11-22-13 Kermit E. Knapp Living Trust Land Auction

Friday November 22, 2013

SALE TIME 1:30 pm

Sale to be held at the Eagles Club (West 3rd St.) in Alliance, Nebraska

942 Acres +/- Pasture Land & Farm Land

LAND LOCATED:  West of Alliance, Nebraska or south of Hemingford, Nebraska

Plat Map B&W_Page_2-color

Double Click Map to Enlarge

TRACT ONE:  433 ACRES +/- Pasture

SOLD $224,000.00

This Pasture is nearly all native hard grass. Point of Rocks Creek Draw runs through the entire parcel. There are 3 windmills in total with 2 windmills in the big pasture and 1 windmill in the Quarter to the northwest. Historically, this has been a great place to grow cattle! If you need a Cow/Calf pasture or a Yearling pasture, take a look!
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LEGAL DESCRIPTION: NE1/4, S1/2NW1/4, N1/2SE1/4 and SW1/4 of Section 1, Twp 25 N, Range 50 West of the 6th P.M., Box Butte Co, Nebr. (Exact Legal determined by Title Ins.)
SALE DAY DEPOSIT: $25,000.00
Aerial all north pasture

TRACT TWO:  160 ACRES +/- Pasture

SOLD! $86,000.00

This good 160 acre pasture has a windmill near the center surrounded by good native grass. 18.9 acres of farmland in the northeast corner which has been seeded to grass and has been accessed for many years through the north half of the NW1/4 of Section 1.

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LEGAL DESCRIPTION: SE1/4 Section 35, Twp 26 N, Range 50 West of the 6th P.M., Box Butte County, Nebraska.
Tracts 1 & 2 LOCATED: From Alliance, Nebraska:  4.6 miles northwest on Hwy 385 to Lincoln Road then 8 miles west to CR 71 and 1/4 mile north to the southeast corner. From downtown Hemingford, Nebraska: 1 mile west on Hwy. 2 to CR 71, then 10 miles south to the northeast corner.
2012  REAL ESTATE TAXES: Approximately $1,433.70 on 433 acres in Section 1 and $536.38 on 160 acres in the SE1/4 Section 35. Total $1,970.08.
SALE DAY DEPOSIT: $10,000.00

TRACT THREE: 333 Acres +/-

Non- Irrigated Farmland and Grass

SOLD! $327,500.00

This is a very good tract with 245 acres Dryland farmground and 85 acres of native pasture and Crested Wheat Grass. There are approximately 124.5 acres planted to wheat for the 2014 harvest, and 120.5 acres in stubble.   The farm land is primarily Alliance Loam Class 1 & 2 soils. The average productivity rating for the soils is 39.5 bushels per acre! The pasture is watered by a windmill. The added benefit is the Radio Tower lease which generates approximately $1,200.00 per year. This Farm could be a good investment.
Aerial South Farm
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LOCATED: from Alliance, Nebr. 11 miles West on Otoe Road to CR 72 and 1/2 mile North to the southeast corner.
LEGAL DESCRIPTION: SE1/4 Section 23; NE1/4 Section 26, Township 25 N, Range 50 West of the 6th P.M., Box Butte County, Nebraska
2012 REAL ESTATE TAXES: Approximately $2,017.54
SALE DAY DEPOSIT: $25,000.00.
TERMS: The land is to be sold for Cash. All Financial Arrangements Must Be Made Prior to the Auction. The sale is subject to Seller confirmation. However, it is the Seller’s desire to sell to the highest and best bidder. The Sale Day Deposit will be made day of sale upon being the successful bidder which will require signing the Purchase Agreement. The deposit will be applied to the purchase price with the balance due at closing on or before December 20th, 2013.
MANNER OF SALE: Tracts One & Two will be offered individually and as a Unit. The property will be sold by the legal description (subject to existing fence lines and established boundaries). Tract Three will sell separate.
TITLE: The Seller will convey property by Trustee’s Deed supported by Title Insurance at a cost of 1/2 to Seller and 1/2 to Buyer. Note: some exceptions will apply to Tract 2. Please contact Kraupie’s for details.
MINERALS: The Seller’s are reserving no Minerals.
POSSESSION: Buyer will have possession as follows: TRACT ONE: on Closing, TRACT TWO: on Closing.  TRACT THREE: The Buyer will receive possession of the grass on Closing subject to the existing grass lease to January 1, 2014. The Buyer will receive a 1/3 share of the growing wheat to be harvested in 2014 on Tract 3.
NOTE: This Information Was Obtained From Sources Deemed To Be Reliable, But, Is Not Guaranteed. Interested parties should and are expected to conduct their own analysis. All Agent’s representing Kraupie’s Real Estate & Auctioneers are working as Seller’s Agents. Buyers and Agents should note, we will not accept Sub-agency without prior written consent.
For more information log on to www.farmauction.net. For a showing please contact Kraupie’s at 308-262-1150 or Darrell Kraupie at 308-279-0143, Steve Erdman at 308-631-4655, Del Ray Kraupie at 308-279-1692.

Click Here for complete Knapp Salebill