Farm For Sale

Morrill County Dry Land

400 Acres +

Productive Wheat Land

LOCATED:  From Bridgeport, Nebr. 12 miles south and west on Hwy. 88, to CR 85 then 2 miles south to the northeast corner of Section 7.

FARM SERVICE AGENCY INFORMATION: Wheat Base 200.3 Acres. Farm Service Agency indicates 38 bu.

The current total FSA Direct payment attributed to this base is $3,296.00. The Landlord’s share would be $1,099.00. Some restrictions apply to receive Farm Service Agency payments. This is based on 402 acres of total farmland and 384.8 acres effective cropland.

LAND USE: This farm is primarily all non-irrigated farmland. There are approximately385 aces of active cropland, 15 acres of Trees and 5 acres in a grassy knoll on the north field.

LEGAL DESCRIPTIONS: Section 7: NE1/4, E1/2NW1/4; Section 6: SW1/4; all in Twp. 18N Range 51 West of the 6^th PM in Morrill County, Nebraska.

POSSESSION: The Buyer will receive possession of the land on closing subject to the Tenants rights to the 2011 and 2012 crop.

PERSONAL PROPERTY: The personal property included in the sale of this Farm is the Landlord’s 1/3 share of planted crops for harvest in 2011 and the Landlord’s 1/3 share of the FSA Direct payments.

 NOT INCLUDED:  The Tenant’s 2/3 share of the 2011 crop.

TITLE: Seller will convey property by Warranty Deed supported by Title Insurance, showing good and merchantable title subject to easements and restrictions of record at a cost of one-half to Seller and one-half to Buyer.

TAXES: Seller will pay customary closing costs and Taxes to December 31, 2010. The 2010 Taxes are $1,826.30.

MINERALS: The Seller’s are reserving a One-Half Non-Participating Royalty Interest in Oils, Gases and Minerals for 15 years from date of sale, in event of production, as long as production exists in commercial paying quantities.

ASKING PRICE:  $230,000.00.

Click Here for pdf Fact Sheet            Aerial Map          Soils Map         Plat Map

NOTE: Information Obtained From Sources Deemed To Be Reliable, But Is Not Guaranteed. Interested parties should and are expected to conduct their own analysis. All Agents representing Kraupie’s Real Estate & Auctioneers are working as Seller’s Agents