168 Acres Pivot Irrigated Land
Box Butte County, Nebraska
AUCTION
Thursday Febr. 10, 2005
Sale Time 1:30 pm!
SOLD $191,000.00
The Sale to be held at the American Legion Club at 1504 West 3rd St, Alliance, Nebraska
Land Located 3 miles north of Alliance, Nebraska on Hwy. 87 and 4 1/2 miles East on Logan Road
VERSATILE IRRIGATED PIVOT!
This is a large Quarter with 142 acres under Pivot Irrigation and 21 acres in corners. The land has a 1984 Zimmatic 8 Tower Center Pivot supplied by a 50 Hp. Electric Irrigation Motor. The well is an added benefit with the pumping level at approximately 68 ft. Pumping cost average for the last 3 years is $34.60 per acre!
The East Half of the Circle is new Alfalfa planted in 2004. The West Half was in Corn for 2004. The land is suited to raise all crops associated with the area including Alfalfa, Corn, Beets, Beans and Potatoes.
The land has a good fence on 3 sides with the south side being open.
The Buyer will have full possession at closing on the entire east half. The West Half is rented on a 1/3-2/3 share by an excellent tenant. The Buyer will assume the Landlord's 1/3 share of the 2005 Crop. Call for details.
2004 Real Estate Taxes: $1,037.58. All 2004 Taxes and prior will be paid by the Seller. The Buyer will assume the 2005 Taxes and thereafter.
Legal Description: SE 1/4 Section 11, Township 25 North, Range 47 West of the 6th P.M., Box Butte County, Nebraska (Except Home site in the SW 1/4SE1/4) Exact Legal determined by Title Insurance.
Terms: The price will be determined at Auction. 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 earnest deposit required sale day upon being the successful bidder will be $25,000.00. This will apply to the purchase price and the balance will be due at closing on or before March 16th, 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 agrees to co-operate with a Buyer in using a 10-31 Tax-Deferred Exchange (not to exceed intended closing).
Gary Trenkle - Owner