533 Acres +/- Kimball Co. Land Auction

SOLD! Tract 1: $244,000.00     Tract 2:$110,000

THURSDAY MARCH 26, 2015      SALE TIME 1:30 pm

Sale to be held at the Kimball Events Center, 615 E 3rd St. in Kimball, Nebraska

TRACT ONE: 377 ACRES Non-Irrigated Farmland

This farm has been farmed in a wheat summer fallow rotation. Assessor information indicates 173.5 acres of class 2 Dryland.

187 Acres+/- Seeded for 2015 Harvest

175 Acres Stubble Land

2.76 Acres Grass Land!

LOCATED: 7miles North of Kimball, Nebraska on Hwy. 71. to Rd 48 then 5 miles east (to the northwest corner)

LEGAL DESCRIPTION: N1/2, Pt. of  SW1/4, Section 30, Twp. 16 North, Range 54 West of the 6th P.M., Kimball Co., NE

2014 REAL ESTATE TAXES: $2,321.00 (more or less)

Farm Service Agency: This farm is to be re-constituted by FSA and may contain 189 acres of wheat base (+/-) with a 30 bushel yield. Based on 375 cropland acres.

CROP INSURANCE: Shall be assumed by the Buyer for the 2015 Crop (if any).

SALE DAY DEPOSIT: $30,000.00

TRACT TWO: 156 ACRES Farm Land

A Good Laying Quarter of Wheatland

 156.48 Taxed Acres. Currently all stubble, to have 2/3 planted to a Spring crop.

LOCATED: 7 miles North of Kimball, Nebraska on Hwy. 71 to Rd 48, then 6 miles east (the southwest corner)

LEGAL DESCRIPTION: SW1/4 Section 20, Twp. 16 North, Range 54 West of the 6th P.M., Kimball Co., NE,

 2014 REAL ESTATE TAXES: $1,055.64

FSA: This farm contains 151.1 acres of wheat base (+/-) with a 30 bushel yield. Based on 152.91 cropland acres.

CROP INSURANCE: Shall be assumed by the Buyer for the 2015 crop (If any).

SALE DAY DEPOSIT: $15,000.00

Aerial 2 Tracts                       Plat Scan highlighted

TERMS: The land is to be sold for Cash. All financial arrangements must be made prior to the Auction. The Seller’s desire is 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 April 28, 2015.

TITLE: The Seller’s will convey property by Corporation Warranty Deed supported by Title Insurance, showing good and merchantable title at a cost of one-half to Seller and one-half to Buyer.

TAXES: Seller agrees to pay customary closing costs and taxes to December 31, 2014.

MINERALS: The Sellers are reserving one-half of minerals now owned.

POSSESSION: Buyer will have full possession on closing subject to the Tenant’s rights on the land seeded to wheat and in summer fallow. The Buyer will assume the current Landlord’s share of crop production for 2015 and 2016. Full possession of the land seeded to wheat will be after the 2015 harvest.

Tenant Information: The land has a current tenant in place. The shares are 1/3 to the Land owner and 2/3 to the Tenant. Buyer will be responsible for 1/3 of the herbicide and fertilizer costs. The Land Owner’s share will be harvested and delivered to the nearest elevator.

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. Announcements at sale supersede all prior advertising, printed or oral. For information go to www.farmauction.net or contact Darrell Kraupie, Steve Erdman or Del Ray Kraupie @ 308-262-1150. 

FirsTier Bank  – Seller