranty of $8,269.00 through Agriculture Solutions
Closing Date: On or before April 23, 2026
Closing Agent: Collier Abstract and Title Co., Inc. Smith Center, KS.
All information was obtained from the Smith County Treasurer’s Office and is believed to be correct and true, however neither the Auction Co. nor the Sellers make any guarantees expressed or implied. Prospective Buyers are to make themselves aware as to the boundaries, easements, right of ways, etc. concerning the property. Wolters Auction, Jim Wolters, broker is the agent for the Seller and the Seller only. Announcements made day of auction take precedence over printed material.
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