Offering 105 Surveyed Acres T51N – R27W – Section 25
42 acres m/l as Tillable 63 acres m/l as Timber, Draws, and Recreational Land
Physical address for the purpose of GPS location: 14699 HWY 24, Lexington, MO 64067
This sale description was copied from EstateSales.NET on 12/11/2017 (56-136-1:10:54 PM). Please check there for accurate up-to-date information (22-23).
Location: Farm is on the East edge of the Lexington City Limits. It is 1 mile east of the HWY 13 and HWY 24
overpass and is not in the city limits. It is fronted by HWY 24 on the South and Dwarf Lake Rd. on the East.
Mo-Dot has granted an entrance determination for access to the field on the west side of the property from
HWY 24. The new buyer will be responsible for this ingress/egress entrance and protocol for the Missouri
One-Call 800-344-7483 for buried lines and cables. An entrance permit will be required by the new owner.
East side access Field access is on the NE corner of the property along Dwarf Lake Road. This access
needs to widened to accommodate larger machinery.
Selling Method: Land will sell by the Dollar Value per Acre and multiplied by 105 Surveyed Acres to
determine the final selling price.
Contracts: We will write the land sale contract immediately following the conclusion of the auction.
Showing: This property can be seen along HWY 24 on the South and Dwarf Lakes Road on the East.
Feel free to view this 105 acre parcel at your leisure via walking or XUV vehicle only. Please be respectful of the private property, home and outbuildings that are NOT included in the offering. Please do NOT TRESPASS on the private property, NOR contact the OWNER. Seller is not responsible for accidents while viewing the property.
Hwy 24 Field Entrance
US24 is not limited access in this area, so all that is needed is a permit for the construction of the field entrance. I have located a spot that meets our sight distance requirements on top of the hill. The center of the entrance should be
where the fiber optic cable marker is placed. The new owner shall contact me or someone at MoDOT to obtain a permit to install this entrance. No pipe culvert will be necessary at this location. New owner will need to work with the utility companies to adjust any utilities necessary to build the entrance. Missouri Department of Transportation, Lees Summit Office, Permit Department, Vernon Koch 816-607-2190.
Tenant Agreement: There are no tenant agreements in place for 2018 crop year.
Special Note: An additional 41 acres m/l of contiguous farm ground will be available via a rental agreement for the tenant or landowner that farms the purchased Hicklin farm ground. This rental agreement for the additional 41 acres m/l of farm ground will be between the buyer or tenant and the owners of the ground.
The current tenant for 2017 would like to submit a proposal to continue farming the ground in the case
where a non-farming buyer is the purchaser.
Farm is enrolled in the USDA/FSA Price Loss Coverage for both Corn and Soybeans
Base Acres are currently divided equally @ 31.71 acres for both Corn and Soybeans totaling 63.42 acres.
Past Crop Yields:
2014 - Corn @ 228 bu/acre Soybeans @ 50 bu/acre
2015 - Corn @ 163 bu/acre Soybeans @ 56 bu/acre
2016 - Corn @ 203 bu/acre Soybeans @ 54 bu/acre
2017 - All acres in Soybeans @ 45 bu/acre
All yield history is from the entire tillable acreage farmed by current & past tenants.
Water: Rural Water District #2 would service the property but there is not a meter or rural water currently on
KCPL Utilities would service the property but are not currently on the property.
Lexington R-V School District
Taxes: Seller is responsible for the 2017 Taxes and the new buyer will assume the 2018 taxes and beyond. Taxes for 2016 totaled $1715.10 and included acreage of 141, the Hicklin home, outbuildings, and Tabo Watershed. Taxes for the 105 acres will be considerably less for 2018 but yet to be determined by the Lafayette County Assessor.
The Land: The Hicklin farm ground, 42 acres m/l is productive and has been well cared for. The tiling and terracing in place has proven very beneficial. The tillable land is easy to farm and accommodates large machinery. Its location and access to convenient grain markets are assets regardless of the size of your operation. The crop yield history presented in this prospectus is comparable to or exceeds most grain production in Lafayette County. The soil type for the tillable land is rich and deep. It is located along the Missouri River Corridor that receives valuable rainfall during the growing season when other areas do not. Whether you are looking to buy a small land parcel with farming as a means to service the debt on your recreational land or if you wish to add more land to your portfolio, the crop land in this farm will prove rewarding.
63 acres m/l of unique recreational land makes up the balance of the Hicklin farm that will sell at auction.
These 63 acres m/l mirrors the landscape in the movie “Ride with the Devil”. Hunters over the years have
enjoyed the harvest of trophy deer, turkey, quail, and mushrooms. For the horse lovers, trail riding could
be scenic, exciting, challenging and rewarding. The deep draws, terrain, and drainage lends itself to future
lake possibilities for fishing and waterfowl.
The Cemetery & Mausoleum: Not included in the land sale but on the North end of the tillable acres is the
family cemetery. .28 acre around the cemetery has been surveyed and will remain with the property of
the homestead. A 12 ft. wide ingress/egress easement from the homestead property to the cemetery is in
place. It is marked on the survey presented in this prospectus.
Timber: The timber is completely in tact. Two recent bids to harvest the timber were submitted to the
Trustee. It was determined the standing mature timber consisting of Red Oak, White Oak, Hickory,
Cottonwood, Basswood, and Walnut was abundant and if available for harvest, would secure from $25,000
to as much as $50,000 in revenue depending on how much of the timber was selected. A determination
to leave the timber as it stands and allow the new purchaser the option to either reap financial
rewards with a harvest or keep the pristine hunting ground and landscape in place for recreational
and wildlife benefits.