Auction

Hodges Trust - Tract 2

October 1, 2024

Lebo

, Kansas

77+/- Acres

24th Rd, Lebo, Kansas 66856
77.00 +/- Acres

Property Description

Vaughn-Roth Land Brokers proudly presents these Lyon and Coffey County parcels on behalf of the Dennis D. Hodges and Peggy D. Hodges Revocable Trust. Each tract features a good location with minimal waste and is free from the peripheral distractions often sought by recreational buyers. Instead, the focus is on productive land use, whether for grain production or other forms of agriculture or possibly for a homesite on Tracts 2 and 3. Tract 3 also boasts substantial oil production with all mineral rights and interests possessed by the Seller, including the Operator Interest on both the subject property and adjoining properties, transferring to the Buyer. These parcels are perfect for those looking to expand their farming operations or investors seeking reliable, income-producing land. These properties are all business!

This live auction will be held at the Hartford Community Building located at 117 Commercial St., Hartford, Kansas on October 1st , 2024 at 6:00 P.M. This will be an absolute auction with the properties selling to the highest bidder without reserve.

Tract 2 totals 77 acres more or less including the right-of-way to the center of the County road. Located south of Lebo at the intersection of 24th and Iris road, 5 miles southeast of Lebo, this is another highly efficient parcel with 71.01 acres of cropland according to FSA records. The soil types on this parcel are composed of good Class 2 Aliceville silty clay loam with 1-3% slopes (36 acres), Summit silty clay loam with 1-3% slopes (21 acres) and Kenoma silt loam with 1-3% slopes (20 acres).

Due to proximity to area towns and utilities, this parcel would also make an excellent prospect for those looking for a rural homesite. At the intersection of 24th and Iris Rd, there’s an electric line and according to Coffey County Rural Water District #3, there’s a rural water line located there as well. For information on rural water costs and capacity, please contact Coffey County RWD 3 at 620-364-8099. Commutes to jobs and amenities of town aren’t far away with this property being situated less than 7 miles the I-35 corridor at Lebo that provides easy drives to Emporia (23 miles), Kansas City metro (70 miles) and Wichita (101 miles).

Auction Details: Live Auction to be held at 6:00 p.m. on October 1st, 2024 at the Hartford Community Building located at 117 Commercial St., Hartford, KS.

Legal Description: The Fractional South 1/2 of the Southwest 1/4 in Section 19, Township 19 South, Range 15 East of the 6th P.M., Coffey County, Kansas. 77 acres, more or less.

Driving Directions: From Lebo, take Fauna Rd. south for 2 miles to 24th Rd. and turn east. Proceed 3 miles to Iris Rd. where the property is northeast of the intersection of 24th & Iris Rd.

Taxes: $816.64

Earnest Money: $30,000.00 due on day of sale.

Closing: Closing shall be on or before November 4th, 2024.

Possession: Possession shall be after harvest of 2024 soybean crop. Seller is to retain lease proceeds.

Area Information:

Coffey County offers a tranquil, rural lifestyle with affordable housing and land opportunities with natural beauty, and a slower-paced way of life. Located in east-central Kansas, Coffey County is positioned along major highways, offering convenient access to larger cities like Topeka, Wichita, and Kansas City, which is about 85 miles northeast.

Coffey County is home to around 8,000 residents, with Burlington serving as the county seat and the largest town. The rest of the county consists of smaller towns and rural areas, each providing a peaceful, country-style living environment. The county is known for its strong sense of community, with residents taking pride in their agricultural roots and outdoor recreational opportunities.

The area’s charm is enhanced by its connection to nature, including access to John Redmond Reservoir and Melvern Lake, which offer excellent fishing, boating, and camping options. Coffey County’s proximity to these natural attractions makes it popular for outdoor enthusiasts while maintaining a welcoming, community-centered atmosphere.

Weather Highlights

Rainfall: The average annual rainfall for Coffey County, Kansas, is approximately 38 to 40 inches. Like much of eastern Kansas, Coffey County receives most of its rainfall during the spring and summer months, with May and June typically being the wettest. This level of precipitation supports the county's agricultural activities and contributes to its fertile soil and lush landscapes.

Affordable Cost of Living

Housing: Coffey County offers affordable housing options, with home prices and rental rates generally lower than the national average. This makes it easier to own property or rent without the financial strain often seen in larger cities.
Overall Expenses: The cost of groceries, taxes, utilities, and other essentials is also lower, making it an attractive option for those looking to stretch their budget further.
Taxes: Coffey County has some of the lowest real estate taxes in the State.

Small-Town Charm and Community

Tight-Knit Community: Coffey County's small-town atmosphere fosters a sense of belonging and camaraderie.
Safe and Peaceful: The area is known for its low crime rates and peaceful environment, making it a great place for families seeking a quiet, safe place to live.

Access to Nature and Outdoor Activities

Parks and Recreation: John Redmond Reservoir is one of the key attractions in Coffey County, providing excellent opportunities for boating, fishing, and camping. The surrounding wildlife areas are ideal for bird watching, hiking, and nature photography.
Scenic Beauty: The county's rural landscape provides beautiful, serene views, perfect for those who enjoy being surrounded by nature.

Strong Educational Opportunities

Quality Schools: The county's public schools are known for their commitment to education, with a focus on student achievement and community involvement.
Community College Access: Coffey County is within driving distance of several community colleges and universities, providing opportunities for higher education without having to relocate.

Job Opportunities and Economic Stability

Energy Sector: Coffey County is home to Wolf Creek Generating Station, a major nuclear power plant that provides jobs and economic stability to the region.
Agriculture: The local economy is also supported by agriculture, offering opportunities for those interested in farming, ranching or related agribusiness.

Healthcare and Services

Coffey County Hospital: Located in Burlington, the hospital provides essential healthcare services, including emergency care, surgery, and rehabilitation. The county is also home to several clinics and medical professionals, ensuring residents have access to quality healthcare.
Senior Services: Coffey County offers various services for seniors, including community centers, meals, and transportation, helping to create a supportive environment for older residents.

Convenient Location

Accessibility: While Coffey County offers a peaceful, rural lifestyle, it’s still within easy driving distance of larger cities like Topeka, Wichita, and Kansas City. This makes it convenient to access urban amenities, such as shopping, dining, and entertainment, while enjoying the benefits of small-town life.

Less Traffic and Lower Stress

Relaxed Pace of Life: Living in Coffey County means less traffic jams and a slower, more relaxed pace of life. This can be ideal for those looking to escape the hustle and bustle of big cities.

Potential for Growth

Development Opportunities: The area is growing, and there are opportunities for investment in real estate, business development, and community projects. If you're looking to be part of a growing community, Coffey County has potential.