1st Road
Leroy, KS 66857
- – beds
- – baths
- – sqft
- ~481 acre lot
- – on site
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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.
Last checked:
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Last updated Apr 13, 2025
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MLS# 2406354 —
Financial & Terms
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Listing Terms:Cash, Conventional, 1031 Exchange
Location
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Directions:From Leroy Ks, take highway 58 east, go south on underwood rd 1 mile, it will turn into 3rd rd and you'll take that east 1 mile to Verdure rd go south 1.5 miles to 1st lane .5 mile. Property will be on the east side of the road.
The Property
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Property Type:Farm
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Property Subtype:Land
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Parcel Number:999999
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Lot Size SqFt:20952360
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Lot Size Area:481
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Lot Size Units:Acres
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Zoning:ag
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Current Use:Agriculture
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Possible Use:Agricultural
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Road Responsibility:Public Maintenance
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Road Surface Type:Gravel
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In Flood Plain:Unknown
Listing Agent
- Contact info:
- Agent phone:
- (620) 794-1229
- Office phone:
- (913) 674-8010
Taxes
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Tax Total Amount:4606
Utilities
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Sewer:No Sewer
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Water Source:No Water
Schools
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High School District:Burlington
The Community
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Subdivision Name:Other
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Association:false
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Association Fee Frequency:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/21/23
Feb 21, 2023
|
Sold | HMLS | $2,284,750 | |
|
2/15/23
Feb 15, 2023
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Pending | HMLS | $2,284,750 | |
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12/14/22
Dec 14, 2022
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Price Changed | HMLS | $2,284,750 | -7.8% |
