Bought with BrendaL Doudican • Midwest Land Group
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00000 26000 Rd Parsons, KS 67357
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Key Details
Sold Price $2,243,000
Property Type Vacant Land
Sub Type Land, Ranch, Farm 20+ Acr
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 235255
Sold Date 09/27/24
Originating Board sunflower
Annual Tax Amount $4,371
Lot Size 470.000 Acres
Acres 470.0
Lot Dimensions 470 acres
Property Sub-Type Land, Ranch, Farm 20+ Acr
Property Description
This 470 +/- acre farm has been in the O'Brien family for four generations and January 30, 2024 marked the 140th anniversary of the 1884 purchase. Farms of this size with all contiguous land that have been well-maintained for almost a century and a half rarely come up for sale. The owner has recently retired and is looking for a party that appreciates the values of family farming and long-term stewardship of the land and its many elements to carry forward. The O'Brien family farm is a mixed-use operation, raising cash-grain crops (corn, wheat, and soybeans raised on 283 +/- cropland acres), cattle (two pastures totaling 79 +/- acres), three virgin prairie hay meadows (59 +/- acres, undisturbed from frontier homesteading times in the 1860s), natural gas production, logging, along with hunting and fishing activities. The current operation of the farm involves sharecropping the cash-grain crops and haying operation, cash rental of the two pastures to the sharecropping partners, and natural gas production. The farm also supports occasional logging activities that harvest trees along the Little Labette Creek that runs through the northeast part of the farm. Over the past five years, the average profit generated for the sharecropping partnership and related operations has been over $110,000/year with about 1/3 of this profit going to the owner and 2/3 going to the farm operator. Request for Proposal accompanied with all and any offerings. All mineral rights intact.
Location
State KS
County Labette County
Zoning RA-1 Agriculture
Direction Head west from Parson, KS on 400 HWY. Turn on Kiowa Rd. Continue 2 miles to 26000 Rd. Turn west and continue 2.5 miles. Property location on the south.
Interior
Fireplace No
Exterior
Fence Barbed Wire, Cross Fenced
Street Surface Asphalt,Gravel
Farm Livestock,Horse,Grain,Pasture,Grass,Tilled
Building
Faces Head west from Parson, KS on 400 HWY. Turn on Kiowa Rd. Continue 2 miles to 26000 Rd. Turn west and continue 2.5 miles. Property location on the south.
Schools
Elementary Schools Other Schools
Middle Schools Other Schools
High Schools Other Schools
Others
Tax ID R7410
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