LAND AUCTION – Pivot Irrigated Farm & Feedlot – Bridgeport, Nebraska

Mar 1, 2018

1:30pm

Henry Hass & Sons, Inc.
Pivot Irrigated Farm & Feedlot

Morrill County, Nebraska


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LAND AUCTION

Thursday, March 1, 2018  •  1:30 pm

AUCTION SITE:  Prairie Winds Community Center,  424 Main St., Bridgeport, NE
LAND LOCATED:  3 miles South and East of Bridgeport, Nebraska on Hwy. 385 & 92.

956 Acres offered in 4 Tracts
Prime Pivot Irrigated Land  •  2000 Head Feedlot
Live Water on Pumpkin Creek
Excellent Location  •  Rural Homes

A Rare Opportunity to Buy one of the most Respected Farms in the area!

     This farm has been in continuous ownership by one family for seven decades and kept in top condition. The Hass family has operated this land since 1937 and owned it since 1946.  This offering features 956 Total Acres including 884 Acres of farmland that has provided self-sufficiency for a Farming & Feeding operation.  All tracts have good access to markets and are all highly regarded Farm Ground.  Several sources of water and irrigation improvements are in place to aid in a successful farming operation. A 2000 Head DEQ Permitted Feedlot with Improvements is a great addition to the total offering.
This is also a rare opportunity to own a stretch of live water on Pumpkin Creek in 2 tracts.  The unimproved grass parcel has potential for recreation or a building site.  Three country homes could provide employee housing or Tract 4 would be a nice rural acreage.
Farming operations like this are often held by families for generations and the opportunity to purchase may be once in a lifetime.  Make plans now to buy this reputable farm!


Tract 1: 402 +/- Acres, Pivot Irrigated Farm Land irrigated by  4 Center Pivot Sprinklers with Ground Water, Ditch Water  and Unique Surface Water Allotment! Smaller 4 Bedroom Country Home  SOLD! $1,929,600.00

Tract 2: 482 acres Irrigated by 3 Center Pivots, 2,000 Head Feedlot (DEQ Certified), 1584 sq. ft. Country Home, 42’ x 90’ Shop, 40’ x 62’ Steel Grain Storage, 25,000 BU Grain Bin, 2 Overhead Bins with Mill & Elevator Leg.  SOLD! $1,687,000.00

Tract 3:  66  +/- Acres Dryland Grass and Reservoir for the Ammer Meredith Canal. Hunting and Rural Acreage Potential! SOLD! $235,000.00

Tract 4:  1776 sq. ft. Country Home with 3 Bedrooms, 2 Baths & Attached Garage on 6.39 Taxed Acres SOLD! $88,000.00


TRACT 1:  402 +/- Acres

OVERVIEW: A Very Nice Farm with an excellent location! Historically planted to Corn and Alfalfa. Three sources of Water! This land will produce for You! Includes a 4 Bedroom 1,200 sq. ft. Home that is currently a tenant Home. Only 2 miles to the Ethanol Plant and Elevator!
LAND USE: 393+/- Crop Land Acres. Glenberg, Yockey, & McCook sandy loam soils. 242.3 Acres was Corn in 2017. 150.7 Acres in Alfalfa (2013 & 2015).
IRRIGATION: 4 Pivots: 2012 Valley 11 Tower, 170 Acres, 7098 Hrs. newer bowl & bearing work
2012 Valley 6 Tower, 106 Acres, 5964 Hrs.
2 Lockwood Wiper Pivots: 7 Tower 22 Acres & 5 Tower 15 Acres, Hrs. unknown, newer panels
4 Irrigation Wells : 650 to 1100 gpm, Pump depths 60 to 77 ft.,  Static levels 9 to 14 Ft.!
25 Hp. Elec. Motors for Pivots & 15 Hp. Elec. Motor for Flood Well
Average Pumping Costs: $25.00 to $34.50/ Acre
NRD: 402.3 Certified Acres. 43.3 NRD inches per acre available ground water to 2019! Note: The Home tract kept by the Seller is retaining 12 acres Certified Ground Water. 123 Acres Class A, 18 acres Class C Surface Water Right under the Belmont Irrigation: at $22.00 & $22.00 Total Irrigation Tax $4,086.00. (Sect. 12)  336 Acres of “Ammer Meredith” Water rights (dated 1893- Very Old & Very Unique!) to irrigate from the waters of Pumpkin Creek! (Easement from Tract 3 will be given).
LEGAL: Section 11: E 1/2 (Except the Acreage & Home site retained by Seller containing 12 acres more of less; Also Excepting that part lying north in the Accretion Area; And the 7.66 acre Parcel, (considered Tract Four). Section 12: Pt. SW 1/4, Gov’t. Lots 2 and 3, all in Twp. 19N, R50 W 6th PM in Morrill County, NE.
LOCATION: 3 miles South and East of Bridgeport, Nebraska on Hwy. 385 & 92 to the south west corner.
FSA INFO: Farm Land: 393 +/- Cropland Acres. Corn Base: 345 Acres (estimated). PLC Yield:130 bu. Program: ARC County.
TAXES: 2017—$8,799.39 (on 401.80 taxable acres estimated)
SALE DAY DEPOSIT: $200,000.00

