Dennis L. Cauley Revocable Trust Land Auction

354 ACRES Irrigated Farm Land

SOLD! Tract 1: $360,000.00     Tract 2: $215,000.00       Tract 3:$220,000

Friday March 6, 2015       Sale Time 1:30 P M.

Sale to be held at the Kimball Events Center (615 East 3rd) Kimball Nebraska

KIMBALL COUNTY, NEBRASKA

TRACT ONE:   137 ACRES +/- IRRIGATED LAND, HOME & BUILDINGS

SOLD! $360,000.00

Irrigated under Lateral Move and Center Pivot Sprinklers

Productive Land! This is a great location on the highway just minutes from Kimball or Dix Elevators. Will raise all crops associated with the area. The land is in 2014 wheat stubble. Primarily all Bayard fine sandy loam class 2 irrigated soils. The FSA indicates 125.91 acres cultivated farmland, the balance is in Building site and shelterbelt. This Tract will have 2 Irrigation wells.
The Improvements consist of an 1,168 sq ft. 2 Bedroom Home with 1 Bath Up, Newer Kitchen Cabinets, Electric Stove & Oven, Built-in Dishwasher, Side by Side Refrigerator, Washer & Dryer, Newer Vinyl Windows, 3 Ceiling Fans, New Tile & Wood Design Linoleum Flooring (nice!), Recent Updated Pex Plumbing, Forced Air Furnace, Attached 1 Car Garage w/ Overhead Door & Opener, Very Good Stucco Exterior, Steel Roof, unfinished Basement.
Outbuildings include: a Huge 4,284 sq. ft. Barn with full “Hay Mow” all sided and roofed with steel, good windows, horse stalls and open cattle area. A 40×100 ft. Steel Quonset with full cement floor, a 38×40 ft. remodeled wooden granary with steel siding and overhead door and other supporting buildings. The corral has windbreak, waterers and approx. 360 ft of cement bunk line.

LOCATED: From Kimball, 4.7 miles East on Hwy 30 to the southwest corner of Tract #1. (5152 Hwy 30).
LEGAL DESCRIPTION: Pt S1/2 of Section 30, Pt. S1/2 of Section 29 in Township 15N, Range 54 West of the 6th P.M. Kimball Co., Nebraska
2014 REAL ESTATE TAXES: $ 4,214.90 (estimated)
IRRIGATION EQUIPMENT: Lockwood 6 Tower Linear Pivot, 6,813hrs, 50 Hp Electric Motor, 8 in. Underground line to wiper and Linear supply line.  And an additional Irrigation well with 25 Hp electric Motor (line to east).
SOUTH PLATTE NRD has 121.6 certified irrigated acres with 44.02 inches remaining in the allocation period ending 12/31/2015.
SALE DAY DEPOSIT: $30,000.00

TRACT TWO:   102 ACRES +/- IRRIGATED LAND

SOLD! $215,000.00

Irrigated Land under Lateral Move Pivot

 Also a nice Productive Farm! This parcel has 1 Lateral Move Sprinkler to get the most benefit from the land. 102 +/- acres of irrigated cropland. The land is in 2014 wheat stubble.Primarily Bayard and Tripp Loam class 2 soils.

LOCATED: From Kimball, Nebraska  4 miles East on Hwy 30 to the southwest corner of Tract #2.
LEGAL DESCRIPTION: Pt S1/2 of Section 30, Twp. 15N, Range. 54, Pt. S1/2 of Section 25 (east of Tract Four) Twp. 15N, Range. 55 All West of the 6th P.M. Kimball Co., Nebraska.
2014 REAL ESTATE TAXES: $2,225.00 (est.)
IRRIGATION EQUIPMENT: Zimmatic 6 Tower Linear Move Sprinkler, 6,768 hrs., Grow Smart Panel,  8 in. underground well supply line with risers, 50 Hp Electric Motor,
SOUTH PLATTE NRD has 114.6 certified irrigated acres (some in home site) with 43.62 inches remaining in the allocation period ending 12/31/2015.
SALE DAY DEPOSIT: $25,000.00

TRACT THREE:    108 Acres +/- IRRIGATED LAND under Lateral Move Pivot

SOLD! $220,000.00

This is also a good farm under a Lateral Move Sprinkler.  , Class 1 and 2 Tripp Loam soils! The land is in 2014 wheat stubble.

