Auction: Holloway Tract 4 – 307+/- Acres
Vaughn-Roth Land Brokers presents four high-quality tracts on behalf of the Noel and Holloway families. These families are long-time clients of ours and we greatly appreciate them entrusting us with this offering. Being the final properties in their Kansas farm holdings, they’ve truly saved the best for last as their beauty, quality and upside potential can't be overstated. Neosho Valley tillable, Native hay meadows, tame-grass pastures, hardwood timber and development appeal are all attributes featured here.
Tract 4 is a combination of Tracts 2 and 3 and totals 307 acres more or less and will find interest from multiple buyer types. The bid amounts of Tract 2 and Tract 3 will be totaled and an additional $20,000.00 will be added to that total which will be the starting bid price of Tract 4. Multi-use ag operators, speculators, developers and waterfowlers should all find a fit here. Located on the west edge of Burlington, this property is composed of cropland, Native grass, a pond, a substantial drainage that carries a large amount of water through the north end of the property, originating from the backslope of John Redmond dam and a set of cattle improvements. There are some of these improvements that are not permanently affixed and will be removed by the Tenants to whom they belong. The south end of the property is bordered by the paved 12th Rd. which is the main artery running west out of Burlington. The total tillable acres on this parcel is approximately 80 acres with soils consisting of predominantly good Class 2 Woodson Silt Loam with a small amount of Class 2 Dennis silt loam near the east boundary. Please refer to the soil map below to view the soil types.
The balance of the property is composed of a mix of tame and native grass pasture and a hay meadow. Total hay meadow on this tract is 28.73 acres according to FSA records and total fenced pasture is 198.84 acres. The fenced portions of this tract are surrounded by barbed wire fences rated adequate to excellent. Water is provided by a large pond, that while showing the effects of the extreme 2023 drought, typically will cover about 2.5 acres in normal precipitation years. There’s also a good creek drainage running through the property that drains adjoining fields to the west and the John Redmond dam area. Additional water is provided by a water well that's hooked to an automatic waterer.
Waterfowlers should not overlook this tract for possible wetland development. Due to close proximity to the rarely frozen lake at Wolf Creek Generating Station, John Redmond Reservoir and Flint Hills National Wildlife Refuge as well as the Neosho River, this is a highly used area by migrating ducks and geese. With the amount of water that flows through this tract, it definitely carries some great waterfowl potential with further development.
Finally, prospective buyers should consider upside potential and future appreciation due to the location just west of Burlington. While there are parts of this tract that are in the floodplain, there’s quite a bit of it that are not. Please refer to the floodplain map below to see how it affects this property. Due to what seems like a constant lack of housing in Coffey County and expected demand in the coming years driven by new Wolf Creek employees replacing retiring ones as well as prospective new industry, the portions out of the floodplain might make sense to develop. The location affords short drives of less than 5 minutes the amenities of town including the grocery store, schools, medical clinic and restaurants. If you’re an investor or speculator betting on the come, we’d be happy to introduce you to the long-time farm tenants who have done a good job taking care of this tract. This could provide some income while awaiting development and assist in retaining an attractive agricultural property tax rate as long as possible.
Disclosure: This property sells subject to a hunting lease that expires February 11th, 2024.
Brief Legal Description: The W 1/2 LESS W640' S797.8' in Section 21, Township 21 South, Range 15 East of the 6th P.M., Coffey County, Kansas. 307 acres, more or less, including Right-of-Way.
Driving Directions From Burlington: Head west on Kennebec (which turns into 12th Rd) for 1.5 miles. The property begins on the north side of the road.
Minerals: The Seller’s mineral interest transfers to the Buyer.
2022 Taxes: $1,704.84
Closing and Possession: Closing shall be on or before December 20th, 2023. Possession of all parts of the property other than the pastured portions shall be at closing. Possession of the pastured portions shall be on April 2nd, 2024.
Earnest Money: $60,000.00 due on the day of auction.
Dynamic Closing of Bids:
Tract 2: Noon
Tract 3: 2:00 P.M.
Tract 4: 4:00 P.M.