Top Quality Wheat Land
AUCTION
Monday November 28, 2005 Sale Time: 1:30 pm
Sale Located: Sale to be held at the Fire Hall on the east edge of Chappell, Nebraska.
Sold as a Unit less the Home Tract for $408,000.00
Having decided to discontinue our Farming operation in Nebraska, we will be moving closer to Family in Western Montana. This is an opportunity to buy some of the most productive wheat land in the Panhandle. We have developed this land to be Habitat friendly. As you can see, our proven average yield represents the efficiency of the land. Our Machinery sale will follow the land sale on November 29th.
Tract One: 310 Acres +/-
W1/2 Sec. 34 16 - 45:
Located 15 1/2 miles north of Chappell on CR 165 (to the northwest corner)
Divided into 6 Farm Strips. Wheat/Summer Fallow Rotation. Each Strip separated by a row of Newly Planted (1996) Trees & Shrubs consisting of Native Plum, Golden Current & Rocky Mtn. Juniper
Base Acres: 151.1 *
Crop Ins. Yield: 49 Bu.
FSA Yield: 48 Bu.
Planted Acres: 94.2
Approx. 2005 FSA Payment: $2,938.84 *
Buyer to assume 1/3 Share & Premium.*
Taxes: $2,787.76 (2004) *
Earnest Deposit sale day: $10,000.00
· (Subject To Split by FSA or County Assessor)
Tract Two: Home and Buildings
Located 15 miles north of Chappell on CR 165 (to the southwest corner)
16 Acres +/-6 Acres in Building Site and 10 Acres Farm Land *
Earnest Deposit sale day: $10,000.00
The Modern Home has: 3 Bedrooms Large Living Room New Basement in 1993 1 & 3/4 Bath New Copper Plumbing New Roof in 1999 2,000 Gal. Septic System 1,493 Sq. Ft. Up & Down Attached Garage Pines & Windbreak.
1987 Morton 54x98 Equipment Shed Full Cement Floor 14 ft. Sidewall Sliding & Walk-in Doors
1993 Morton 33 x 54 Livestock Building
34 x 48 Livestock Barn Cement Floor
Attached 16 x 30 Open Front Shed
24 x 24 Detached garage/shop
250 Head Cap. Pipe Corrals
* (Subject To Split by FSA or County Assessor)
Tract One & Two would be a combination of the above and a nice Unit.
Tract Three: 160 acres +/-
NW 1/4 Sect. 3 15 - 45:
Located: 14 miles north of Chappell (to the Southwest corner 149.5 cropland acres FSA +/-
This is a good producing Quarter.)
4 Farming strips.
Separated by Newly Planted (1996) Trees & Shrubs consisting of Native Plum, Golden Current & Rocky Mtn. Juniper.
In an excellent state of Cultivation.
Base Acres: 81.5
Crop Ins. Yield: 49 Bu.
FSA Yield: 37 Bu.
Planted Acres: 74.8
Approx. 2005 FSA Payment: $1,580.00
Taxes: $870.76 (2004)
Earnest Deposit sale day: $5,000.00
Tract Four: 160 Acres +/-
E 1/2 W 1/2 Sect. 22 16 - 45:
Located: 16 1/2 miles north of Chappell on CR 165 and 1/4 east (to the southwest corner).
The land lays excellent
1 mile long strips
In a good state of cultivation.
Base Acres: 75.2 Wheat & 26.8 Oats
FSA Yield: 49 Bu.
Crop Ins. Yield: 36 Bu.
Planted Acres: 79.6
Approx. 2005 FSA Payment: $1,462.00 ( Est.)
Taxes: $886.68 (2004)
Earnest Deposit sale day: $5,000.00
Tract Five: 240 Acres +/-
E 1/4, S1/2NW 1/4 Sec. 914-45:
Deuel County Land
Located: 7 1/2 miles North of Chappell on CR 165 (to northeast corner)
6 Farming Strips Separated by Newly Planted (1996) Trees & Shrubs consisting of Rocky Mtn. Juniper, Ponderosa Pine, Austrian Pine, Golden Current, Cotoneaster & Sumac.
Base Acres: 119.2 Wheat
Crop Ins. Yield: 48 Bu.
FSA Yield: 49 Bu.
Planted Acres: 118.7
Approx. 2005 FSA Payment: $2,318.00
Taxes: $1,392.36 (2004)
Earnest Deposit sale day: $7,500.00
The Buyer will receive 1/3 of the planted wheat (on your parcel) for 2006 and will have Full Possession of the Stubble on closing! Buyer will pay 1/3 of fertilizer and Herbicide on the planted acres.
Crop Insurance Carried by Prince- Empson Ins. (Buyer assumes 1/3 Share & Premium)
The farm is signed up to participate in the current regular farm program.
Minerals: The Seller is reserving 1/2 of the existing minerals in a Non-participating royalty interest for 15 years from date of Deed and in case of Production as long as production exist in commercial paying quantities. The land is not under current oil, gas or mineral lease.
Terms: Price to be determined at Public Auction November 28th at 1:30 PM at the Fire Hall in Chappell, Nebraska. The Farm will be offered in Tracts or in Combination. This land is to be sold for cash. All financial arrangements must be made prior to auction. The deposit will be made day of sale upon being the successful bidder and signing the Purchase Agreement. The deposit will be applied to the purchase price with the balance due at closing, on or before December 29, 2005 with exception of Tract Two. The closing on the home and acreage if sold separately will be on or before January 20,2005. The sale is subject to seller confirmation. Announcements made at sale supersede all prior advertising, oral or printed. The Buyer and Seller will cooperate with either party to use a 1031 exchange not to exceed the closing date. Contact Kraupies Real Estate for complete information at 308-262-1150 or log on to our web site www.farmauction.net and look for this and other auctions.
Come Prepared to Buy!
The information contained herein has been obtained from sources believed to be reliable. We have no reason to doubt its accuracy, but we do not guarantee it. Buyers should make their own investigations and inspections.
Location: From Oshkosh, Nebr. 2&3/4 mi. south on Hwy. 27 to CR 175 then 3 1/2 mi. south thru hills to CR 46, 5 mi. west and 3/4 south.
Dan & Valerie Jarchow
KRAUPIE'S
REAL ESTATE & AUCTIONEERS
PO BOX 100 Bridgeport, Nebraska 308-262-1150