NOT LISTED FOR SALE

1454 271st Rd Latham, KS 67072

Estimated Value: $1,301,000 - $1,445,000

4 Beds
3 Baths
2,631 Sq Ft
$522/Sq Ft Est. Value

About This Home

Beautiful 264± Acre Ranch – Timber Creek Area This exceptional 264-acre property offers a rare combination of productive farmland, recreational opportunities, and well-maintained improvements. Featuring approximately 85 acres of tillable ground, the land is fully equipped for both agricultural use and livestock operations. The property includes five stocked ponds with white crappie, bass, bluegill, and sun perch, perfect for fishing and enjoying the outdoors. Three wells provide ample water supply, along with rural water access. The original well is approximately 110 feet deep, and another well by the pond reaches 417 feet. Outbuildings and Improvements: • 50’ x 80’ shop with concrete floor, three overhead doors, two walk-through doors, and a 15’ x 30’ side storage area (no floor, no power) • 42’ x 120’ barn with concrete foundation, 200-amp service, indoor calving pens (6 total) with water and power, and a full-length lean-to • 40’ x 80’ heated shop with concrete floor, 200-amp service, two overhead heaters, and a non-working bathroom • Three additional sheds for equipment or livestock use • Owned propane tank • Pens and cross-fencing throughout, with 50% of the perimeter fence featuring new posts and gates; all cross fencing is brand-new with updated wire, posts, and gates Mineral rights are intact, and hay is negotiable with the sale. This property also offers excellent hunting with abundant wildlife, mature trees, and the scenic Timber Creek runs through the property. Whether you’re looking for a working ranch, hobby farm, or an outdoorsman’s paradise, this property has it all.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2017
Sold by
Schulz Robert R and Schulz Linda L
Bought by
Garrison Michael W and Olmsted Amanda Jo
Current Estimated Value
$1,373,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Outstanding Balance
$357,483
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,015,517
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Garrison Michael W -- Security 1St Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrison Michael W $429,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2026 01/29/26 For Sale $1,475,000 0.0% --
12/10/2025 12/10/25 Off Market -- -- --
11/11/2025 11/11/25 Price Changed $1,475,000 -7.8% --
10/11/2025 10/11/25 For Sale $1,600,000 -- --

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,431 $35,158 $11,140 $24,018
2024 $5,431 $35,028 $10,798 $24,230
2023 $5,361 $33,368 $10,621 $22,747
2022 $5,107 $31,087 $10,475 $20,612
2021 $5,107 $29,357 $9,918 $19,439
2020 $4,913 $28,202 $9,448 $18,754
2019 $4,820 $27,869 $9,132 $18,737
2018 $4,150 $24,018 $8,490 $15,528
2017 $4,166 $24,064 $7,622 $16,442
2016 $3,787 $22,060 $6,777 $15,283
2015 -- $20,862 $5,976 $14,886
2014 -- $19,746 $4,849 $14,897
Source: Public Records

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