LOCATED: from Kimball, Nebraska, 3 miles east on Hwy 30 to the southwest corner.
LEGAL DESCRIPTION: Pt. S1/2 of Section 25, Township 15N, Range 55 West of the 6th P.M. Kimball Co., Nebraska (lying west of Tract Four).
2014 REAL ESTATE TAXES: $2,253.00 (estimated)
IRRIGATION EQUIPMENT: Zimmatic 6 Tower Linear Move Sprinkler, 12,601 hrs. Grow Smart Panel, 50 Hp Electric Motor and underground supply line with risers.
SOUTH PLATTE NRD has 116.1 certified irrigated acres with 42 inches remaining in the allocation period ending 12/31/2015.
SALE DAY DEPOSIT: $25,000.00

TRACT FOUR:    Remodeled COUNTRY Home & 7 Acres +/-

LOOKING FOR AN ACREAGE IN THE COUNTRY? This Tract will contain approximately 7 acres. The proposed Tract will be approximately 265 feet east and west by 1,195 feet north and south. There is a planted Orchard between the highway and the home. The nice row of Evergreen trees on the west side of the driveway will be included in this Tract. The driveway will be shared for the Buyer of Tract Three to access his farmland and irrigation well (if sold separately).
The Home has been remodeled to hold its “Early Times” nostalgia. The Home contains approximately 1,162 sq. ft. upstairs and 1,026 sq. ft. in the finished basement. The Home has been made Handicapped accessible. The main floor has  2 Bedrooms, 1 full Bath, ½ Bath & wash area at back door,  remodeled Kitchen, Newer Oak Cabinets, Built-in Dishwasher & Microwave, Electric Stove & Oven, Living Room, Full Sun Room on west side w/ newer windows & blinds, Beautiful Oak Hardwood Floors.  The Lower level has a Handicapped Staircase to Basement Level, 1 Bedroom,  Large Utility Room w/ Newer Cabinets, Washer & Dryer, Large ¾ Bath w/ nice Counter and Walk-in Shower with additional “Steamist” Steam Shower and Living Area
Exterior has: Newer Stucco Exterior & Steel Roof, Newer Vinyl Windows, Large Permanent Wood Deck (East Facing) and Chain Link Fenced Yard. Also: a Detached 2 Car Cement Block Garage w/ 1 Overhead Door & Opener and Pitless Submersible Well.

LOCATED: from Kimball, Nebraska on Hwy 30 3.8 miles east on the north side of the highway.  (4980 Hwy 30)
LEGAL DESCRIPTION: A Tract of land to be surveyed  in Pt. S1/2 of Section 25, Twp. 15N, Range 55 West of the 6 th P.M. Kimball Co., Nebraska. (Subject to County Approval)
2014 REAL ESTATE TAXES: $1,092.00 (estimated)
SALE DAY DEPOSIT: $10,000.00

2 GRAIN BIN SITES IN DIX, Nebraska   

41,500 bushel of storage (2 locations)

Bin Site Parcel #1 is just north of the Elevator on the west side of CR 59. There are 4 – 5,815 bu. Bins and two 4,070 bushel bins.  SOLD! $12,000.00

Bin Site Parcel #2 is 1 Block north across the RR and 1 Block East on the north side. This site has one 5,815 bushel bin and two older 2,180 bushel bins

SOLD! $2,500.00

SALE DAY DEPOSIT: $1,000.00 (on each parcel)
NOTE: The Bins are currently in use and will be reserved by the Seller until the grain is removed prior to the 2015 Harvest.

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 April 6, 2015.
MANNER OF SALE: We plan to sell the Tracts in order as listed by the acre. The Tracts are not currently divided by the County Assessor as we are selling them. The Buyer should do their “Due Diligence” as to the acres we have estimated.  The Bin Sites will be sold by the Lump Sum.
TITLE: The Seller’s will convey property by Trustee’s Deed supported by Title Insurance, showing clear title at a cost of 1/2 to Seller and 1/2 to Buyer.
TAXES: Seller agrees to pay customary closing costs and taxes to December 31, 2014.
MINERALS: The Sellers are reserving 75% of the Minerals they now own. No Mineral search has been conducted or will be furnished. Remnants of Oil & Gas exploration and production exist on the property.
SURVEY: Survey costs will be split equally between the Buyer and Seller. (Approximately $600.00 per side, per Tract, if sold separately)
POSSESSION: Buyer will have possession on closing

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. Buyer’s and Agents should note, we will not accept Sub-agency without prior written consent. For more information call 308-262-1150.

Dennis L. Cauley Revocable Trust