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$609,025   Price Analysis
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Highway 99
Madison, KS 66860
Unknown bed 0 bath unknown SqFt ($0/SqFt)
143.0 acre lot.
Listed 2024-05-17
Ⓧ USDA Ineligible
due to property

near Kenbro

This highly attractive Flint Hills build site is located near the Greenwood/Lyon County line between Madison and Olpe.

The property offers a extraordinary location for building your forever home with excellent access combined with all the seclusion and joys country living has to offer. With rural water, electrical and fiber internet lines running along the edge of the property, paved road access, strong income from high CRP payments, grazing for your cattle and horses and good hunting opportunities this offering truly has it all! The parcel totals 143.3-acres in size and is located approximately 5-miles south of Olpe and 3-miles north of Madison along HWY 99. The parcel lays gently to moderately rolling with 65' of topography change and is located in a pleasing area north of the Verdigris River Valley with excellent Flint Hills area views. The parcel includes a nice combination of CRP ground with mixed grasses, clean native grass pasture, timbered draws and access to utilities providing excellent opportunities for the ag producer, outdoor enthusiast and those looking for a charming location to build their dream home in the country. For those looking to build in the country this parcel is a great candidate and shouldn't be overlooked. The property has great paved road access with HWY 99 running along the entire western border of the property (Rd 20 also runs along the northern border of the property). The tract lays between Olpe and Madison which both offer good small schools for those with kids and is conveniently located within a 15-minute drive of Emporia for those working in town. Rural water, electrical and fiber internet lines are all located along HWY 99 on the western side of the parcel providing all the needed utilities for a successful home build.

Whether you want to build on the front side of the parcel near the highway or build on the beautiful hill overlooking the pond on the backside of the parcel this tract offers multiple beautiful locations to build your future home and has utilities easily accessible. For ag producers and investors this trac t offers great potential as well. The property includes both CRP and pasture acreages providing good income and utility. CRP acreage on the property has an excellent payment with a long contract term offering great income for many years to come. CRP acreage totals 88.67-acres with a strong annual payment of $80.64/acre which totals $7150/year (typical CRP payments in the area are $50-$60/acre) and a phenomenon contract term running another 13-years through the fall of 2037. CRP grass is in good condition having all been sprayed and hayed in 2022 and half of it hayed again in 2023. In addition to the CRP acreage on the parcel the property includes a beautiful 35-acre pasture in the back half of the tract. The pasture includes primarily average to above average quality fencing (with exception to southern fence), beautiful rolling topography, a nice pond and clean native grasses that have been well cared for. This area is an excellent area for those looking to run cattle or have horses. In addition to the excellent potential for a build site and the strong agricultural aspects the property possesses the tract also includes great hunting opportunities with deer, turkeys and quail frequenting the area. The property is located in a strong hunting area lying north of the Verdigris River Valley with a draw running directly into this tract from the Verdigris River Valley to the south. Additionally, Kelly Branch Creek is located 1/2 mile west of the property and Tate Branch Creek is located 3/4 mile east of this property. These are both major creek branches running off of the Verdigris River with lots of deer passing through the subject property trveling between two creeks. You aren't going to want to miss your chance to purchase this highly attractive Lyon County parcel. With rural water, electrical and fiber internet lines running along the edge of the property,


Presented by Cameron Roth at
Vaughn-Roth Land Brokers.


Property MLS #11280507 from MyStateMLS

1

Lot Size Acres: 143.0
Lot Size Square Feet: 6229080

Annual Tax Amount: 914
Source Listing Status: Active
County: 20073
Directions: Driving Directions from Olpe: Head south on 99 HWY for 5-miles and the property is located on the east side of the road at the intersection of 99 HWY and Rd 20. Driving Directions from Madison: Head north on 99 HWY for 3-miles and the property is located on the east side of the road at the intersection of 99 HWY and Rd 20.
Source Property Type: Vacant Land
Source System Name: C2C

Listed 2024-05-17
$609,025
MyStateMLS

Madison Elementary School is a public elementary school located approximately 4 miles away.
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Madison High School is a public middle and high school located approximately 4.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.