Pivot Irrigated Farm – 157 Acres – Morrill Co., NE

LAND AUCTION

Friday, January 17th, 2020 1:30pm

AUCTION LOCATION: Prairie Winds Community Center – 428 N Main St., Bridgeport, NE.

SOLD!  $2,700.00/acre


Pivot Irrigated Farm · 157± Acres · Morrill County, NE

Land Located: From Bayard, Nebr.: 4 miles north on Hwy. 26 to Jct. with L62A then 2 miles north on oil CR 75 to CR 118 then 1 mile west to the southeast corner. From Minatare, Nebr.: 2 miles north on Lake Minatare Rd. to CR M then 7.5 miles east to the southwest corner.  (North of 7190 Rd. 118, Bayard, Nebraska)

       This is a very productive sprinkler irrigated farm. Corn production this last year was 189 bu.! Primarily Alice and Mitchell sandy loam soils. A combination of good flat ground and some southern slope. Excellent access with only 1 or 2 miles to an oil road. This farm and its producer has achieved a 193 bu. approved corn yield for crop insurance.  Good hunting potential with wildlife management areas to the west and to the southeast.

      The farm has 130± Acres under a 2007 Zimmatic Center Pivot.  It is supplied by surface water into a collection pit and pumped to the pivot underground with a newer 30 Hp. Electric motor with pump. The pit allows overflow to irrigate an approximately 5 acre field in the southeast corner of the farm. The Sprinkler is equipped with “Field Net” (paid through August 2020), fertilizer injection, drops and nozzles, and is well maintained.


Legal Description:
SE ¼ Section 28, Township 22N, Range 52, West of the 6th P.M., Morrill County, NE EXCEPT a Tract of land in the SE1/4SE1/4 containing 3.71 acres
Irrigation Taxes:
156 Acres Water Rights under Pathfinder Irrigation Co. @ $31.00 per acre. Total O & M $4,836.00
FSA Info: 136 Acres DCP Cropland, 88.39 acres Corn Base (FSA yield 159 bu.), 15.21 Acres Wheat Base (FSA yield 78 bu.), Approx. 16.5 acres in CRP (corners) paying $122.00 per acre until 09-30-2025. The Buyer must assume and comply with the existing CRP Contract.
FSA Aerial
FSA Information
10 year APH
Soils under pivot

2018 Real Estate Taxes:  Estimated at $5,230.00
Terms: The land is to be sold for cash, not contingent on loan approval. All financial arrangements must be made prior to bidding. A deposit of $50,000.00 will be due upon being the successful bidder which requires signing the Purchase Agreement. The balance will be due at Closing on or before February 26th, 2020. Note: The Buyer will receive the corn stalks which have not been pastured or hayed this year!

Acreage Not Selling  Aerial surveyed acreage out


LIVE ONLINE BIDDING AVAILABLE at BidNebraska.com

If you are unable to join us for the live auction, register to BID LIVE ONLINE from anywhere!  Online Bidders must register to bid, complete the Bidder Registration Form, & be approved by the auction company prior to the auction.  Bidders must read & agree to all terms & conditions as provided. Earnest deposit must be received within 24 hours or the next banking day. Buyer must execute a purchase agreement either in person or electronically immediately following auction.  Register online by clicking on the “Register to Bid” button for this auction or call our office for more info!

 

James & Alice Glasco

Sellers

 

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 acreages represented are “more or less.” All Agents representing Kraupie’s Real Estate & Auctioneers are working as Seller’s Agents.