Tract-1-Aerial

TRACT 2:  482 Acres +/-

OVERVIEW: A productive Farm and established Feedlot. Excellent location! 3 Center Pivot Sprinklers! Primarily Sarben & Valent sandy loam soils.  355 Irrigated Acres.  44 acres in Feedlot.  53 acres Grass with live water from Pumpkin Creek.  Balance in Roads and Farm Land Corners.  Only 2 1/2 miles to the Ethanol Plant and Elevator!
IMPROVEMENTS: Morton 42′ x 90′ Pole Building with part of it insulated and heated. 15.5’ sidewalls with 22’ and 24’ Sliding Doors. Nice shop area with oil pit.  1584 sq. ft. 2 Story Home (Unoccupied for a few years).  40′ x 52′ Steel Grain Storage Building (Approx. 24,000 BU).  20′ x 40′ Storage Shed, 20′ x 38′ Storage Shed, 25,000 bu. Steel Bin, 1500 & 1000 bu. Hopper Bins, 30” Grinder Mill, Cement Silage Bunker. Note: Grain storage connected to overhead leg and unloading pit.
IRRIGATION: 3 Pivots: Valley 153 Acre 11 Tower 1/2 Pivot, 40 Hp., 17087 Hrs. Ave Cost/Acre $32.21 • 2014 Reinke 7 Tower 130 Acre Full Pivot,  75 Hp. 10131 Hrs. Ave Cost/Acre $44.59 • Lockwood 62 Acre 9 Tower 1/2 Pivot, 30 Hp., 42k Hrs.Ave Cost/Acre $34.47
3 – Irrigation Wells : 440, 800 & 1,000  gpm
Pump depths: 86 to 100 ft.! Static levels 21 to 30 Ft.
All with Electric Motors & Pumps.

NRD: 352.5 Certified Acres. 46.8 NRD inches per acre available ground water to 2019!  Note: Certified ground water is currently co-mingled with the neighboring property, and may be re-certified after the sale.
FEEDLOT: DEQ Permitted for 2,000 Head. Corrals currently occupied and leased to the Neighbor. The Buyer will assume the current tenant on the Feedlot pens at closing until April 30, 2018. Lagoon system is in compliance and has a discharge to the nearest center pivot. NRD permitted well for 1,500 head year round. Cement Bunks, Steel Fencing and Pipe & Cable.
LEGAL: Pt. NW1/4, S1/2 Section 13 Twp. 19 N R 50 West of the 6th PM in Morrill County, Nebraska.
FSA INFO: Farm Land: 368.86 acres Cropland: 316.8 acres Corn Base (Estimated) PLC Yield: 130 bu. Program: ARC County.
LOCATION: 3 1/2 miles South & East of Bridgeport, Nebraska on Hwy. 385 & 92 to the northwest corner.
TAXES: 2017— $18,359.42. Based on 481.96 taxed acres and feedlot improvements.
SALE DAY DEPOSIT: $200,000.00

