1510 Acres!          Banner County Wheat Land

AUCTION

Tuesday March 7th, 2006   ••  

Sale Time: 1:30 pm

 Sale of land to be held at the Gering Civic Center, Gering, Nebraska

The Peterson Family is offering their Dry Land wheat farm and home in Banner County at Auction. The land will be sold in several parcels or as a unit. The House will be offered with a 10 acre tract. The land is in a good state of cultivation.

Tract One: 240 Acres +/-   SOLD!  $74,000.00

Legal: S½NW ¼ & SW1/4  7-18-56 W6PM, Banner County, Nebraska

Located: 5 miles west of Harrisburg, NE on CR 24 to CR 25 then 1/4 mile south to North West corner.

Wheat Base Acres: 140

FSA Yield: 33 Bushel

Planted Acres: 234

Approx. 2005 FSA Payment: $2,042.00

Taxes: $568.68 (2005)

There is irrigation well on this tract Registered #G027462 which serves Tract #2.

Earnest Deposit sale day: $7,500.00

(Subject To Split by FSA or County Assessor)

Tract Two: 640 Acres +/-  SOLD!  $135,000.00

Legal: All of Sec. 12-18-57 W6PM, Banner County, Nebraska

Located: 5 miles west of Harrisburg, NE on CR 24 to the north east corner.

Farm land: 492

Grass: 148

Wheat Base Acres: 295

FSA Yield: 33 Bushel

Planted Acres: 129

Approx. 2005 FSA Payment: $4,302.00

Taxes: $1,583.10 (2005)

Note: There is a well on this tract Registered # G032147 & older water drive center pivot. (95 acres- some restrictions apply)

Earnest Deposit sale day: $20,000.00

(Subject To Split by FSA or County Assessor)

Tract Three: 160 Acres +/-  SOLD!  $33,000.00

Legal: NE ¼ 11-18-57 W6PM, Banner County, Nebraska  

Located: 6 miles west of Harrisburg, NE on CR 24 to the north east corner. “Gabe Rock” is in the south west corner of this tract.   (An opportunity to buy the Rock!)

Farm land: 87

Grass: 74

Wheat Base Acres: 52

FSA Yield: 33 Bushel

Planted Acres: 35.9

Approx. 2005 FSA Payment: $758.00

Taxes: $340.78 (2005)

Earnest Deposit sale day: $5,000.00

(Subject To Split by FSA or County Assessor)

Tract Four: 470 Acres +/-  SOLD!  $131,000.00

Legal: E 1/2 & SW ¼ of Sec. 1-18-57 W6PM, Banner County, Nebraska

(Legal shall be less Tract 5 if sold separate.)

Located: 5 miles west of Harrisburg, NE on CR 24 to the south east corner.

Wheat Base Acres: 282

FSA Yield: 33 Bushel

Planted Acres: 231.5

Approx. 2005 FSA Payment: $4,120.00

Taxes: $1529.72 on the entire tract (2005)

Earnest Deposit sale day: $15,000.00

(Subject To Split by FSA or County Assessor)

Tract Five: 10 Acres +/- & Home  SOLD!  $9,500.00

Located: 6 miles west of Harrisburg, NE on CR 24.

The home is a modest 4 bedrooms with 1 bath and 1400 sq ft of living area.  There are several out buildings including a shop.

Grain bins: 3-2,500 Bu Bins with air (good condition)

Taxes: To be determined by the County Assessor if sold separate

Legal: (In SW1/4SW1/4-1-18-57, determined by survey if sold separate.)

Earnest Deposit sale day: $2,500.00

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!

The farm is signed up to participate in the current regular farm program.

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.

Terms: Price to be determined at Public Auction March 7th at 1:30 PM at the Gering Civic Center Gering, Nebraska. The Farm will be offered in Tracts or in Combination whichever attains the highest and best bid for the Sellers.  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 April 7th 2006. The sale is subject to seller confirmation; however, it is their intention to sell to the highest bidder.   Announcements made at sale supersede all prior advertising, oral or printed. The Seller will cooperate should the Buyer be using a 1031 exchange (not to exceed the intended closing date). Contact Kraupie’s 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.

For Information call  Steve Erdman 308-586-1007 - Listing Agent -

 

 

 

 

 

 

 

 

The Peterson Family Partnership

 

 

 

 

 

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