Leroy, KS 66857,1st RD
Leroy, KS 66857,1st RD
Leroy, KS 66857,1st RD
56
Listed by Cody Thurston • Midwest Land Group LLC
$2,284,750
$2,284,750
Est.Price: ?

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481 Acres Lot

1st RD Leroy, KS 66857

Est. payment /mo
SOLD DATE : 02/21/2023

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Key Details

Sold Price $2,284,750

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 2406354

Sold Date 02/21/23

Annual Tax Amount $4,606

Lot Size 481.000 Acres

Acres 481.0

Property Sub-Type Land

Source hmls

Property Description

idwest Land Group is proud to present this very rare, highly tillable farm of 481 acres of Class II and III Fertile Neosho River bottom crop ground. Located in southern Coffey County just 2 miles off of Highway 58 sits this 481 acre farm of rich Neosho bottom ground tillable. Of 481 surveyed acres there are 458.31 that are in tillable production and currently have a strong cash rent agreement with a very reliable and topnotch tenant.


The 2022 crop is currently planted with a healthy stand of soybeans. The soil consists of 291 acres of class II Verdigris silt loam, Osage silty clay, and Lanton silty clay loam, along with 190 acres of class III Osage Silty clay, they will be sure to produce above-average yields year after year. This particular tract is far enough away from the Neosho River that you won't have to worry about flooding but close enough to have rich soils. This spring the current tenant applied 2.5 tons of lime per acre and spent $10,000 to improve the drainages to make this a top-notch tillable farm and help improve production.

After row crops are harvested the superb no-till tenant typically plants a cover crop to improve the farm and soil. Cover crops improve the quality of the soil, stability, nutrient retention, decrease soil loss and runoff, and fights erosion. The current tenant is consistently improving the quality of this tract.

Location

State KS

County Coffey

Zoning ag

Interior

Fireplace N

Building

Sewer No Sewer

Water No Water

Schools

School District Burlington

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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Heartland MLS KS / Southeast Kansas AOR

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Kevin Holmes

Kevin Holmes

Agent | License ID: 2018032948

+1(913) 553-0539

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