Tract-2-Aerial

TRACT 3:  66 Acres +/- with Dam & Creek

OVERVIEW: An unimproved grass parcel with the opportunity to buy 1/2 mile of Pumpkin Creek! The parcel has a cement dam structure used for irrigation water from Pumpkin Creek. Waterfowl hunting and some recreation opportunities. Currently unfenced on the east side.
EASEMENTS: This Tract will be encumbered by an Easement to the Lands under the Ammer Meredith Canal for the right to withdraw and store Water for irrigation purposes. (This is basically an access easement on the north edge of the property and may give the right for the irrigator to drain the dam if needed.)
LEGAL: E1/2NE1/4 Sec. 23, Twp. 19N, R 50 W 6th PM in Morrill County, NE
LOCATION: 3 1/2 miles South and East of Bridgeport, Nebraska then 1 mile south on CR 105 to the northeast corner.
TAXES: 2017— $394.86 based on 66.24 taxed Acres
SALE DAY DEPOSIT: $10,000.00

Tract-3-Aerial-Map

Tract 4: Country Home & 6.39 Acres

OVERVIEW: An updated taste of an older Farm Home. This 1,776 sq. ft. home has three bedrooms, 2 baths, large kitchen, dining room, living room, office space and nice utility room. Newer attached 2 car garage. Established lawn with an abundance of trees for protection. Currently rented.  Subdivision approval is to be facilitated by the seller if this Tract is sold separate from Tract 1.
This home was built prior to 1978 and may contain lead-based paint. Anyone wishing to inspect the premises must do so prior to auction at the Buyer’s expense.
EASEMENTS: This tract will be subject to easements to deliver irrigation water to the Seller retained Tract.
LEGAL: Pt. SE1/4SE1/4SE1/4 Sec. 11, Twp. 19N, R 50 W 6th PM in Morrill County, Nebraska.
LOCATION: 3 1/4 miles South & East of Bridgeport, Nebraska on Hwy. 385 & 92 . (on the north side)
TAXES: 2017: $1,597.84 (Based on an estimated assessed value of $98,850.00).
SALE DAY DEPOSIT: $10,000.00
Shown by appointment.

Tract 4 Aerial Map


TERMS: The Land is to be sold for Cash, not contingent on financing. All financial arrangements must be made prior to sale. Sale Day Deposits due upon being the successful Bidder which requires signing the Purchase Agreement. The balance will be due on Closing on or before April 9, 2018. Seller will agree to co-operate should the Buyer be using a 10-31 Tax Deferred Exchange (not to exceed the intended Closing, unless prior arrangements are made). The Sale is subject to Seller Confirmation. However, it is the intention of the Seller to Sell to the highest and best Bidder! Bidders must do their investigation and due diligence prior to bidding. The Buyers are buying the property “as is.” The information and maps provided are by the various sources deemed reliable, Kraupie’s Real Estate & Auctioneers (Agents for the Seller), do not assume responsibility for its accuracy or completeness. Announcements at Sale supersede all prior advertising printed, or, oral.
MANNER OF SALE: TRACTS will be offered individually and Tracts 1, 2 will be tied together at the discretion of the auctioneer. Tracts 1, 2, & 3 will be sold by the taxed acre times the money.
TAXES: The Seller will pay all Real Estate taxes to December 31, 2017. Irrigation Tax (O & M) are paid in advance and will be the responsibility of the Buyer.
TITLE: The Seller’s will convey property by Corporation Warranty Deed, showing good and merchantable title, subject to easements and restrictions of record.
MINERALS: Seller is Reserving a one half Non-Participating Royalty Interest in Oils, Gases and Minerals for 20 years.
POSSESSION: On Closing on or before April 9, 2018.

Henry Hass & Sons, Inc.

Jim & Bette Hass & Family

 

Live Online Bidding Information

If you are unable to join us for the live auction, you can register to BID LIVE ONLINE!  Online Bidders must register to bid, complete the Bidder Registration Form, and be approved by the auction company prior to the auction.  Bidders must read and agree to all terms and conditions as provided. Earnest deposit must be in place prior to the auction. Buyer must be available to execute a purchase agreement either in person or electronically immediately following the auction.  Register online at farmauction.hibid.com by clicking on the “Register to Bid” button for this auction or call our office for more information!  308-262-1150

Mar 1, 2018

1:30pm

Auction Location

Prairie Winds Community Center,  424 Main St., Bridgeport, NE

 

Land Located

3 miles South and East of Bridgeport, Nebraska on Hwy. 385 & 92.

More Resources

See video tours of Tracts 1, 2, &3! Aerial Videos

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