160± Acre Box Butte Co. Dryland Quarter

LAND AUCTION

Bidding closes Wed., April 7th, 2021 starting at 12:17pm

SOLD!  $740/acre

LOCATION:  The corner of Rd 83 and Valley Rd.  From Alliance, NE: Go 11 miles west on Otoe Rd, 1 south on Rd 72, 9 west on Perkins Rd, then south & west on Rd 85 (south of Snake Creek) to Valley Rd then ½ mile west to the northeast corner. OR From Moomaw’s Corner (north of Bayard, NE): Go 15.5 miles north on Rd 75 that turns into Rd 83 (at the Box Butte Co. line) to the Southwest corner.

Good quarter section in a good farming area! The producing land is mildly to gently sloping with a very clean field. The farm has 80% class II soils consisting of Creighton very fine sandy loam with 0 to 3% slope. Soils are estimated at 40 bushel for non-irrigated winter wheat. The SRPG Rating is 48.4!

The Farm has a “Crop Share” Tenant. (1/3 to Landlord 2/3 to Tenant). Landlord pays 1/3 of the fertilizer & Spring herbicide if applicable. Farm is in a chemical fallow rotation.

LEGAL: NW1/4 Section 26, Twp. 24N, R 52 West of the 6^th P.M. Box Butte County, NE.

2020 RE TAXES: $851.34

POSSESSION: The Buyer must assume the current tenant for the 2021 crop year. The farm is currently all seeded to Wheat for the 2021 Harvest. Buyer will have full possession after harvest. Buyer will receive the landlords share of the growing wheat, buyer will be responsible for fall fertilizer bill of $599.88, and any spring cost for the growing wheat.

FSA Info: 157.7 acres Cropland with 113.1 acres Wheat Base, PLC yield 37 Bu. Landlord Does Not Share in the FSA payment under this lease. (Farm carries an excellent wheat base!)

Deposit: $5,000.00

TERMS: Land is to be sold for Cash with no contingencies including financing. All financial arrangements must be made prior to bidding. Proof of funds may be required at the discretion of the Broker. All inspections must be made prior to the Auction. Buyers are buying the property in “as is” condition. The land will be sold by the Taxed Acre.

THIS IS AN INTERNET BIDDING 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. Pre-bidding is open now and encouraged! 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 winning bidder is required to execute the Purchase Agreement and deliver deposit of $5,000.00 in the form of wire transfer, cashier’s check, personal check, or cash to our office before 12:00pm on April 8^th , 2021. Please Note: 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 May 14^th, 2021. 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.

Terry Jessen – Seller

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 Agents representing Kraupie’s Real Estate & Auctioneers are working as Seller’s Agents.