AUCTION

Tuesday March 1, 2005   

Sale Time: 10:01 am!  Personal Property  •   1:30 pm - Land!

Located from Alliance, Nebraska, 8 miles North on Hwy 385 to Jct. of Hwy 385 & Hwy 2 – parking will be in stubble field on the West Side

Box Butte County Rural Home Site and Dryland Farm Ground to be offered in 2 TRACTS

Aerial Map     Fact Sheet

Farm & Home Site:   SOLD for $122,000.00   TRACT ONE will be 207.5 Acres of Farmland plus the home and roads.  There is 118 acres of wheat planted on this tract for the 2005 harvest.  Nice older 1,407 sq. ft. home with 3-bedrooms, a second story which has a nice large room and dormer window and a partial basement. Home has   new Pella Windows, Central Air Conditioning and newer Forced Air Furnace.  The yard is established with lawn and nice trees.  There is a finished building that could be a guest room, hobby shop or playhouse.   

Acreage/Commercial?:   SOLD for $35,500.00   TRACT TWO will be 57 Acres +/- Located North and West of Highway 385.  This consists of Parcels on the west and east side of the Jct. Going to Hemingford. The west side Farmland that is all stubble. Zoned Ag. The east side has approximately 4.7 acres planted to wheat. Beyond being very good farmland, this may be attractive Commercial property in the future.

The Buyer will receive all of the 2005 Crop and FSA payments.

LEGAL DESCRIPTION:  Pt. of the E1/2 (west of the RR) and Pt. of the West 1/2 of Section 30, Township 26 North, Range 48 West of the 6th P.M., Box Butte County, Nebraska ( Exact Legal to be determined by  existing survey and Title Insurance.)

REAL ESTATE TAXES:  The 2004 Taxes on the entire farm were approximately $2,169.90. This is based on an approximate value for taxes of $117,000.00. The 2004 Tax will be paid by the Seller, The 2005 tax and thereafter will be paid by the Buyer.

TERMS: The price to be determined at Auction at approximately 1:30 pm at the Farm. Contact your local Lender now to make arrangements to buy! The sale of this property is not contingent upon loan approval. All financial arrangements must be made prior to the sale. The deposit required sale day will be $ 10,000.00 on Tract One and $4,000.00 on Tract Two. The Unit will require an earnest deposit of $14,000.00.  This will apply to the purchase price and the balance will be due at closing on or before April 1, 2005. The sale is subject to Seller confirmation; however it is the intention of the Seller to sell to the highest and best bidder. Arley and Millie have already secured a place in town! The Seller s will co-operate with a Buyer in using a 10-31 Tax-Deferred Exchange.