Closing Tuesday, February 5th, 2019 at 6:35pm
238 Acre Farm & Ranch – Mirage Flats Land
Located: From Hay Springs, Nebraska – 9 miles south on Hwy. 87 to 470th Road then 2 miles east and 3/4 mile north on 430th Lane to the southeast corner.
Farm Land and Native Grass Pasture Combination!
A great place for a smaller herd of Cattle! The Farm & Pasture is all West of 430th Lane and shows 236.66 acres by the survey (not including the County Road with 1.7 acres +/-). FSA indicates 254.18 acres which includes 79.61 acres of farm ground and 174.57 acres in pasture. (There appears to be a 17.5-acre discrepancy from the mapping.) The pasture is watered by 2 windmills, one near the road and one to the west. All native pasture with Blackroot and Gramma grasses with some lower sub-irrigated areas. The Farm land has Keith Loam and Satanta soils on the farmed acres. Good heavy soils. This land has been surveyed and laid out in the Mirage Flats Irrigation District. We will be selling the land by the existing perimeter fence lines. We have sold the East side of Unit 40, east of 430th Lane.
Mirage Flats Irrigation Surface Water: 73.58 acres West of the Road. The last 4 years of O & M have averaged $25.00 per acre. The irrigation tax would be approximately $1,839.50 annually in this Tract. This could allow the owner to approximately 5 or 6 inches per acre annually.
Farm Service Agency: Both sides are carried as a Unit. FSA Maps show 174.57 acres in grass and 79.61 acres of farm ground. This tract should carry approximately 28.1 acres Wheat Base (PLC Yield 52 bu.). Bases will be adjusted by the FSA after the sale is submitted to the FSA. (Our measurements show 239.59 acres)
Real Estate Taxes: Estimating the taxes, you may expect around $2,000.00 in tax. The Farm is Currently carried as a Unit.
TERMS: The Land will be sold by the “Lump Sum” with $500.00 increments.
THIS IS AN INTERNET ONLY AUCTION – All interested parties should plan to be Online Bidders and must register to bid and be approved by the Auction Company PRIOR to the Auction. Bidders must read and agree to all terms and conditions as provided. If you prefer to turn in a bid in person, please call the office at (308) 262-1150 to make arrangements. The sale is “Not Contingent” upon loan approval; all financial arrangements must be made prior to bidding. The winning bidder is required to execute the Purchase Agreement, and deliver a deposit of $15,000.00 in the form of wire transfer, cashier’s check, personal check or cash to our office before 12:00pm on February 6, 2019. Please Note: The purchase agreement will offer no contingencies including, but not limited to, financing. The Purchase Agreement and Agency Disclosure will be included in the Bidders Packet. The balance of the Purchase Price will be due on Closing or before March 6, 2019. The Sale is subject to Seller confirmation; however, it is the intention of the Seller to sell to the highest and best bidder. No Buyers Premium! Announcements provided at Auction closing time supersede any prior advertising, printed or oral.
NOTE: The Property will be sold subject to the existing fence line and Boundary Line Agreement. This agreement assures you are getting what you are Buying. A Survey showing the existing fence line is available. 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 acreages represented are “more or less.” All Agents representing Kraupie’s Real Estate & Auctioneers are working as Seller’s Agents.