Sold in one unit - $627,000.00!!
LAND AUCTION
Wednesday December 5th, 2001 Sale Time 1:30 pm
The Sale will be held at The Prairie Winds Community Center in Bridgeport, Nebraska
480 acre Sprinkler Irrigated Farm
This is a well improved sprinkler irrigated farm. The cropland is irrigated by center pivot sprinklers. The supporting buildings are excellent! This is a productive farm that you can move right into and operate, the land lays excellent. This would make a very good wintering place for livestock with well built corrals, grain storage, protection, calving shed, machine storage, and much more. The cost of production will benefit from the shallow irrigation water. The location is a big plus right on Hwy. 88. This allows state Highway access to markets. Don't miss this opportunity to buy a quality farm!
To be offered in Tracts or in Combination
Land Located:
The Farm is 10 miles southwest of Bridgeport, Nebraska on Hwy. 88.Legal Description:
E1/2, SW1/4, & 3 acres in the NW1/4 Section 27, Township 19N, Range 51 West 6th P. M., Morrill County Nebraska.Tract One:
343 Acres +/- with 2 Center Pivot Sprinklers on the south Half. This Tract will include a 20 acre parcel in the northeast quarter in order for the circle to make an entire revolution. There are 287.5 irrigated acres certified for water use. Individual Tract Terms: A $40,000.000 deposit sale day and the balance on closing. (Please see Terms)Tract Two:
25 Acres +/- & Country Home & All The Buildings you may ever need! This Tract includes the Home & Buildings, and approximately 25 acres around buildings. This will make someone a beautiful country home with most of the buildings listed in the Improvements below, including corrals and some acres for livestock! A 300 head feedlot certified for water use. Individual Tract Terms: A $15,000.000 deposit sale day and the balance on closing. (Please see Terms)Tract Three:
115 Acres +/- will be the Northeast quarter less the 20 acre strip in the south half in order to allow circle to pass and less the 25 acre Home Tract. This includes the partial circle of Pivot irrigated land. What a wonderful small farm this could be! There are 93.8 irrigated acres certified for water use. Individual Tract Terms: A $15,000.000 deposit sale day and the balance on closing. (Please see Terms)Tract Four:
will be the Unit. All 483 Acres and Buildings included. Individual Tract Terms: A $70,000.000 deposit sale day and the balance on closing. (Please see Terms)Improvements:
1,500 Sq. Ft. Brick Home
36 x 72 Shop Building
48 x 120 Calving Shed
50 x 150 Steel Potato Warehouse
30 x 50 Barn
Feeding Corrals
3 T&L Hyd. Drive center pivot sprinklers.
2 Side Roll Sprinklers
3 Submersible Wells
Irrigation Information:
There are 4 wells registered on the property. They were all registered in 1970 & 1971. The deepest well is 80 ft. with static water approximately 20 ft. NRD Information: 2002 water use approved for 381.3 acres irrigation and a 300 head Feedlot.Real Estate Taxes:
2000 Real Estate Tax $4,934.24.The taxes on the individual Tracts are roughly:
Tract One: $2,150.00 Tract Two: $1,890.00 Tract Three: $950.00
(These taxes are subject to adjustment by the County Assessor after the land is split out. All of the 2001 taxes will be paid by the Seller. The buyer will pay all the 2002 taxes and thereafter.
Minerals:
The Sellers are reserving one-half non-participating royalty interest in oils, gases and minerals for 20 years from date of deed.Possession:
Immediately upon closing February 1, 2002.Terms:
The PRICE TO BE DETERMINED AT AUCTION DECEMBER 5TH, 2001. The deposit on the Tract you are interested in will be as mentioned above. The deposit will be due on sale day upon being the successful bidder and signing the Purchase Agreement. This will be a non-refundable deposit as the Seller will be contractually obligated to sell and the Buyer will be contractually obligated to Buy. The Balance will be due on Closing February 1, 2002. The sale is not subject to the Buyer obtaining a loan. Please make all financial arrangements prior to sale. The Buyer and Seller co-operate with either party in using a 10-31 Tax-Deferred Exchange however, not to exceed intended closing. The land will be offered in Tracts or in Combination.The Sale Is Subject To Seller Confirmation, however their desire is to Sell! Please call for any other information needed.
Look up this sale and others, with pictures & information, on the World Wide Web
www.farmauction.netThe 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. Announcements at sale take precedence over all prior advertising.
Huber Farms, Inc.
Henry, Esther and Gary Huber