Rauner Dryland Farm
Cheyenne County, Nebraska
Owners: Beau & Valerie Rauner
Number of Acres: 600 +/- Acres more or less.
Land located: 6 & 1/2 miles north of Sidney, Nebraska on Hwy. 385 (then west across Tracks to the Southeast corner) or 4 miles south of Gurley, Nebraska (then west across Tracks to the Northeast corner
Legal Description: Part of S1/2; NE1/4; NW1/4 all Section 19, Township 15N, Range 49 West of the 6th P.M., Cheyenne County, Nebraska Tract One will be the East Half and Tract Two will be the West Half less the 15 acre home site that has been sold off.
Description: This is an excellent farming unit in one of the top wheat producing areas in the panhandle. As you will see from the location, the access to markets is an everlasting benefit! The land is easily farmed in larger fields. Should you desire to buy the entire parcel or a portion, it will be your chance to own some productive Cheyenne County Wheat Land. There is approximately 600 Total Acres with a total of 568 acres cropland (FSA). We will offer the land in Tracts of 304 and 296 acres or together as a unit whichever achieves the highest and best price. Historical yields prior to the recent harsh weather were in the 40 bushel range. This is an opportunity for expansion or investment.
TRACT ONE: The East Parcel has approximately 296 acres Total, 284 acres +/- of cropland with approx. 73 Acres Planted to wheat.
TRACT TWO: The West Parcel has approximately 304 acres Total, 284 acres +/- of cropland with approx. 82.4 Acres planted to wheat. This Tract will include a 40x60 Quonset and 2 6,500 Bu. Grain Bins with recorded access.
Farm Service Agency Information: For the entire Tract: Wheat Base: 389.1 Payment Acres 330.7 41 bu. yield, Est. payment $7,051; Corn Base: 150.2 acres, Payment Acres 127.7, 42 bu. Yield, Direct Annual Payment $1,502; Grain Sorghum Base Acres 27.3, Yield 37 bu., Direct Annual Payment $300. Total Projected Annual Payment for 2004 = $8,853.00 All payments subject to change by FSA.
Taxes: 2004 Real Estate Tax - $ 2,815.76. This is based on a total estimated value for taxes of $238,393.00.
Minerals: The Seller’s are reserving no minerals. The land may be subject to prior reservation.
Possession: The Buyer will have full possession of the land in stubble upon closing. The Buyer will also receive a 1/3 Landlord’s share of the 2005 growing crop. Crop insurance is available and the Landlord’s 1/3 share will be assumed by the Buyer.
Terms: To be sold at auction February 3, 2005, 1:30 P. M. Sale to be held at the Gurley Community Hall in Gurley, Nebraska. 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 individual Tracts will require a $ 15,000.00 earnest deposit. The Unit will require a $25,000.00 earnest deposit. This will apply to the purchase price and the balance will be due at closing on or before March 7, 2005. The sale is subject to Seller confirmation; however it is the intention of the Seller to sell to the highest and best bidder. The Seller will co-operate with a Buyer in using a 10-31 Tax-Deferred Exchange. Contact Kraupie’s for additional details.
The information contained herein has been obtained from sources believed to be reliable. We have no reason to doubt it's accuracy, but we do not guarantee it. Buyers should make their own investigations and inspections. Please contact Kraupie's for the additional information.